This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Ribhu Ranjan Barua, Project Lead, Biodiversity Finance Initiative, World Economic Forum The world is experiencing a catastrophic fall in biodiversity. Not only is this an environmental disaster, it can also lead to financial ruin; $44 trillion of economic value […]The compelling reason why the financial sector must invest in boosting Earth’s biodiversity
May 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: Ribhu Ranjan Barua, Project Lead, Biodiversity Finance Initiative, World Economic Forum The world is experiencing a catastrophic fall in biodiversity. Not only is this an environmental disaster, it can also lead to financial ruin; $44 trillion of economic value […]How the financial sector can spur the industrial economy’s green transition
January 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: Richard Ming-Hsing Tsai, Chairman, Fubon Financial Holding The Global Carbon Budget 2022 found few signs that carbon emissions are declining and warned that, at current emissions levels, there is a 50% likelihood that global warming would surpass 1.5°C in […]How blockchain is addressing key problem patterns in the financial services sector
May 5, 2020 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Robert Crozier, Board Member, B3i; Head of Global Blockchain Centre of Competence Chief Architect, Customer Platforms, Allianz Technology Three years ago, I confidently declared that the global insurance industry was on the cusp of a technological revolution that […]IMF’s Lagarde: Estimating Cyber Risk for the Financial Sector
June 23, 2018 by Leave a Comment
This story is brought to you in association with the International Monetary Fund Written by Christine Lagarde, IMF’s Managing Director Average annual losses to financial institutions from cyber-attacks could reach a few hundred billion dollars a year (photo: Eti Ammos/iStock by Getty Images) Cyber risk has emerged as a significant threat to the financial system. […]Conflicting statistics and bad banks haunt the Eurozone
May 19, 2016 by Leave a Comment
Last week, Eurostat, the EU statistical service, released its flash estimate of the GDP of the first quarter of 2016, finding it, in both the Eurozone and the EU28, to be 0.5% bigger in comparison to the previous period. In the fourth quarter of 2015, GDP had also grown by 0.3% and 0.4% respectively. Does […]
