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Budget Speech

Green Tech Fund

158. I will inject an additional funding of $200 million into the Green Tech Fund (GTF), with a view to further promoting decarbonisation and enhancing environmental protection in Hong Kong.  The first round of GTF applications received an overwhelming response, and the second round of applications has commenced.  The funding injected will primarily be used to subsidise projects in priority areas such as net‑zero electricity generation, energy saving and green buildings, green transport and waste reduction, which will in turn help support innovation and create job opportunities for the I&T industry.  Some 40 additional projects can be funded with the new injection.



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