Singapore has introduced a carbon tax to help meet its climate targets of reducing emissions intensity by 36% below 2005 levels by 2030 and stabilizing emissions around 2030. The tax will start at S$5/tCO2e in 2019, increasing potentially to S$10/tCO2e and S$15/tCO2e by 2030, applying to facilities emitting over 25 ktCO2e annually. Revenue will be recycled to support emissions abatement projects. As a densely populated country with few renewable options and an export-focused economy, Singapore faces challenges in reducing emissions and established carbon pricing over a decade of discussions with stakeholders.