Companies seek to boost innovation in support of Singapore's green plans

Temasek, CapitaLand at forefront of drive; corporates also make eco-friendly pledges

Floating solar panel arrays on Tengeh Reservoir, ready to be towed to their designated positions. The photovoltaic system being built on the reservoir will be able to generate sufficient clean energy to power national water agency PUB's local water t
Floating solar panel arrays on Tengeh Reservoir, ready to be towed to their designated positions. The photovoltaic system being built on the reservoir will be able to generate sufficient clean energy to power national water agency PUB's local water treatment plants.PHOTO: SEMBCORP INDUSTRIES
Engie Asia-Pacific president and chief executive Paul Maguire says Singapore's regulatory strengths and business-friendly environment contribute to the Republic's suitability for solutions to be developed here.
Engie Asia-Pacific president and chief executive Paul Maguire says Singapore's regulatory strengths and business-friendly environment contribute to the Republic's suitability for solutions to be developed here.ST PHOTO: TIMOTHY DAVID

Industry players are tackling Singapore's ambition to reduce carbon emissions in a range of ways, from calling on innovators to conjure up sustainability solutions to setting up incubation labs to help develop start-ups with an eco-friendly bent.

Investment company Temasek and developer CapitaLand are at the forefront of the campaign as they search for think-outside-the-box ideas to drive the creation of a greener built environment.

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A version of this article appeared in the print edition of The Straits Times on February 23, 2021, with the headline 'Companies seek to boost innovation in support of Singapore's green plans'. Subscribe