To establish itself as a carbon services and trading hub, Singapore sees a boost in green economy jobs to help businesses decarbonise and realise their net-zero strategies.
Companies looking to hire foreigners for certain roles in this sector will find it easier to do so with a new points-based Employment Pass framework that will be launched on September 1. Four roles – namely carbon verification and audit specialist, carbon trader, carbon programme manager and carbon standards and methodology analyst – will draw extra points on top of criteria such as educational qualification and salary. These jobs are among 27 occupations given bonus points where Singapore has a talent shortage, and range from sectors as diverse as alternative proteins to technology and healthcare. For example, a carbon trader can assist firms to make up for their carbon emissions with carbon credits, while a carbon verification and audit specialist can measure how well a firm is performing as per reducing its carbon emissions.
Under the Singapore Green Plan, the Republic aims at building an ecosystem of carbon services. Industry experts estimate that more than 50,000 related new jobs will be created in Singapore by 2030.