How startups drive economic recovery while growing responsibly

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jeremy Jurgens, Managing Director, World Economic Forum Startups are crucial in bringing about societal change as well as driving economic recovery and responsible growth. Ahead of Davos 2022, we asked the CEOs of Global Innovators and Technology Pioneers […]

Five ‘Monday morning priorities’ for private equity investors looking to progress on sustainability

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Shrinal Sheth, Project Lead, Financial Innovation, World Economic Forum, Meagan Andrews, Community Curator, Investors Industries, World Economic Forum, Vinay Shandal, Managing Partner and Director, Principal Investors and Private Equity in Canada, Boston Consulting Group, Greg Fischer, Partner and […]

3 ways the circular economy is vital for the energy transition

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: James Pennington, Associate Director, Circular Economy Lead, Deloitte Reaching net-zero goals is a massive undertaking, requiring an urgent systems-wide change in how we live and work. Making the needed changes at speed to support the energy transition is […]

How digital payments are enabling a shift away from the cash economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Justine McIntyre, Public Relations Advisor, PemPem In Indonesia, a majority of transactions between smallholder producers and buyers are still carried out with cash payments. This is risky as it makes all stakeholders vulnerable to errors, fraud and theft. […]

Special Economic Zones: How one city helped propel its country’s economic development

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Richie Santosdiaz, Executive Economic Development Advisor, The Corporate Group Special Economic Zones (SEZs) have been established to liberalize economic regulation in a country and promote economic development. Schenzen’s SEZ in China is a success story and the country, […]

5 circular economy business models that offer a competitive advantage

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Henrik Hvid Jensen, Chief Technology Strategist NEE, DXC Technology Concerns about climate change mean the transition to a circular economy is gathering pace. Strengthened by attractive business models, political support and societal pressure, the circular economy will become […]

Want to drive inclusive economic growth? Start with manufacturing

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Asutosh Padhi, Managing Partner, North America, McKinsey & Company The decline of the United States’ manufacturing industry has driven inequality and hurt its global competitiveness. Revitalizing manufacturing could add 1.5 million well-paid jobs to the economy and reinvigorate […]

EU invests over €1 billion in innovative projects to decarbonise the economy

This article is brought to you in association with the European Commission. The European Union is investing over €1.1 billion into seven large-scale innovative projects under the Innovation Fund. The grants will support projects aiming to bring breakthrough technologies to the market in energy-intensive industries, hydrogen, carbon capture, use and storage, and renewable energy. The projects […]

Circular economy: Commission takes action against five Member States to improve waste management

This article is brought to you in association with the European Commission. Annual waste generation from all economic activities in the EU amounts to 2.5 billion tonnes, or 5 tonnes per capita a year, and each citizen produces on average nearly half a tonne of municipal waste. In its Circular Economy Action Plan, the Commission has […]

In a quantum future, our economy needs to be protected. A cybersecurity expert explains why 

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Abhinav Chugh, Acting Content and Partnerships Lead, World Economic Forum The dawn of the quantum computing age brings with it many potential new risks – including those related to security. Government agencies and industry groups have expressed a […]

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, […]

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 […]

These Dutch cities are using the circular economy to conserve water

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 Netherlands has a national strategy to fully embrace the circular economy by 2050. Amsterdam is working with utility companies to recycle used water. Rotterdam is filtering medicine residues from wastewater to […]

How to create a transparent digital economy and rebuild consumer trust

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lorenzo Miláns del Bosch, Partner, Communications, Media and Technology, Oliver Wyman (MMC) The digital economy in the US is expanding four times faster than the overall economy. Yet consumers remain concerned about the way data is collected and […]

EU invests €122 million in innovative projects to decarbonise the economy

This article is brought to you in association with the European Commission. For the first time since the creation of the Innovation Fund, the European Union is investing €118 million into 32 small innovative projects located in 14 EU Member States, Iceland and Norway. The grants will support projects aiming to bring low-carbon technologies to the […]

4 ways regulators must keep up with the global digital economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lisa Quest, Partner; Head, Public Sector, United Kingdom & Ireland, Oliver Wyman Group (MMC) & Jo Ann Barefoot, Founder, CEO, Alliance for Innovative Regulation & Owain Service, Founder, CEO, The Cognition Company Governments must learn how to regulate […]

How defining intangible investments can help grow the knowledge economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Eric Hazan, Senior Partner, McKinsey & Company & Sven Smit, Co-chair, McKinsey Global Institute, and Senior Partner, McKinsey & Company, Amsterdam The definition of intangible assets needs updating to include the knowledge and skills that underpin them. New […]

Commission (Eurostat) publishes first statistics on short-stay accommodation booked via collaborative economy platforms

This article is brought to you in association with the European Commission. Eurostat, the statistical office of the European Union, published today first key data on short-stay accommodation booked via four private platforms active in the tourism sector. This is a result of the March 2020 landmark agreement between the Commission and Airbnb, Booking, Expedia Group […]

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 tech is helping Egypt’s informal recyclers build a circular economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Laila Iskandar, Founder and Member of the Board, CID Consulting Cairo’s informal waste collectors (zabbaleen) are a distinctive part of the city’s street culture and currently collect 50-60% of its waste. A group of multinationals, backed by Egypt’s […]

10 ways American workers view their future economic opportunities

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 Identity, childcare and financial instability are among the reported barriers to future prosperity. Black respondents were 4.5 times more likely than white respondents to say their race was a barrier to future […]

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 […]

Circular economy: Commission provides guidance for harmonised application of Single-Use Plastic rules and advances on monitoring of fishing gear

This article is brought to you in association with the European Commission. Today, the European Commission provides guidance on the EU rules on single-use plastics and adopts an Implementing Decision on the monitoring and reporting of fishing gear placed on the market and waste fishing gear collected. These rules aim to reduce marine litter from single-use […]

The European Union outlines a €3 billion economic support package to a future democratic Belarus

This article is brought to you in association with the European Commission. Today, the European Commission is presenting to the Council its outline for a comprehensive plan of economic support to a future democratic Belarus. The plan, of up to €3 billion, reflects the European Union’s commitment to support the Belarusian people’s wishes for a peaceful […]

A €17.5 bn fund to ensure no one is left behind on the road to a greener economy

This article is brought to you in association with the European Commission. The Just Transition Fund will help EU countries address the social and economic impact of the transition to climate neutrality. The package comprises €7.5 bn from the 2021-2027 Multiannual Financial Framework and an additional €10 bn from the EU Recovery Instrument. To be eligible, […]

Spring 2021 Economic Forecast: Rolling up sleeves

This article is brought to you in association with the European Commission. The Spring 2021 Economic Forecast projects that the EU economy will expand by 4.2% in 2021 and by 4.4% in 2022. The euro area economy is forecast to grow by 4.3% this year and 4.4% next year. This represents a significant upgrade of the […]

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 […]

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 […]

The circular economy transition is a multi-million opportunity for Africa – here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Al-Hamndou Dorsouma, Acting Director Climate Change & Green Growth, African Development Bank The circular economy offers a promising opportunity for economic development, value creation and skills development for Africa. New research shows that creating five new industries in […]

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 […]

Panama’s fight for a delayed right: women’s economic independence

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 • Panamanian women, like women around the world, have been disproportionately affected by the COVID-19 pandemic. • Panama was one of the first countries to partner with the Equal Pay International Coalition. […]