Gearing up for the global nature economy
To remain a vibrant financial hub, Singapore needs to be ready as the world shifts towards new frameworks, markets and mechanisms to value nature and incentivise its repair.
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FOR a nation known throughout the world as a city-state, Singapore has a deep connection with nature.
Despite its relatively small geographical footprint, the “garden city” is home to up to 28,000 species of land organisms and as many as 17,000 marine species. Its extensive mangroves and seagrass beds are ecosystems increasingly regarded as critical for the future health of our planet.
These natural riches provide a strong opportunity for Singapore to be at the forefront of the accelerating global shift towards “nature-positive” economies that restore and preserve our planet’s biodiversity – a crucial transition if our communities and economies are to continue to thrive.
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