Singapore’s Climate Action Plan: Take Action Today, For a Carbon-Efficient Singapore.

This Singapore’s Climate Action Plan: Take Action Today, For a Carbon-Efficient Singapore is a multi-sectoral policy document covering the period of 2016-2030. The document reflects the key elements of Singapore's actions to reduce GHG emissions to address climate change and meet Singapore’s 2030 climate pledge.
Singapore’s 2030 pledge is : To reduce our Emissions Intensity (EI) by 36 per cent from 2005 levels by 2030, and stabilise emissions with the aim of peaking around 2030. The 4 strategies to achieve the Singapore’s 2030 pledge are outlined in the document. they include:•1.Improving Energy and Carbon Efficiency • 2: Reducing Carbon Emissions in Power Generation 3: Developing and Deploying Low-Carbon Technology • 4: Encouraging Collective Climate Action. Given Singapore’s reliance on imported energy and the limited options for alternative energy, improving energy efficiency is a key strategy that Singapore has adopted to mitigate greenhouse gas emissions, improve energy competiveness and security. Improving energy efficiency will remain the key strategy for reducing emissions across the industry, transport, buildings, household, waste, and water sectors. Increased awareness building, enhanced regulations, capability building, and government support will help to achieve this. The government will review and enhance incentives, regulations, and capability-building programmes in order to drive energy efficiency improvements. As part of this, the need to price carbon to enhance efforts across all sectorswill be studed. A carbon price would send appropriate price signals to encourage changes in energy consumption, provide market incentives for the adoption of energy-efficient technologies and low-carbon solutions, and stimulate growth in green industries.