Singapore, India commit to tap green economy: President Halimah Yacob & More News Here

Singapore President Halimah Yacob has informed an Indian enterprise neighborhood that each the international locations have been taking steps to cut back carbon emissions and may collectively work for green financial system to resist the local weather change.

Halimah Yacob

President Halimah (centre) added that Singapore and India can cooperate on upstream initiatives to speed up analysis, improvement, and deployment of sustainable and low-carbon tech options. Photo courtesy: Facebook/Halimah Yacob

The green financial system is one space the place we will collaborate, she informed members of the newly shaped Federation of Singapore Indian Organisations (FSIO), an umbrella physique of 26 Indian organisations below the auspices of the Singapore Indian Chamber of Commerce and Industry (SICCI), including that “both India and Singapore are making concerted efforts to address the climate change crisis in our respective countries and are committed to reducing our carbon outputs”. 

Singapore launched it is Green Plan 2030 in February final yr whereas Indian Prime Minister Narendra Modi pledged to lower the nation’s emissions to web zero by 2070 on the COP26 local weather talks final yr. 

The plan cuts throughout varied sectors of society resembling infrastructural improvement, and analysis and innovation.

FSIO@SICCI goals to be a collective voice of Indian organisations in response to points like pandemic-induced challenges, encourage networking by way of varied neighborhood occasions, and assist companies in areas like digitalisation.

Madam Halimah additionally launched FSIO@SICCI’s brand, which symbolises unity, in addition to world alternatives for the Indian neighborhood and Singapore.

“SICCI-FSIO can advocate business transformation, the adoption of digital applied sciences, and develop consciousness of rising areas of collaboration between Singapore and India,” she mentioned. 

The President highlighted that when the pandemic hit India, the enterprise chamber additionally partnered the Little India Shopkeepers and Heritage Association to elevate greater than SGD1 million (USD 720,00), and mobilised its community to ship important medical provides in response to the humanitarian disaster within the South Asian nation.

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Meanwhile, she mentioned the newly shaped group of Indian organisations, FSIO, will have interaction youths with actions that encourage sharing of recent concepts and experience between individuals from completely different backgrounds. 

The FSIO is an umbrella physique of 26 Indian organisations below the auspices of SICCI and was shaped in October 2021.

Halimah added that Singapore and India can cooperate on upstream initiatives to speed up analysis, improvement, and deployment of sustainable and low-carbon tech options.

”Another space the place personal sector-led initiatives can create win-win options for each our firms and folks is within the digital financial system, the place India and Singapore can accomplice to construct digitally inclusive communities,” mentioned Halimah. 

FSIO member organisations have additionally supported companies of their digitalisation efforts and helped them navigate varied challenges throughout the pandemic, mentioned Madam Halimah.

She harassed that commerce associations and chambers just like the SICCI have been necessary advocates for companies and business transformation, and their position is very essential within the present enterprise local weather.

Read extra Singapore News and India News right here

Singapore, India commit to tap green financial system: President Halimah Yacob & More Latest News Update

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