Across the region, RHB equity research analysts Nai Wan Yan and Shekhar Jaiswal note that Singapore has not been a major greenhouse gas (GHG) producer following its significant domestic efforts towards achieving net zero emissions through its alignment with international obligations, such as the Paris Agreement.
Decarbonising the transportation sector has become crucial in addressing climate change, according to the coverage of RHB’s regional thematics report titled “Net Zero Transport”.
The report focuses on documenting the current situation and action plans in Malaysia, Thailand, Singapore, and Indonesia towards the decarbonisation of transportation, which currently contributes around 21% of total global carbon dioxide emissions.
