Singapore Goes Green

UOBAM
2022-01-18

Investment Opportunities Prevail As Singapore Goes Green

  • Singapore companies are global leaders in the Environmental, Social and Governance (ESG) space
  • Singapore’s Green Plan is helping to drive new business opportunities across many companies and sectors
  • The key ESG sectors in Singapore ranges from energy and waste treatment to food and finance

A Green National Agenda

Sustainability has long been a central part of Singapore’s development strategy. The country unveiled its first-ever Green Plan in 1992 and its latest in February this year (2021). The Singapore Green Plan 2030 sets ambitious targets to peak carbon dioxide emissions at 65 million tonnes by 2030 and halve emissions to 33 million tonnes by 2050.

To do this, Singapore is committed to using cleaner forms of fossil fuels in the short term while exploring greener options. To date, over 95 percent of Singapore’s fuel mix comes from natural gas. Coals comprises only one percent of the country’s fuel consumption, compared to nearly 30 percent in Japan and Germany.

Additionally, Singapore is expanding into renewable energy and recently completed construction of one of the world’s largest inland floating solar energy systems. Having grown its solar capacity by seven times since 2015, it is now one of the most solar-dense cities in the world and on course to meet its target capacity of two GWp of solar energy by 2030.

Clickhere to read the full article

新加坡投资圈
虎友们想了解的新加坡股市、基金等投资机会都在这里!
免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。

精彩评论

  • MurrayBulwer
    2022-01-19
    MurrayBulwer
    Thanks to the support of the government, Singapore's green energy industry has developed very well. I think this is of great investment value.
  • PagRobinson
    2022-01-18
    PagRobinson
    Singapore has performed very well in environmental protection and green energy industry, which is worth learning from all countries.
  • EricVaughan
    2022-01-19
    EricVaughan
    With policy support, Singapore's renewable energy and green energy industries will have further development. Now is a good opportunity for investment.
  • NinaEmmie
    2022-01-18
    NinaEmmie
    It is undeniable that Singapore has done very well in ESG. So I tend to invest in companies in related industries in Singapore.
  • falleno
    2022-01-20
    falleno
    Co-exist with risks and opportunities. The greater the risk, the greater the opportunity. Thank you very much for sharing.
  • EvelynHoover
    2022-01-19
    EvelynHoover
    I like Singapore very much. They closely combine national development with industrial development.
发表看法
9
2