Singapore has one of the world’s biggest deforestation footprints per capita and the impact of climate change has become more intense in recent years. Forestry, urbanization and agriculture are the main drivers. The country now is heating twice as quickly as the global average and it is projected to reach 37 °C by the end of the century, turning into a dangerous place to live.
From 1980 to 2020, the annual mean temperature has risen from 26.9°C to 28.0°C. Meanwhile sea level in the Straits of Singapore has also increased. Moreover, according to a 2020 study, the country has lost at least 35 per cent of its plant species in the last 200 years.
As Singapore is trying to recover from Covid-19, a new sustainability movement has been developed, setting the country towards a more sustainable future. Singapore Green Plan 2030 charts ambitious and concrete targets over the next 10 years, strengthening the country’s commitments under the UN’s 2030 Sustainable Development Agenda and Paris Agreement.
Among others, Singapore will try to recover the lost green. Some of the key targets of the Green Plan are:
- Add over 130ha of new parks and enhance around 170 ha of existing parks with more lush vegetation and natural landscapes by end-2026.
- 30ha of forest, marine and coastal habitats will be restored.
- One million more trees will be planted
- Every household will be within 10-min walk of a park
Furthermore, Singapore will introduce new carbon-intensive investments and the carbon tax will be reviewed by 2023. The government supports that sustainability will also be a “new engine” for jobs and growth, and local enterprises will be supported to adopt the new solutions and standards.
Every company will play an important role in this green transition and the executives should ensure that they will not be displaced by sudden structural changes.
CSE’s three-day Certified Sustainability (ESG) Practitioner Program Advanced Edition, in September 23, 24 and 27, is a training program specially designed to address key sustainability challenges, equip business executives with updated knowledge and practical tools necessary to develop a sustainability vision and strategy.
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