Defining interface between IP rights and climate change
Intellectual property rights incentivise creation and dissemination of environmentally sound technologies, without compromising larger objective of combating climate change.
ON April 26, we celebrated World Intellectual Property Day. This year's celebrations were muted in light of the Covid-19 pandemic, but thematically addressed "Intellectual Property and Climate Change". Intellectual property law shapes the extent to which new technologies can be protected, and this in turn will lend credence to the choices that have to be made which ultimately go towards long-term care for the planet.
TREATIES AND INITIATIVES
Singapore has adopted various measures to combat the increasingly ominous spectre of climate change. Swift and decisive action must be taken before Singapore, and the world at large, crosses the Rubicon leading to irreversible ecological impact that affects each and every Singaporean. Since 1996, Singapore has been a signatory to the United Nations Framework Convention on Climate change (UNFCCC).
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access