EFS-Green enables better access to green financing for enterprises that are Project Developers, System Integrators and Technology & Solution Enablers which develop enabling technologies and solutions to reduce waste, resource use or greenhouse gas emissions, especially in sectors of Clean Energy, Circular Economy, Green Infrastructure and Clean Transportation. This is part of the Enterprise Sustainability Programme.
The efforts are aligned to the Singapore Green Plan 2030, which identifies a focus on helping local enterprises develop capabilities, build track-record and capture growth opportunities within the green economy to develop a strong pool of enterprises within these sectors, with the aim to generate economic value-add, positive environmental impact and good jobs for Singaporeans.
ESG will provide 70% risk-share to catalyse the lending from partner FIs.
EFS-Green is open for applications from 1 Oct 2021 until 31 Mar 2024. All applications must reach ESG and be approved by a partner FI by 31 Mar 2024.
Note: Total overall borrower group1 limit exposure is S$50 million for EFS-Green and EFS.
SME should meet the following criteria:
Note: Enterprises which are adopters of green solutions or technologies will not be supported under this programme. These enterprises can still tap existing EFS facilities.
Click here for frequently asked questions on EFS.
Click here for frequently asked questions on EFS-Green.