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. […]

17 innovations accelerating the transition to a circular economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emanuela Orsini, Digital Content Specialist, World Economic Forum Geneva The Circulars Accelerator Cohort 2021 is supporting innovators to scale their ideas for a more circular economy. The circular economy, which aims at reducing and eliminating waste and continuing […]

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 […]

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 […]

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 […]

3 priorities to shape the post-pandemic financial system

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Huw van Steenis, Senior Adviser to the Chief Executive Officer, UBS & Alice Law Shing-Mui, Deputy Chairman and Managing Director, Hong Kong Mandatory Provident Fund Authority COVID-19 has sharpened the understanding that climate change could upend the financial […]

How to navigate a stop-and-start pandemic economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bruce Spear, Partner, aviation practice, Oliver Wyman & Patrick Daoust, Partner, operations practice, Oliver Wyman & Edwin Anderson PhD, Partner, financial services practice, Oliver Wyman Recurring coronavirus outbreaks are creating an unprecedented stop-and-start economy; Companies successfully navigating this […]

Key quotes from China’s Premier Li on COVID-19, the economy and US relations

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. China’s Premier Li Keqiang shared his thoughts with business leaders during a virtual World Economic Forum Special Dialogue, at a critical time for a world economy battered by the COVID-19 pandemic. Addressing China’s efforts to shore up its domestic […]

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 […]