The National Climate Change Secretariat (NCSS) said the government will invest in infrastructure as well as in research and development of low carbon technologies for deployment in Singapore.
In its addendum to the President’s Address, NCSS stressed that climate change is a major challenge and as a responsible member of the global community, Singapore will also play its part to lower carbon emissions.
The secretariat, which is under the Prime Minister’s Office, highlighted that businesses and households will also have to change their practices and lifestyles to be more environmentally sustainable.
It aims to reduce carbon emissions in two main ways - greater use of less carbon intensive fuels, and improve energy conservation and efficiency. This will require promoting energy-efficient design, equipment and processes in industries, transport, buildings and homes.
In addition, the secretariat will enhance understanding and expertise in climate science and build up Singapore’s resilience and adaptability to climate change in key areas such as coastal protection, water resources and drainage, biodiversity, public health as well as urban infrastructure.
NCSS said Singapore’s experience and expertise in addressing the challenges of climate change will generate new economic opportunities in emerging industries such as clean energy, carbon services and energy services, as well as in existing industries.
The secretariat will work with the business community to seek out and capitalise on such opportunities locally and abroad.