Singapore Launches New Public-Private Partnership to Strengthen Business Competitiveness in the Climate Transition
The establishment of C3T was announced by Ms Grace Fu, Minister for Sustainability and the Environment and Minister-in-charge of Trade Relations, at SBF’s Post-COP30 Dialogue. To galvanise collective effort on climate adaptation, MSE has designated 2026 as the Year of Climate Adaptation (YoCA). In support of YoCA, the Council will look into helping businesses to better understand and prepare for climate‑related risks, while identifying opportunities arising from the transition to a low-carbon future.
Mr Ravi Menon, Singapore’s Ambassador for Climate Action and Senior Adviser at NCCS, said: “Strengthening climate resilience and capturing green growth opportunities will require coordinated and sustained action across the ecosystem. The C3T will mobilise collective expertise and resources across government, industry and other stakeholders to help Singapore’s businesses thrive in a carbon‑constrained and climate‑impacted future.”
Mr Kok Ping Soon, CEO of SBF, said: “In a climate‑impaired future, adaptation will be a baseline requirement for competitiveness – because disruptions from heat and extreme weather will increasingly affect operations, supply reliability, and investment decisions. C3T will focus on practical, scalable solutions – starting with stronger climate information infrastructure – so businesses can better quantify and manage how climate risks impact their businesses.”
