Tackling ‘financed emissions’ as the gateway to a greener economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ankit Jain, Co-Founder & CEO, StepChange, Devansh Pathak, Strategy and Community Engagement, World Economic Forum The urgency of addressing climate change and transitioning to a greener economy has become increasingly evident in recent years. As countries and industries […]

Clean energy investment to hit $1.7 trillion – and other energy stories

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Roberto Bocca, Head of Energy and Materials, Member of the Executive Committee , World Economic Forum Geneva 1. New IEA report shows growth in clean energy investment Global investment in clean energy is set to hit $1.7 trillion this […]

How to mobilise climate-smart agriculture finance

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Labanya Prakash Jena, Regional Climate Finance Adviser Indo-Pacific Region, The Commonwealth Secretariat, Prasad Thakur, Alumnus of IIT Bombay, IIM Ahmedabad Agriculture is a significant contributor to climate change, responsible for approximately 20% of global greenhouse gas (GHG) emissions and […]

Why global leaders should advocate for a re-globalized world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: James Forsyth, Community Lead, South Asia/ASEAN, and Member Relations, Young Global Leaders, World Economic Forum, Prof Andrew Prahl, Assistant Professor, Wee Kim Wee School of Communication and Information The trend towards globalization has faced significant challenges in recent years. […]

US and German GDP show consumers are central to recovery, and other economy stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gabi Thesing, Senior Writer, Forum Agenda 1. Revised US and German growth data shows consumers hold key to recovery The US economy grew more than previously reported in the first quarter thanks to stronger consumer spending, while revised estimates […]

The compelling reason why the financial sector must invest in boosting Earth’s biodiversity 

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Ribhu Ranjan Barua‪, Project Lead, Biodiversity Finance Initiative, World Economic Forum The world is experiencing a catastrophic fall in biodiversity. Not only is this an environmental disaster, it can also lead to financial ruin; $44 trillion of economic value […]

What’s on the mind of these 3 chief economists?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Robin Pomeroy, Podcast Editor, World Economic Forum, Kate Whiting, Senior Writer, Forum Agenda “It is a mixed picture overall.” So says Razia Khan, Chief Economist for Standard Chartered – and her view of the global economy is shared by […]

How to finance the energy transition in Asia

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Ayla Majid, Founder and Chief Executive Officer, Planetive The recent global energy dynamics have stimulated a rethink of the future of energy security and energy transition equations. There is greater recognition of building resilience, as different regions are required […]

Climate finance: What are debt-for-nature swaps and how can they help countries?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Forum Agenda The future looks more hopeful for the giant turtles of the Galapagos Islands thanks to Ecuador’s innovative “debt-for-nature” swap that raises money to protect the endangered ecosystem. Millions will go towards conservation on […]

What lies ahead for the global economy? Economists give their views

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Ian Shine, Senior Writer, Forum Agenda Uncertainty seems to be the only certainty left when it comes to assessing the global economic outlook. Economists are not just divided on the prospects of a worldwide recession in 2023, but they […]

How to unlock new growth markets in the Middle East and North Africa

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Hassan Abulenein, Government Engagement Lead, Middle East and North Africa, Centre for Trade, Regions and Geopolitics, World Economic Forum, Maroun Kairouz, Head of the Middle East and North Africa, World Economic Forum At a time when the outlook for […]

What kind of growth do we want? Why growth means different things to different people

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Gayle Markovitz, Lead Editor, World Economic Forum, Natalie Marchant, Writer, Forum Agenda Amid deep economic uncertainty and a jobs outlook that is set to be upended, leaders and experts at the Growth Summit called for inclusive, sustainable and resilient […]

Global Alliance for Trade Facilitation streamlines international trade

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. The impact on improving trade efficiencies. The Alliance supports countries in implementing the World Trade Organization’s Trade Facilitation Agreement (TFA), which entered into force in February 2017. In voting for the landmark Agreement, WTO members realised its potential for […]

Tackling hunger: What we need to do today to improve food security

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Adam Amoussou Food security is in a state of emergency as the result of catastrophic risks across the globe and we only have a short window of time in which we have to act. Food is the one of […]

The rise of the retail investor continues – here’s how the financial system can accommodate them

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Meagan Andrews, Community Curator, Investors Industries, World Economic Forum It’s been a wild ride for financial markets in 2023 so far. Even so, retail investors — non-professional individual investors — have continued to invest in record numbers. In the […]

What are the most significant economic impacts of higher interest rates? Chief economists explain

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Spencer Feingold, Digital Editor, World Economic Forum In 2022, as inflation spiralled upwards around the world, central banks began a cycle of interest rate hikes in an effort to lower prices. The contractionary monetary policy mitigated inflation, but elevated […]

Countries face a $100 billion finance gap to reach their education targets

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Forum Agenda Lower- and middle-income countries face a nearly $100 billion funding gap preventing them from achieving their education goals. More than a fifth of the financing required for countries to meet targets under UN […]

How pay transparency can help close wage gaps in the workplace

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Svenja Gudell, Chief Economist, Indeed Inc Pay transparency – corporate disclosure of existing employees’ pay, along with the inclusion of wage and salary data in publicly advertised job postings – can help meaningfully reduce enduring wage gaps, especially along […]

The US economy could get worse before it gets better — here’s what you need to know

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gregory Daco, Chief Economist, EY-Parthenon The US economy is likely to get worse before it gets better, according to forecasting by EY. The combination of persistently elevated prices, high interest rates and now tightening credit conditions will weigh on […]

International trade is evolving. But will it benefit workers?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kitrhona Cerri, Executive Director, TASC Platform, Geneva Graduate Institute, Maria Mexi, Senior Advisor, Labour and Social Policy, TASC Platform, Geneva Graduate Institute Workers around the world are suffering the consequences of unprecedented disruption to international trade at the hands […]

How to leverage your skills in the post-knowledge AI economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bozhanka Vitanova, Founder & CEO at TeamLift, Alumni, Global Shapers Community, Kes Sampanthar, Managing Director, BCG Brighthouse We can enable a skills-based economy that fosters cooperation and innovation, drives progress in various fields, and ultimately benefits both companies and […]

6 vulnerabilities technology is creating in the financial system

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Forum Agenda Technology is creating new risks in the financial system – but can also be used to mitigate some of the challenges.Deep fakes and fake news could create market-altering events and are making it […]

Here’s what the mixed economic messages mean for business

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer, Forum Agenda The ever-shifting global economy is never easy to keep up with – but with sky-high inflation rates and global supply chains still upended by Russia’s invasion of Ukraine, it can be harder than ever. […]

IMF warns of weakest medium-term global growth outlook in 30 years, and other economy stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gabi Thesing, Senior Writer, Forum Agenda 1. IMF warns medium-term growth outlook weakest in 30 years The global economy is heading for its weakest medium-term growth in more than 30 years as the world grapples with geopolitical fragmentation, slower […]

How youth are driving the circular economy transition across the world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bontu Yousuf, Specialist, National Platforms and Circular Economy, World Economic Forum, Sophia Simmons, Project Specialist, Climate and Environment, Global Shapers Community, World Economic Forum, Olya Van Houten, Associate, McKinsey & Company, Lead, Global Shapers Climate Action Steering Committee, Salma […]

Eradicating extreme poverty by 2050?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer, Forum Agenda How do you define and measure poverty and extreme poverty? Or, put another way, what standards are necessary for a basic living? The answer probably varies from country to country and it can be […]

The United Kingdom is set to join the trans-Pacific free trade pact. Here’s what you need to know

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Forum Agenda Three years after leaving the European Union, the United Kingdom has negotiated a trade pact with a band of Indo-Pacific countries. The UK’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership […]

This is what happens when a bank shuts its doors

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Letzing, Digital Editor, Strategic Intelligence, World Economic Forum Here’s one certainty about banks: there seem to be fewer around these days. Commerzbank nicely captured the existential tenor of the times when it recently updated its catalogue of potential […]

What are AT1 bonds and why do they matter?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dr. Bob Maughon, Executive Vice President, Sustainability, Technology & Innovation and Chief Technology and Sustainability Officer, SABIC When a bank goes bust, who pays? It’s a hot topic at the moment, and one that is front of mind for […]

Recession risks re-ignited by banking crisis, World Bank warns of ‘lost decade’ of growth, and other economy stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Forum Agenda 1. Banking crisis sparks recession fears Recession risks have been re-ignited by the recent banking collapses and rescue deals, and there are now concerns that global growth will weaken as the crisis heralds […]

Will a global recession accelerate geopolitical fragmentation?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dimitri Zabelin, Associate, LSE IDEAS Inflation continues to be the headline risk for investors and policy-makers. Countries are wrestling with shocks from the war in Ukraine, and the residual effects of domestic fiscal/monetary stimulus packages during the pandemic. As […]

The chemical industry’s overlooked role ushering in the low-carbon economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dr. Bob Maughon, Executive Vice President, Sustainability, Technology & Innovation and Chief Technology and Sustainability Officer, SABIC The chemical industry is critical to the global economy and for meeting societal needs. The innovations the field has given rise to […]