MAS Launches Singapore-Asia Taxonomy
Clean Energy Law
DECEMBER 12, 2023
This strategy aims for net zero emissions by around 2050 and includes shorter-term goals of cutting emissions by at least 20% and aiming for a 30% reduction by 2030, relative to 2008 levels. Early Phase-Out of Coal-Fired Power Plants (CFPP) The Taxonomy also provides a hybrid framework to phase out CFPPs at both a facility and entity level.
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