Recognising the threat of climate change and the importance of sustainable development, Singapore has made a commitment to establishing a robust framework of environmental and climate change laws and regulations – an unprecedented initiative in the Southeast Asia region.
Singapore launched its key environmental strategy in 2021 with the Singapore Green Plan 2030, a comprehensive roadmap laying out the Lion City’s sustainability vision for the next decade.
This Legal Update presents a brief overview of: (i) main targets and goals under the Singapore Green Plan 2030, (ii) key regulations and initiatives implemented, or to be implemented, in an effort to attain such targets and goals, and (iii) recent carbon market developments in Singapore.
Continue reading at Mayerbrown.com.