Bloomberg Markets and Finance published this video item, entitled “Singapore Is Committed to Lower Carbon Future, Minister Says” – below is their description.
Jul.16 — Singapore Minister for Sustainability and the Environment Grace Fu discusses about the Lion City’s green transition plans. The government expects to collect carbon tax revenue of about S$1 billion in the first five years after initially introducing it in 2019. Fu speaks with Haslinda Amin and Rishaad Salamat on “Bloomberg Markets: Asia.”
Bloomberg Markets and Finance YouTube Channel
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Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Singapore, officially the Republic of Singapore, is a sovereign island city-state in maritime Southeast Asia.
The country’s territory is composed of one main island, 63 satellite islands and islets, and one outlying islet, the combined area of which has increased by 25% since the country’s independence as a result of extensive land reclamation projects. It has the second greatest population density in the world. The country has almost 5.7 million residents, 61% (3.4 million) of whom are Singaporean citizens. There are four official languages of Singapore: English, Malay, Chinese, and Tamil; with English being the lingua franca.