Validate & Verify your emission project with TÜV SÜD
Validate & Verify your emission project with TÜV SÜD
Singapore ratified the Paris Climate Agreement in 2016, an international treaty to reduce greenhouse gas (GHG) emissions and combat climate change. Under the agreement, Singapore pledged to reduce its Emissions Intensity (EI) – the amount of GHGs emitted per dollar GDP – by 36 per cent from 2005 levels by 2030, and to stabilise emissions with the aim of peaking around 2030.
Singapore has implemented the Resource Efficiency Grant for Emissions (REG(E)) as a critical step in its climate strategy. The REG(E) aims to provide enhanced support to manufacturing facilities and data centres to undertake projects that improve their energy efficiency and other forms of eligible emissions reduction to sustain competitiveness in a low-carbon future.
To be eligible for the grant, the company applying to the REG(E) must fulfill the following conditions:
It is registered under ACRA with the prevailing Singapore Standard Industrial Classification (SSIC) as undertaking manufacturing activities, OR be undertaking data centre activities
The following projects are eligible for the grant:
Note: Please consult EDB on project types eligible under REG(E).
The grant quantum will be determined by the carbon abatement achieved by the project, with a maximum limit of 50% of qualifying costs.
Upon project completion and verification that the award conditions are met, a one-time disbursal of the full grant amount will be given.
The following will be covered under the Qualifying Costs:
As part of the incentive application process, the company is required to submit a Project Proposal that includes technical details of the project and a Pre-Project M&V plan. The M&V plan is defined as the process of quantifying the carbon abatement delivered via the implementation of a project supported under REG(E).
Key details include:
At TÜV SÜD, we provide the most suitable specialists to carry out validation and verification activities to support you in your REG (E) application. TÜV SÜD’s experts hold various international and national accreditations to satisfy local requirements for combined auditing and verification services. With a global presence of more than 1,000 locations, TÜV SÜD is a one-stop solution provider for energy and carbon-related technical services.
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