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The EU is taking decisive actions to facilitate a green recovery from COVID-19 with the adoption of the Next Generation EU Plan. Singapore has also set ambitious plans to facilitate the transition to a more sustainable, low-carbon, and climate-resilient future. Like the EU, Singapore believes that a green recovery from COVID-19 – one that addresses economic and climate objectives at the same time – will allow us to not only build back, but build back better. To succeed in our efforts, we need to: (i) plan long-term to support the low-carbon transition and seize green growth opportunities; (ii) build greater sustainability and resilience into our systems; (iii) invest in low-emissions solutions, leveraging green finance; (iv) and forge stronger collaborations and partnerships.
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