Green Mark Incentive Scheme for Existing Buildings 2.0 (GMIS-EB 2.0)
The Green Mark Incentive Scheme for Existing Buildings 2.0 (GMIS-EB 2.0) is a S$63-million cash incentive scheme launched on 30 June 2022 as part of the Singapore Green Building Masterplan (SGBMP). The scheme aims to raise the energy performance of existing buildings and accelerate the pace to green 80% of Singapore's buildings by 2030. It replaces the earlier GMIS-EB 1.0 scheme with updated criteria and broader building type coverage. GMIS-EB 2.0 is an outcome-based scheme where funding support is calculated based on the Green Mark certification rating achieved and the extent of carbon emissions reduction through Energy Improvement Works (EIWs). The scheme provides grant support to building owners to lower the upfront capital costs for energy efficiency retrofits and improve the returns on investment, particularly for buildings targeting Super Low Energy (SLE) or Zero Energy (ZE) standards. It covers commercial, institutional, light industrial, and residential buildings.
Eligibility Criteria
- 01
Privately-owned existing buildings (government-owned buildings excluded)
- 02
GFA of at least 5,000 sqm
- 03
Commercial and institutional developments (hotels, offices, retail, healthcare, community institutions)
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Light industrial buildings (specific SSIC codes 41-43, 46-47, 55-56, 59-62, 64-66, 68-75, 77-82, 84-88, 90-97, 99)
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Residential buildings (only energy savings from common areas/services counted)
- 06
Must target at least Green Mark Platinum certification (under BCA Green Mark 2021 assessment)
- 07
Buildings fully or partially funded by Government are not eligible
How to Apply
1. Get Green Mark certified (or plan for certification) — Submit online application with supporting documents to BCA, undergo BCA review and verification, receive Green Mark Letter of Award 2. Submit GMIS-EB 2.0 application via FormSG — Corporate entity login required (Singpass ID + corporate Entity ID). Only a Director listed in ACRA business profile (or authorized officer) can submit 3. Submit all required supporting documents including ACRA business profile, building Title Deed, project schedule, retrofit proposal endorsed by qualified professional, contract documents, quotations 4. Wait for BCA approval — EIWs must NOT commence before application is approved 5. Commence works after approval, following the project schedule 6. Submit disbursement claims in two tranches after works completion and Green Mark certification achieved
Claims and Disbursement
Two-tranche disbursement: (1) 1st Disbursement after receiving LOA and commencement of works - submit invoices for items already paid for up to that point; (2) 2nd Disbursement after retrofit works completed, building achieves targeted Green Mark certification (Green Mark Letter of Completion), and energy savings validated after operations stabilise. All claims require proof of expenditure and evidence of outcomes.
Frequently Asked Questions
Yes, but only energy savings from common areas/services are counted. Individual unit energy savings are excluded.
Yes, but any scope of works previously funded that is still within useful life at the point of GMIS-EB 2.0 application will be excluded from grant computations.
No. Buildings that apply for GMIS-EB 2.0 are not allowed to apply for other BCA incentive schemes. You must declare upfront any participation in other schemes.
You need to target at least Green Mark Platinum. You don't need to be certified beforehand, but you must achieve certification as part of the process.
No. EIWs proposed for co-funding under the Scheme shall only commence AFTER the application has been approved by BCA.
GFA of at least 5,000 sqm.
The funding factor ($/tCO2e) is multiplied by the tonnes of CO2 emissions you can reduce through your retrofits over the equipment's lifetime. This gives the qualifying cost. The grant is the lower of: 50% of qualifying cost OR the tier's funding cap.
Yes. On-site photovoltaic and other renewable energy sources are among the 22 approved types of energy-efficient equipment/technologies.
Related Grants
BuildSG Transformation Fund (BTF)
Building and Construction Authority
Varies by sub-scheme: BETC (S$100M), GTS (S$90M), GMIS-EB 2.0 (S$63M), PSG (up to S$30K per firm), EEG (up to S$350K), and others
The BuildSG Transformation Fund (BTF) is an umbrella framework that brings together all the various industry development support schemes managed by BCA under one unified platform. It is not a single grant but rather the overarching fund that facilitates transformation plans for Built Environment (BE) firms under key Built Environment Industry Transformation Map (ITM) areas. The BTF also enables individuals to tackle key transformation areas through upskilling and training. The BTF covers a comprehensive range of support schemes across multiple transformation pillars: workforce development, DfMA/IDD adoption, green buildings and sustainability, holistic firm transformation, and research & innovation. Each sub-scheme under BTF has its own specific eligibility criteria, funding levels, and application processes. By consolidating these schemes under one umbrella, the BTF aims to make it easier for industry players to discover and access relevant support while ensuring coordinated transformation across the entire value chain.
3R Fund
National Environment Agency (NEA)
Up to 80% of qualifying costs, capped at S$1,000,000 per project
The 3R Fund is a co-funding scheme administered by the National Environment Agency (NEA) to encourage organisations to reduce waste disposed of at NEA's incineration plants and disposal facilities through the implementation of waste minimisation and recycling projects. The fund supports practical, implementation-level projects that result in measurable reductions in waste. The fund prioritises projects with new and innovative processes and concepts, particularly those targeting waste streams with low recycling rates such as food, plastic, and glass waste. Projects can include redesigning production processes, installing recycling infrastructure, implementing innovative waste sorting systems, and upgrading operations to reduce waste or increase recycling volumes.
IMDA Energy Efficiency Grant (Data Centres)
IMDA
Up to 70% (SMEs) or 30% (non-SMEs) of qualifying equipment costs, capped at S$30,000 per company. Valid until 31 March 2027.
The IMDA Energy Efficiency Grant (EEG) supports businesses that use Singapore commercial data centres to adopt energy-efficient IT equipment. IMDA administers this grant for Data Centre users as part of the broader multi-agency EEG programme. Both SMEs and non-SMEs can apply, provided their group annual sales turnover does not exceed S$500 million. SMEs receive up to 70% co-funding; non-SMEs receive up to 30%. Grant support is capped at S$30,000 per company across all EEG applications. Equipment must be purchased AFTER receiving the Letter of Offer — do not commit to purchase before approval. Check the IMDA-approved equipment list on GoBusiness before applying.
Water Efficiency Fund (WEF)
PUB, Singapore's National Water Agency
Up to S$5 million for recycling projects, up to S$300,000 or 50% for water efficient equipment
The Water Efficiency Fund (WEF) was launched by PUB in 2007 to encourage organisations to seek efficient and innovative ways to manage their water demand. Enhanced from July 1, 2023, the fund covers all stages from exploratory to implementation, supporting companies in water conservation and efficiency improvements. The fund has increased its maximum support for recycling projects from S$1 million to S$5 million. Funding categories include Water Efficiency Assessment, Pilot Studies, Recycling/Alternate Water Sources, and Adoption of Water Efficient Equipment, ensuring sustainable growth in Singapore's long-term water demand.
Growth and Transformation Scheme (GTS)
Building and Construction Authority
Up to 70% of qualifying costs from S$90 million fund for alliance-based initiatives
The Growth and Transformation Scheme (GTS) is a strategic BCA initiative designed to support the formation and development of strategic alliances among Built Environment (BE) value chain partners. Recognizing that the BE sector is made up of many independent businesses with heavy inter-dependencies, GTS encourages multiple partnering companies — developers, consultants, builders, and sub-contractors — to come together and collectively develop strong, capable supply chains over the long term. Unlike firm-level grants, GTS goes beyond project-specific support and enables companies to take a long-term view on business and workforce transformation. It supports partnership efforts to strengthen technical capabilities as well as corporate, digital, and innovation practices, achieving mutually beneficial outcomes over a sustained period. The government has set aside S$90 million under GTS to co-fund up to 70% of qualifying costs for alliance-based transformation initiatives.
Tourism Product Development Fund (TPDF)
Singapore Tourism Board
Percentage of qualifying costs determined by STB based on project scope and merits (not publicly disclosed)
The Tourism Product Development Fund (TPDF) is aimed at enhancing Singapore's attractiveness as a tourist destination through supporting the creation and/or major rejuvenation of tourism products. TPDF focuses on larger-scale initiatives — building or rejuvenating major tourism products, including attractions and standalone infrastructure development, to strengthen Singapore's tourism attractiveness. A critical distinction is that TPDF specifically requires that major rejuvenation of existing tourism products includes the creation of or introduction of new content for visitors. Refurbishment work (i.e., hardware improvement and maintenance works) with no content refresh are not eligible. This ensures the fund supports genuinely transformative projects rather than routine maintenance. TPDF sits within the Tourism Product Development Scheme alongside the Cruise Development Fund (CDF) and Experience Step-Up Fund (ESF), but targets the most substantial product-level interventions — new attractions, major upgrades to existing ones, and standalone infrastructure that enhances Singapore's tourism proposition.