Think of climate action like a marathon 🏃—NDCs are the mile markers, LTS is the finish line.
Nationally Determined Contributions (NDCs) are Singapore’s short-to-mid-term climate targets.
The latest NDC:
60 MtCO₂e by 2030 after a peak earlier
45–50 MtCO₂e by 2035.
The Long-Term Strategy (LTS) sets the destination: net-zero by 2050 📉
Why it matters? 🤔
NDCs provide measurable progress.
LTS ensures long-term alignment.
Singapore’s 2020 pledge was exceeded: 32% below BAU.
This shows credibility in delivering on promises. Now, NDC is contingent on technology and cooperation. But LTS requires systemic shifts in energy, industry, and transport.
Now why is this relevant for businesses?
government reducing emissions = companies reducing emissions
this is already seen as increased carbon tax for companies
So, NDC is like a crystal orb. What regulations will be coming down from government ➡️ companies
Businesses can use NDCs as benchmarks for Scope 1–3 reporting, and policymakers can use LTS as a framework for innovation. Together, NDC + LTS = Singapore’s climate compass. 🗺️
See the complete explanation at https://www.un.org/en/climatechange/all-about-ndcs
Thanks for reading.
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