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To enable Singapore’s low-carbon transition, the LEDS will have three thrusts:
a. Transformations in industry, economy and society, e.g. more renewable energy, greater energy efficiency, reducing energy consumption;
b. Adoption of advanced low-carbon technologies, e.g. carbon capture, utilisation and storage (CCUS), and use of low-carbon fuels; and
c. Effective international collaboration, e.g. international climate action, regional power grids, market-based mechanisms.
The document represents an important next step in Singapore’s planning towards a low-carbon future. By setting out the vision well in advance, Singapore aims to provide a clear sense of direction, to give the nation and their stakeholders the time to effect a well-managed transition to a low-carbon economy. This will also allow Singapore to grow new sectors in their economy, and create new jobs and economic opportunities.
The full document could be accessed below:
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