We have set up a new Coastal and Flood Protection Fund, with an initial injection of S$5 billion, to start setting aside the resources for this. We will implement our plans in phases, and be prepared to adjust and adapt them as necessary to take into account the latest sea level rise projections and engineering solutions. Beyond 2030, our LEDS aspires to halve emissions from its peak to 33 MtCO2 e by 2050, with a view to achieving net-zero emissions as soon as viable in the second half of the century. Our enhanced 2030 NDC and LEDS build on policies and initiatives we have progressively implemented over the years. They demonstrate our seriousness and commitment to support global climate action and to work towards a low-carbon future.