In addition to a robust economy, Singapore’s sustainable environment is another leading factor that has attracted numerous investors. Most cities in the world have failed to address environmental issues brought about by urbanization. Towns or urban areas cover over 2% of the Earth’s surface; they are responsible for about 80% of the greenhouse gases emitted while using up almost 75% of nature’s resources.
However, a host of countries in Southeast Asia are leading the way to change this contrary notion about cities and urban regions. Research conducted by several world-leading environmental bodies and institutions determined that Singapore is indeed one of the most environmentally sustainable nations.
Singapore’s first prime minister kickstarted the dream of making Singapore a green city. His main agenda was to make Singapore stand out from the rest of the Asian countries and also attract investors from all over the world. The first step undertaken to achieve this dream was the eradication of the houseboats and overcrowded slums along the banks of Singapore River.
Singapore is offering entrepreneurs moving to the country a platform to incorporate their businesses in Singapore. This allows them to run their firms within the stipulated terms while also receive the government’s backing.
On the world’s Environmental Performance Ranking, Yale University and the U.N place Singapore at seventeenth globally and first position in Asia. Contrary to popular belief, Singapore’s efforts and strict green technology guidelines, which were set and backed up by the government, helped in making it an eco-friendly city.
So how exactly does Singapore afford to provide suitable surroundings perfect for its citizens and also attract investors and entrepreneurs from overseas?
As discussed before, adoption of green technology is one of the leading things that has made Singapore an eco-friendly city. Singapore has been able to morph into a modernized city-state without having a negative impact on nature.
The Singapore government’s Cleantech division, which is a subsidiary of the board tasked with economic growth, has offered continued support to companies in the clean technology business. This has led to the business sector growing tremendously in areas such as renewable energy, water conservation, green buildings, green cleaning products etc.
Growing ICT Center
Companies such as Hewlett Packard (HP) and International Business Machines Corporation have partnered with the Ministry of Environment and Water Resources. The main idea behind these partnerships is to ensure that Singapore’s ICT industry thrives. HP, for example, has been tasked with designing and manufacturing energy efficient systems that will cut power costs while still providing a working platform for businesses.
There is no shortage of green spaces in Singapore
Low Energy Costs and Environmental Remedies
Accommodating over 7000 companies from different nations across the globe is no mean feat. As such, Singapore’s government and other agencies know that a green environment is not the only requirement to attract more investors.
Through an alliance known as the Singapore Sustainability Alliance, an umbrella consisting of government groups, non-governmental organizations, and teaching institutions, Singapore has been able to come up with policies that create a sustainable environment. Other than this, the alliance has overseen the adoption of systems that include proper water use, renewable energy, energy efficiency, waste management, etc. which have significantly improved business growth.
The 5th edition of the Global Green Economy Index (GGEI) is a data-driven analysis of how 80 countries perform in the global green economy, as well as how expert practitioners rank this performance. Since its launch in 2010, the GGEI has signaled which countries are making progress towards greener economies, and which ones are not. The comparison of national green performance and perceptions of it revealed through the GGEI framework is more important than ever today.
Sweden is again the top performing country in the 2016 GGEI, followed by the other “Nordics” and Switzerland, Germany, and Austria. Amidst these strong results, the GGEI identified areas where these countries can improve their green performance further. These opportunities – focused around innovation, green branding and carbon efficiency – could propel their national green performance forward even more in the future.
Developing countries in Africa and Latin America–including Ethiopia, Zambia, Brazil, and Costa Rica– also perform well in this new GGEI edition, ranking in the top fifteen for performance. While Brazil and Costa Rica receive similarly strong results on our perception survey, Ethiopia and Zambia do not, suggesting a need for better green branding and communications in these two African countries.
Like in 2014, Copenhagen is the top green city, followed by Stockholm, Vancouver, Oslo and Singapore. This new GGEI only collected perception values for green cities as lack of data availability continues to impede our efforts to develop a comprehensive green city performance index. Given the significant role of cities in the global green economy, city-level data development is an urgent priority.
No country in Asia ranks well for performance on this new GGEI, with the exception of Cambodia, which was the most improved country as compared to the last edition, rising 22 spots to 20th overall. China, India, Indonesia, Japan and South Korea do better on the perception side of the GGEI, but continue to register concerning performance results.
While many European Union (EU) members perform near the top of this GGEI edition, others including the Czech Republic, Estonia, Poland, Romania and Slovakia rank near the bottom. These results are worrisome and suggest uneven national green performance across the EU.
Many of the countries with high annual GDP growth today rank poorly on the GGEI, further highlighting the limits to GDP as a growth indicator. These countries are mostly in Asia (Malaysia, Thailand, Philippines) and Africa (Nigeria, Tanzania).
The top green economy performers worldwide
Countries with a high reliance on fossil fuel extraction and export generally perform poorly on the GGEI, with a few exceptions. Kuwait, Qatar, Saudi Arabia and Russia all perform poorly while Norway and Canada do much better.
Rapidly growing economies, China and India continue to show performance weakness on the GGEI Markets & Investment dimension. Given the large investment required to achieve their climate targets, green investment promotion, cleantech innovation, and corporate sustainability should be developed further.
The United States ranks near the top of the GGEI perception survey and it is widely viewed as a vital market for green investment and innovation, yet overall the U.S. continues to have mediocre performance results, ranking 30th of the 80 countries covered. However, the GGEI found that U.S. company-level initiatives to green supply chains and reduce carbon footprints are accelerating.
Despite having a new prime minister, Australia continues to register a poor result on this new GGEI, ranking 55th of the 80 countries covered for performance. While green markets there are showing some strength, the overall carbon intensity of the Australian economy remains extremely high.
Hosting the annual Conference of Parties (COP) can positively impact the host country’s green brand. Yet this short-term image boost does not always translate to improved green performance in the longer-term, as demonstrated by the low GGEI performance results for Poland (COP19), Qatar (COP18) and South Africa (COP17).
The United Kingdom’s GGEI performance continues to lag behind its EU peers, ranking 25th of the 80 countries covered. While the UK does very well on both the perception and performance side of the Markets & Investment dimension, inconsistent policies supporting renewable energy and green growth continue to hurt the UK on other parts of the GGEI.
As we go about our daily lives, it’s always a good idea to think about how we can contribute to the community we belong to in tangible and appreciable ways. Improving our communities from the inside not only allows us to make things easier and more convenient for ourselves, but also for the people we meet and rely upon in our day-to-day. Besides this, it also helps us think of other people’s needs rather than just our own—an essential need if we’re to live happy and productive lives. One of the best ways of improving our communities is, of course, going green: the act of adopting an environmentally-friendly lifestyle. This means taking active steps to minimize our carbon footprint and reducing waste.
It doesn’t have to start out big—we can start with the smaller things, and work our way up from there. Instead of buying new printer ink cartridges, for example, we can try using compatible ink cartridges instead. These are ink cartridges that are made the same way as new printer ink cartridges, but cost way less to make than branded ones. Instead of throwing away our old or obsolete electronics and electrical goods, we can look into getting them repaired. Another example of that is to refurbish old drones instead of buying new.
By taking up these eco-friendly practices, our communities will become cleaner, more energy-efficient, and much healthier places to live in, alongside other very practical and tangible benefits that everyone will appreciate.
Not convinced? Well, hopefully listing out those benefits in full below will convince you. Read on as we go through all the biggest reasons why going green is the best thing you can do for your community.
A healthier community
Enacting green and eco-friendly practices in your community will have the immediate effect of making it healthier for the individuals who live in it, enabling them to live longer, happier, and more productive lives. This can be considered as the most important benefit, seeing as we can tie so many health conditions and diseases to having an environmentally-negligent lifestyle. By going green, you can avoid these potential risks from taking hold in your community.
For example, recycling and minimizing trash or garbage helps makes your immediate surroundings cleaner and more attractive to look at. This causes disease-carrying pests such as insects and rodents to be driven away from your community, which then results in less people catching those diseases.
Another example is having the vehicles in your community switch to more eco-friendly fuel types will result in cleaner and healthier air, as well as reduce the chances of children and the elderly from getting respiratory diseases. Many companies like popgear use recycled material in their clothing. These and a whole lot more are attainable by going green.
One of the main tenets of going green is to be conservative when it comes to the usage of utilities, such as electricity, gas, water, and so on. It goes without saying that using too much of these obviously strains the environment.
For example, the excessive and unnecessary use of electricity when it’s clearly not needed increases the power demand from power plants, which in turn increases the amount of fuel being used to supply that energy. This uses up our remaining fossil fuels at an alarming rate, while also depositing more pollutants into the atmosphere and environment. The same goes for gas and other utilities.
By being smarter and more conscious about using these precious resources in our homes, we can reduce the impact we have on the environment by quite a large degree. It will help ease the strain our environment is currently experiencing in providing us these resources and ensure that they don’t run out as quickly as they would have if we continued being unnecessarily wasteful with our usage.
Besides this, conserving energy and resources also helps us save on our utility bills. Obviously, the less power, water, and gas we use in our day-to-day, the less we’ll be charged when our monthly bills come in. Up to 20% of expanses per household, according to the US Environmental Protection Agency, are saved, especially if we adopt changes such as using solar panels rather than relying on our electrical grid. This is a huge chunk of money no matter how you slice it!
Durable and stronger homes and and structures
Let’s not mince words about it: eco-friendly and environmentally-conscious “green” products are more expensive than the brands that have an easier time fitting into our budget. However, we must consider that the former is also much more durable than the latter, which will inevitably result in a lot of savings in the long run.
This can be seen the most in building construction materials, especially those involved in the building and repair of homes. For example, recycled decking, which is made from recycled plastic and wooden fibers, have been tested to last five times longer than traditional decking.
Bamboo, a self-sustaining perennial grass that can grow up to three feet in 24 hours, is lighter than most building materials and yet has greater compressive strength than brick and concrete. The best part about it is that it grows faster than it can be harvested, meaning that there’s no danger of running out of it anytime soon, no matter how extensively it’s used.
By creating your community’s homes and structures using these eco-friendly materials, you can help save the environment while also ensuring that the homes and shelters will last for as long as they’re needed.
A self-sufficient community
It’s a fact of life that we have to rely on big companies to get us the modern conveniences and essentials we need to get through the day. However, by going green, we can help reduce our reliance on them and become more independent in our lives.
For example, taking the initiative to install solar panels in every home in your community will allow it to become less dependent on the power that companies provide you with electricity. With enough time, your community will be generating enough excess power that the same company will be paying you for that excess. There’s also the fact that if something goes wrong with the power plant, your community won’t be subjected to the same annoying and disruptive blackout that other surrounding neighborhoods will be, as you’ll have enough solar power to last you the entire time.
Let’s say you’re not quite at that level yet, in terms of going green. How about supporting your local markets rather than your nearby supermarket? By doing so, you ensure that the food-growing sector of your community continues to earn a living while also retaining the ability to keep growing natural and organic produce. Doing so also cuts down on harmful emissions, as you won’t have to travel by car just to get the fresh food you need. Your community retains its independence while helping the environment.
There are many ways to improve one’s community from the inside, with one of the major and more effective ones being able to adopt eco-friendly and environmentally-conscious practices. By doing so, not only does the community benefit hugely in the end in terms of health, sustainability, and independence from big companies, but the environment as well.