In the UK, we have been going back and forth, dancing between “It can be done” & ‘’It can’t be done’’. On the other hand, China did it 6 years ahead of schedule.
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Now, Singapore, a global financial hub known for its efficiency and innovation, is making bold moves toward sustainability. The city-state has committed to achieving net-zero emissions by 2050, focusing on reducing its reliance on imported liquefied natural gas (LNG) and addressing major emission sources such as power generation and industry.
Clean Energy Imports: A Regional Approach
Due to its limited land and natural resources, Singapore plans to import up to 6 gigawatts of clean energy from neighboring countries by 2035—covering about one-third of its energy needs. Partnerships have already been established with Indonesia, Cambodia, and Vietnam, each contributing different renewable energy sources like wind and solar. This cross-border cooperation is essential for Singapore’s transition to a greener energy mix.
Financing Decarbonisation in Southeast Asia
Beyond securing clean energy imports, Singapore aims to play a key role in regional decarbonisation. One of the biggest challenges in Southeast Asia is financing clean energy projects. To address this, the Singaporean government has pledged $500 million in concessional capital, which will be matched by partners, to support decarbonisation efforts. Additionally, Singapore is working with neighboring countries to develop regulatory frameworks that will attract investors and encourage sustainable development. By fostering collaboration, the nation is positioning itself as a leader in sustainable energy transition across Southeast
A Commitment to Climate Action
Singapore’s proactive strategy is really showing us their commitment to tackling climate change head-on. Through clean energy imports, financial investments, and policy development, the country is laying the foundation; a solid one at that for a more sustainable and carbon-neutral future.
References
Energy Market Authority, 2023. Why Does Singapore Need to Import Electricity?. [online] Available at: https://www.ema.gov.sg/news-events/news/feature-stories/2023/why-does-singapore-need-to-import-electricity [Accessed 13 Feb. 2025].
Google. (2025). Gemini (Imagen 3) [AI image generator]. https://ai.google.dev/gemini-api/docs/imagen
National Climate Change Secretariat, 2022. Singapore Commits to Achieve Net Zero Emissions by 2050. [online] Available at: https://www.nccs.gov.sg/media/press-releases/singapore-commits-to-achieve-net-zero/ [Accessed 13 Feb. 2025].
Singapore Economic Development Board, 2025. Singapore sets out plan to meet 2030 climate targets; energy imports, carbon capture among key efforts. [online] Available at: https://www.edb.gov.sg/en/business-insights/insights/singapore-sets-out-plan-to-meet-2030-climate-targets-energy-imports-carbon-capture-among-key-efforts.html [Accessed 13 Feb. 2025].
The Straits Times, 2025. Singapore releases new emissions targets for 2035, on track to reaching net zero by 2050. [online] Available at: https://www.straitstimes.com/singapore/singapore-releases-new-emissions-targets-for-2035-on-track-to-reaching-net-zero-by-2050 [Accessed 13 Feb. 2025].