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Tseng, S. (2022). Appraising Singapore’s Carbon Tax through the Lens of Sustainability.
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• TITLE: Insights from Singapore’s Green Economy for the High-Quality Development of Shanghai’s Green Economy

  AUTHORS: Peilin Wang

  KEYWORDS: Singapore’s Green Economy, Shanghai’s Green Economy, High-Quality Development, Strategic Planning

  JOURNAL NAME: Modern Economy, Vol.15 No.12, December 2, 2024

  ABSTRACT: This paper conducts a comprehensive analysis of the strategic background, key components, and outcomes of Singapore’s green economy. It further explores the implications of Singapore’s green economy for the high-quality development of Shanghai’s green economy in light of the latter’s specific context. Singapore has achieved significant growth in its green economy through pivotal elements such as robust government initiatives, support for technological innovation, the development of green industries, and international collaboration and exchange. Although Shanghai has made positive strides in transitioning to a green economy, it continues to face numerous challenges. This paper suggests that Shanghai should draw on Singapore’s experiences by formulating long-term strategies, enhancing technological innovation, increasing public participation, and deepening international cooperation to promote the high-quality development of its green economy.