Green Tech Fund

Green Tech Fund (GTF) in Hong Kong is a government-established funding program launched in 2020 with the objective to support research and development (R&D) projects that contribute to decarbonization and environmental protection in Hong Kong. The fund aims to accelerate the development and application of green technologies to help the city achieve sustainability goals.

Key features and objectives:

• Total funding allocation of HK$400 million.
• Supports projects that promote net-zero electricity generation, energy saving and green buildings, green transport, and waste reduction.
• Funding amount ranges from HK$2.5 million to HK$30 million per project.
• Focuses on projects that can deliver practical environmental benefits and contribute to Hong Kong’s decarbonization efforts.

Target beneficiaries:

• Local public research institutions.
• R&D centers.
• Private companies engaged in green technology R&D projects.

Application process:

• Interested applicants can apply for funding by submitting proposals aligned with the fund’s priority themes.
• The fund provides focused financial support to eligible projects to facilitate their development and implementation.

The GTF supports innovative green technology projects that address key environmental challenges in Hong Kong, fostering collaboration between public and private sectors to enhance the city’s environmental sustainability and carbon reduction targets.