Table of description of respective measures

Malaysia 2. （2） A

1.Name of measure
Green Technology Financing Scheme (GTFS)

2.Purpose of measure
Sustainable economic development is essential in Malaysia's long-term development plans andgreen technology has been envisaged as one of the emerging drivers of economic growth not
only to ensure sustainable energy growth for the future through energy interdependent andpromote efficient utilization, but also the sustainability of the country economically, socially andenvironmentally. The transformation of the economy to be driven by green technology havebeen spelled out as the main agenda under the National Green Technology Policy which waslaunched in July 2009 and various programmes have been implemented to promote theapplication and development of green technology including the establishment of the GreenTechnology Financing Scheme in 2010.
The purpose of the Scheme that offers a 60% guarantee of the financing amount and a rebate of
2% on the interest/profit rate charged by the financial institutions, is to accelerate theexpansion of green investments by providing easier access to financing from the private andcommercial financial institutions. The Scheme which is available until 31 December 2017 orupon reaching a total financing approval amount of RM3.5 billion whichever is earlier, facilitates
the growth of local green businesses and generates new markets and job creation.
Malaysian Green Technology Corporation (GreenTech Malaysia) and Credit Guarantee
Corporation Malaysia Berhad (CGC) are the agencies tasked with administering the Scheme.
GreenTech Malaysia is responsible for the promotion, assessment, certification and monitoringof producers and users of green technology under the Scheme, while CGC administers theguarantee and rebate payments.
3.Outline and applicable sectors (transport, buildings, manufacturing, etc.)
There are four key sectors which are:i. Energy
ii. Water and waste managementiii. Building
iv. Transport
The GT policy has defined that any product, equipment or system which satisfies the following
criteria is categorized as GT;
i. Minimises the degradation of the environment
ii. Reduces greenhouse gas emissionsiii. Safe for use and promotes a healthy and improved environment for all forms of life
iv. Conserves the use of energy and natural resources and;v. Promotes the use of renewable resources4.Financial resources and budget allocation of measures

The GTFS is a special financing scheme introduced by the government to support thedevelopment of Green Technology (GT) in Malaysia. It was proposed by the Right Honourable
Prime Minister during the tabling of the 2010 Budget with a total financing amount of RM1.5billion. Subsequently, in Budget 2013, with YAB Dato' Seri Mohd Najib Tun Haji Abdul Razak
announcing that the fund for GTFS will be increased by RM2 billion and the application period
extended for another three years ending 31 December 2015. During the Budget 2016 speech on
23 October 2015, YAB Prime Minister once again had announced the extension of theimplementation period of the Green Technology Financing Scheme (GTFS) until 31 December
2017.
5.Method to measure effects of measures (reduction in energy consumption and energy cost, etc.)
1. Project Monitoring and Verification
All successful applicants shall submit monthly Project Progress Report to GreenTech Malaysia
during project implementation in accordance to the format as specified. Upon successfulcommissioning of the project, the applicant shall submit Project Outcome Report at every three(3) month to GreenTech Malaysia according to the format and dateline as specified.
2. Project Impact
The Project Outcome Report shall be prepared in accordance to the monitoring and verification
procedures and baseline as agreed during the application stage.

6.Results of measuresi. Accelerate the expansion of green investments
ii. Facilitates the growth of local green businesses and generates new markets and job creation.

7.Future tasks

8.Others

9.For further details about measures, please contact:
Malaysian Green Technology Corporation
No. 2, Jalan 9/10,
Persiaran Usahawan, Seksyen 9,43650 Bandar Baru Bangi,Selangor Darul Ehsan
Attention : GTFS Secretariat