Key outcomes from COP30 and Singapore’s commitments: Allen & Gledhill

17 December 2025

The 30th meeting of the Conference of the Parties to the United Nations Framework Convention on Climate Change (“UNFCCC”) (“COP30”) took place in Belém, Brazil, from 10 to 21 November 2025. The conference closed with calls for mobilising at least US$1.3 trillion per year by 2035 for climate action. It also launched two major initiatives to help countries deliver on their national climate action plans.

On 17 November 2025, Minister for Sustainability and the Environment Grace Fu (“Minister”) delivered Singapore’s National Statement at COP30 where she reaffirmed Singapore’s commitment to working with the global community to make collective progress towards shared climate goals.

Key outcomes from COP30

The key decisions from COP30 are as follows:

Scaling up financing for developing countries for climate action from all public and private sources to at least US$1.3 trillion per year by 2035.
Launch of the Global Implementation Accelerator, an initiative to accelerate implementation across all actors to keep 1.5°C within reach and support countries in implementing their nationally determined contributions (“NDCs”) and national adaptation plans (“NAPs”).
Launch of Belém Mission to 1.5, an initiative aimed at enabling ambition and implementation of NDCs and NAPs.
Launch of a two-year programme on global finance exploring how to increase climate finance.

Singapore’s commitments and milestones at COP30

At COP30, Singapore emphasised the importance of effective international collaboration and that it stands ready to work with all Parties to ensure collective efforts keep global climate targets within reach. Here are some points highlighted in the National Statement of Singapore:

Mitigation and decarbonisation efforts: As a small low-lying island state and an alternative-energy disadvantaged island state, Singapore’s ability to meet its NDC goals depends on the maturity of mitigation technologies and effective international collaboration. Singapore continues to focus on solar energy, which remains the most viable domestic source of renewable energy. To further diversify its low-carbon energy mix, Singapore is establishing a regulatory sandbox to explore biomethane as a low-carbon fuel. Singapore is also exploring the potential deployment of nuclear energy. Singapore is actively looking to import low-carbon electricity from the region, as well as advancing the use of low-carbon fuels in the maritime and aviation sector. In the aviation sector, a new entity has been set up to centrally procure sustainable aviation fuel and secure a more affordable, stable supply for Singapore and the region.
Adaption and resilience efforts
- Coastal resilience: Over the next five years, Singapore will develop its inaugural National Adaptation Plan to address the physical risks and other impacts of climate change. Singapore has completed its first coastal protection site study for the eastern coast of the city and will introduce a Coastal Protection Bill in 2026 to provide for the responsibilities of stakeholders involved in coastal protection, powers for enforcement, and compliance with coastal protection standards. A code of practice will be launched by H1 2026 to set standards for the design, construction, and operation of coastal protection structures in Singapore.
- Heat resilience: To strengthen resilience to heat, a revised framework to protect outdoor workers from heat stress was implemented in 2024. This year, the National Heatwave Response Plan was launched. The plan sets out a coordinated, whole-of-government approach to manage extreme heat events and protect residents, particularly vulnerable groups. Measures like these will ensure that Singapore remains ready to manage the impacts of a warming climate while safeguarding health and livelihoods.
Regional cooperation: Singapore is working closely with its neighbours to deepen regional climate science and improve adaptation planning. Projects include working with other ASEAN countries to study the impact of climate change on the region’s agriculture sector, and working with partners to realise the ASEAN PowerGrid (APG) to enable low-carbon electricity to flow across borders, balance supply and demand, improve energy security, and advance a shared pathway toward net zero for South-east Asia. Singapore has also been engaging regional partners on technologies that will enable deep decarbonisation. For example, Singapore has signed memorandums of understanding with Malaysia and Indonesia on carbon capture and storage and is now working towards legally binding bilateral agreements to enable the cross-border transport and storage of carbon dioxide between the countries.
International contributions to global climate finance: Singapore is doing its part voluntarily to help fill the global climate finance gap:
- Capacity building: Singapore supports efforts to build institutional and technical capabilities, including through its contribution to the UNFCCC non-core budget to be earmarked towards the UNFCCC’s proposal for “Supporting Developing Countries in Implementing the Enhanced Transparency Framework”.
- Mobilising blended finance: At COP28, the Singapore Government announced Financing Asia’s Transition Partnership (“FAST-P”), a blended finance initiative which brings together international public, private, and philanthropic partners to support Asia’s green and transition financing needs, and aims to raise US$5 billion. At COP29, the Singapore Government pledged up to US$500 million concessional capital to match, dollar-for-dollar, concessional capital from other partners. This year saw further progress with FAST-P. The Green Investments Partnership has achieved its first closure of projects with US$510 million of committed capital which will be deployed to support green and sustainable infrastructure projects in South-east and South Asia across a strong pipeline of transactions including renewable energy and storage, electric vehicles, and water and waste management.
- Strengthening carbon markets: Singapore aims to direct financing towards climate action through carbon markets and the National Statement set out the various initiatives to boost demand-side confidence, unlock high-integrity supply, and develop the enablers for a high-quality carbon market. Notably, the Transition Credits Coalition, or TRACTION, released its final report at COP30, outlining practical solutions and identifying key areas for further action to help the industry operationalise and scale the use of energy transition credits. TRACTION, which was convened at COP28, comprises over 30 global ecosystem players which identify system-wide barriers and solutions for energy transition credits to be utilised as a credible financing instrument to support the managed and equitable early retirement of coal plants.