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Sustainable Bond Grant Scheme (SBGS)

Sustainable Bond Grant Scheme (SBGS)

Provides cost reimbursement in Singapore for external review work tied to sustainable bond issuance.

OpenMonetary Authority of SingaporeSingapore
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About

The Sustainable Bond Grant Scheme (SBGS) is administered by the Monetary Authority of Singapore (MAS) under the Financial Sector Development Fund (FSDF) and is valid until 31 December 2028. The scheme reimburses up to 100% of eligible external review and rating costs incurred in connection with the issuance of green, social, sustainability, sustainability-linked, or transition bonds that are issue…

What this grant funds

Green bonds, social bonds, sustainability bonds, sustainability-linked bonds, transition bonds issued and listed in Singapore meeting internationally recognised principles.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.31 Dec 2028
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Industries

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Eligibility criteria

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Application process

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Timeline

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Last verified: 22 Jul 2026Source: www.mas.gov.sg