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Time is ripe for innovation as Covid-19 turns spotlight on sustainability: Business leaders

SINGAPORE - The Covid-19 pandemic saw an extraordinary shift in our lifestyles and travel patterns, as people opted to have food delivered - using huge amounts of plastic in the process - and moved towards using private transport over public. Environmental consequences arising from this shift have brought the issue of sustainability to the fore, and innovators could play a crucial role in providing solutions that will help move the world towards a greener future. This was a point made by panellists at the launch of The Liveability Challenge 2021 on Friday (Jan 15). Ms Jessica Cheam, who moderated the panel discussion, told The Straits Times: I think Covid-19 has shown that we need to think long term about building resilience and sustainability in our communities. This crisis is a wake-up call and dress rehearsal for the much bigger climate crisis.

A Vibrant Cleantech Startup Ecosystem Takes Root in India

It’s easy to see what’s motivating India’s emerging ecosystem of sustainable technology startups with a glance out the window from the office of Sangam Ventures in Gurugram, just outside of Delhi. Several floors below the firm’s balcony, power lines crisscross over piles of garbage, a fleet of rickshaws, and cow patties on a rooftop that are being dried for use as cooking fuel. Above it all lies a blanket of yellowish smog.  “What we are trying to do as a fund is define what climate change entrepreneurship needs to look like,” Karthik Chandrasekar, the founder of early-stage cleantech venture capital firm Sangam, said in an interview at his office early last year.

How COVID brought down Big Oil

Biden set to supercharge clean energy push with $40B stash

Biden set to supercharge clean energy push with $40B stash POLITICO 1/1/2021 By Zack Colman © AP Photo/Andrew Harnik President-elect Joe Biden speaks at The Queen theater, Tuesday, Dec. 29, 2020, in Wilmington, Del. Twelve years ago, the Department of Energy was so central to the incoming Obama administration’s stimulus plans that DOE staffers were among the first through the doors at the transition headquarters, helping the Secret Service take the plastic wrap off tables and chairs so they could get to work. Popular Searches Now, DOE is poised to again play an essential role as the Biden administration looks to leverage clean energy investments towards its twin goals of pulling the economy out of a deep slump and delivering on the president-elect’s ambitious climate pledges.

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