The Ultimate Guide to Building a Net-Zero Home in Singapore | PART 2

A net zero home is a residence that produces as much energy as it consumes over a given period, typically through the use of solar energy, battery storage, energy-efficient appliances, and smart energy management systems. This results in minimal reliance on grid electricity and a significantly reduced carbon footprint. 

Singapore has several net zero or net zero-ready buildings, including National University of Singapore’s SDE4 building and Keppel Infrastructure@Changi. The government is actively encouraging more developments to achieve net zero status through the Green Mark certification program. 

Yes, Singapore has committed to achieving net zero carbon emissions by 2050 under its Long-Term Low-Emissions Development Strategy (LEDS). Interim targets include reducing emissions to 60 million tonnes by 2030 as part of the Singapore Green Plan 2030.

Net zero benefits businesses, homeowners, and the environment by reducing energy costs, increasing energy independence, and lowering carbon emissions. It also helps governments meet climate targets while fostering innovation in clean energy and sustainable technologies. 

Singapore’s Environmental, Social, and Governance (ESG) policy promotes corporate sustainability by encouraging businesses to adopt green finance, carbon reduction strategies, and ethical business practices. The Monetary Authority of Singapore (MAS) and Enterprise Singapore support ESG initiatives through various funding programs and guidelines. 

The 30 by 30 goal is Singapore’s initiative to produce 30% of its nutritional needs locally by 2030 through advancements in urban farming, agri-tech, and sustainable food production. This plan enhances food security and reduces reliance on imports. 

Net zero means that a system, such as a country, building, or business, balances the amount of greenhouse gases it emits with the amount it removes from the atmosphere. This is typically achieved by reducing emissions, adopting renewable energy, and using carbon offset projects. 

The Singapore Green Plan 2030 is structured around five key pillars: 

• City in Nature – Enhancing urban greenery and biodiversity. 

• Sustainable Living – Promoting eco-friendly lifestyles and waste reduction. 

• Energy Reset – Transitioning to clean energy sources like solar power. 

• Green Economy – Driving growth in sustainability-focused industries. 

• Resilient Future – Strengthening climate adaptation and carbon mitigation strategies. 

Net zero payment refers to a financial transaction or investment strategy that offsets its carbon footprint, ensuring that any emissions generated are counterbalanced by carbon credits, renewable energy use, or sustainability initiatives. This is commonly applied in corporate sustainability and carbon-neutral business operations.