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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Why the downturn is good news for subscription companies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Amy Konary, Chair, Subscribed Institute & John Pineda, Partner and Director, BCG The current downturn will accelerate the existing shift towards subscription-based business models. Companies thinking of making this move today face a critical choice: invest in building […]

How banks can help companies restructure for growth

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Michael Spellacy, Senior Managing Director, Global Capital Markets Lead, Accenture & Alan McIntyre, Senior Managing Director, Global Banking Lead, Accenture & Derek Baraldi, Head of the Banking Industry, World Economic Forum The banking industry has to walk the […]

Turning crisis into opportunity: How to finance a sustainable recovery

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Briony Harris, Senior Writer, Formative Content The latest Great Reset virtual meeting looked at financing a sustainable recovery. Speakers looked at the work already done, the challenges that remain and the opportunities that exist to ‘build back better.’ […]

A top economist shares 3 ways leaders can help economies recover

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Briony Harris, Senior Writer, Formative Content OECD Secretary-General Angel Gurría discussed the organization’s latest economic outlook in a World Economic Forum Great Reset Dialogue. He warned against removing support too early and shortening supply chains. He also highlighted […]

This is how to achieve a clean economic recovery that combats organized crime

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nadja Long, Senior Specialist, European Financial and Economic Crime Centre, Europol & Nick Maxwell, Head of the Future of Financial Intelligence Sharing, (FFIS) research programme & Che Sidanius, Global Head of Financial Crime and Industry Affairs, Refinitiv & […]

Why 2020 will see the birth of the ‘trust economy’

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bianca Ghose, Chief Storyteller, Wipro The effect of the pandemic on our working lives underscores the growing importance of trust. Successful remote working demands a greater level of trust, both in and between employees and employers. In the […]

Here’s how a revamped wealth tax could fuel the COVID recovery

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ibrahim Khan, Co-founder, IFG.VC and Islamicfinanceguru.com With COVID-19 support schemes increasing governments’ debt burdens, countries are in search of tax receipts. Wealth taxes mean the rich are taxed on the assets they own rather than their earnings. A […]

The World Bank’s 2020 country classifications explained

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 Seven countries have moved into a higher income bracket in the World Bank’s latest country classifications. Three have fallen. This year’s groupings could change radically once the effects of the pandemic are […]

New poll shows what people think coronavirus will do to their economies

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 A YouGov survey uncovers wide variation in people’s economic circumstances and outlook ahead of the looming recession. The global recession is the biggest concern for people in all economies surveyed. Mexicans are […]

How COVID-19 can be the Great Reset toward global sustainability

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jeroo Billimoria, Founder, Child and Youth Finance International & Matthew Bishop, Boardmember and Founder, Social Progress Imperative, USA World leaders should embrace social entrepreneurs as partners in this crisis. Social entrepreneurs work collaboratively with many people worst served […]

The great reset must place social justice at its centre

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mark Doumba, Managing Director, Enovate Capital Wealth needs to be more broadly redistributed. Governments will need to intervene more to ensure better and fairer outcomes from private sector investments. New institutions need to incorporate profound reforms to ensure […]

The Great Reset requires FinTechs – and FinTechs require a common approach to cybersecurity

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Seán Doyle, Project Lead, Industry Solutions, Centre for Cybersecurity, World Economic Forum Financial Technology (FinTech) providers are key to the structural enhancement of financial services during the Great Reset. Cybersecurity is critical to ensuring consumers and businesses can […]

This is what chief economists think about the global economy right now

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: David Elliott, Senior Writer, Formative Content The World Economic Forum’s latest Chief Economists Outlook asks 40 chief economists for their views on the post-pandemic recovery. It identifies three key emerging challenges facing governments and business leaders. The crisis […]

Corruption is rife in the COVID-19 era. Here’s how to fight back

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tim Hanstad, CEO of the Chandler Foundation and Co-Founder, Landesa The pandemic has created conditions in which corruption can flourish. This can exacerbate and prolong the negative effects of this crisis. Here are three ways to start tackling […]

To build a resilient world, we must go circular. Here’s how to do it

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Naoko Ishii, Chief Executive Officer and Chairperson, Global Environment Facility & Frans van Houten, Chief Executive Officer, Royal Philips The best way to build resilience against future pandemics and the impact of climate change is to move to […]

This is how we can make a global green recovery – that also boosts the economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Formative Content Targeted policies and investment in renewables and energy efficiency could boost the global economy by 1.1%, according to a report from the IEA. Its Sustainable Recovery Plan would also save 9 million […]

3 challenges facing global gig economy growth after COVID-19

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Yan Xiao, Project Lead, Digital Trade, World Economic Forum & Janette Chung, Product Director, Jobox.ai COVID-19 is accelerating the growth of the cross-border offline-to-online (O2O) gig economy. Cross-border payments need to catch up for the cross-border gig economy […]