Singapore celebrates World IP Day 2024
Singapore marked World IP Day on April 26, 2024, with Minister for Home Affairs and Minister for Law K Shanmugam SC championing green innovation and sustainable development in a celebratory note released on the Intellectual Property Office of Singapore’s (IPOS) website.
World IP Day, established by the World Intellectual Property Organization (WIPO) in 2000, is a global annual celebration aimed at raising awareness of IP rights and recognizing their significance in innovation and creativity. This year’s theme, “IP and the Sustainable Development Goals: Building Our Common Future with Innovation and Creativity,” highlights the role of intellectual property in advancing sustainable development.
Shanmugam emphasized Singapore’s commitment to sustainable development, citing initiatives such as the Singapore Green Plan 2030 and the Forward Singapore movement, along with a significant budget allocation of S$5 billion (US$3.7 billion) for investments in green technology, sustainable infrastructure, and climate adaptation. This investment aims to facilitate a low-carbon transition for the city-state.
Highlighting key statistics, Shanmugam noted the potential for Asia to generate up to US$4.3 trillion in revenue and 232 million jobs by 2030 through climate mitigation efforts. He also highlighted the increase in trademark filings for green or sustainability-related goods and services in Singapore, particularly in areas such as solar energy, water purification, and environmental services.
Shanmugam underscored Singapore’s role in supporting the growing market for sustainability-related patents, with the country positioned to facilitate innovation in key areas such as digital technologies that enhance urban efficiency.
The celebratory note also mentioned various government initiatives aimed at enhancing Singapore’s capabilities as an IP hub, including the Tech Insights through Patents (TIP) for Green Technologies, the Green Innovation Starter Guide, and the Whole-of-Government IP Portal and Community of Practice for IP Management.
Shanmugam concluded by encouraging everyone to visit the Digital Gallery, which showcases innovation efforts by different industries and communities in Singapore.
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– You could visit here to see Procedure of Singapore Trademark Registration.
– You could visit here to check the required documents for filing trademark in Singapore
– You can also check the Fee of Trademark In Singapore here.
– You could check how to register trademark in Singapore here.
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