“As a small, low-lying city-state that relies heavily on imported food and energy for survival, and also depends on the connectivity of global product supply chains for growth, Singapore is extremely vulnerable to global climate change,” the analysts say.
In a report released by RHB Bank Singapore on Sept 30, analysts Shekhar Jaiswal, Vijay Natarajan and Alfie Yeo believe that food and beverage (F&B), real estate and REITs and transportation sectors stand to gain from the Singapore Green Plan (SGP) 2030.
SGP 2030 is a long-term sustainability policy that sets out various goals across sectors to transform Singapore into a more sustainable, resource-efficient and climate-resilient nation. This includes concrete sectoral plans and targets to ensure that Singapore can reach its net-zero emission goals while strengthening climate, resource and economic resilience, the analysts add.
