New climate partnership between Singapore and US, creating business opportunities in green growth sectors
SINGAPORE: The United States and Singapore have agreed to a partnership to better collaborate on climate action, environmental governance, sustainable development and low-carbon solutions.
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, said the Ministry of Trade and Industry (MTI) on Monday (Aug 23).
MTI did not say when the partnership will be launched.
The announcement comes while US Vice President Kamala Harris is in Singapore on a three-day official visit. Climate change is one area in which she is looking 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.