Singapore launches green financing for buildings

News and Updates > Singapore launches green financing for buildings
News
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Eco Business
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Dec 1 2018

Singapore banks will give loans for businesses to fund green building retrofits. Singapore’s building authority has launched a pilot green financing scheme that enables building owners to get bank loans of up to S$5 million to retrofit their building to a greener standard. The government will also be amending its building laws to legally require building owners who do such retrofits to comply with a minimum certification.

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