Singapore joins Renewable Energy and Energy Efficiency Partnership

SINGAPORE, June 21 (Xinhua) -- Singapore has joined the Renewable Energy and Energy Efficiency Partnership (REEEP) to become its 32nd government member, Channel NewsAsia reported Wednesday.

The report quoted Singapore's National Environment Agency as saying that this is a positive and important step for the city state, which is expected to help support the establishment of an energy efficiency market in the region.

Established as an international non-governmental organization ( NGO) in Austria in June 2004, the REEEP structures policy initiatives for clean energy markets and facilitates financing mechanisms for sustainable energy projects.

Currently, the REEEP has more than 160 members including governments, multinational organizations, businesses and NGOs. All Group Eight (G8) countries except Russia have joined the partnership.