Look for a Green Loan as a funding source - INTERMEDIATE

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Green Loans are made to finance a 'green project' that promotes environmental sustainability. A green project can be anything that has a clear environmental benefit. Green loans can help the business to access liquidity and better economic conditions. You can read more on the World Bank and DBS resources to understand the basics of a Green Loan. The Green Loan Principle Framework allows businesses to clearly understand the characteristics of a Green Loan.

In the region, EFS-Green and its partner financial institution, CIMB, are facilitating greater access to green finance for companies developing technologies and solutions that reduce waste, resource consumption or greenhouse gas emissions, particularly in the clean energy, circular economy, green infrastructure and clean transport sectors. Banks in Singapore are also encouraged to develop green and sustainability-linked lending frameworks to make such financing more accessible to small and medium-sized enterprises (SMEs).

Once you have a clear idea of your funding needs, it is advisable to look at the green and sustainability-linked loan schemes in Singapore that may be available to you to secure some funding for your projects.

90%

of the costs incurred by SMEs applying for green loans could be covered
(MAS)

70% risk-share

could be provided by EnterpriseSG to facilitate lending by partner financial institutions.
(Enterprise SG)

ADDITIONAL RESOURCES

- Sustainability-related policies list in Singapore

- The Appendix 1 of Green Loan Principles from the Loan Market Association

- Qualifying Green Sectors

- Qualifying Borrower Types for EFS-Green

- Sucessful cases

- Financial Institution contact list

  • DBS Bank Ltd: 1800 222 2200
  • The Hongkong and Shanghai Banking Corporation(HSBC): 1800 216 9008/ 6216 9008
  • Oversea-Chinese Banking Corporation Ltd (OCBC Bank): 6538 1111
  • CIMB Bank Berhad, Singapore Branch: 6302 7543
  • United Overseas Bank Ltd: 1800 2266 121

- Green and Sustainability-Linked Loans Grant Scheme

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