But the Dutch have announced plans for more than 200,000 units by 2025, and 1.8 million charging points by 2030, which would reduce the figure still further to one for about every four cars. Community Advisory Panel on Neighbourhood Noise, Alliance for Action on Norms for Joss Paper Burning, Improving Lives with Science & Technology. Singapore's Green Plan 2030 is a "national sustainability movement" which aims to turn us into a more eco-friendly country over the next decade. To facilitate Singapore's transition to a low-carbon economy and spur Singapore's development as a green finance hub, the Singapore government announced at Budget 2022 that the public sector will issue S$35 billion of green bonds by 2030 to fund public sector green infrastructure projects. This will be enabled by a Green Government, with the public sector leading in environmental sustainability; and Green Citizenry , where individuals, communities and businesses play their part. Net-zero is still Singapores aspiration according to the latest budget. The contents are intended for general information purposes only and may not be quoted or referred to in any other publication or proceeding without the prior written consent of the Firm, to be given or withheld at our discretion. I understand that some functions will not be available. According to its official website, some of the targets set out for Singapore's Green Plan 2030 include planting one million more trees, quadruple solar energy deployment by 2025, reduce waste. SINGAPORE - Life in Singapore looks set to be much greener by 2030, with new sustainability initiatives to change the way people work, study and play. Many challenges for sustainability both affect and are affected by the climate: for instance, a warming Earth will make it harder to grow enough food, and clear-cutting forests to grow that food contributes to climate change. The Green Plan charts ambitious and concrete targets over the next 10 years, strengthening Singapore's commitments under the UN's 2030 Sustainable Development Agenda and Paris Agreement, and positioning us to achieve our long-term net-zero emissions aspiration [1] as soon as viable. We will do all we can to combat climate change," said Mr Lee. As part of the Singapore government's efforts to empower, invest in, and partner companies and communities in the green transition, Enterprise Singapore ("ESG") launched the S$180 million Enterprise Sustainability Programme to support Singapore companies, especially small and medium enterprises, in their sustainability journey and to capture opportunities in the green economy in order to remain competitive in the local and global economy. Such support will focus on three key componentsdeveloping sustainability capabilities in enterprises, strengthening sector-specific capabilities, and fostering a vibrant and conducive sustainability ecosystem. It is very clear that around the world, the Covid-19 crisis has caused governments to wake up to the existential climate emergency that is unfolding. The country's food production goal was also set out in the Green Plan. Singapore Green Plan 2030 Charts Ambitious Targets for Next 10 Years to Catalyse National Sustainability Movement. Claire runs, reads and photographs with AWA. External bodies such as Climate Action Tracker already indicate that if all governments Nationally Determined Contributions (NDCs) were in line with Singapores, it would be insufficient to keep climate change under 2%, and certainly not consistent with the Paris Clubs more ambitious 1.5% maximum goals. What more could have been done? The Singapore government unveiled the Singapore Green Plan 2030 ("Green Plan") in February 2021, a "whole-of-nation movement" to advance Singapore's national agenda on sustainable development. All newly registered cars to be cleaner-energy models by 2030. Beyond HDB towns, Singapore will green 80% of all buildings over the next decade and plans to fully embrace electric vehicles (EVs). If we look at NEAs Green Bonds, there are specific criteria that projects must satisfy in order to qualify, including a focus on sustainable waste management. Leading Centre for Green Finance. The Singapore Green Plan 2030 is a national sustainability movement which seeks to rally bold and collective action to tackle climate change, and to make Singapore a greener and more. Behind the scenes, research and innovation will continue to help Singapore harness low carbon alternatives like using hydrogen as a fuel, even as programmes such as the new Enterprise Sustainability Programme is rolled out to help Singapore firms develop capabilities in this area and the promotion of the country as a sustainable tourism destination. She noted that sustainability cuts across many areas, and having ministries work together could help resources to be pooled. Singapore might be a small country, lacking in natural resources. Join ST's Telegram channel and get the latest breaking news delivered to you. As with climate action, sustainability can also be a lens for thinking about personal choices and behaviors. Here she turned to her lifelong passion and trained as a sustainability professional. The review of the carbon tax rate is a positive development but potentially, could have been fast-tracked further to provide a greater push to some of the other complementary policy initiatives such as Green finance. The Green Plan charts ambitious and concrete targets over the next 10 years, strengthening Singapores commitments under the UNs 2030 Sustainable Development Agenda and Paris Agreement, and positioning us to achieve our long-term net-zero emissions aspiration[1] as soon as viable. Read this subscriber-only article for free! There is, however, clearlya long way to go. For example, Koreas Green New Deal. Ideas generated from these engagements can be taken up through existing or new collaborative platforms, such as the Alliances for Action. The SF TSCs are part of the IBF Skills Framework for Financial Services. In February, Shell started supplying sustainable aviation fuel (SAF) to customers such as SIA Engineering Company and the Singapore Air Force in Singapore. Singapore Green Plan 2030 Ministry of Sustainability and the Environment Sustainable Singapore Blueprint: What if? The Green Bonds Programme Office was set up last year, to work with statutory boards to develop a framework along with industry and investor stakeholders. The success of Singapores Sustainability strategies will depend on innovation, the Governments ongoing commitment, and the support provided to enterprises, investors, and consumers. Copyright 2023 SPH Media Limited. The EV charging goal is boosted by S$30m of earmarked funds aimed at catalysing the initiative. In a later section, we suggest measures that could make this public financing effort more effective in catalysing the private sector to follow suit. While the space for large-scale renewable energy projects is not readily available, Singapore strives to become more energy efficient. The Singapore Green Plan: Stewarding the Change towards a Low-Carbon Future. Singapore is not only focused on Sustainable Finance. In schools, the Green Plan will be supported by the Eco Stewardship programme, to strengthen the inculcation of informed, responsible and sustainability-conscious mindsets and habits in youth. 8 The Ministries will actively involve the public and other partners to further develop ideas and undertake relevant initiatives, as part of this national engagement process. Spearheaded by five ministries, the Green Plan features five key pillars: (i) City in Nature, (ii) Sustainable Living, (iii) Energy Reset, (iv) Green Economy, and (v) Resilient Future. With just 1% of Singapores land set aside for farming given the many competing land needs, the agri-food industry will need to significantly uplift its productivity in the coming years. The Singapore Green Plan 2030 has five key pillars, being "City in Nature", "Sustainable Living", "Energy Reset", "Green Economy" and "Resilient Future". This article is now fully available for you, Please verify your e-mail to read this subscriber-only article in full. A key priority of the Green Plan is mobilising and empowering the Public, Private and People sectors to co-create solutions for sustainability. It also strengthens Singapore's commitments under the United Nations' 2030 Sustainable Development Agenda and Paris Agreement, said the five ministries in a joint media release on Wednesday.. However, we believe that with a little imagination, and more plans like this one in subsequent budgets, Singapore can also move towards a net-zero carbon future, if not as early as 2050, then soon after. The Singapore Green Plan 2030 has just made sustainability something more real to the masses on the ground. We think this is partly to help the, ReportWith a longer period of subdued growth in the eurozone now expected alongside a, ArticleSouth Africas budget announcement yesterday should offer at least some, ReportRarely have predictions for an upcoming year been so difficult and wide-ranging., ArticleRecent developments in the banking sector have spilled over into broader financial, ArticleA troika of the Fed, Treasury and regulators stepped in over the weekend to help, ArticleThe return of passenger transport will offset slipping freight volumes in 2023., ArticleBelgium needs to significantly increase the pace of renovation in order to meet the, ArticleThe Belgian construction sector had a decent year in 2022, despite challenges such, ArticleAfter strong electric vehicle (EV) sales in 2022, the Chinese car market is facing, ReportFrom game-changing advancements in 5G technology to high levels of volatility in, With the Green Plan 2030, Singapore has joined the ranks of countries making solid pledges in the direction of sustainable development. Under Singapore's Zero Waste Masterplan, we aim to increase the national overall recycling rate to 70 per cent and reduce waste-to-landfill per capita per day by 30 per cent by 2030. The overwhelming consensus of opinion of scientists currently, as expressed by the intergovernmental panel on climate change (IPCC), is that net-zero carbon is the goal. Adults, too, will work in greener buildings, since there are plans to raise the sustainability standards of buildings by then. As Singapore's leading industrial developer, JTC has started accelerating and proliferating our sustainability efforts almost 3 years . The Green Plan 2030 is clearly not the ultimate destination for sustainability in Singaporebut with a little imagination, and more plans like this one in subsequent budgets, Singapore can move towards a net-zero carbon future, if not as early as 2050, then soon after. As sustainability efforts gain traction in the global economy, there is a greater urgency for Singapore to achieve its targets under the Green Plan if it wishes to lead the region in sustainable development and financing. Singapore may be a small greenhouse gas emitter in absolute terms, but it is high when considered per capita. lock () We may share information about your use of our site with our social media, advertising and analytics partners. To support the industry in its transformation into one that is highly productive, climate-resilient, and sustainable, the SFA is employing the following strategies: Beyond increasing local food production, we are also diversifying our food import sources and growing overseas. These are at least 1.5M wide and sometimes wider, so represent an area of no less than 300,000m2. It shows that there are opportunities to be reaped too in the great green transition - and the Government will help workers and businesses seize them. Gardens by the Bay, while iconic, was designed to exemplify principles of sustainability (Credit: Isaac Matthew), Singapore's first floating solar farm (Straits Times, March 24, 2021), Blue SG, a Singapore company providing nation-wide electric-car sharing and electric car charging services (Credit: Egar Su). Equallyhelpfulwe believeis the reduction of the Additional Registration Fee for new EVs to zero, though this appears to be only temporary at this stage between January2022 and December 2023. Get Involved The Green Plan will strengthen existing national sustainability efforts and mitigation measures with several new initiatives and targets. Science has shown how the worst consequences of climate change can be avoided. But demonstration by the public sector is a tried and trusted method for promoting green finance. In a separate Facebook post, Deputy Prime Minister Heng Swee Keat said that climate change is an existential challenge for Singapore. It also strengthens Singapores commitments under the United Nations' 2030 Sustainable Development Agenda and Paris Agreement, said the five ministries in a joint media release on Wednesday. To overcome our land and resource constraints, some of our farmers have turned to technology and innovative ways to increase production. The Singapore Green Plan was launched on 10 February 2021 and charts the country's green targets for the next decade. Some cookies are necessary, while others make the website more personal and relevant to you. ALL WOMEN, ALL WALKS OF LIFE, ALL NATIONALITIES, stories, adventures and all things related to life in Singapore and Southeast Asia by AWA members, According to the Brundtland Commission's report, sustainable development, the processes used to pursue sustainability, means "meeting the needs of the present without compromising the ability of future generations to meet their needs.". All of us have to work together, and make Singapore a bright green spark for the world," he said. - Plant 1 million more trees - Quadruple solar energy deployment by 2025 - Reduce the waste sent to landfill by 30% by 2030 - At least 20% of schools to be carbon neutral by 2030 Biomass is also not something that will ever be readily available to Singapore. Share sensitive information only on official, secure websites. Requiring all new car registrations to be cleaner-energy models from 2030, and more than doubling the targeted number of electric vehicles (EVs) charging points by 2030, from 28,000 to 60,000; Last week, the Institute of Banking and Finance (IBF) and the Monetary Authority of Singapore (MAS) set out 12 Sustainable Finance Technical Skills and Competencies (SF TSCs) required by people in various roles in sustainable finance. Broad details of the Green Plan were shared by ministers helming the five ministries in a slick 15-minute video, in which each of them spoke on the areas under their charge. We have seen a number of sustainable finance initiatives last year, such asthe National Environment Agency (NEA) collaborating with DBS to raise USD 1.23 billion from its first green bond issuance. The comprehensive plan will strengthen Singapores economic, climate and resource resilience, improve the living environment of Singaporeans, and bring new business and job opportunities. percent achieve an environmental performance rating called Green Mark by 2030, . It will influence all aspects of our lives, from how we live to how we work, and play, as we work together as a nation to make Singapore a greener and more liveable home. It is also apparent that there is an overlap between the job creation needed to undo the damage caused by the Covid-19 pandemic, and plans to decarbonise the economy. As a whole, this ambitious plan serves to strengthen Singapore's commitments under the UN's 2030 Sustainable Development Agenda . Shell has also upgraded their Singapore facility to blend SAF at multiple, key locations. The session saw participants discuss how Singapore can collectively work towards its Singapore Green Plan 2030 (Green Plan) pillars of Sustainable Living and Green Economy. After all, sustainable living does not just impact the environment. The first concrete pledge of this Green plan is to expand Singapore's Electric-Vehicle (EV) charging infrastructure, deploying 60,000 charging points at public carparks, airports etc by 2030. No details have been made known yet, other than how it aims to help firms here develop "capabilities in sustainability". This service is not intended for persons residing in the E.U. The 2021 budget also announced the Enterprise Sustainability Programme more details to be released by the Ministry of Trade and Industry. Providing funding support for innovative research projects in sustainable urban food production, future foods, and food safety science and innovation, through the Singapore Food Story R&D Programme which was allocated more than $309 million of funds; Rallying citizens to play a part through branding and promotion of local produce, which enables local farms to grow their business sustainably; Working with Institutes of Higher Learning to offer courses to develop a skilled agri-food workforce and provide good jobs for Singaporeans. The Singapore Green Plan 2030, which was released by five ministries on Wednesday (Feb 10), will help chart the country's way towards a more sustainable future over the next decade. In the Green Plan Progress Update, the Singapore government raised its ambition to achieve net-zero greenhouse gas emissions by or around the mid-century. 5 The Green Plan will strengthen existing national sustainability efforts and mitigation measures with several new initiatives and targets. As part of the Singapore Green Plan 2030, the Building and Construction Authority (BCA) launched the Singapore Green Building Masterplan (SGBMP) in March 2021 with three main targets known. I want to use all functionalities on this website. Singapore, which currently generates 95% of its electricity using natural gas, seeks to import around 30% of its needs by 2035 as it decarbonizes its economy. COP26 climate change conference in Glasgow. Living in a circular economy, with a high rate of recycling, means that precious resources can be used many times over. Singapore unveils Green Plan 2030 MSE50 Officer Video Feature:. "The SGBMP captures our collective commitment to pursue more ambitious sustainability standards in our Built Environment," said Mr Lee. This includes reviewing the existing Green Mark scheme which certifies buildings as being "eco-friendly", and supporting the development of cost-effective green technologies that promote energy efficiency. To ensure that enterprises are focusing on Sustainability, governments have to keep in mind what drives these initiatives and the challenges organisations face in achieving their goals. Read this subscriber-only article for free! This is a nationwide movement to advance Singapore's national agenda on sustainable development and features five key pillars: City in Nature, Sustainable Living, Energy Reset, Green Economy and Resilient Future. There does not have to be a trade-off between economic growth and sustainability. The current ratio in the Netherlands is about one for every 150 cars. Use tab to navigate through the menu items. And how long it takes to get to net zero, and how much CO2 we will pump into the atmosphere in the meantime will determine how much hotter the planet becomes. This decisive move is intended to establish the economy's competitive edge early in a low-carbon future, and create new growth opportunities in industry, services, and finance. But we can still press on with tech and policy For instance, more vegetation will be planted along the roads to reduce ambient temperature, while more nature parks are set to sprout up over the years. Published by SPH Media Limited, Co. Regn. The International Maritime Organizations target to reduce greenhouse gas (GHG) emissions from international shipping by at least 50% by 2050 compared to 2008 levels, and to phase out such GHG emissions in this century. ), Building a City of Green Possibilities, in Partnership with Singaporeans. The Singapore Green Plan 2030 was launched recently as a whole-of-nation movement to advance Singapore's agenda on sustainable development. If not, that would be a pity. The last item under the transport heading was for a S$60bn expansion and renewal of the rail network. Sitting just above the equator, there isnt much wind, and there isnt much tidal action to harness either. With the majority of our food imported, local production is important to reduce our reliance on food imports. Copyright Mediacorp 2023. 4 Realising these sustainability goals will require a multi-stakeholder whole-of-nation effort. "I thought about having . SINGAPORE: The Singapore Green Plan 2030, a nationwide push for sustainability, aims to use government influence in "a more concrete way" to drive action, said sustainability and. Announced in 2021, the Green Plan charts Singapore's ambitions and targets over the next ten years, strengthens its commitments under the UN's 2030 Sustainable Development Agenda and Paris Agreement, and . 1 One year ago, we launched the Singapore Green Plan 2030 to catalyse a nationwide sustainability movement, to move towards a greener future. By quadrupling its solar energy deployment, solar energy deployed will be five times that of today by 2030. These include: b) Sustainable Living: to make reducing carbon emissions, keeping our environment clean, and saving resources and energy a way of life in Singapore; And if it is, we would suggest not limiting this to HDBs. Planning a trip to Singapore? More information in Singapore's Green Plan 2030 can be found here: https://www.greenplan.gov.sg. The Governments concerted efforts to make the Singapore Green Plan 2030 a success is seeing corporate participation in the vision. But at only S$5 per tonne of CO2 Singapores carbon tax, this is at the low end of the scale globally. That same year, another 2030 target for Singapore was announced - the "30 by 30" food production goal that aims to see the country cover 30 per cent of its nutritional needs through locally farmed food. It includes things like the planting of trees . By 2030, there will be an over 50 per cent increase in nature park land. There could also be preferential treatment for EVs with respect to the Electronic Road Pricingtraffic system during the transition too, and dedicated lanes to ease congestion for EVs. 202120748H. The Singapore Green Plan 2030, or the Green Plan (or the Great Plan ), is a national roadmap with ambitious yet concrete targets which will position Singapore to achieve net-zero emissions as soon as possible. e) Resilient Future: to build up Singapores climate resilience and enhance our food security "We need to ensure a Singapore for our future generations. The Green Plan will be supported by the Eco Stewardship Programme in schools, to strengthen the inculcation of informed, responsible and sustainability-conscious mindset and habits in our young. The Green Plan seeks to chart Singapore's green targets in the next 10 years, strengthening Singapore's commitments under the UN's 2030 Sustainable Development Agenda and . A new Enterprise Sustainability Programme to help Singapore enterprises to develop capabilities in sustainability Requiring all new car registrations to be cleaner-energy models from 2030, and more than doubling the targeted number of electric vehicles (EVs) charging points by 2030, from 28,000 to 60,000 2022, Government of Singapore. The NRF funding will also be used partially for R&D in 3 water technology focus areas: desalination and water reuse; used water treatment; and waste reduction and resource recovery. The plan also positions Singapore to achieve its long-term net-zero emissions goal as soon as viable. 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