UN Global Compact Network Singapore signs MOU with Global Green Connect at GGEF annual event

Singapore, 3rd November 2017 – The 5th annual GGEF (Global Green Economic Forum) kicked-off today with opening remarks from the Minister for the Environment and Water Resources, Masagos Zulkifi bin Masagos Mohamed. Held under the title ‘Belt and Road Initiative – The New Asian Model of Sustainability,’ the conference brought together decision-makers, business leaders and figureheads in the field of the environment to discuss the future of sustainability globally and in Asia.

During the Forum, the United Nations (UN) Global Compact Network Singapore (GCNS) signed an MOU with Global Green Connect (GGC) in the presence of the Minister. The purpose of the MOU is to connect SMEs in the innovative sustainable solutions sector with business partners and financiers. To this end, GCNS will pro-actively promote GGC to its members, and the two entities will collaborate on events and trade-fairs.

Wilson Ang, Executive Director, GCNS, said,”We are pleased to partner with GGC to help Singapore businesses, especially SMEs, to internationalize by connecting them with like-minded businesses and investors through corporate sustainability.”

Founder and CEO of GGEF and GGC, Christina Lee: “We are delighted with the response by government entities and the business community to today’s conference. Minister Masagos Zulkifi bin Masagos Mohamed underlined the foresight and vision that the Singapore government is taking in this field and it is encouraging to see so many stakeholders participate.”

The conference saw participation in the first plenary on sustainability investment from Juliette Saly, Anchor and Reporter for Bloomberg Radio and Television; Helen He, China Climate Finance Lead, International Finance Corporation, World Bank Group; Tan Chee Wee, Vice President, ESG – Risk Management, OCBC Bank; Yeo Lian Sim, Special Adviser, Singapore Exchange; Vice Chair, The FSB Task Force On Climate-related Financial Disclosures (TCFD).

As part of agenda, the conference also deep-dived into the need to move from smart cities to smart nations. Moderating this session was Rahul Kapoor, Asia Pacific Analyst, Bloomberg Intelligence; Esther An, Chief Sustainability Officer, City Developments Limited, Jake Layes, Director, Sustainability Market Development, AMER, APAC & Europe, Autodesk; Poyan Rajamand, CEO, Barghest Building Performance (BBP).

“The Belt and Road Initiative is underlining the leading position that China has taken on matters to do with sustainability. The part that Singapore can play in this is truly significant – not only facilitating but as a driver of innovation and change. The diverse community of stakeholders who attended underline this.”

As part of the aim to ensure that practical action came from the conference, the closing session ‘Pitch4Green’ gave SMEs in cleantech and sustainable technology industry (with a minimum of 3 years operation experience) the opportunity to present their fundraising project to investors.

 

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For media enquiries, please contact:

Catherine Hung | Global Green Connect | (65) 6222 1998 | catherine.hung@ggef.com

Diana Chng | GCNS | (65) 63869330 | diana.chng@unglobalcompact.sg

 

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