The Green and Sustainable Finance (GSF) Grant Scheme provides subsidy for eligible bond issuers and loan borrowers to cover part of their expenses on bond issuance and external review services so as to support green and sustainable bond issuance and lending to further enrich the GSF ecosystem in Hong Kong.
In May 2024, the Scheme was extended by three years to 2027, with an expanded scope of subsidies to cover both transition bonds and loans. The expanded Scheme aims to encourage relevant industries in the region to leverage Hong Kong’s transition financing platform as they transition towards decarbonisation.
2021
The Scheme consists of two tracks:
Track I - General bond issuance costs: 50% of eligible expenses (e.g. arrangement, legal, audit, listing fees, etc.); up to HK$2.5 million per instrument
Track II - External review costs: 100% of eligible expenses (i.e. transaction-related fees paid to recognised external reviewer for pre-issuance and post-issuance external review), up to HK$800,000 per instrument
(Please refer to the Guideline on the GSF Grant Scheme for complete and latest information on eligibility)
Eligible green and sustainable bond issuers and loan borrowers.
Track I - General bond issuance costs: first-time issuers (i.e. issuers that have not issued any green, social, sustainability, sustainability-linked or transition bonds in Hong Kong within five years preceding the eligible issuance), excluding issuers that also act as arranger for the eligible bond issuance
Track II - External review costs: first-time and repeated issuers and borrowers (each entity can apply for subsidy for two eligible loans at most)
(Please refer to the Guideline on the GSF Grant Scheme for complete and latest information on eligibility)
Check the eligibility of funding schemes through your fingertips
Check the eligibility of funding schemes through your fingertips
