As the highly anticipated UN COP28 Climate Conference commences in Dubai, Singapore's Minister for Sustainability and the Environment, Grace Fu, emphasizes the urgent need for global collaboration to tackle the climate crisis. Highlighting the severe impacts of rising sea levels, Fu warns that even short-term inundations could cripple Singapore's economic activities.
\"Protecting ourselves, our properties, and our livelihoods from sea level rise is one of the foremost challenges we face,\" Fu states. She advocates for a balanced approach that prioritizes both adaptation and mitigation strategies, questioning why more emphasis isn't placed on reducing the root causes of climate change.
Fu points to China as a pivotal partner in the global fight against climate change. \"China is a leader in many green technologies, from solar panels to electric vehicles. There is immense potential for political and business cooperation between our nations to develop and deploy these technologies worldwide,\" she explains.
Addressing the gap between current energy supplies and future demands in Southeast Asia, Fu remains optimistic. She highlights the importance of green finance and initiatives like China's Global Development Initiative, which encompasses climate and green transition, digitalization, and public health. By leveraging funds from various sectors, including government, banks, and philanthropic organizations, Fu believes that significant progress can be made in meeting the region's growing needs.
Fu's insights at COP28 underscore the critical role of international partnerships and technological innovation in achieving a sustainable future for all.
Reference(s):
Grace Fu: Both China and Singapore can galvanize climate action
cgtn.com
