Home News Budget 2022

Singapore's 'very bold' plans to hasten net zero by half a century

Jovi Ho
Jovi Ho2/20/2022 01:15 PM GMT+08  • 8 min read
Singapore's 'very bold' plans to hasten net zero by half a century
“It may even be seen as too aggressive from members of industry and companies... but it is the right thing to do.”
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

A year into the Singapore Green Plan 2030, the Republic is deepening its commitment to green initiatives with more ambitious climate goals.

According to Finance Minister Lawrence Wong’s Budget 2022 speech, Singapore now aims to achieve net zero emissions by or around 2050, and will update its Low-Emission Development Strategy (LEDS) later this year.

Previously, Singapore aimed for peak emissions by 2030 and to halve that figure by 2050, before reaching net zero emissions in the latter half of the century. The new goal brings forward our net zero timeline by up to 50 years.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now