Last week’s visit to Singapore was timely, as it coincides with a number of Net Zero events including Ecosperity Week and AtoZero Asia. Set at the Marina Bay Sands convention centre, there was certainly a lot of energy and anticipation against this backdrop of innovation and creativity.
At the AtoZero event, the lack of volume in terms of companies participating in the line-up of exhibitions was definitely made up by the technical conferences. Short bursts of insights covering carbon markets, carbon capture, aviation/shipping alternative fuels and nuclear even from key representatives from notable organisations (Rimba Makmur, Marquis, Energy Constructs, RMI, International Atomic Energy Agency)
Credit: AtoZero / Constellar and respective speakers
There was a big emphasis around sustainable feedstocks. We usually get hyped over the solution in terms of what it can produce, but forget that the ‘green’ output should not in return cause other mess such as resource competition and compound logistical needs.
The future green energy mix will need to secure a good balance of feedstock management (efficiency, transportation, supply chain optimisation).
Demand for cleaner alternatives is only going to increase, but it is less clear how the production/supply chain can meet the demand in a fair and competitive way. Regulations play a key role (as always) and carbon pricing is considered a viable tool.
There is a lot to be said and done to keep the scale balanced so that we still maintain biodiversity for all purposes. We still require land and produce to meet humanity’s basic needs.
Credit: AtoZero / Constellar and respective speakers
As we tackle resource challenges, why not look at circularity. Circularity needs to be a big part of the systemic change. A study by Ellen MacArthur Foundations showcases the potential of reduction ~ 40% from implementing circular strategies (study is focused on four key industrial materials).
In a separate report, it is claimed that a reduction of 75% of embodied emissions in the build environment can be achieved with closed-loop value chains. Even in the face of growing population and urbanisation! Hence, allow me to repeat what I noted in a previous article (and quoting Xlye Bastida) – let us copy what Mother Earth has been doing since the beginning of time.
At NovAzure, our team is working with clients on embedding circularity and strategic value chain. We would love to hear your thoughts and questions.
Contact me at wh.oh@novazure.com or any of our team to start a conversation.
