Reflections on National Day Rally 2019

Adopt market-based approach to climate change adaptation

At the recent National Day Rally, Prime Minister Lee Hsien Loong announced new plans for Singapore to fight climate change, citing it as one of the "gravest challenges facing mankind", which would impact low-lying cities such as Singapore.

This is indeed a progressive development to be welcomed, as Singapore is now contributing to the global task of making our environment more liveable for future generations.

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A version of this article appeared in the print edition of The Straits Times on August 22, 2019, with the headline 'Adopt market-based approach to climate change adaptation'. Print Edition | Subscribe