SINGAPORE REVISES NET ZERO TARGETS & 2030 NDC
Singapore raises its national climate target to achieve net zero emissions by 2050 as part of our Long-Term Low-Emissions Development Strategy, and revised our 2030 Nationally Determined Contribution (NDC).
SINGAPORE’S CLIMATE AMBITION AND REVISED CARBON TAX LEVELS
As announced at Budget 2022, Singapore will raise our climate ambition to achieve net zero emissions by or around mid-century. To enable the transition to a low-carbon future, we will raise the carbon tax levels progressively from 2024 to send the right price signal to businesses and individuals to reduce their carbon footprint.