The US-Singapore Climate Partnership will “create opportunities for businesses and workers” in green growth sectors, including in energy transitions, clean energy infrastructure development, sustainable transport, sustainable finance and quality carbon credits markets. Climate change is one area to deepen bilateral cooperation, senior US administration officials had earlier said. The response to the COVID-19 pandemic, cybersecurity, defence and digital trade are the others. Singapore unveiled the Green Plan 2030, a “whole of nation movement” to advance sustainable development. One area of focus is growing the green economy to create new jobs, transform industries and use sustainability as a competitive advantage.
Climate change a “critical global challenge” and a top priority for Singapore and the US, saying that sustainability and economic growth can go “hand in hand”. Both countries support global efforts to address this key challenge and are fully committed to implementing our commitments under the Paris Agreement and taking bold climate actions. By mainstreaming sustainability into the global economy, we can work together towards greater benefits and opportunities for Singapore, the US and the region.