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Asia’s sustainability hub
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.
Positioning Singapore as a global leader in sustainability, the Singapore Green Plan 2030, launched in February 2021, charts targets across five key pillars: City in Nature, Energy Reset, Sustainable Living, Green Economy, and Resilient Future.
This plan creates significant opportunities for businesses to align with national sustainability goals and drive green innovation.
The National Climate Change Secretariat (NCCS) drives Singapore’s climate agenda, coordinating Singapore’s climate policies and focusing on business transformation, low-carbon technologies, international cooperation, and sustainable practices.
Singapore has rolled out a comprehensive suite of mitigation measures, including the first carbon pricing scheme in Southeast Asia.
Singapore is advancing sustainability in several sectors, such as energy and chemicals, through the Sustainable Jurong Island Plan, as well as in aviation and maritime. The Singapore Sustainable Air Hub Blueprint targets a 20 per cent reduction in domestic aviation emissions from 2019 levels by 2030, with a pathway to achieve net zero by 2050.
Similarly, the maritime sector is driving decarbonisation through five programmes that incentivise cleaner shipping and port operations, creating opportunities for innovative low-carbon solutions.
Jurong Island is Singapore’s leading hub for energy and chemicals, home to more than 100 global companies and supporting over 27,000 jobs. It is a dynamic ecosystem for specialty chemicals and sustainable materials and serves as a global testbed for new energies and low-carbon technologies.
From Carbon Capture, Utilisation, and Storage (CCUS) to circular plastics, innovative solutions are actively piloted and scaled across the island.
Singapore serves as Asia's agrifood innovation hub, where EDB partners with companies to develop sustainable solutions across four key areas: seeds, agricultural biologicals, animal health & nutrition, and specialty ingredients.
With Asia's food market reaching US$8 trillion by 2030 and Singapore importing over 90 per cent of our food, we leverage world-class R&D infrastructure, progressive regulations, and over S$300 million in government investments to drive research in Agrifood Tech solutions that can sustainably feed Singapore and other urban cities globally.
Singapore is positioning itself as a hub for companies aiming to be part of Asia’s growing bioeconomy, leveraging biotech or bio-based feedstock to produce fuels and chemicals essential for everyday life.
With a thriving biotechnology R&D ecosystem and access to world-class talent, Singapore is ready to collaborate with companies to develop and scale bio-based and biotechnology-enabled products across the region.
Aster and Aether Fuels partner to develop Singapore’s first commercial next-gen SAF plant.
Based in Singapore, Grow Asia works with public and private partners to improve food security, promote sustainable agriculture, and build resilient regional food systems through collaboration and innovation.
Evonik opens a world-scale alkoxides plant in Singapore, enhancing regional supply security and responsiveness to customer demand across Asia.
Read more3Degrees is expanding its carbon project development capabilities in Singapore to build a pipeline of high-integrity Article 6 carbon projects across Southeast Asia and beyond.
Read moreSingapore is the Asia Pacific hub for Neste’s renewable production, commercial activities and innovation.
Being in the heart of Asia, Singapore is well-placed to support the region's low-carbon transition. Explore the sectors and find out how businesses are using Singapore as a springboard to capture green growth opportunities in Asia.
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