Embracing technology as a service will fuel the circular economy. Here’s how.

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Paul Sheeran, Managing Director, Worldwide Channel and SMB, HPE Financial Services Technology as a service has the potential to generate significant growth opportunities for any industry. It offers sustainable outcomes, specific to each industry. Offering as-a-service requires the […]

4 ways the circular economy can help heavy industry reduce emissions

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Christoph Willing, Senior Engagement Manager, McKinsey, Hamburg office The majority of industry emissions comes from 4 material groups: Steel, cement, aluminum, chemicals. Global demand for the 4 focus materials is expected to increase – exacerbating the emission challenge. […]

Why democratizing skills is the key to the post-pandemic economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nahia Orduña, Manager, Solutions Architecture, Amazon Germany • The pandemic has widened the skills gap because of accelerating digitalizations. • Upskilling must happen inclusively and globally to ensure an equitable recovery. • Private organizations with a global footprint […]

17 innovations accelerating the transition to a circular economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emanuela Orsini, Digital Content Specialist, World Economic Forum Geneva The Circulars Accelerator Cohort 2021 is supporting innovators to scale their ideas for a more circular economy. The circular economy, which aims at reducing and eliminating waste and continuing […]

Images from space could bolster the global economy – here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Formative Content Data collected from space can help countries tackle issues like water scarcity and food security. Free and openly accessible earth observation data is already being used to predict crop yields and measure […]

How rescheduling debt for climate and nature goals could unlock a sustainable recovery

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Carlos Manuel Rodríguez Echandi, Chief Executive Officer and Chairperson, Global Environment Facility & Ibrahim Thiaw, UN Under-Secretary-General and Executive Secretary , United Nations Convention to Combat Desertification. The world is struggling to tackling climate change and the COVID-19 […]

Corporate investors hold the key to fostering inclusive entrepreneurship

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ram Jambunathan, SVP and Managing Director, SAP and SAP.iO & Aytug Goksu, Project Lead, Digital Europe, World Economic Forum Corporations need to activate their venturing funds, as well as accelerator, incubation and procurement programs. In doing so they […]

Innovative finance tools could protect cities from climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nidhi Upadhyaya, Associate Director, Adrienne Arsht-Rockefeller Foundation Resilience Center, Atlantic Council, Morgan Richmond Senior Analyst, Climate Policy Initiative City residents living in poverty are severely affected by climate change and extremely vulnerable to health risks such as COVID-19. […]

Investors must travel a winding road to net-zero. Here’s a map

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jo Taylor, President and Chief Executive Officer, Ontario Teachers’ Pension Plan For institutional investors, the path to net zero is not straightforward – but it is navigable. Earning both financial and environmental returns can be done, but it […]

Here’s a simple and fair way to end corporate tax abuse

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alex Cobham, Chief Executive, Tax Justice Network (TJN) Current proposals to tackle tax abuse are complex and unequal. A minimum effective tax rate will reallocate undertaxed profits with substantial benefits for non tax-havens. With a single rule for […]

Why private capital is the key to unlocking carbon capture at scale

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Namita Vikas Founder and Managing Partner, AuctusESG & Sourajit Aiyer, Vice President, Sustainable Finance & ESG, AuctusESG Fossil fuels will still account for two-thirds of the global energy mix by 2030. Clean energy strategies must take this into […]

The next decade is critical for the climate. Here’s how the circular economy can help

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Naoko Ishii, Professor, Institute for Future Initiatives, University of Tokyo Net zero cannot be achieved by decarbonizing the energy sector alone. Circularity is needed to tackle climate goals within the next decade. Many of our environmental calamities – […]

How rethinking infrastructure could boost the economy and improve quality of life in the post-COVID world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Negash Haile, Manager of Economic Analysis and Modelling, Infrastructure Canada The pandemic has brought a once-in-a-lifetime opportunity to rethink the type of infrastructure investments we can make and how we deliver them. Canada has joined the ranks of […]

More than speed: 5G could become the next big economic driver

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Osvaldo Di Campli, President of Latin America Region, Nokia Latin America is taking a five-pronged attack to deploying 5G in the region. Digitalisation must be rolled out across all sectors of the economy for it to work – […]

How we measure stakeholder capitalism will determine our recovery

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katica Roy, CEO and Founder, Pipeline Equity Common metrics, which take account of gender and race, will stimulate global efforts necessary for inclusive capitalism to thrive. Taking account of gender and race within those metrics will ensure there […]

3 reasons why embracing the circular economy can be powerful for middle income countries

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Maria Carolina Schmidt Zaldívar, Minister of Environment of Chile and President of COP25, Ministry of Environment of Chile The circular transition is crucial to building a resilient economy, protecting social wellbeing, and mitigating the climate crisis. The move […]

How leaders can harness the power of finance and technology for social good

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Professor Durreen Shahnaz, CEO, Impact Investment Exchange (IIX) & Marius Døcker Managing Director, Business for Peace & Rob Acker CEO, Salesforce.org A new imperative around inclusive growth is emerging. A cross-sector movement that combines mindset shifts with technology […]

4 ways to build a net-zero economy by 2050

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Veronica Scotti, Chairperson, Public Sector Solutions, Swiss Re Management Ltd EU Green Deal, worth €1 trillion, puts Europe on course to meet net-zero targets by 2050. Multi-stakeholder approach is needed to build momentum and achieve these goals. Here […]

Here’s what could happen to the global economy this year

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 A PwC report predicts the global economy will grow 5% this year. The issued value of green bonds will surpass $500 billion. G7 public debt levels will exceed $57 trillion. The global […]

Reimagining the future of the tax system

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Barton, Global Vice Chair – Tax, EY Tax authorities are fast becoming the data centres of government, with all the associated risks and responsibilities. They can use enhanced digital capabilities to improve the taxpayer’s experience and increase […]

Can we automate our way out of the savings crisis?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Martha King, Chief Client Officer, Executive Vice-President and Head of the Infosys Retirement Services Center of Excellence, Infosys Limited & Mohit Joshi, President, Infosys Ltd • The world is facing a pensions crisis by 2050. • AI-assisted technology […]

Developed and developing financial markets are more similar than you think. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Daniel J. Barker, Director for Research, Mastercard Center for Inclusive Growth & Carlos Monteverde, Manager, Product Management, Mastercard As the economic divide grows between developed and developing markets, so do the opportunities for learning from one another. While […]

COVID-19 showed the importance of 5G for the economy and the environment

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Börje Ekholm, President and Chief Executive Officer, Ericsson Through COVID-19, connectivity has become an even bigger part of critical infrastructure, helping people in an unprecedented way work, study and socialize online. Looking forward, governments need to do more […]

Social enterprises can change entire industries. This is how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bas van Abel, Founder & Board Member, Fairphone & Wineke Haagsma, Director Corporate Sustainability, PwC & Stefan Panhuijsen, Director Social Enterprise NL, Board member Euclid Social enterprises have the potential to change entire industries. An example from the […]

For a true economic recovery, small businesses will need more support

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Brandon Magsamen, Principal , The Boston Consulting Group & Grigory Shutko, Platform Curator, Information Technology Industry, World Economic Forum Recent COVID/Tech activities have been skewed towards certain benefactor groups (eg, governments & individuals), and other groups (eg, business) […]

4 myths about corruption

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Formative Content 9 December is International Anti-Corruption Day. During COVID-19, corruption has seen funds diverted away from those in need, says the United Nations Secretary-General. From the prevalence of corruption in rich countries to […]

Should trade continue to be global after the pandemic?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Cooper, Chief Executive, Corporate, Commercial and Institutional Banking, Standard Chartered Bank The advantages China offers will not become available closer to home and the costs of reshoring are high and often prohibitive. Opportunities for global trade will […]

Why small farms are key to the future of food – and how we can support them

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gilbert Fossoun Houngbo, President, International Fund for Agricultural Development (IFAD) Small-scale farmers and rural populations are disproportionately among the poor and hungry. But they are also the best hope for increasing land productivity and crop diversity to feed […]

5 ways social entrepreneurs are helping farmers feed the world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pavitra Raja, Community Specialist, Social Entrepreneurs – Europe and the Americas, World Economic Forum The world is facing a food crisis that threatens lives and livelihoods around the globe, as well as our planet. Here are five innovative […]

5 ways the WTO can make investment easier and boost sustainable development

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Matthew Stephenson, Policy and Community Lead, International Trade and Investment, World Economic Forum The WTO is negotiating an international framework to facilitate investment for development. This effort was announced at the World Economic Forum in Davos in January. […]

Countries are piling on record amounts of debt amid COVID-19. Here’s what that means

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 Public debt levels and deficits have hit records during the pandemic. Many experts argue it’s a sound means to fund the recovery. Such borrowing has been further enabled and […]

The world’s poorest people are owed $5.7 trillion, says Oxfam

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Chema Vera, Interim Executive Director, Oxfam International • Last year, OECD members only gave 0.3% of their GNI to aid – less than the 0.7% promised. • 0.7% would help the world’s poorest countries meet the SDGs for […]

Chart of the Day: This is how the $88 trillion global economy is spread around the world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Formative Content Before COVID-19, the global economy stood at $88 trillion. But the pandemic has seen growth forecasts revised downwards and economies go into recession. In 2019, the United States had the biggest slice […]