THIS WEEK’S TOPIC: What practical measures or changes can be adopted to meet the targets of the Singapore Green Plan 2030?
The five pillars under the Singapore Green Plan 2030 show that the government is serious in tackling issues on sustainability. Sustainability basically involves planning for the future.
I like two particular areas of the plan. Firstly, transport. By developing more cycling paths and setting aside S$30 million for developing electric vehicle charging infrastructure, people will be encouraged to travel in a healthier and greener way, thereby directly reducing carbon emissions.
Secondly, the decision to issue green bonds on select public infrastructure projects. Such a move will not only help to deepen financial liquidity, it will also galvanise the ecosystem of market participants like bond issuers and investors to come together not just for profit, but for a greater good.
Collectively, we can all play our part by consciously reducing usage of air conditioners and water heaters which account for most of the energy usage at home.
Mario Singh
Chief Executive Officer
Fullerton Markets
