Closed Door Dialogue On Carbon Tax And What It Means For Businesses

(Photo by the Global Compact Network Singapore)

On 28 March 2017, ESI Research Fellow Ms. Melissa Low was invited to speak on carbon pricing experiences around the world at a closed door dialogue organised by Global Compact Network Singapore. Joining her on the panel was Mr. Benedict Chia, Director for Strategic Issues at the National Climate Change Secretariat and Ms. Malavika Jain Bambawale, Director for Sustainability and Strategy in ASEAN at Accenture. The panel was moderated by Mr. Wilson Ang, Executive Director of Global Compact Network Singapore.

The dialogue was organised in response to the 2017 budget announcement made by Minister for Finance Mr. Heng Swee Keat, that Singapore intends to implement a carbon tax by 2019. The panellists addressed questions that business managers had on the imposition of a carbon tax. The dialogue also saw business representatives airing their views and giving feedback on how revenue generated from the carbon tax could be best utilised to help businesses cope with the transition. 

The event was attended by over 60 business managers, representing a variety of sectors in Singapore.

(Posted on 29 March 2017)