Sustainable Development is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs. It is now widely recognized as the goal of all economic and social systems.
It is achieved through a combination of policies, practices, technologies, institutions, and other actions. These should be guided by five principles:
- Shared responsibility
As the world population continues to increase, the demand for food and water resources and the environmental impact of human activities will continue to increase unless effective measures are taken.
To achieve sustainable development, we need to reduce our consumption of natural resources, such as fossil fuels, minerals, and forests, and increase the efficiency of both production and consumption processes.
Why go for Solar Power?
- Solar power is clean, renewable energy generated from the sun.
- This type of energy is becoming cheaper and easier to produce.
- With the current rate of growth, solar power is poised to play a significant role in reducing greenhouse gas emissions.
- By investing in solar energy now, we can save money and contribute toward a cleaner future.
According to the International Energy Agency (IEA), global demand for solar electricity grew by 30 percent last year alone.
Singapore and its solar ambitions
Singapore is known as a leader in renewable energy. It was named the world’s top city for green living in 2016. In 2017, the nation announced its plan to become carbon neutral by 2050. This ambitious goal aims to reduce emissions by 80% by 2030.
To achieve these goals, Singapore is investing heavily in solar companies in singapore. It plans to build 25 gigawatts (GW) of new capacity over the next 15 years. That’s enough to provide electricity to around 6 million households, thus contributing heavily to sustainable development.