Investment, bans and goals: Everything to know about the environment this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Formative Content This weekly round-up brings you some of the key environment stories from the past seven days, to help keep you up to date. Top stories: Call for urgent action on biodiversity; IEA calls […]

Banks can achieve net-zero pledge by 2050. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Colas, Partner; Vice-Chairman, Financial Services, Americas, Oliver Wyman Group (MMC) The UN group, Net-Zero Banking Alliance, have pledged to reach net-zero carbon emissions across their lending portfolios by 2050. Banks can influence corporate behaviour by offering loans […]

When corporations and social enterprises work together, they can change the world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Yasmina Zaidman, Chief Partnerships Officer, Acumen & Åsa Skogström Feldt, Manager, IKEA Social Entrepreneurship, Inter IKEA Group & Saskia Bruysten, Co-Founder and Chief Executive Officer, Yunus Social Business There is an untapped opportunity for corporations and social enterprises […]

We must reform trade to build a sustainable, inclusive global recovery

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Børge Brende, President, World Economic Forum & José Viñals Group Chairman, Standard Chartered Bank Trade policy needs to evolve to meet growing global challenges. 29 CEOs and Chairpersons from five continents have called on world leaders to update […]

Sustainability metrics: why it’s time investors look in the mirror

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sarah Keohane Williamson, Chief Executive Officer, FCLT Global Investors look for sustainability and non-traditional metrics from companies they invest in, but what if they held themselves accountable in the same way? Focusing the sustainability lens inward will allow […]

Stakeholder Capitalism: over 50 companies adopt ESG reporting metrics

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. A coalition of over 50 companies have drawn from existing frameworks and co-created a comprehensive set of metrics that highlight the need for consistent ESG reporting. The impact. Global challenges amplified by the COVID-19 pandemic have made Environmental, Social […]

Small and growing businesses make the biggest impact on economies, and they need more support

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Austin Mwape, Board Chairperson, Absa Bank Zambia Plc and National Advisory Board for Impact Investment Zambia, Hamdiya Ismaila, General Manager, Ghana Venture Capital Trust Fund, Diana Guzman, Head, Sustainable Development Investment Partnership, World Economic Forum & Drew von […]

6 issues that will define the future of capital markets

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Matthew Blake, Head of Shaping the Future of Financial and Monetary Systems, World Economic Forum & Akash Shah, Chief Growth Officer, BNY Mellon In the wake of the pandemic and an unequal economic recovery, global capital markets are […]

Innovative debt financing could close the digital access gap. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Burke Norton, Senior Managing Director; Co-Head, Perennial Investing, Vista Equity Partners and Bill Horton, Senior Vice-President, Deputy General Counsel and Corporate Secretary, Verizon Communications Digitization of services is on the rise, with digital inclusion affecting access to healthcare, […]

Meeting the crypto regulatory challenge

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alpen Sheth, Senior Technologist, Mercy Corps Ventures Cryptocurrency adoption has soared during the COVID-19 pandemic, as everyone from private investors and public companies to underbanked individuals realised the benefits of digital currencies. Regulators have struggled to keep up […]

How blended finance helped to keep energy supplies flowing during COVID-19

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sarah Bieber, Head of Energy Partnerships, Acumen COVID-19 has put energy access at risk in many vulnerable communities. In moments o f crisis, using the right type of capital to address market failures is key. A blended finance […]

Cambodia’s digital currency can show other central banks the way

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Makoto Takemiya, Co-founder and CEO, Soramitsu The National Bank of Cambodia launched its digital currency, Bakong, in October 2020. Almost 200,000 people use its digital wallet, and almost 6 million have benefited through the use of connected banking […]

How personalizing sustainable investments can shape the future of finance

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Smiles Former Group Managing Director, UBS Wealth Management & Rodrigo Tavares Founder and President, Granito Group Despite retail investors being interested in sustainability issues, few are investing money with this in mind. Principal barriers to investment in […]

Digital tools can protect consumers from inflation. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Eric Sager, Chief Operating Officer, Plaid Inflation is rising in the US after many years, making it harder for millions of Americans to afford consumer items. The expansion of fintech has made it easier for consumers to access […]

The triple dividend of carbon farming, and how innovation can help it grow

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Barbara Baarsma, Chief Executive Officer Rabo Carbon Bank, Rabobank Carbon farming is a new way of land management which could be a powerful weapon in the battle against climate change. More innovations are needed around the globe to […]

What we know and what we don’t know about universal basic income

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Crowley, Chief of Research, Policy and Foresight, UNESCO & Iulia Sevciuc, Lead, Inclusive Policies and Data-Driven Policy Change, UNESCO The debate on UBI is often polarized and rooted in selective data. To allow for informed policy, an […]

Data marketplaces can transform economies. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ran Melamed, Head, Business Development, Orbs Group & Gary LaFever, Chief Executive Officer, Anonos Much of the technology necessary to enable consent and trust in data marketplaces currently exists and is scalable. Opportunities remain to innovate using 4IR […]

Vaccine equity will define how global economies recover from COVID-19

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Laurel Patterson, Head, Sustainable Development Goal Integration, United Nations Development Programme (UNDP) & Mandeep Dhaliwal, Director of HIV, Health and Development Group, United Nations Development Programme (UNDP) Just over 1% of people in low-income countries have been vaccinated […]

It’s time for a rethink on financial inclusion – new principles show how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ajay S. Banga, Executive Chairman, Mastercard While technology has served as a gateway for many, patchy internet access and the lack of affordable tools and access to digital skills has created a digital divide that risks barring the […]

These countries are the most optimistic about economic recovery from the pandemic

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content China is the most optimistic country when people are asked when they think there will be an economic recovery from the pandemic. By comparison, people in Russia are the most pessimistic. One […]

Obsolete tech is clogging up global trade. Here’s how to unblock it

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ryan Petersen, Founder, CEO, Flexport Outdated logistics systems are unable to keep up with increased demand for goods in the pandemic recovery. Both trade’s physical infrastructure and software systems are lagging behind. Digital technology can increase freight efficiency […]

Here’s why putting a price on safe water will ensure universal access to it

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Catarina de Albuquerque, CEO, Sanitation and Water for All Worldwide today, there are still 2 billion people without safely managed drinking water and 3.6 billion without a safely managed toilet. Those who can afford to, should pay a […]

Valuing natural capital is key to the future of investment. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tim Hodgson, Co-head, Thinking Ahead Group, Willis Towers Watson A multi-trillion-dollar annual investment gap needs to be filled to meet decarbonization goals and the transition to a circular economy. Decarbonization and circular economy transition pathways will change long-term […]

How to create a transparent digital economy and rebuild consumer trust

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lorenzo Miláns del Bosch, Partner, Communications, Media and Technology, Oliver Wyman (MMC) The digital economy in the US is expanding four times faster than the overall economy. Yet consumers remain concerned about the way data is collected and […]

Why financial inclusion is key to integrating and empowering refugees

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rya G. Kuewor, Executive Director, RIO Global refugee numbers have risen from 42.5 million to 82.4 million people in the last decade. COVID-19 has exacerbated dire living conditions for refugees trapped in long-term camps and left them vulnerable […]

Why green bonds are beating all expectations in the post-pandemic recovery

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Andrea Willige, Senior Writer, Formative Content Green, social and sustainability bonds are growing rapidly in number, with a very strong uptick in the first half of 2021. Growth has surpassed even the most optimistic expectations. Europe leads the […]

COVID-19 is accelerating stakeholder capitalism

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: James M. Loree, Chief Executive Officer, Stanley Black & Decker Stakeholder capitalism is a critical strategic shift needed for corporations to stay relevant and engaged in today’s world of accelerating ESG change. Companies proved their agility during the […]

The real economy is not a side event in the global decarbonization effort

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Faustine Delasalle, Co-Executive Director, Mission Possible Partnership and Director, Energy Transitions Commission & Anthony Robert Hobley, Co-Executive Director, Mission Possible Partnership and an Executive Fellow, WEF, World Economic Forum The real economy needs to be at the centre […]

Will clean air become a new global currency?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: David Duong, Director, Program in Global Primary Care and Social Change, Harvard Medical School & Neha Rana, Undergraduate Research Fellow, Harvard Medical School & Riya Master, Undergraduate Research Fellow, Harvard Medical School The growing clean air crisis is […]

Market design can help solve global water scarcity. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Paul Milgrom, Professor of Humanities and Sciences, co-founder and Chairman of Auctionomics, Stanford Graduate School of Business & Silvia Console Battilana, Co-founder and Chief Executive Officer of Auctionomics, Stanford University Market design is an economic tool that can […]

How a demand-driven approach could accelerate zero-emission freight transportation

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Margi Van Gogh, Head of Supply Chain and Transport, World Economic Forum & Angie Farrag-Thibault, Project Lead, Clean Trucking Initiative, World Economic Forum By greening their supply chains, freight buyers could boost decarbonization efforts in the global freight […]

Thinking like global citizens can usher in a fairer world. Here are 6 ways to start

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bhushan Sethi, Joint Global Leader, People and Organisation, PwC US & Lady Mariéme Jamme, Founder and Chief Executive Officer, iamtheCODE • Fostering a sense of common humanity is essential to reversing current inequalities and polarized communities. • The […]

How decentralized finance will transform business financial services – especially for SMEs

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rebecca Liao, Co-Founder, SKUChain Decentralized finance (DeFi) is emerging as a tool for smaller businesses in developing markets, particularly for remittances and small loans; The transaction banking industry is beginning to see DeFi’s potential to overhaul the inflexibility […]