How green corridors can enable the transition to zero-emission shipping

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jesse Fahnestock, Head, Research and Analysis, Global Maritime Forum & Aparajit Pandey, Associate, Energy Transitions Commission Zero-emission fuels and vessels will need to be deployed at scale over the next decade to meet emissions targets by 2050. Green […]

How to beat the 3 challenges to building inclusive digital financial services

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ben Weisman, Project Lead, Financial Innovation, World Economic Forum, Bryan Zheng Zhang, Executive Director, Cambridge Centre for Alternative Finance, the University of Cambridge Judge Business School, Hunter Sims, Associate Director of Business & Operations, Cambridge Centre for Alternative […]

How to spare low-income countries from ‘economic collapse’

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 Many less-wealthy countries face worsening debt problems as the pandemic lingers. Some say the design of the global financial system is inherently unfair to them. An initiative designed to […]

5 barriers to using recycled materials to boost the circular economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mayuri Wijayasundara, Lecturer, Deakin University Recycled materials could be used across manufacturing to make production processes greener and more sustainable. Significant challenges remain in terms of gaining widespread buy-in from manufacturers to use of recycled materials instead of […]

Globalization and world trade bounce back from the impact of COVID-19: report

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content Reports of the demise of globalization due to COVID-19 have proved premature, says global connectedness report. World trade of goods has surged to pre-pandemic levels despite supply chain problems. But many countries […]

Will WTO members act now to end harmful fisheries subsidies?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Peter Thomson, UN Secretary-General’s Special Envoy for the Ocean and Co-Chair, Friends of Ocean Action Every year over $20 billion of taxpayers’ money funds harmful fisheries subsidies around the world. Members of the WTO have been negotiating rules […]

The UN tells Elon Musk how his money could end world hunger

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Senior Writer, Formative Content The Tesla founder has offered to pay to end world hunger if the UN explains how it would spend his money. Responding to the challenge, the UN’s World Food Programme has produced […]

These economies have the best ‘brand’

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 Nation Brands Index has ranked economies by brand appeal since 2008. 2021 is the seventh year that Germany has topped the Index for its brand. Canada, Japan and Italy are amongst […]

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 […]

When corporations and social enterprises work together, they can change the world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Yasmina Zaidman, Chief Partnerships Officer, Acumen & Åsa Skogström Feldt, Manager, IKEA Social Entrepreneurship, Inter IKEA Group & Saskia Bruysten, Co-Founder and Chief Executive Officer, Yunus Social Business There is an untapped opportunity for corporations and social enterprises […]

We must reform trade to build a sustainable, inclusive global recovery

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Børge Brende, President, World Economic Forum & José Viñals Group Chairman, Standard Chartered Bank Trade policy needs to evolve to meet growing global challenges. 29 CEOs and Chairpersons from five continents have called on world leaders to update […]

Stakeholder Capitalism: over 50 companies adopt ESG reporting metrics

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. A coalition of over 50 companies have drawn from existing frameworks and co-created a comprehensive set of metrics that highlight the need for consistent ESG reporting. The impact. Global challenges amplified by the COVID-19 pandemic have made Environmental, Social […]

Innovative debt financing could close the digital access gap. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Burke Norton, Senior Managing Director; Co-Head, Perennial Investing, Vista Equity Partners and Bill Horton, Senior Vice-President, Deputy General Counsel and Corporate Secretary, Verizon Communications Digitization of services is on the rise, with digital inclusion affecting access to healthcare, […]

Cambodia’s digital currency can show other central banks the way

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Makoto Takemiya, Co-founder and CEO, Soramitsu The National Bank of Cambodia launched its digital currency, Bakong, in October 2020. Almost 200,000 people use its digital wallet, and almost 6 million have benefited through the use of connected banking […]

Data marketplaces can transform economies. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ran Melamed, Head, Business Development, Orbs Group & Gary LaFever, Chief Executive Officer, Anonos Much of the technology necessary to enable consent and trust in data marketplaces currently exists and is scalable. Opportunities remain to innovate using 4IR […]

These countries are the most optimistic about economic recovery from the pandemic

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 China is the most optimistic country when people are asked when they think there will be an economic recovery from the pandemic. By comparison, people in Russia are the most pessimistic. One […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 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 […]