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 […]

Regionalization vs globalization: what is the future direction of trade?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Legge, Lecturer and Postdoctoral Researcher in Economics, University of St.Gallen, & Piotr Lukaszuk, Director for Data Forensics, St.Gallen Endowment for Prosperity through Trade Destabilizing world events, including COVID-19 and the Suez Canal blockage, have exposed international trade’s […]

How to solve COVID’s crew change crisis and protect global supply chains

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jeremy Nixon, Chief Executive Officer, Ocean Network Express Pte. Ltd Over 1 million seafarers work in tough conditions to support 80% of global trade. COVID-19 pandemic has stranded vast numbers of these key workers at sea. We outline […]

How to harness AI and data portability for greater financial inclusion

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Laurent Le Moal, Chief Executive Officer, PayU, Naspers & Amelia Ng, Managing Director, SC Ventures, Standard Chartered Bank Around the world, 1.7 billion people still lack access to a formal bank account. Digital innovations, such as AI, are […]

Consumers are getting more complex. Brands need to keep up to survive

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alicia Friend, Senior Communications Analyst, dentsu The pandemic has shifted consumer habits and values in ways that present longer-term implications. A new report by dentsu highlights four consumer trends that brands need to heed for their survival. First: […]

How trade-based money laundering works and its impact on world finances

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Deya Innab, Chief Strategy and Product Officer, Eastern Networks (EastNets) Trade-based money laundering and associated tax evasion is big business. Financial losses from these crimes in developing countries totalled $9 trillion between 2008 and 2017. Global trade complexities […]

5 practices to prevent and disrupt illicit financial flows

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Christian Ulbrich, Global Chief Executive Officer; President, JLL & Katja Bechtel, Practice Lead, Partnering Against Corruption Initiative (PACI), World Economic Forum The illicit financial flow of money and goods is a threat to our sustainable future. Gatekeepers are […]

7 chief economists on how to solve the pandemic’s labour market paradox

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gayle Markovitz, Partnerships Editor, World Economic Forum & Samantha Sault, Writer, Washington DC and Geneva Are we on the verge of the “Roaring Twenties” ­– or will continued unemployment and economic hardship stall the post-pandemic party for the […]

What will a post-pandemic economy look like? Here’s what chief economists expect

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Silja Baller, Insights Lead, Frontier Insights, World Economic Forum The World Economic Forum’s most-recent Chief Economists Survey shows most expect a recovery of global GDP to its pre-COVID-19 level by the first half of 2022. Respondents see the […]

Decarbonizing shipping – why now is the time to act

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Henriette Hallberg Thygesen, Executive Vice President, CEO Fleet and Strategic Brands, A.P. Møller – Mærsk A/S, Christian Ingerslev, CEO, Maersk Tankers, Lasse Kristoffersen, Chief Executive Officer, Torvald Klaveness Group, Jose Maria Larocca, Executive Director Co-Head of Oil Trading, […]

Global trade after COVID-19: From fixed capital to human capital

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alexis Crow, Global Head, Geopolitical Investing, PwC & Samir Saran, President, Observer Research Foundation (ORF) The current trade environment is in a state of flux – but globalization is proving to endure, despite the rising protectionism of the […]

The global eco-wakening: how consumers are driving sustainability

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Cristianne Close, Global Markets Practice Leader, WWF International • New research shows support for sustainable business is growing in both developed and developing economies. • Many consumers believe brands bear as much responsibility for positive change as governments. […]

How global trade can save lives and livelihoods – and help protect the planet

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 New Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, joined the World Economic Forum Agenda Dialogues to discuss global trade. Dr Okonjo-Iweala said vaccine policy was crucial to helping the economic recovery […]

Investing in handwashing facilities to protect communities and kickstart economies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Petri Gornitzka, Deputy Executive Director, United Nations Children’s Fund (UNICEF) 40% of the world’s population do not have access to handwashing facilities. Hand hygiene should be universally available to protect us from current and future pandemics. UNICEF […]

How technology can help unbanked access e-commerce

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kirill Evstratov, Chief Executive Officer, Unlimint The COVID-19 pandemic has accelerated the global trend away from cash towards digital payments. Worldwide, 1.7 billion adults do not have access to a bank account – placing them at a disadvantage […]

How central banks are tackling climate change risks

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Silvia Anna Ainio, Policy Officer, European Commission Central banks have an increasingly critical role in tackling climate change policy objectives. Incorporating climate-related risks into regulatory frameworks remains challenging but central banks are starting to lead the way. The […]

11 ways to align global economic governance with green new deal

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Thomas Hale, Associate Professor of Public Policy, Blavatnik School of Government, University of Oxford The clock is ticking to achieve global climate targets amid a devastating pandemic and financial crisis. To aid recovery and the transition to a […]

The future of global trade – in 7 charts

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 Merchandise trade volumes are expected to grow by 8% in 2021, according to World Trade Organization statistics. Production and distribution of vaccines will be key to how the world’s economy performs. Remote […]

Why a green economy is needed to stop Amazon deforestation

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ilona Szabó de Carvalho, Executive Director, Igarape, Inc Future of the Amazon rainforest is at a dangerous environmental tipping point if deforestation levels rise another 5%. Collective action must be taken by countries in the Amazon Basin, underpinned […]

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 […]