Climate change is one of the major environmental challenges of our time. It is a global challenge that requires concerted global action by all countries. Without additional efforts to reduce greenhouse gases in the atmosphere, climate change can result in higher temperatures, rising sea levels, and changes in weather patterns. This in turn causes significant damage to homes, businesses, and livelihoods globally. Although our contribution to global emissions is small, Singapore is fully committed to playing its part in reducing greenhouse gas emissions.
In Singapore, the most significant greenhouse gas emitted is carbon dioxide, primarily produced by the burning of fossil fuels such as oil and gas to meet our energy needs in the industry, buildings, household, and transport sectors. Given our limited potential for alternative energy sources, improving energy efficiency is our key strategy for reducing emissions in all sectors of the economy. Further, our energy demand is expected to grow in the future due to an expanding economy and a growing population. Much of this growing energy demand can be avoided if we use energy more efficiently, instead of increasing energy production.