NDR 2019: It could cost S$100 billion or more to protect Singapore against rising sea levels, PM Lee says

Source(s): Channel NewsAsia
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By Matthew Mohan

SINGAPORE — Tackling the “50 to 100-year problem” of rising sea levels could cost Singapore around S$100 billion or more, said Prime Minister Lee Hsien Loong on Sunday (Aug 18).

In his English National Day Rally speech, Mr Lee highlighted that Singapore is susceptible to the effects of climate change and especially vulnerable to rising sea levels. 

[...]

While Singapore has implemented localised measures to protect individual buildings and developments – new developments are required to be built at least 4m above sea level, and this requirement is even higher for critical infrastructure – these solutions will not be enough, said Mr Lee.

“We have many older buildings. These cannot be lifted up, or transported to higher ground,” explained Mr Lee.

“In fact, large parts of Singapore are low-lying, and we need to protect these low-lying areas as a whole.”

[...]

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