By 2050, global carbon emissions must reach net zero emissions to keep temperatures within a 1.5 degree Celsius rise from pre-industrial levels. Scientists regard this as critical to prevent the worst effects of climate change. With more than 50 billion tonnes of carbon emissions released into the atmosphere annually, we need revolutionary ideas that will enable humanity to drastically reduce the production of greenhouse gas emissions and its removal at scale.
At the same time, our disposable culture has exacerbated resource scarcity, and created a pollution crisis that threatens the natural ecosystems which we need to thrive. We need a circular economy to replace the existing linear model that is hugely wasteful and pollutive. How can we find solutions which are restorative and regenerative in design?
Presented by Temasek Foundation and organised by Eco-Business, The Liveability Challenge is a global initiative that hunts for and accelerates the adoption of innovative solutions to urban challenges of the 21st century in cities in the tropics. Established in 2018, The Liveability Challenge has grown to become Asia’s largest sustainability solutions platform with a global reach and a reputation for helping companies — whose innovations are disrupting industries to create significant positive impact for society and planet — achieve success.
Finalists will compete for the grand prize of up to S$1 million in grant funding for project development by Temasek Foundation, a minimum of S$50,000 investment by Planet Rise, a S$50,000 investment by Amasia and S$50,000 investment by Silverstrand Capital. In partnership with Microsoft, all finalists will also secure a spot on the Microsoft for Sustainability Innovation Programme.
The Liveability Challenge 2021 received over 400 submissions from across 60 countries throughout the past six months of submissions and shortlisting. The six finalists are:
1. Aegis Packaging (Singapore): Recyclable oxygen barrier packaging
2. Econic Technologies Limited (United Kingdom): Use of carbon dioxide to produce sustainable polyurethanes, textiles and surfactants
3. DiviGas (Singapore): Carbon capture and hydrogen recycling at hydrogen plants
4. NEU Battery Materials (Singapore): Recycling lithium batteries through electrochemical separation
5. Seachange (United States of America): Large-scale removal of carbon dioxide through seawater
6. SEPPURE (Singapore): Solvent recovery and reuse using nanofiltration technology
With the final six teams vying for the grand prize of S$1 million in project funding from Temasek Foundation, who will walk away as the Grand Winner of The Liveability Challenge 2021? Tune in to find out!