Transforming Singapore into a sustainability hub
More targeted measures are needed to bring the private sector as well as consumers fully on board.
SUSTAINABILITY needs are requiring change in business models and market behaviours worldwide. Issues surrounding climate change, pollution and resource scarcity, as well as social and political resistance to sustainability initiatives such as carbon taxes, remain key concerns for all governments and enterprises.
These issues will be exacerbated, and surface even more for Singapore in the near future, with upcoming coastal developments such as the Greater Southern Waterfront.
Singapore has already made significant commitments to sustainability with its recently-announced package of measures to tackle the impact of climate change. And the Republic certainly has what it takes to achieve more, even to lead the region in elevating sustainability on business and social agendas as it looks to become the Transformation Capital of Asia in this opportune period of change. Its many strengths include its strong civic will on this issue, a conducive environment open to adaptation and an excellent track record of stewardship of nature.
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