As global climate momentum stalls, Singapore is standing firm in its ESG and carbon neutral strategy—positioning itself as a leader in proactive climate governance and green economic transformation. 

While several major economies, including the U.S., have rolled back key environmental protections, Singapore has reaffirmed its decarbonisation commitments under the Singapore Green Plan 2030. The city-state met the UN’s February 2025 deadline for updated carbon targets and plans to cut emissions to 45–50 million tonnes CO₂-equivalent by 2035, achieving net-zero by 2050. 

During Budget 2025, Singapore announced a S$5 billion Future Energy Fund to accelerate the adoption of clean energy and zero-emissions transport. This reinforces five core pillars of its climate blueprint: energy reset, sustainable living, green economy, city in nature, and a resilient future. 

The city is rapidly expanding green infrastructure—from cycling paths and green spaces to solar power capacity, aiming to generate 2GWp of solar energy by 2030. It also seeks to electrify transport across air, land, and sea. 

Singapore’s ESG strategy is more than policy—it’s an economic catalyst. The energy transition is opening job opportunities in science, finance, and data analytics. Globally, the International Energy Agency predicts over 10 million clean energy jobs by 2030. Domestically, SkillsFuture identifies green jobs as a major growth sector. 

Simultaneously, Singapore is driving sustainable finance to fund green bonds, infrastructure, and carbon markets—fostering capital flow into ESG-aligned projects. 

Despite global uncertainty, the fundamentals behind climate investing remain strong. GIC forecasts adaptation revenue growth from US$1 trillion today to US$4 trillion by 2050, with related investments expected to reach US$9 trillion. 

In an era of wavering climate ambition, Singapore’s consistency proves that integrating ESG into national strategy is not only wise risk mitigation—it’s a smart investment in long-term competitiveness and environmental resilience. 

Source: 

https://www.businesstimes.com.sg/companies-markets/future-world-sustainability-2025/singapores-climate-strategy-stands-firm-amid-global-setbacks-emissions