Deeper emission cuts require new technology


The city-state will aim to lower total emissions to between 45 million to 50 million tonnes by 2035. — Bloomberg

SINGAPORE: Singapore aims to extend cuts to greenhouse gas emissions through 2035, though warns progress will depend on successful development of new technologies and continued global cooperation on areas like clean electricity imports.

The city-state will aim to lower total emissions to between 45 million to 50 million tonnes by 2035, the National Climate Change Secretariat said in a statement on Monday, outlining a new strategy submitted to the United Nations under the Paris Agreement.

Emissions in 2023 were 74.3 million tonnes, according to data from the European Commission, and a previous goal set a target of 60 million tonnes by 2030.

Hitting the lower bound of the new 2035 target would keep Singapore “on a linear path to our net-zero target in 2050”, the secretariat said.

However, the nation has disadvantages in deploying renewables and the “pace of decarbonisation depends heavily on developments in nascent mitigation technologies and international collaboration”.

Singapore, which currently relies on natural gas for over 90% of its electricity, is aiming to import cleaner power from neighboring nations, and also studying the deployment of technologies including nuclear energy and carbon capture and storage.

“The devil is in the details,” said Melissa Low, research fellow at the National University of Singapore’s Centre for Nature-based Climate Solutions.

“We don’t know how they’re going to get there, whether by means of actual decarbonisation, or via removals and offsets or a combination of both.”

The United Nation has urged nations to continue to devise more ambitious plans – known as Nationally Determined Contributions – to reduce emissions by the mid-2030s, even as most countries missed an initial Feb 10 deadline.

Furthermore, the strategies are “blueprints for stronger economies and societies”, said United Nations’ climate body executive secretary Simon Stiell in a post to LinkedIn.

“They should cover every sector of the economy and every greenhouse gas.” — Bloomberg

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

KLIA ranks among Top 10 airports globally with near-perfect score in 2024 ASQ survey
AmanahRaya REIT manager appoints Mohd Iskandar Dzulkarnain Ramli as MD
Oil prices rise as US vows to keep attacking Houthis
US meat exports at risk as China lets registrations lapse
FBM KLCI paces higher as region gets lift from China's prospects
Lower plant utilisation weighs on PetChem's prospects
Hospitals, insurers unlikely to be impacted by higher GP fees
HHRG shareholder calls for removal of entire board
Foreign funds dump RM1.34bil in Bursa Malaysia equities
Ringgit opens higher as US govt shutdown averted

Others Also Read