US$300B
annual green economic opportunity in Southeast Asia by 20301
60 MtCO2e
emissions targeted by 2030 after peaking earlier2
Net-Zero
Singapore's emissions by 20502
US$300B
annual green economic opportunity in Southeast Asia by 20301
60 MtCO2e
emissions targeted by 2030 after peaking earlier2
Net-Zero
Singapore's emissions by 20502
Singapore is committed to building a sustainable future. We are mobilising all of our capabilities to adapt to a changing climate, enable decarbonisation, and unlock green growth opportunities as part of Asia’s sustainability journey.
To realise this vision, we are focusing on priorities that accelerate the low-carbon transition across industry, the economy, and society:
Aside from our national low-carbon journey, Singapore is the ideal springboard for companies looking to capture green growth in Southeast Asia, a region abundant in low-carbon energy resources, bio-based feedstock, and natural carbon sinks like forests and mangroves. Our strategic location places us close to fast-growing low-carbon solutions and to Southeast Asian corporates and governments ramping up their climate ambitions — driving demand for carbon and renewable energy services solutions.
The grant encourages manufacturing companies and data centres to invest in projects that improve energy efficiency, reduce non-CO₂ Greenhouse Gases ("GHG") consumption or other forms of eligible emissions reduction.
The Sustainability Reporting Grant aims to provide funding support for companies to cover a portion of their costs in producing their first sustainability report incorporating International Sustainability Standards Board-based climate-related disclosures (ISSB-based CRDs).
Administered by EDB, this grant supports established Singapore-based companies carrying out early-stage carbon project development and financing activities that generates Article 6 carbon credits.
Being in the heart of Asia, Singapore is well-placed to support the region's low-carbon transition. Explore these sectors to find out how businesses are using Singapore as a springboard to capture green growth opportunities in Asia:
Insights into Green Economy in Singapore
