The Government announced in the 2018 Policy Address to set up a $1 billion Lantau Conservation Fund (LCF) to promote conservation of Lantau, and to pursue minor local improvement works in villages and communities in support of conservation initiatives.
The LCF will support projects that would contribute to the overall conservation of Lantau, raise community awareness on the conservation of Lantau, and engage the community to put conservation into practice, with a view to fostering a quality living environment for the current generation and beyond.
The LCF consists of two parts:
This part of fund ($500 million) is dedicated to providing financial support to eligible non-governmental organisations, charities, post-secondary education institutions, etc., to collaborate with local communities and landowners and carry out conservation and related projects in Lantau.
Conservation and Related Projects comprise three streams:
Another $500 million is dedicated to Minor Local Improvement Works (MLIWs) to be carried out by the Government on government land in Lantau, in support of conservation initiatives and improvements to the environment in Lantau.