The country will also pump SGD 10 million ($7 million) into a programme studying sea level rise within five years to develop more robust sea level rise projections.
These efforts aim to prevent the risk that the island nation could be submerged by sea water.
Since 2011, Singapore has spent around SGD 1.8 billion ($1.3 billion) on upgrading the drainage system.
To respond to climate change, Singapore has launched a tree-planting programme, built plans to protect water supplies from sudden shocks, and decided to build new projects such as Changi Airport Terminal 5 at higher platform levels.
According to Singaporean Deputy PM Heng Swee Keat, the government cannot do action alone, but needs to work with enterprises, individuals and organisations to seek creative and effective measures in order to cope with climate change.