The construction of building often take years, while green building certificates are typically issued only upon completion. Can a developer obtain a green finance label for financing activities during the construction phase if the intention is to achieve green building certification upon completion?

Yes, financing during construction can be eligible as green financing, provided there is clear intention that the building will obtain green certification upon completion.

From market practices, documentary evidence such as pre-certifications or confirmation of application for a certification to be obtained within 12 months of project completion can be accepted. The green building certifications should be internationally recognised.

[Updated in Jul 2025]