Singaporean minister: Climate goals can only be achieved through international cooperation

Climate change goals can only be achieved through international cooperation, Grace Fu Hai Yen, the Minister for Sustainability and the Environment of Singapore, said at the Pre-COP29 event, themed “Enhance Ambition and Enable Action” held in Baku on Thursday, Report informs.

According to the minister, international cooperation is very important for her country: "Singapore has signed agreements with a number of countries in the field of carbon technology. Of course, there are risks in the implementation of these projects. But we also highly value the advantages of these projects."

The minister stated that there is a need to attract innovative financing: "We are insistent on this issue. At the same time, we should also involve private companies in decarbonization projects."