3 things governments can do to finance the net-zero transition

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Manuela Stefania Fulga, Platform Curator, Banking and Capital Markets, World Economic Forum, Jianyi Chen, Project Fellow, Financing the Transition to a Net-Zero Future initiative, World Economic Forum “We need a transition at the scale of the industrial revolution […]

What are central bank digital currencies?

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 Money isn’t paper and coins any more. It’s increasingly digital – and a growing number of central banks are considering issuing their own digital currencies. Australia is the latest country to trial […]

eToro’s Yoni Assia: How digital finance could bridge the next big wealth gap

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Linda Lacina, Digital Editor, World Economic Forum Could the next big wealth gap be in digital finance?Though cryptocurrency has been hailed as the promise of fairer and more equal financial system, recent research has shown that crypto could […]

What is ‘Phase Down Finance’ and why it’s better than divestment to achieve decarbonization

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emily Tyler, Climate Policy Lead, Meridian Economics & Celeste Renaud, Analyst, Meridian Economics Divestment from emitting assets doesn’t necessarily lead to their closure, leaving a gap in low carbon investment strategies. Phase Down Finance can assist in managing […]

Explainer: Which countries have introduced a carbon tax?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Ellerbeck, Senior Writer, Formative Content Carbon-pricing is regarded as one of the most powerful tools to help countries limit CO2 emissions and reach net-zero targets. Denmark has approved a new corporate carbon tax which will become the […]

How is the war in Ukraine impacting the global supply chain?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Beth Stackpole, Freelance writer, MIT Management Sloan School The Russia-Ukraine war is having an outsized impact on the global supply chain, impeding the flow of goods, fueling dramatic cost increases and product shortages, and creating catastrophic food shortages […]

What is hyperinflation and should we be worried?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Helen Nugent, Senior Writer, Formative Content Hyperinflation has been around since the French Revolution. But with high inflation around the world, should we be worried about it in 2022? Inflation is at a 40-year-peak in the US and […]

How investors are overcoming systemic risks and setting the pace for others to follow

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jonathan Cross, Project Fellow, Mercer In 2021, asset owners ranked climate change as the top systemic risk affecting their portfolios and organizations. A study conducted over three years by the World Economic Forum and Mercer shows that pace-setting […]

Earth Day: Four ways to safeguard investments in nature

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Hashendra Wijesinha, Lead, Nature Action Agenda & Xinqing Lu, Community Specialist, Champions for Nature, Nature Action Agenda This Earth Day, it is more imperative than ever that we act on the challenge of climate change. Biodiversity is declining […]

What is land value tax and could it fix the housing crisis?

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 The US was short almost four million homes at the end of 2020, according to estimates. The UK, meanwhile, is also in the middle of a housing crisis. The land value tax […]

What is inflation, and should we worry? An economist explains

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Robin Pomeroy, Digital Editor, World Economic Forum Inflation was low for decades in much of the developed world before COVID. A surge in demand, some problems of supply and soaring energy costs have caused a big jump in […]

How markets can help spur innovation to solve the water crisis

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Paul Milgrom, Nobel laureate 2020, Professor of Humanities and Sciences, co-founder and Chairman of Auctionomics, Stanford Graduate School of Business, Zachary Bogue, Managing partner and co-founder, DCVC, Silvia Console Battilana, Co-founder and Chief Executive Officer of Auctionomics, Stanford […]

This is how the metaverse might be monetized

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Brambilla Hall, Project Lead, Media, Entertainment and Sport, World Economic Forum Geneva, Cathy Li, Head of Media, Entertainment and Sport, Industries, World Economic Forum Experts believe the metaverse will signify the next step in our digital evolution, […]

Rethinking trade’s relationship to the fight against climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mari Elka Pangestu, Managing Director, Development Policy and Partnerships, World Bank Group Cross-border trade and better integrated economies will play a key role in the global fight against climate change. Developing economies need access to supply networks for […]

What’s the best way to tackle COVID and climate change? Anthropology, says the woman who predicted the global financial crisis

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 This is an edited version of an interview with Gillian Tett for the Book Club Podcast. Financial Times journalist and author Gillian Tett discusses her new book, Anthro-Vision: How Anthropology Can Explain […]

Putting capital markets into stakeholder capitalism

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Laura M. Cha, Chairman, Hong Kong Exchanges and Clearing (HKEX) Capital markets have a key role to play in building a more equitable and environmentally sustainable economic system. ESG assets under management reached $35 trillion in 2020 and […]

3 lessons for financing forest conservation

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Josh Lerner, Jacob H. Schiff Professor of Investment Banking, Harvard Business School There is a shortfall in the annual expenditure required to preserve the planet’s biodiversity. Without private investment dollars, this deficit is likely to persist indefinitely. Analysing […]

Digital currencies are cutting across borders. Here’s how regulators can catch up

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Ho, Head of Legal, Financial Markets, Standard Chartered Bank, Erin English, Director, Thought Leadership and Policy Research at Visa, Visa, Alejandro Rothamel, Chief Legal Officer, Ripio, Shearin Cao, Executive Director, Group Public and Regulatory Affairs, Standard Chartered […]

What play-to-earn gaming can tell us about the future of the digital economy – and the metaverse

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Brambilla Hall, Project Lead, Media, Entertainment and Sport, World Economic Forum Geneva & Moritz Baier-Lentz, Partner, BITKRAFT Ventures Play-to-earn games could bring digital identity, assets, and ownership into players’ hands as the gaming industry is becoming decentralized. […]

4 key cybersecurity threats to new central bank digital currencies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sebastian Banescu, Senior Research Engineer / Security Auditor, Quantstamp & Ben Borodach, Vice-President, Strategy and Operations, Team8 & Ashley Lannquist, Project Lead, Blockchain and Distributed Ledger Technology, World Economic Forum Central bank digital currencies (CBDC) are increasing in […]

Forget 2050, investors should demand action now on oil and gas

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ben Ratner, Associate Vice President , Environmental Defense Fund & Erin Blanton, Senior Research Scholar, Center on Global Energy Policy, Columbia University Many corporations have committed to net zero by 2050, but the reality is that actions in […]

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 […]

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 […]

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 […]

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 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 […]

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. […]

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 […]

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. […]

Why it’s time to take central banks’ digital currencies seriously

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mohit Joshi, President; Head, Financial Services, Insurance, Healthcare and Life Sciences, Infosys Limited & Dixit Joshi, Group Treasurer, Deutsche Bank The introduction of central bank digital currencies could upend the global economic order. This technology could bring multiple […]

Data is the new gold. This is how it can benefit everyone – while harming no one

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Derek O’Halloran, Head of Shaping the Future of Digital Economy and New Value Creation, World Economic Forum & Francisco D’Souza, Co-Founder, Cognizant; Fellow, World Economic Forum Digitalization is yielding vast quantities of data, which offer opportunities for business, […]