News

The Singaporean government plans to require all departing flights to use sustainable aviation fuel starting in 2026. This move is widely believed to increase costs for airlines, which may be passed on to passengers.

Singapore has become the first country to sign a letter of intent (LOI) with Indonesia on cross-border collaboration on carbon capture and storage (CCS) following a new Indonesian law to allow it.

Event organizers and venue operators in Singapore are undergoing a green transition to attract participants with stronger environmental awareness. Coldplay's Music Of The Spheres World Tour is a notable example of this movement.

Singapore continues to advance the electric vehicle infrastructure, as the Ministry of Sustainability and Environment (MSE) announced that one-third of the car parks under Housing and Department board (HDB) are now equipped with fast-charging stations.

The infrastructure unit of global asset manager Keppel Cooperation will supply electricity to the Singapore operations of semiconductor manufacturing giant GlobalFoundries under a multi-year agreement, the group said on Jan 9.

Singapore’s gas and electricity prices have risen due to the impact of higher carbon tax, goods and services tax (GST) increments, and rising energy costs.

Singaporean financial service group Oversea-Chinese Banking Corp. (OCBC) has partnered with Japan’s investment firm Mercuria Holdings to create a fund of up to $500 million to finance decarbonization-related businesses in Southeast Asia.

Singapore is leading other Southeast Asian countries by releasing its first government sustainability report. Besides carbon reduction achievements, the government has announced the gradual elimination of single-use items.

The Singaporean and Japanese governments have signed a MoC to establish the first Singapore–Japan Green and Digital Shipping Corridor (GDSC).

CLIMATE Impact X has secured investment from Japan’s Mizuho Financial Group, which will collaborate with the Singaporean carbon exchange to meet the growing demand for international carbon credits among Japanese companies.