Singapore intends to halve the amount of greenhouse gas (GHG) emissions it generates from its 2030 peak by 2050. According to its Long-Term Low-Emissions Development Strategy, the country expects to emit 33 MtCO2eq in 2050, down from 65 MtCO2eq in 2030. The new target, which comprises a new GHG, nitrogen trifluoride (NF3), will be included in Singapore’s nationally determined contribution (NDC) update in 2020.
To reach the new objective, Singapore plans to transform its economy to cut GHC emissions, most notably in energy and transport sectors, to fund emerging low-carbon and carbon capture utilisation and storage (CCUS) technologies and contribute to the creation of carbon markets and regional power grids. In addition, the country ambitions to reach 2 GW of solar PV capacity by 2030, up from 350 MW expected at the end of 2020. In its 2015 NDC submission, the country pledged to reduce GHG emission intensity by 36% from 2005 levels by 2030, with an aim of achieving peak emissions around 2030.