3 ways your business can build a community economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Tiffany Xingyu Wang, Chief Marketing Officer, OpenWeb The way we interact online is undergoing a massive shift, away from an emphasis on creator-led content and towards more community-driven connection. Web3 is the next iteration of the internet, in […]

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, […]

Three laws will triple US climate change spending over the next decade

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 Technology at a very early stage of development – or maybe not even invented yet – will be vital for the world to combat climate change. In the United States, policy-makers have […]

State of the EU: Ukraine, energy, climate change, economy

This article is brought to you in association with the European Parliament. In the annual State of the European Union debate, MEPs quizzed President von der Leyen on the Commission’s work in the past year and its upcoming plans. Opening the debate, EP President Roberta Metsola said: “It is a special honour to have Olena Zelenska […]

Averting an energy crisis requires bold investment in renewable energy — particularly in developing economies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mili Fomicov, Researcher, Centre for Climate Finance & Investment, Imperial College London, Olivia Zeydler, Programme Analyst, Energy, Materials Infrastructure Platform, World Economic Forum A spate of disturbing geo-political events and the growing frequency of adverse climate events have […]

Using stuff longer: Does the shift to a circular economy have a simple solution?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mo Chatterji, Manager, Kearney Hundreds of millions of tonnes of waste end up in landfills yearly – actual wastelands of everything from mattresses to electrical equipment to unworn clothes, determined to be worthless and no longer needed. Extending […]

How climate education can be used to address social and economic challenges

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Luis Antonio Ramirez Garcia, Founder and General Director, Sin Planeta B An important outcome of COP26 was the Glasgow work programme on Action for Climate Empowerment (ACE). This promotes the integration of climate change learning in schools and […]

Should you go freelance? Here’s what you need to know about the gig economy

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, Kate Whiting, Senior Writer, Formative Content Beside a pool. In a log cabin. In your pyjamas. Working wherever and whenever you like can seem like a very attractive option. And businesses […]

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 […]

Russian ruble: How resilient against sanctions is Russia’s economy?

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 & Minji Sung, Data Visuals and Content Specialist, Strategic Intelligence, World Economic Forum In many ways Russia’s economy seems to have successfully weathered the sanctions applied in response to […]

EU Cohesion Policy: more than €1 billion for Cyprus for economic and social development and a fair green transition in 2021-2027

This article is brought to you in association with the European Commission. Following today’s adoption of the Partnership Agreement, the single operational programme and the Just Transition Plan for Cyprus, the EU will invest a total of more than €1 billion in the country between 2021 and 2027. The Partnership Agreement lays down Cyprus’ investment strategy […]

A sustainable path to lasting recovery for Small Island Developing States lies in the ocean and the building of a robust blue economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Shiri Krishna Gounder, Permanent Secretary for Ministry of Economy, Government of Fiji Reliant on tourism and trade, Small Island Developing States (SIDS) were among the hardest hit globally by the economic impact of COVID-19. Fiji and other SIDS […]

The ‘crypto winter’ is here. But what is it and what does it mean for the wider economy?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Read, Senior Writer, Formative Content The cryptocurrency market is in turmoil, with steep price falls across the sector. Industry leaders are warning of a “crypto winter”, with prices staying low for a long time. Major crypto exchanges […]

Our waste is valuable: how one company is creating a circular economy for plastics

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jean-Marc Ollagnier, CEO, Accenture in Europe & Jeremy Jurgens, Managing Director, World Economic Forum Just 9% of the world’s plastics waste is recycled, yet plastics have a wide range of applications – from packaging to cars and textiles. […]

Degrowth – what’s behind the economic theory and why does it matter right now?

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 Degrowth is a radical economic theory born in the 1970s. It broadly means shrinking rather than growing economies, to use less of the world’s dwindling resources. Detractors of degrowth say economic growth […]

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 […]