This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Amitabh Behar, Chief Executive Officer , Oxfam India According to the UN Secretary-General, reducing inequality is one of the worst performing Sustainable Development Goals.The inequality crisis undermines any chance we have to secure human progress and planetary survival.Here […]3 key actions to help bridge the inequality gap
September 12, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Amitabh Behar, Chief Executive Officer , Oxfam India According to the UN Secretary-General, reducing inequality is one of the worst performing Sustainable Development Goals.The inequality crisis undermines any chance we have to secure human progress and planetary survival.Here […]Why financial inclusion is so critical to climate resilience
September 11, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sophie Sirtaine, CEO, CGAP, Henry Gonzalez, Deputy Executive Director & Chief Investment Officer, Green Climate Fund The global climate focus is now shifting to include more resilience and adaptation. Much of the discourse, activity and funding revolves around […]Green trade will be the focus of this year’s WTO Public Forum. Here’s everything you need to know
September 8, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Forum Agenda First there was globalization. Then came talk of deglobalization. Are we now heading for greenbalization? “The future of trade is green,” says World Trade Organization (WTO) Director-General: Ngozi Okonjo-Iweala. “Trade can support […]Applying a circular economy mindset will help ensure a water-secure future
September 5, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ryan Lynch, Practice Director of BSI’s Sustainability Practice, BSI Water provision and use contribute 10% of global emissions, while drought could affect as many as 75% of the world’s population by 2050.Ensuring a water-secure future could be as […]Why we need to be realistic about generative AI’s economic impact
September 4, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Philipp Carlsson-Szlezak, Global Chief Economist, Boston Consulting Group, Paul Swartz, Director and Senior Economist, BCG Henderson Institute, Francois Candelon, Global Director, BCG Henderson Institute, Boston Consulting Group The astonishing pace of technological progress over recent decades has failed […]Here are 3 innovative ways to manage the challenge of financing the energy transition in developing economies
August 23, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ewan Thomson, Senior Writer, Forum Agenda Clean energy investment in emerging economies is vital for our global decarbonization efforts. But the poorest countries in the world cannot fund their energy transitions without significant international investment. Despite accounting for […]The US Inflation Reduction Act one year on – what’s been achieved for the green economy?
August 23, 2023 by 3 Comments
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Forum Agenda For a piece of legislation aimed at slowing price rises, the United States’ Inflation Reduction Act (IRA) has had a big impact on the environment. In fact, many experts have credited the […]The ASEAN region is the world’s economic dark horse. Here’s why
August 22, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Arsjad Rasjid, Chair, ASEAN Business Advisory Council When looking at drivers of economic growth, ASEAN is a region sometimes overlooked for its potential and overshadowed by economic powerhouses such as China and the United States. Yet in recent […]Indian inflation at 15-month high and other economics news to read this week
August 21, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda 1. India’s inflation hits 15-month high India’s annual retail inflation hit a 15-month high in July, driven by rising vegetable and cereal prices. Inflation rose to 7.44% during the month, up sharply from […]International trade: What you need to know this month
August 16, 2023 by 4 Comments
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jean-Francois Trinh Tan, Lead, Metrics and Benchmarking, World Economic Forum This monthly roundup brings you a selection of the latest news and updates on global trade. Top international trade stories: Ukraine opens ‘humanitarian corridor’ for grain exports; Services […]Should we be worried about deflation?
August 11, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gabi Thesing, Senior Writer, Forum Agenda While the developed world continues to grapple with the fallout from surging inflation over the past year, there are concerns about international deflation pressures.Deflation is a sustained fall in prices that can […]How the cost of living crisis affects young people around the world
August 9, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Forum Agenda Younger workers have been hit hard by the rising cost of living, according to a new survey.Gen Z and millennials are losing hope of owning their own homes and even starting a […]Banks could hold the key to an equitable climate transition
August 3, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Beal, Partner and Director, Global Lead of Social Impact and Just Transition in Financial Institutions, Boston Consulting Group Climate action can bring unintended social and environmental consequences necessitating a just transition.Banks are positioned to aid the climate […]IMF raises global growth prospects, and other economics news to read this week
August 2, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda 1. IMF raises prospects for the global economy The International Monetary Fund (IMF) has slightly raised its global GDP growth estimates for 2023. However, it continues to warn about persistent challenges over the […]Climate foreign direct investment: Here’s everything you need to know
July 26, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kimberley Botwright, Head, Sustainable Trade, World Economic Forum, Matthew Stephenson, Head, Investment Policy and Practice, World Economic Forum It is well known that large volumes of climate finance are urgently needed. At last year’s United Nations climate gathering […]US may already be in recession, and other economics stories to read this week
July 21, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gabi Thesing, Senior Writer, Forum Agenda 1. Key US index points to recession A 15th monthly fall in a row for an index tracking US business cycles indicates that the world’s largest economy may already be in recession. […]What is supercritical water oxidation and how can it ensure a truly circular economy?
July 11, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Michael van den Berg, ACT Fund Investment Director, Common Fund for Commodities Circular economy and recycling are key to tackling the growing waste crisis.However, a paradox arises when we examine the environmental footprint of these activities, as they […]Getting economic statecraft right in the new era of competition and cooperation
July 11, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alexis Crow, Partner; Global Head, Geopolitical Investing, PwC, Danny Quah, Dean and Li Ka Shing Professor in Economics, Lee Kuan Yew School of Public Policy, National University of Singapore National security is quickly moving to the top of […]Investors raise bets on central banks triggering global recession, and other economy stories to read this week
July 10, 2023 by 3 Comments
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gabi Thesing, Senior Writer, Forum Agenda 1. Investors raise bets central banks pushing global economy into recession Bond investors are increasingly betting on central banks taking policy tightening too far and tipping their economies into recession. Headline inflation […]This bank is boosting financial inclusion by rethinking how money moves internationally
July 6, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Michael van den Berg, ACT Fund Investment Director, Common Fund for Commodities Transferring money to some hard-to-reach regions can take days. Often several intermediaries are involved – and a small mistake can cause a whole chain of transactions […]Soaring global debt and hiked interest rates are creating a big issue for developing countries. Here’s why
July 3, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Spencer Feingold, Digital Editor, World Economic Forum Rising interest and depreciating exchange rates are driving capital back to developed nations—and closing doors to credit for developing countries. The situation, experts say, is forcing developing countries to borrow at […]If a circular economy is the goal, microfactories are the solution
June 30, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Revital Nadiv, Co-Founder, Re-Fresh Global, Viktoria Kanar, Co-Founder, Re-Fresh Global, Marielle Turkowski, Content Writer, Re-Fresh Global Textile waste is a serious challenge. Every year, 92 million tonnes of textile waste cause around 10% of all CO₂ emissions. The […]Future of payments: How central banks are driving innovation
June 29, 2023 by Leave a Comment
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 Payments are the backbone of global trade and the digital economy, with many innovations coming out of the private sector.However, now central banks are racing to build and define […]Will trade and climate clash or align? 4 future scenarios played out
June 26, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tim Figures, Associate Director, EU & Global Trade and Investment, Boston Consulting Group, Kimberley Botwright, Head, Sustainable Trade, World Economic Forum, Soumyajit Kar, Specialist, Sustainable Trade, World Economic Forum As efforts to slow the process of climate change […]Could a wealth tax ever be a workable climate fix?
June 23, 2023 by 1 Comment
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 When West Germany needed to rebuild after World War II, it knew where to find a ready supply of financing. The 50% wealth tax, or “burden sharing act” that […]Does ‘universal basic income’ work? These countries are putting it to the test
June 23, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Torkington, Senior Writer, Forum Agenda Τhis article was first published on 9 March 2022. It has been updated on 22 June 2023. When times are hard we could all use a little help. For 30 people in […]Global Value Chain Barometer Q2/2023: The calm before a storm?
June 22, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Kyriakos Triantafyllidis, Head of Growth and Strategy, Centre for Advanced Manufacturing and Supply Chains, World Economic Forum, Per Kristian Hong, Senior Partner, Strategic Operations, Kearney Manufacturers around the globe are still facing a highly volatile market environment marked by […]Has globalization taken off in a new direction?
June 21, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Matteo Barale, Chief Executive Officer, Pix Moving The COVID-19 pandemic has left an indelible mark on society, prompting significant shifts in various facets of life.This has resulted in new trends in globalization and production supply chains and innovations […]9 ways young people are building the social and solidarity economy
June 15, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Kenneth Kwok, Founder and Chief Executive Officer, Global Citizen Capital In April 2023, the United Nations General Assembly (UNGA) adopted a resolution promoting the social and solidarity economy for long-term sustainable development through the advancement of the 17 Sustainable […]The latest on the world economy, according to the OECD
June 12, 2023 by 3 Comments
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Forum Agenda Global GDP will grow 2.7% this year and 2.9% in 2024, the OECD predicts.Inflation is falling in most major economies, but core inflationary drivers remain stubborn.Real wage decline is expected to end […]Future of banking: 5 trends reshaping a sector in turmoil
June 8, 2023 by 2 Comments
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, Lutfey Siddiqi, Visiting Professor-in-Practice, London School of Economics and Political Science The banking sector has been severely disrupted in recent years by events such as COVID-19, the […]Blue economy: how business leaders and scientists are improving ocean health
June 8, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Friends of Ocean Action at the World Economic Forum, alongside partners, is bringing together global business leaders and scientists to tackle climate change, equity and biodiversity loss.The 100 largest companies by revenue in the blue economy earned over $1 […]US debt ceiling suspended, and other economy stories you need to read this week
June 5, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Joe Myers, Writer, Forum Agenda 1. US passes bill to suspend debt ceiling The United States House of Representatives and the US Senate have passed a bill to suspend the country’s $31.4 trillion debt ceiling. There was support for […]
