Abstract
Since its independence, Singapore has faced a tradeoff between increasing economic growth and maintaining environmental quality. We qualitatively assess Singapore’s success in managing these tradeoffs. We present, illustrate and discuss seven strategies that have contributed to this, namely (I) Spearheading of Green Industrialization Efforts by the State; (II) Environmental Regulations; (III) Quantification of Economic Benefits from Going Green; (IV) Active Engagement of Stakeholders; (V) Use of Market Instruments; (VI) Use of Behavioral Interventions; (VII) Investment in Renewable and Clean Technologies. We also highlight some areas for improvement, as well as provide some insights on the thought processes behind certain policies and suggestions as to how these strategies can be refined where applicable.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
