Singapore’s haze casts a sustainability shadow

Euromoney Limited, Registered in England & Wales, Company number 15236090

4 Bouverie Street, London, EC4Y 8AX

Copyright © Euromoney Limited 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Singapore’s haze casts a sustainability shadow

The race is on: not Formula 1 but environmental challenges.

Formula-1-racing-pitstop-go-780.jpg

Singapore’s Formula 1 race in September brought with it the customary onslaught of related conferences.

These included the state-backed Singapore Summit, the Milken, BNP Paribas’s Sustainable Future Forum conference and Euromoney’s very own Asia private banking seminar.

The race, in the end, is something of a relief from the panels and keynotes.

The BNP event seemed particularly well-timed. There’s not much common ground between sustainability and motor racing, but it did coincide with the worst haze for years in Singapore as Sumatran forest fires combined with unlucky wind direction to place the city under dense smog.

Plastics

It felt a suitable time to be discussing Asia’s legion environmental challenges, which have been brought into stark relief by China’s decision last year to stop importing used plastics, with a consequent displacement of waste to Malaysia, Thailand and Vietnam.

Five Asian countries dump more plastic into the oceans than the rest of the world combined – and they are all in Asia.

The Sumatran fires, and the dull haze over Singapore, added a note of urgency to it all.


Gift this article