New COP29 deal could help developing nations set stronger targets: Fu
The Straits Times|December 03, 2024
The new climate finance target agreed upon at UN climate conference COP29 will provide developing countries with capital to implement their green plans, and could help them set more ambitious emissions-cutting goals when new targets are due in 2025.
Audrey Tan

"For Singapore, we are very focused on (achieving our climate targets)," said Minister for Sustainability and the Environment Grace Fu. "We are very focused on implementation, but we also like to see the rest of the world equally committed to their targets."

She was speaking on The Straits Times' Green Pulse podcast, in an episode aired on Dec 2 – about a week after COP29 concluded on Nov 24 in Baku, Azerbaijan.

"COP29 was a critical COP because, for many years, developing countries have been asking, 'Where is the money? I have all these targets that you want us to achieve, but how do I get the means of implementation? How do I get the technology?'," Ms Fu said, when asked about the significance of the summit's outcomes for the region.

The outcome of COP29 – which included an agreement from developed countries to channel more money to developing nations – was important because it will likely affect the next round of nationally determined contribution submissions, she added.

"Implementation of targets hinges on the availability of finance and technology," she said.

Ms Fu was referring to the next set of climate change targets that countries must submit to the UN in 2025.

Bu hikaye The Straits Times dergisinin December 03, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye The Straits Times dergisinin December 03, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

THE STRAITS TIMES DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Billionaire bros pack Trump's team
The Straits Times

Billionaire bros pack Trump's team

When Donald Trump becomes president on Jan 20, at 78 years and seven months, not only will he be the oldest American to take the oath of office, but he will also be the richest.

time-read
2 dak  |
December 11, 2024
New Punggol Coast MRT station opens, cutting travel time to city
The Straits Times

New Punggol Coast MRT station opens, cutting travel time to city

It will also allow trains on the NEL to run at higher frequency during peak hours

time-read
4 dak  |
December 11, 2024
K-pop light sticks find new life in Seoul rallies
The Straits Times

K-pop light sticks find new life in Seoul rallies

SEOUL - The cityscape of South Korean capital city Seoul has transformed into a glittering colour display marrying K-pop and politics, with scores of music fans singing in the streets and waving glow sticks in protest against President Yoon Suk Yeol.

time-read
2 dak  |
December 11, 2024
The Straits Times

President Yoon's arrest possible in theory, but many obstacles in the way

The idea of a sitting president being arrested, once deemed unthinkable, now looms as a real possibility in South Korea.

time-read
3 dak  |
December 11, 2024
South Korea prosecutors seek arrest warrant for ex-minister
The Straits Times

South Korea prosecutors seek arrest warrant for ex-minister

The move comes amid fears a key suspect in the failed martial law declaration could flee

time-read
3 dak  |
December 11, 2024
Man arrested over fatal knife attack at Hougang hardware store
The Straits Times

Man arrested over fatal knife attack at Hougang hardware store

A knife attack in Hougang in the late morning on Dec 10 left one woman dead and two others, including the suspected assailant, injured.

time-read
2 dak  |
December 11, 2024
SkillsFuture helps older workers close skills gaps, says Chan Chun Sing
The Straits Times

SkillsFuture helps older workers close skills gaps, says Chan Chun Sing

Continued learning to hone skills will enable them to stay competitive, says minister

time-read
3 dak  |
December 11, 2024
Iata: Number of air travellers to cross 5 billion for first time; average fares to drop
The Straits Times

Iata: Number of air travellers to cross 5 billion for first time; average fares to drop

GENEVA - The number of air travellers around the world is expected to surpass five billion for the first time in 2025 as travel becomes increasingly affordable, said the International Air Transport Association (Iata).

time-read
3 dak  |
December 11, 2024
The Straits Times

S'pore improves in test of adult skills, but decline among older workers flagged

OECD study finds sizeable gap remains between young adults and older workers

time-read
3 dak  |
December 11, 2024
The Straits Times

'LAST-CHANCE TOURISM' AT A COST

A frozen landscape with breathtaking views, Greenland wants to attract more tourists, but its remote location and fragile environment - which make it a unique destination - also pose challenges.

time-read
2 dak  |
December 10, 2024