Singapore intends to work with the United Arab Emirates (UAE) on developing methods to reduce greenhouse gas (GHG) emissions, including hydrogen fuel and carbon capture, utilization, and storage (CCUS), as reported by Strait Times on January 17. According to Singapore President Halimah Yacob’s virtual speech at the Abu Dhabi Sustainability Week Summit held in Dubai, Singapore and the UAE will strengthen their bilateral memorandum of understanding (MOU) signed in 2017, which established a mechanism enabling collaborations on environmental protection, climate change, and sustainable development between both countries.
The UAE committed in 2021 to realizing net-zero carbon emissions by 2050. Similarly, Singapore vowed to halve its 2030 peak GHG emissions by 2050 and achieve net-zero emissions as soon as possible in the second half of the century. As one of the major oil exporters worldwide, the UAE aims to realize its green transition by occupying 25% of the global hydrogen market by 2030. As for Singapore, it has injected USD55n into 12 research projects regarding hydrogen fuels and CCUS technologies. Furthermore, the country eyes clean energy imports to supplement its renewable energy installations. On January 19. UAE’s renewable power company Masdar signed an MOU with Singapore’s Tuas Power, France’s EDF Renewables [EDF:FP], and PT Indonesia Power to develop the renewables in Indonesia and export them to Singapore.