In Singapore, the 2024 Southeast Asia Climate Outlook Survey, released by the ISEAS-Yusof Ishak Institute, highlights strong regional support for national carbon taxes and rising concerns about climate change and food insecurity. Conducted between July and August, the survey found that 7 in 10 respondents back a carbon tax, with 90% willing to bear the associated costs. Vietnam and Indonesia showed the highest levels of support, with 75% and 73.5% backing the initiative, respectively.
The survey underscores a growing recognition of the need for decarbonization, with carbon taxes seen as a key mechanism for reducing emissions and driving investment in sustainable energy. Japan was identified as the leading international player in achieving the Paris climate goals, surpassing the EU and the U.S.
The survey also revealed that nearly 60% of respondents expect climate change to significantly impact their lives within the next decade, while 70% reported experiencing food insecurity, driven by rising prices and environmental factors. Minister Dr. Sophalleth Eang of Cambodia emphasized the importance of these findings in guiding Southeast Asia’s transition to a low-carbon future.
Tags: carbon tax, Singapore
Category: Research
