In the race to net zero, which sustainability solutions are most needed?

While 2020 was defined by the global pandemic crisis, the year also saw the doubling of global net zero commitments by governments and corporations as they prioritised climate action in their recovery from the impacts of Covid-19.
In addition, Covid-19 took the wind out of oil as global demand for oil reached an 18-year low and stock prices plunged, marking a turning point for climate change. But as economies recover, the need for sustainable innovations to create a decarbonised and resource-efficient society is greater than ever. 
With companies and countries aiming for a net zero timeframe of either 2030 or 2050, this presents an opportunity for new innovations and solutions to meet the complexities of such commitments, said Marie Cheong, vice-president of the venture capital firm ENGIE Factory Asia-Pacific, at the virtual launch of The Liveability Challenge on Friday (15 January).
Back for the fourth year, The Liveability Challenge—a global search for sustainable solutions for Asia’s cities—is presented by Temasek Foundation, the philanthropic arm of Singapore’s state investor Temasek, and organised by sustainability media outlet Eco-Business.
Taking it a step further, companies like Google and US-based fintech company Stripe have committed to run their entire business on carbon-free energy “expressly for the purpose of spurring innovation in the space,” Cheong added.
As sustainability enters the mainstream, more capital and opportunities will…. Read more:
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