The Climate Action Plan which we launched in 2016 comprehensively outlines our mitigation and adaptation plans. As our geography limits the potential for alternative energy sources, our key strategy remains to improve energy efficiency in all sectors of our economy. From 2000 to 2014, Singapore's economy grew at a compounded annual growth rate (CAGR) of 5.5% while our emissions grew at a slower CAGR of 2.0%. We are well on track to achieve our 2009 Copenhagen pledge to reduce emissions by 16% below our business-as-usual (BAU) level in 2020. We will build on these efforts as we work under the Paris Agreement to further reduce our emissions intensity by 36% from 2005 levels by 2030, and to stabilise our emissions with the aim of peaking around 2030.