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)
- 04
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)
- 05
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
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.