Financial incentives for energy infrastructure:
A sum of $20 million was set aside on 'Green Mark Incentive Scheme (GMIS)' on 15 December 2006 for a period of 3 years or when the fund is fully committed (whichever is earlier). This is to help accelerate the adoption of environmentally-friendly green building technologies and building design practices. The enhanced scheme offers cash incentives to developers, building owners, project architects and M&E engineers who make efforts to achieve at least a BCA Green Mark Gold rating or higher in the design and construction of new buildings.