24 May 2021 - The Singapore Airlines (SIA) Group today announced its commitment to achieve net zero carbon emissions by 2050, reinforcing its long-standing strategy of working towards decarbonisation and environmental sustainability across its operations. The Group’s airlines, Singapore Airline...
Sustainable fuels are a key decarbonisation lever for the airline industry, given their potential to reduce carbon emissions by up to 80% on a life-cycle basis compared to conventional jet fuel. This makes them critical to the Group’s goal of achieving net zero carbon emissions by...
On a governmental level, Singapore is also striving toachieve net-zero emissions by 2050, adding anotherpush factor for businesses to seek innovative solutions to reduce their carbon footprintand contribute to a greener future. Of the various sustainability measures available to bu...
According to the International Energy Agency, emerging market and developing economies will need about USD2 trillion annually by 2030 to achieve net-zero transition by 2050, with the majority of that funding flowing into the energy industry. The International Monetary Fund projects that the private ...
Based on IEA’s roadmap towards net zero, there lies a great investment potential for wind and solar energy, contributing 36% and 22% of the global energy demand by 2050 respectively (as seen in Figure 2). The significant drop in production cost will further catalyse the exponential growth ...
“The use of SAF is a critical pathway for the decarbonization of aviation and is expected to contribute around 65% of the carbon emission reduction needed to achieve net zero by 2050,” the Civil Aviation Authority of Singapore (CAAS), which developed the plan in consultation with industry an...
The country has set a target of net-zero emissions by 2050. The Intergovernmental Panel on Climate Change (IPCC) has said that the removal of CO2 from the atmosphere will be as important as cutting emissions when it comes to curbing temperature rises. Additional information: Equatic founder ...
s sustainable development and to encourage businesses to incorporate de-carbonization and climate risks into their work plans.The start of significant rises in carbon taxes over the next few yearswill also likely have an impact on businesses as Singapore aims to achieve net zero emissions by 2050....
By 2050 therewill be a new crop of economic powers—if things go to plan. Narendra Modi, India’s prime minister, wants his country’sGDPper person to surpass the World Bank’s high-income threshold three years before then. Indonesia’s leaders reckon that they have until the mid-century...
Both parties will collaborate to jointly establish and promote hydrogen-based mobility inSingapore AsSingaporeworks towards achieving net-zero emissions by 2050, this partnership brings the country one step closer towards a hydrogen ecosystem Areas of focus as part of MOU include commercial vehicles and...