Decarbonise and Reduce Waste
146. In addition to the resources earmarked in previous Budgets, I will set aside an extra $1 billion for more than 80 projects to install additional small-scale renewable energy systems at government buildings and infrastructure. I will also set aside $150 million to conduct energy audits and install energy-saving appliances, free of charge, for NGOs subvented by the Social Welfare Department. In addition, the Green Tech Fund, set up with an allocation of $200 million by the Government, has just closed the first round of applications. The result is expected to be announced in the middle of this year. All these measures can help Hong Kong advance towards its carbon neutrality target, and will also create jobs.
147. The Government will inject an additional funding of $1 billion to the Recycling Fund and extend the application period to 2027 so as to render continuous support to the trade, particularly the SMEs, in enhancing its operational capabilities and efficiency as well as coping with the latest needs of both the local and non-local markets. It is expected that more than 1 000 businesses will benefit from the measure.
| Previous Page | Content | Next Page |
