by Brianna Crandall — November 10, 2014—Demonstrating the global extent of energy efficiency concerns, the Carbon Trust and the Sustainable Energy Association of Singapore (SEAS) recently announced that they will be working together to help small and medium enterprises (SMEs) in Singapore to improve their energy efficiency. The announcement was made in London as part of the official state visit of Dr. Tony Tan Keng Yam, President of the Republic of Singapore, already considered one of the cleanest and greenest cities in the world.
The Sustainable Energy Association of Singapore (SEAS) is leading a S$17 million SME Energy Efficiency initiative, with support from SPRING Singapore, National Environment Agency (NEA) and Infocomm Development Authority of Singapore (IDA). The goal is to help some 300 SMEs achieve at least 10 percent savings in energy costs over the next three years.
The Carbon Trust will collaborate with SEAS as part of this initiative, making use of its experience of providing advice and support to tens of thousands of businesses and public sector organizations around the world, including 15,000 SMEs in the UK.
As a small-island city-state, Singapore relies on energy imports and has limited access to clean alternative energies, notes the Carbon Trust. Energy efficiency is therefore central to Singapores strategy for reducing greenhouse gas emissions, with the added benefit of strengthening the resilience and competitiveness of its economy. Under the Sustainable Singapore Blueprint, Singapore aims to achieve a 35% improvement in energy efficiency from 2005 levels by 2030.
