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Ministry of Energy, Trade and Industry
Green Economy Agreements (GEAs)

UK-Singapore Green Economy Framework (UKSGEF)

Supporting economic growth and job creation in green sectors while encouraging the decarbonisation of economic activities.

About the UK-Singapore Green Economy Framework (UKSGEF)

The UKSGEF facilitates green economy cooperation between Singapore and the United Kingdom (UK), to support economic growth and create jobs in green sectors whilst encouraging the decarbonisation of economic activities.

The UKSGEF builds on our strong and growing bilateral economic relationship, anchored by the UK-Singapore Free Trade Agreement (UKSFTA) and the UK-Singapore Digital Economy Agreement (UKSDEA) to deepen our cooperation in the green economy. It is the UK’s first bilateral framework for green economy cooperation, and reflects our shared interest in deepening engagement and exchanges on key aspects of the green economy. 

Key features of the UK-Singapore Green Economy Framework (UKSGEF)

The areas of cooperation under the UKSGEF are organised under three Pillars:

  • Green Transport, which includes maritime and air decarbonisation measures, cooperation in international fora and negotiations, as well as zero emission vehicles and charging infrastructure.

  • Low Carbon Energy and Technologies, which includes the advancement of low-carbon hydrogen technologies , carbon capture, utilisation and storage (CCUS), as well as electricity infrastructure.  

  • Carbon Markets and Sustainable Finance, which includes high-integrity international carbon markets, as well as sustainable finance under the UK-Singapore Financial Dialogue co-chaired by the Monetary Authority of Singapore and HM Treasury. 

In addition to the three Pillars, the UKSGEF also supports collaborations between both countries’ governments, academia, and business communities through joint activities. Such activities could include information exchanges, collaborations on standards development and adoption of internationally-recognised standards, enterprise matching and co-innovation, green capability development for small and medium sized enterprises, as well as academic and research partnerships.

More resources

Download the press release on UKSGEF [PDF, 974 KB] (opens in new tab).