Singapore launches C3T council to align businesses on climate resilience, low-carbon transition

Singapore launches the Competitive Climate Transition (C3T) to help businesses build climate resilience. (Photo: iStock)

Singapore has established a new public-private platform to help businesses navigate climate-related risks and the low-carbon transition, framing climate preparedness as a business competitiveness issue rather than a compliance obligation.

The National Climate Change Secretariat (NCCS) and the Singapore Business Federation (SBF) jointly launched the Council for a Competitive Climate Transition (C3T) on Monday. The council will be co-chaired by Ravi Menon, Ambassador for Climate Action and Senior Adviser at NCCS, and Kok Ping Soon, Chief Executive Officer of SBF.

“Transition planning is planning for business resilience in a climate-impaired world. Early movers will capture a disproportionate advantage,” Menon said.

What are the three key focus areas of the CTA?

C3T is designed to bring together government, industry, and other stakeholders across two core priorities: emissions reduction and the management of physical climate risks, including heat and extreme weather impacts on operations, assets, workforce, and supply chains.

Unlock the full article to explore three key takeaways:

1. Singapore has launched the Council for a Competitive Climate Transition (C3T), a public-private council to help businesses build climate resilience and navigate the low-carbon transition.
2. The council will co-develop practical solutions around climate disclosure, green procurement, and sustainable financing, aligned with Singapore’s National Adaptation Plan and 2026 Year of Climate Adaptation designation.
3. Singapore is framing early climate preparation as a source of competitive advantage, with policymakers drawing explicit links between renewable energy investment, energy security, and long-term business resilience.