The Singapore Green Plan 2030 was launched in February 2021 as a whole-of-nation movement for sustainable development. The Green Plan charts targets over the next 10 years with the aim of reaching net zero emissions as soon as possible.
In this in-person breakfast dialogue, which is subject to limited capacity on a first-come, first-serve basis, we will be discussing:
Singapore Green Plan 2030 targets
Carbon Tax
Singapore's carbon tax rate has been set at S$5/tCO2e from 2019 to 2023 and applies to direct emissions from facilities emitting 25 ktCO2e or more in a year. To achieve the more ambitious goals, the Government has announced that it will review the trajectory and level of the carbon tax, post-2023, in consultation with industry and expert groups. The Government will announce the outcome of the review at Budget 2022.
Goal of Zero Emissions
The Government has enhanced Singapore's 2030 Nationally Determined Contribution to peak emissions at 65MtCO2e around 2030. By 2030, Singapore aims to achieve a 36% reduction from 2005 emission levels. With the current goal of reaching net zero emissions as soon as possible, what are the limiting factors to reaching net zero emissions in Singapore?
How businesses can and are participating in the Green Economy
The discussion will be moderated by Lorena Paglia, Transformation, Corporate / Sustainable Development and Governance at Asia-Pacific, Microsoft, and the Chair of our Sustainability Committee.
For more on these topics visit our Road to Net Zero Information Hub.