As announced in 2023 budget, the government continues to support the development of green businesses, GTFS 4.0 has been reinstated with an allocation of RM1.0 billion for the period until 31 December 2025. The financing scheme will provide 60% to 80% government guarantee on the green component cost financed by Participating Financial Institutions. Additionally, there will be a rebate of 1.5% per annum on the interest or profit rate.

The financing scheme comprises five categories, which are, Producer, User, Energy Services Company (ESCO), and introduces two new categories Housing Developer and Low Carbon Mobility Infrastructure. The scheme also targets 6 key sectors which include Energy, Manufacturing, Building, Transportation, Waste and Water.

Companies must submit all necessary documents along with their applications to the Malaysian Green Technology and Climate Change Corporation (MGTC). The MGTC will assess, verify and monitor projects to ensure they align with the Scheme’s criteria. Successful applicants will receive a Green Project Certificate and can be submitted to the Participating Financial Institutions for financing.