Three investment strategies to boost Singapore’s green lead

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pstrongIn 2023, Singapore made US$913m worth of private green investments./strong/p pSingapore leads the net-zero charge, but experts see room for three more decarbonisation strategies to further solidify its sustainability leadership.

Singapore leads the net-zero charge, but experts see room for three more decarbonisation strategies to further solidify its sustainability leadership.

“At present, Singapore imports almost all its energy needs and is exploring strategies to diversify its energy sources,” the experts said. The report also suggested that Singapore build a system to increase energy efficiency in data centres, given that the nation has a directive to have all new buildings be 50% more energy efficient than 2005 levels.

The report referenced Singapore Airlines' successful SAF pilot with the Civil Aviation Authority of Singapore and GenZero, which generated SAF credits for sale, as a rationale for the idea.

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Singapore Companies Expand into New Overseas Markets in 2023Enterprise Singapore chairman Peter Ong said there was a 66 per cent rise in local companies venturing to new markets for the first time in 2023, compared to 2019. More Singapore companies went into new overseas markets for the first time in 2023, compared to pre-pandemic days. Mr Ong hopes this is also going to be a long-term trend of local firms venturing out globally.
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