OCBC launches $100,000 fund to support local environmental projects

#OCBCCares Fund for the Environment will fully fund a broad range of ground-up projects that benefit both the environment and the community.
#OCBCCares Fund for the Environment will fully fund a broad range of ground-up projects that benefit both the environment and the community. PHOTO: ST FILE

SINGAPORE - OCBC Bank on Monday (July 10) launched a $100,000 yearly fund to support the Singapore environmental movement.

Called the #OCBCCares Fund for the Environment, it will fully fund a broad range of ground-up projects that benefit both the environment and the community.

It is open to individuals and interest groups, and is also supported by the National Parks Board, national water agency PUB and the National Environment Agency.

Said group chief executive of OCBC Bank, Mr Samuel Tsien: "We want to fund projects that can be realised with meaningful and sustainable impact on our environment. In the course of our own environment conservation efforts, we at OCBC have learnt that there are many individuals and interest groups who are very passionate about environmental sustainability."

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He added that OCBC Bank staff volunteers would help all applicants with project management, presentation, and the financial planning for their projects to increase their chances of success.

Applications close on Nov 30, and the form is available here.