Green Mark Incentive Scheme for Existing Buildings 2.0

Who qualifies

• Available to privately owned existing buildings in Singapore with GFA of at least 5,000 sqm.
• Eligible types include commercial and institutional developments, light industrial buildings meeting the stated SSIC condition, and residential buildings for common areas/services only.
• Light industrial buildings qualify only where the company's business activity is classified under building-sector SSIC codes beginning with 41-43, 46-47, 55-56, 59-62, 64-66, 68-75, 77-82, 84-88, 90-97 and 99.
• Energy savings from manufacturing, industrial and commercial processes are excluded from the energy savings calculation.
• Privately-owned buildings that are fully or partially funded by the Government are not eligible, and Data Centres are not eligible.
• Buildings that have applied for GMIS-EB 2.0 may not concurrently apply for other Government-funded sustainability incentive schemes (e.g. BCA's GBIC Demo funding or EDB's Resource Efficiency Grant for Energy); participation in any such scheme must be declared upfront at application.
• Buildings that previously benefitted from the earlier GMIS or GMIS-EBP schemes may still apply for GMIS-EB 2.0, but any scope of works already funded under those earlier schemes and still within its useful life is excluded from the GMIS-EB 2.0 grant amount determination.
• All projects must complete the Energy Improvement Works and submit the Actual Grant Amount (2nd Tranche) Application within 36 months of the dated Letter of Acceptance; applications submitted after this deadline are rejected.
• Buildings must be certified under the Green Mark 2021 criteria; buildings that have already attained a Green Mark Letter of Clearance for Platinum, SLE or ZE under GM: 2021 are not eligible.
• Applicants must receive the GMIS-EB 2.0 Letter of Acceptance before starting Energy Improvement Works.

What it funds

• Energy efficiency, decarbonisation, green certification, waste reduction

Costs covered: Hardware, machinery, IT equipment; Physical materials and consumables consumed by the funded project (e.g. construction materials, prototypes); Third-party consultant or professional service fees; Audit, testing, certification, standards fees.

Maximum support: up to 50%.

Recorded cap: S$1,200,000.

Funding is outcome-based on carbon abated, at S$25/tCO2e for Platinum, S$35/tCO2e for SLE and S$45/tCO2e for ZE. Funding caps are S$600,000 for Platinum, S$900,000 for SLE, and S$1,200,000 for ZE, or up to 50% of cost, whichever is lower.

Payment: Paid in tranches against milestones.

How to apply

Submit the GMIS-EB 2.0 application through FormSG using a corporate entity login with Singpass, before starting Energy Improvement Works.

1. Prepare the required supporting documents and templates.
2. Submit the application through FormSG with a corporate entity login using Singpass.
3. Receive the GMIS-EB 2.0 Letter of Acceptance, stating the Maximum Grant Amount, before starting Energy Improvement Works.
4. After commencement of the Energy Improvement Works, submit the First Tranche Application Form for up to the amount paid out so far.
5. Submit the Actual Grant Amount Application Form by the stated deadline after completing the works, Green Mark certification and verification.

Before applying

• Do not start Energy Improvement Works before receiving the Letter of Acceptance.
• Only an officer listed as a Director in the Applicant's ACRA business profile (Registered Officer) may submit the application; otherwise authorisation must be granted using the Authorisation Request Template.
• Applicants are advised not to issue Purchase Orders before receiving the Letter of Acceptance.

Documents

• Accounting & Corporate Regulatory Authority (ACRA) business profile of Applicant (Building Owner)
• Certified true copy of the building's Title Deed or Strata Title Deed
• Authorisation Request Template (if applicable) — Where the submitting officer is not a Registered Officer. Agency document ↗
• Project schedule — Include projected commencement and completion dates of physical on-site works.
• Retrofit Proposal — Endorsed by a third-party Qualified Professional, using the Retrofit Proposal and Report Template; includes technical details, Estimated Qualifying Costs, M&V methodology, Estimated Carbon Abatement and the Maximum Grant Amount. Agency document ↗
• Certification showing the qualification of the Qualified Professional
• Relevant sections of the contract document detailing the works and costs involved for the EIWs
• ACMV schematic drawing (if applicable) — For light industrial buildings with chiller plant serving/cooling processes and spaces.
• Green Mark Letter of Award and Letter of Clearance (if applicable) — For developments that have obtained a Green Mark rating.
• One week of measured energy consumption data for the ACMV system proposed to be retrofitted or replaced — With calculated energy consumption data for other systems, for establishing the Baseline Energy Consumption; stated in the Grant Process (ver. 3).

Processing time: BCA issues the Letter of Acceptance, and its approval at each subsequent tranche, within 3 weeks of receiving a complete application.

Claiming support

Disbursement is in two stages. The First Tranche Application can be made after commencement of the Energy Improvement Works and is capped at 30% of the Maximum Grant Amount stated in the Letter of Acceptance; the Actual Grant Amount Application is made post-retrofit, after achieving Green Mark certification and completing verification, and pays the Actual Grant Amount less monies already disbursed under the First Tranche. If the Actual Grant Amount is later found to be less than the First Tranche already paid, the owner must repay BCA the difference within 3 months of written notification, with no further disbursement. Approved amounts are credited to the bank account registered with Vendors@Gov within 3 months of the approval date.

Actual Grant Amount (2nd Tranche) Application due within 36 months of the dated Letter of Acceptance; for projects submitted from 5 May 2026, on or before 1 Nov 2028.

Contact: BCA_GMISEB_Admin@bca.gov.sg

Application window: Earlier closure applies if funds are fully committed.

Opens: 2022-06-30

Closes: 2027-03-31