According to the Organisation for Economic Co-operation and Development (OECD)’s study, 47 per cent of the world's population will be living in areas of high water stress by 2030. The problem of water scarcity affects urban areas more severely, with 14 of the world's 20 megacities experiencing water insufficiency or conditions of drought.
Given the advancement and developments of technology, how can we mitigate these negative trends by harnessing deep tech? What are the practical implementations of innovative solutions from the perspective of the city's management as well as end-users? And does sustainability always mean higher cost?
We bring together cross-border and cross-sectoral collaboration projects between Singaporean and Polish water-tech companies that are harnessing the newest technologies to reach sustainability goals. In this panel discussion, we will highlight game-changing solutions in the fields of wastewater treatment, waste-to-energy plants, and utility management.
High tech farms have become the standard as farmers adopt techniques and technologies to improve farming outcomes. Yet, issues like high energy consumption for vertical farms and nutrients and effluent buildup in aquaculture translate to environmental concerns. To tackle these challenges, agencies, research institute, startups, industry corporates, and VCs have come together to build a vibrant inter-connected innovation ecosystem for sustainable farming.
In a 2021 Global 100 Index of the world's most sustainable corporations released by Canada-based media and research firm Corporate Knights, the Global 100 list continues to be made up mostly of Western companies - with almost half (41) from Europe and 33 from the United States and Canada.
Humanity has been operating out of balance with natural resources for far too long, placing economic growth ahead of environmental and social costs. Individuals, corporates and governments are starting to recognise that we need to act responsibly to support positive change. The UN’s 17 Sustainable Development Goals (SDGs) have given us a measurement framework to pivot towards a more balanced future, respectful of Environment, Society and Governance (ESG).
As countries develop their strategies in line with their commitments to the Paris Agreement, the financial world is moving more and more towards sustainable finance. Sustainable finance generally refers to the process of integrating ESG considerations when making investment decisions. In Singapore, the Monetary Authority of Singapore (MAS) is taking active steps to promote sustainable financing and recently announced the placement of US$2 billion of its funds with asset managers who are committed to deepening green finance activities out of Singapore. In Switzerland, Geneva is a global hub for innovative sustainability-focused organisations, e.g. Sustainable Finance Geneva, which aims to accelerate the growth of sustainable finance by engaging in dialogue with the world's leading financial centres.
Carbon credits and carbon markets have an important role to play in the battle against climate change. They enable companies to support decarbonization beyond their own carbon footprint and help finance projects for the removal of carbon dioxide from the atmosphere, which will be needed to neutralize residual emissions that will persist even under the most optimistic scenarios for decarbonization. Voluntary carbon markets are extremely dynamic in their evolution. However, these markets have numerous challenges to overcome, largely revolving around transparency and credibility.
How can carbon markets help in the transition towards a low-carbon economy? What are the main hurdles to the broader adoption of carbon markets around the globe? Join us with our speakers to understand how AI technologies and innovation can help improve transparency and build trust in global carbon markets for inclusive and diverse participation, particularly taking advantage of the power of capital markets to drive ESG for the planet.
Singapore is well-known as a clean and green city with the government and corporates striving for environmental sustainability as a national agenda while growing the economy. As Singapore is transitioning from linear to a circular waste management philosophy, the country will need to find effective solutions for its challenges related to waste management. By addressing domestic challenges and in importing Environmental and Water Technologies (EWT) including Clean Energy, Singapore is positioning as the knowledge hub in Southeast Asia, and the ideal launch pad for Nordic solutions to address the huge waste and water management challenges in this part of the world.
Topics: CleanTech / Green Tech
International shipping accounts for 2-3 per cent of global GHG emissions – a number that will only increase in line with expected growth in global trade if no actions are taken. Shipping is a hard-to-abate sector, and the solution involves the entire maritime value chain from fuel production via ports to the ships. Therefore, it requires international collaboration amongst states, companies and non-state actors and across the value chain to reach the global climate goals set in the Paris Agreement and the International Maritime Organisation’s initial GHG strategy. The overall challenge is to make different parts of the value chain across sectors commit, co-operate, and deliver at the same time to prove that emission-free shipping has the potential to be a practicable and viable choice. Therefore, it is crucial to ensure the right framework for innovation across the entire value chain to support the development of new energy systems and technologies for decarbonising shipping. Furthermore, international collaboration across the maritime value chain is key to ensure the development of zero-emission shipping, and zero-emission shipping is a must-win battle in our collective efforts to overcome climate change.
Citizens, the government and industry are on a daily basis assisted by artificial intelligence. With the accelerated adoption and continuous development, we need to be aware of the risks and protect but not block development. But what does it entail and how do we ensure ethics and responsibility are incorporated in algorithms? How can companies make that assessment in the development but also deployment of AI tools?
In the session AI and Ethics: The Key to a Successful Human-AI Relation, thought leaders and industry experts from Singapore and the Netherlands will share their vision in this domain. While small in size, Singapore and the Netherlands have created a lot of positive impact in the global AI domain. We will touch upon the role of ethics in AI development and deployment, how to assess whether AI tools are hitting the mark and what the most common pitfalls are.
The Singapore Green Plan 2030 is a whole-of-nation sustainable development agenda chartered to help Singapore achieve sustainable development goals for a better and greener future. However, it is crucial to recognise that turning to renewable energy sources is not the only way to achieve zero carbon net emissions. Instead, innovation will have to pave the way to incorporate all green technologies encompassing the fuel's production, storage, and usage to ensure a sustainable future.
As Singapore work towards a future where energy is produced and consumed efficiently, the potential that lies in Deep Tech innovations in achieving such sustainable goals cannot be disregarded. From the identification of energy utilisation efficiencies with AI to the implementation of district cooling networks, these innovations pave the way for achieving the goals set out in the Green Plan. Eventually, all green technologies will be part of a smart energy management system that optimises the microgrid's different assets to lower maintenance costs and ensure a reliable electricity supply.
Join our speakers in an exciting discussion where they will share more on innovations in the future's energy systems and how can various stakeholders come together in striving towards a sustainable future.
Topics: CleanTech / Green Tech
Most of the focus of sustainable manufacturing is on reducing the use of disposables and single-use-plastics. However, what if sustainability starts at the production and not the consumption stage? Another form of waste that tends to be overlooked is during the production of materials. A report by Forbes stated that the apparel and textile industry produces 10% of global carbon emissions and is the second-largest polluter in the world after oil. In particular, the leather industry has been categorised as one of the highest polluting industries due to its high waste production in the forms of solid waste from leather production processes and sludge from tannery wastewater treatment.
As Singapore plans to halve its peak greenhouse gas emissions by 2050, turning to hydrogen fuels is one option to achieve such a feat. While the nation has turned to solar power to reduce its carbon footprint, plans are underway in researching for effective use of hydrogen as an energy source.
The International Energy Agency’s Future of Hydrogen report finds that clean hydrogen is currently enjoying unprecedented political and business momentum, with the number of policies and projects around the world expanding rapidly, particularly in transport, buildings and power generation. In Singapore, the government has set aside S$49 million to fund low-carbon energy research and test-bedding efforts in hydrogen and carbon capture utilisation and storage. At the Singapore International Energy Week 2020, Singapore’s Minister for Trade & Industry Chan Chun Sing remarked that “hydrogen has tremendous potential as yet another clean form of energy, if not, cleaner form of energy.”
This session is intended to help us better understand the various applications using hydrogen as an alternative fuel source, with insights from industry pioneers as they discuss the importance of hydrogen in meeting Singapore’s and the world’s energy needs in the near future.
Date: 31 Mar 2021
Time: 10:00am – 11:00am
Topics: CleanTech / Green Tech
For a climate-resilient future, all of society, including the government, research communities and companies need to commit their part in ensuring a better future for their children of tomorrow. Encouraging innovation, multilateral relationships and working closely with various industries on science and emerging decarbonisation technologies are crucial in paving the path to a greener world.
Topics: CleanTech / Green Tech