Addressing the Commonwealth Heads of Government Meeting in Antigua and Barbuda, Deputy Prime Minister Gan Kim Yong stressed that universal consensus is not required to advance critical climate initiatives. Singapore is utilizing Article 6 of the Paris Agreement to collaborate with specific partners, creating carbon credit projects that stimulate local economic opportunities while meeting emissions goals. The summit also addressed broader economic hurdles, including trade barriers, digital transformation, and surging living expenses. To reinforce these multilateral ties, Singapore continues to support global partners through its cooperation program, which has trained roughly 30,000 Commonwea…
Key points
Bilateral and small-group collaborations allow countries to bypass broad consensus hurdle…: Bilateral and small-group collaborations allow countries to bypass broad consensus hurdles to achieve meaningful climate progress.
Carbon credit arrangements under the Paris Agreement help Singapore fulfill emissions tar…: Carbon credit arrangements under the Paris Agreement help Singapore fulfill emissions targets while boosting economic growth in host nations.
Lowering trade friction serves as an essential mechanism for reducing business costs and…: Lowering trade friction serves as an essential mechanism for reducing business costs and alleviating global living expenses.
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SINGAPORE — Climate change was among the key issues discussed at a meeting of Commonwealth leaders, with Singapore keen to work with other member countries bilaterally or in smaller groups to tackle shared challenges, Deputy Prime Minister Gan Kim Yong said on Nov 5.
While the 56-member grouping faces difficulties reaching consensus because of its members’ differing national interests, countries need not agree on everything to pursue closer cooperation, he added.
Giving his remarks to media at the end of the Commonwealth Heads of Government Meeting in Antigua and Barbuda, Gan said climate change was a particular concern for many Caribbean and African countries, which were experiencing its increasingly severe effects.
The biennial summit brings together leaders of the Commonwealth’s 56 member states, including many small island nations that are especially vulnerable to rising sea levels and extreme weather.
The meeting, held from Nov 1 to 4, also covered economic growth, trade and the rising cost of living.
Gan acknowledged that the grouping’s members had different backgrounds, circumstances and national interests, making it difficult to reach consensus on every issue.
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