Singapore's Building Technology It Needs for a New Climate Era - Bloomberg
Singapore’s Building Technology It Needs for a New Climate Era - Bloomberg
Singapore’s Building Technology It Needs for a New Climate Era
The island, which has set a goal to reach net-zero emissions by 2050, has made some progress deploying technologies like district cooling, floating solar and energy-efficient water desalination.
A floating solar photovoltaic power plant in Singapore. Photographer: Bryan van der Beek/Bloomberg
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Singapore has gone from a mudflat swamp with fishing villages to an island metropolis boasting one of the world’s highest incomes and population densities—in a little more than 150 years. It’s going to have to go through a different kind of transformation in less than 30 years, if it’s to meet its newly set goal of reaching net-zero emissions by 2050.
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Singapore’s Building Technology It Needs for a New Climate Era
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”