Singapore-The Republic must maintain its international momentum to address the threat of climate change amid urgent priorities such as the Covid-19 pandemic, rising inflation and geological strategic challenges. Said the Ministry of Environment and Water Resources on Tuesday (June 7).

Speech at Temasek’s annual Sustainability Conference Gala Dinner-Eco’s Superior Week-Fu emphasized three ways countries can accelerate sustainability and climate change measures.

1. Catalyze actions for a comprehensive transition

Revenues will incentivize low-carbon solutions and shift to a green economy by mitigating the impact on businesses and homes, as carbon taxes will be phased in from $ 50 to $ 80 per ton by 2030. Supports.

While companies are increasingly aware of cyclical and low-carbon economic opportunities, individual choices can also play a role, Fu said.

“Individual actions may seem trivial and in fact inadequate, but our collective actions allow us to achieve our ultimate common goal,” she adds. I did.

For example, if consumers avoid disposables, buy locally grown vegetables and fish, and choose energy-efficient equipment, these choices create a spillover effect that accelerates the development of more sustainable products. increase.

Starting mid-next year, large supermarkets will carry out disposable bag charges. This is intended to make the use of disposable bags wiser for the general public to use reusable bags.

2. Unlock more sustainable solutions

Techniques and solutions for decarbonization are still out of reach or not yet commercially feasible, but industry cooperation can bring new solutions, Fu said. I did.

Last month, Singapore joined the First Movers Coalition with eight other countries. This allows companies to leverage their purchasing power and supply chain to create an early market for innovative low-carbon technologies.

This can serve as a starting point for them to reach commercial scale and open the door for local businesses to innovate with like-minded partners.

Mr. Fu also quoted a circular economy survey on Jurong Island last year. The study analyzed energy, water and chemical waste from 51 island companies.

This study provided insights on how to reduce resource use and increase Jurong Island’s competitiveness and sustainability.

Source link

Previous articleEmirates News Agency-Hub71 partners with AIQ to accelerate the transformation of the AI-led energy industry
Next articleEinal becomes Mayor of Reykjavik in 2024