As global climate ambitions waver due to economic and geopolitical challenges, Singapore remains committed to its green transition. Prime Minister Lawrence Wong highlighted that meeting the 2035 emissions target requires intensifying R&D and investments in low-carbon technologies and international collaboration.
To meet the 2035 target, Singapore is focusing on several key initiatives:
- Scaling up renewable energy: Expanding solar power deployment and regional clean energy imports.
- Carbon capture and storage (CCS): Investing in technologies to capture and store emissions from industrial sources.
- Green finance and investments: Mobilizing private capital to fund low-carbon solutions and infrastructure.
- Hydrogen and alternative fuels: Exploring hydrogen as a key energy carrier to reduce reliance on fossil fuels.
- Sectoral transformation: Encouraging industries to adopt cleaner technologies and improve energy efficiency.
Singapore’s climate strategy balances economic growth with sustainability, ensuring that businesses and industries transition smoothly while maintaining competitiveness. The government will continue working closely with companies, financial institutions and researchers to develop innovative solutions that accelerate decarbonization.
Achieving these ambitious climate goals requires collaboration between the public and private sectors. Businesses are encouraged to integrate sustainability into their operations, while individuals can contribute through energy conservation and adopting greener lifestyles.
Singapore’s enhanced 2035 climate target signals its dedication to achieve net-zero by 2050, reinforcing the nation’s role in shaping a sustainable future. As the world navigates climate uncertainties, Singapore’s proactive stance underscores the urgency of immediate and decisive action.
(Photo from:https://www.straitstimes.com/singapore/politics/put-a-price-on-carbon-emissions-to-reach-net-zero-goals-pm-wong-to-apec-leaders)