27 Jun '11, 3am

$400m earmarked for R&D in urban sustainability: THE Government will commit $400 million to support research and...

THE Government will commit $400 million to support research and development efforts in urban sustainability, the Ministry of National Development (MND) announced at the inaugural Urban Sustainability R&D Congress on Monday. Of this sum, $300 million will be set aside for the first National Innovation Challenge, on building 'Energy Resilience for Sustainable Growth'. The aim of this is to develop cost-competitive energy solutions for deployment within 20 years, so that Singapore can improve energy efficiency, reduce carbon emissions and increase energy options, MND said. Another $50 million will be used to top up the MND Research Fund to bring the Ministry's total commitment to $100 million. The funding will support research to cover other aspects of urban sustainability, beyond energy. Finally, the National Research Foundation will set aside $50 million under its Competiti...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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