What we can learn about the future of digital assets regulation from recent US government reports

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sandra Waliczek, Blockchain and Digital Assets, World Economic Forum, Aiden Slavin, Project Lead, Crypto Impact and Sustainability Accelerator, World Economic Forum, Brynly Llyr, Head of Blockchain and Digital Assets, CISA, World Economic Forum On 16 September the White […]

What does a post-growth economy look like? One social entrepreneur explains

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lukas Bester, Freelance Researcher and Writer – World Economic Forum, Sustainable Development Consultant in Emerging Markets With global sustainability deadlines edging closer, social entrepreneurs and climate activists are looking to alternative and unexpected sources for solutions. Tariq Al-Olaimy, […]

Stakeholder Capitalism Metrics Initiative: over 120 companies implement the ESG reporting metrics

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. The impact of aligning ESG frameworks. Global challenges amplified by the COVID-19 pandemic have made Environmental, Social and Governance (ESG) issues even more pressing for policymakers, boards and executives. To promote alignment among existing ESG frameworks, the World Economic […]

Why decentralized finance is a leapfrog technology for the 1.1 billion people who are unbanked

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Anna Stone, Corporate Social Responsibility, eToro; co-founder, GoodDollar Protocol, eToro No technology better exemplifies the “leapfrog technology” phenomenon than the mobile phone, whose adoption allowed even the most underserved communities to entirely forego the need to implement traditional […]

3 ways companies can reduce their indirect emissions throughout value chains

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kyra Whitten, Vice President, Sustainability, Flex, President, Flex Foundation Delivering on the commitment to reach net zero by 2050 will require companies to reduce not only Scope 1 and 2 emissions, which relate to what they produce directly. […]

Taking big leaps in value chain resilience: adaptation and transformation

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Felipe Bezamat, Head of Advanced Manufacturing Industry, World Economic Forum, Memia Fendri, Initiatives and Community Lead, Advanced Manufacturing and Value Chains, World Economic Forum, Markus Vejvar, Project Fellow, Navigating Global Value Chain Disruption, World Economic Forum & Kearney […]

In pursuit of greater financial inclusion: How one man’s vision is lifting millions out of poverty

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lukas Bester, Freelance Researcher and Writer – World Economic Forum, Sustainable Development Consultant in Emerging Markets Taejun Shin was born and raised in Japan as the son of Korean immigrants who became stateless around the time of Japan’s […]

GDP: How do you measure a country’s true worth? 

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Anna Bruce-Lockhart, Editorial Lead, World Economic Forum What makes a ‘good’ country? If you’re thinking ‘happy people, trusted leaders, thriving trade’ then you may be surprised to learn that for many economists, for many years, a single monetary […]

Can the economy grow for ever?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Anna Bruce-Lockhart, Editorial Lead, World Economic Forum The global economy has been growing for the past 200 years. Traditionally, that’s been seen as a good thing – a larger pile of money that would lead to a larger […]

4 actions to help end child labour and build a fair economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bincheng Mao, Global Shaper, New York Hub Around the world there are 160 million children working as child labourers. Ending child labour is a moral issue, and it also affects livelihoods. Civil society, businesses and governments must work […]

Why we shouldn’t overlook the impact of SMEs on local and global economies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Julia Devos, Head, New Champions Community, World Economic Forum, Zishu Chen, Content Curator, New Champions, World Economic Forum Beijing The contribution that small and medium-sized enterprises (SMEs) make in driving positive social, environmental and economic change is often […]

Which countries have the highest minimum wages in the OECD?

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 Japan has become the latest OECD country to put forward plans to raise its national minimum wage, by a record 3.3%. Luxembourg, Australia, New Zealand, the UK and Germany pay some of […]

The cost-of-living crisis has pushed 71 million people into poverty – here’s what needs to happen

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mark McCord, Writer, Formative Content, Annabel Walker, Writer, Formative Content The cost of living crisis has pushed 71 million people into poverty, according to the United Nations. Inflation is climbing as the Ukraine conflict and the effects of […]

This is where Gen Z goes for financial advice

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tim Tkachenko, Chief Technology Officer and Co-founder, Qure.Finance Generation Z are almost five times more likely to get financial advice from social media platforms than people aged 41 or over. Trust, accountability and protection from scams are important […]

These emerging economies are poised to lead shipping’s net-zero transition

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, Ingrid Sidenvall Jegou, Project Director, Global Maritime Forum, Digital Editor, Public Engagement, World Economic Forum The International Maritime Organization is set to revise its target related […]

What are foreign currency reserves and can they help combat the global economic crisis?

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 Sri Lanka’s foreign currency reserves have fallen by 99% since 2019, amid an economic crisis that has seen the country’s president overthrown. Foreign currency or exchange reserves, otherwise known as forex reserves, […]

The blue economy is a historic opportunity. Here’s how we seize it

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Vedant Kulkarni, Advisor, United Nations Industrial Development Organization The sustainable blue economy offers lucrative ROIs and a promising future while centering Indigenous and local communities. The Sustainable Blue Economy Investment Forum at the UN Ocean Conference landed commitments […]

How Indigenous Peoples are reshaping modern economies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Darren Godwell, Co-Chair, IgNITE, Asha Nooh, Inclusive Trade Team Member, World Economic Forum Tremendous growth potential exists for the global Indigenous economy. Increased participation of Indigenous businesses in trade and policy development has the potential to unlock mutual […]

Four ways retail investors can take control of their financial future

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Meagan Andrews, Community Curator, Investors Industries, World Economic Forum, Sofia Eckrich, Project Fellow, Future of Capital Markets, World Economic Forum Global financial markets are experiencing a period of volatility, but that does not mean people should stop investing […]

To build financial resilience, we need to promote savings

This article is brought to you in association with the European Commission. Many people worldwide don’t have the ability to cope with a financial emergency such as a sudden loss of income or an unexpected expense. According to the Global Findex Database, 55% of adults in developing economies could reliably access emergency money in a one-month […]

Is it just the heat, or does the concept of ‘uneconomic growth’ make a lot more sense now?

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 Fixating on GDP gains may incur self-defeating environmental costs. Some experts advocate for a ‘steady-state’ model to curb this ‘uneconomic’ growth. The idea may seem particularly compelling as heatwaves […]

Opinion: Why we need to shift towards a destination-based corporate tax system for a fairer world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nir Yaacobi, Lecturer in economics, Israel Academic College More than 130 countries have agreed to set a minimum global corporate tax rate of 15% from 2023, under the OECD’s global tax deal. But these rules are just further […]

Amid global economic woes, unicorns continue to thrive

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Spencer Feingold, Digital Editor, Public Engagement, World Economic Forum Coined in 2013, the term unicorn refers to a venture capital-backed company valued at $1 billion or more. So far this year, over 200 new unicorns have emerged. Unicorns, […]

How trade can become a gateway to climate resilience

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Molly Harriss Olson, CEO, Fairtrade Australia and New Zealand Climate change is expected to severely hamper many sectors of global trade in the near future. But, if exporting countries adopt sustainable and climate-resilient practices, global trade can be […]

Davos 2022: What next for global growth?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Robin Pomeroy, Podcast Editor, World Economic Forum Economists Gita Gopinath and Mariana Mazzucato, and industrialist Jim Snabe spoke at Davos 2022 at a session called, What next for global growth? Watch the session here. Subscribe to the podcast […]

What I learned at Davos 2022 about the future of finance

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Huw van Steenis, Co-chair, Global Future Council on Responsive Financial Systems, The World Economic Forum Davos 2022: The nature of the big transitions dominated sobering business and investor debates. The biggest worries are macro regime change, the mobilisation […]

How do we resolve interdependent global challenges in a fragmented world?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Aron Cramer, President and Chief Executive Officer, BSR Recent shocks have exacerbated deep divisions and inequities worldwide. At the same time, an urgent need to address shared global challenges persists, giving rise to the question of resolving challenges […]

How digital tech can turbo-charge the social economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jean-Philippe Courtois, Executive Vice President & President, National Transformation Partnerships, Microsoft & François Bonnici, Director, Schwab Foundation for Social Entrepreneurship; Head, Social Innovation, World Economic Forum Digital strategies are key to scaling innovative social enterprises towards sustainable development […]

5 reasons why the G20 needs a sustainable blue economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Luhut B. Pandjaitan, Coordinating Minister for Maritime Affairs and Investment, Coordinating Ministry for Maritime Affairs of Indonesia, Andrew Forrest, Chair, Minderoo Foundation, Australia; Member of Friends of Ocean Action Ocean-based climate solutions should be a critical part of […]

3 ways we can collaborate better for a stronger circular economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jacqueline Poh, Managing Director, Singapore Economic Development Board Only 8.6% of the world is currently circular, and this proportion needs to almost double to shrink the global carbon footprint and address other critical environmental challenges. Collaboration is needed […]

How can we protect food systems against global shocks? Here’s what business leaders say

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tania Strauss, Head, Strategy and Global Projects, Food Systems Initiative, World Economic Forum Food systems are essential to life and currently account for around 12% of global GDP and over 40% of all jobs.The world is suffering from […]

How to build resilience in emerging economies? Support small businesses

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Susan de Witt, Daniel Asare-Kyei, CEO, Esoko, Ghana & Joel Barnor, Africa Hub Director, Sustainable Development Investment Partnership, World Economic Forum Readily available SME finance is a requisite of resilient economies. Opening new pathways for small business finance […]

Investing in education could add $2.54 trillion to the global economy: ‘Playful learning’ is key

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bo Stjerne Thomsen, Chair, Learning through Play, The LEGO Foundation When education was massively disrupted by COVID-19, many children were already facing disruption posed by climate change and the Fourth Industrial Revolution. To enable children to thrive, society […]