A “green economy” is defined as low carbon, resource efficient, and socially inclusive. In a green economy, growth in employment and income is driven by public and private investment into such economic activities, infrastructure, and assets that allow for reduced carbon emissions and pollution, enhanced energy and resource efficiency, and prevention of the loss of biodiversity and ecosystem services.
What is the Singapore Green Plan 2030 and why it is important?
At the Committee of Supply today, the government provided a progress update on the Singapore Green Plan 2030. Launched in February 2021, the Green Plan seeks to galvanise a whole-of-nation movement and advance Singapore’s national agenda on sustainable development. Ms. Grace Fu, Minister for Sustainability and the Environment, outlined the government’s efforts to empower, invest in, and partner companies, people, and communities in the green transition.