The green dollar: Cities like Singapore show the way

As big nations dither over climate change, cities can do their bit by being green finance hubs for sustainable investment

Women collecting water on the outskirts of Jalalabad, Afghanistan. Climate change is set to be the single largest existential risk that the world will have to tackle. Global cities like London and Singapore and the networks they form with other cities and private financiers can work in tandem with nation states and multilateral institutions to address climate change, says the writer. PHOTO: AGENCE FRANCE-PRESSE
New: Gift this subscriber-only story to your friends and family

Cities consume 78 per cent of the world's energy and are responsible for more than 60 per cent of greenhouse gas emissions - although they account for less than 2 per cent of the earth's surface.

It is time for cities to find ways to contribute to the global fight against climate change. Emerging green finance hubs such as Singapore and London can play a key role by directing global investments towards funding sustainable projects.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

Find out more about climate change and how it could affect you on the ST microsite here.