At last year’s Budget, Wong, who is also the deputy prime minister, announced Singapore’s plans to reach net-zero emissions by or around 2050, bringing the previous timeline forward by up to 50 years. The government updated this plan in October 2022 to achieve net-zero emissions by 2050.
Come next week, all eyes will be on the Budget 2023 announcement by Finance Minister Lawrence Wong. Ahead of Feb 14, The Edge Singapore gathered predictions and wishlists from consultants, corporates and advocates that are specific to Singapore’s sustainability agenda.
From climate adaptation strategies to tax incentives on green buildings, they emphasise a need to balance decarbonisation goals with support for businesses amid the green transition.
