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Businesses are not alone in climate transition; early movers will get an advantage: Ravi Menon

Lin Daoyi
Lin Daoyi • 8 min read
Businesses are not alone in climate transition; early movers will get an advantage: Ravi Menon
For Menon, climate action is not compliance, but a strategy for business competitiveness. Photo: Singapore Business Federation
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Ravi Menon, Singapore’s Ambassador for Climate Action, says that businesses in Singapore “are not alone” in the climate transition. Speaking at the launch of the Council for a Competitive Climate Transition (C3T) on April 6, Menon says that, to address climate change issues while balancing business competitiveness, the newly formed council seeks to make the business transition more manageable and coordinated.

A new public-private collaboration led by the country’s National Climate Change Secretariat (NCCS) and the Singapore Business Federation (SBF), the C3T was established to enhance Singapore firms’ competitiveness and resilience to climate risks.

Noting that existing climate transition collaborations are mostly sector-based, Menon, who co-chairs C3T along with SBF CEO Kok Ping Soon, says that C3T is trying to “bring those conversations together” while simultaneously co-creating solutions to support implementation.

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