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Green Incentive Scheme

Green Incentive Scheme

Objective:

To provide green incentive to Hong Kong-registered ships that have attained high ratings under the international standards on decarbonisation formulated by the International Maritime Organisation (IMO).

Funding Details:

Under the Scheme, all Hong Kong-registered ships of 5 000 gross tonnage or above in possession of a valid “Statement of Compliance – Fuel Oil Consumption Reporting and Operational Carbon Intensity Rating” showing that the ship has attained rating A or B in the Carbon Intensity Indicator (CII) formulated by the IMO are eligible for the green incentive. Each qualified Hong Kong-registered ship is eligible to receive HKD20,000 per corresponding year from 2024 to 2026. If a ship attains rating A or B in the CII throughout three years from 2024 to 2026, it may receive a maximum incentive of HKD60,000.

Eligibility:

Hong Kong-registered ships of 5 000 gross tonnage or above.

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