The Government launched the three-year Green and Sustainable Finance Grant Scheme in May 2021 to provide subsidy for eligible bond issuers and loan borrowers to cover their expenses on bond issuance and external review services. As announced in the 2024-25 Budget, the Scheme has been extended by three years from 2024 to 2027, with an expanded scope of subsidies to cover transition bonds and loans. The Hong Kong Monetary Authority is responsible for administering the Scheme.