The world is going in a greener direction and the architecture industry is following suit.
In Singapore, the government is working on making capital more accessible for firms that are developing projects with “positive environmental impact” as its goal.
It is providing 70 percent risk-share for loans made by participating financial institutions to local firms, according to Enterprise Singapore.
The Enterprise Financing Scheme-Green (EFSGreen) will be supported by partner financial institutions, such as DBS, HSBC, OCBC and UOB.
The EFSGreen covers those developing green infrastructure, along with project developers for clean energy, circular economy and clean transportation.
It is open for applications from now till 31 Mar 2024.
“Demand for green solutions is set to grow globally as countries and industries strive to set practices and targets to control the adverse impact that emissions have on global warming,” says Png Cheong Boon, the CEO of Enterprise Singapore.
“EFSGreen is meant to enable green technology innovators in Singapore to have easier access to green financing, in order to create ever-evolving, ever-improving solutions
“These enterprises are pushing new boundaries and bearing additional risks in enabling technologies for the transition towards a green economy.
“This in turn will help other enterprises adopt green solutions and capture opportunities globally.”
Across the border, Malaysia’s CIMB Group Holdings has committed to a RM30 billion ($7.16 billion) target for its sustainable finance offerings by 2024.
この記事は d+a の Issue 123 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は d+a の Issue 123 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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