Rising interest and depreciating exchange rates are driving capital back to developed nations—and closing doors to credit for developing countries. …
#AMNC23
The World Economic Forum's 14th Annual Meeting of the New Champions took place in Tianjin, China, from 27-29 June. Global leaders came together for discussions on the theme "Entrepreneurship: The Driving Force of the Global Economy". Here are the highlights from the Meeting.
Steel – a key ingredient in our modern world, used in everything from buildings to bicycles – is very CO2 intensive. Its production is responsible …
In the past decade, the diffusion of digital technologies was a main driver of global economic development. The digital economy accounted for 55.7% …
Data is increasing efficiency and improving outcomes on all fronts of the economy and society, perhaps most critically in advancing sustainability …
The last time the World Economic Forum held its “Summer-Davos” in Tianjin, China, in 2018, experts predicted artificial intelligence (AI) would be a …
From the Ground
Key decision-makers have been discussing how we can work together to accelerate global energy goals at the World Economic Forum's 14th Annual Meeting …
Over the past 10 years, China’s policy-makers have made great progress in developing its marine economy, aiming to strike the right balance between …
China has identified a pathway for transforming health systems through its Healthy China 2030 vision. As the country now gradually lifts restrictions …
Exhaust emissions account for about 75% of the total emissions attributed to mobility globally. Consequently, the industry's efforts to meet the …
Meet the New Champions
Deserts account for one-fifth of Earth’s land coverage. This fraction of our planet is continuously put at risk by increased and extended droughts, …
The World Economic Forum is collaborating with Accenture on the Clean Power for Industry initiative. It aims to help accelerate the transition of …
As global climate governance ushers in the ‘implementation’ stage of efforts to reach net zero, green hydrogen is widely regarded as one of the …
“China's support for the implementation of this agreement is critical to multilateral efforts to safeguard oceans, food security, and livelihoods,” …
Ever since China announced it will go carbon neutral before 2060 three years ago, there’s been a heated debate over whether to prioritize economic …
Payments are the backbone to the global trade and the digital economy with many innovations coming out of the private sector. Payments serve as the …
The world is making progress in decarbonization and infrastructure development, as presented in the 2023 Fostering Effective Energy Transition …
Today’s business landscapes are being defined and transformed by climate change, digital transformation, changing expectations for the role of …
The experience of recent years has underlined how crucial a secure, affordable and sustainable energy system is to growth in our economies and to …
According to a report published in the journal Science, the El Niño climate patterns are expected to have a significant impact on weather patterns …
From predicting which patients are most likely to develop heart disease to creating personalised cancer vaccines, artificial intelligence (AI) is …
The last few years have shaken global resilience. Shocks, such as the COVID-19 pandemic, wars, runaway inflation and the skirting of recession by …
As the world grapples with parallel shocks or 'polycrises', there has been a growing sense of geopolitical fragmentation as economies navigate …
Consumer industries play a crucial role in national and global economies by providing essential everyday products that enhance people's wellbeing and …
Leaders are constantly faced with the task of balancing short-term and long-term pressures in an ethical manner that benefits all stakeholders. This …
As the second-largest economy in the world, China plays an important role in guiding global economic prosperity. Known as the global manufacturing hub …
The global battery industry is undergoing a significant transformation, driven by increasing demand for batteries and electric vehicles (EVs). We are …
Nevertheless, at a time when the world economy is facing major challenges, several key economic indicators are showing positive upward trends. Major …
For employees across every industry, it is no longer just another day at work. Every aspect of the working environment is being redefined as …
Most science, technology, engineering and mathematics (STEM) graduates in the Middle East are women and tapping into this valuable resource is a key …
Small- and medium-sized enterprises (SMEs) and mid-sized companies are considered the 'backbone' of the global economy, creating close to 70% of jobs …
The world is currently mired in a low growth environment, with the latest IMF forecasts projecting 2.8% global growth in 2023 and 3.0% in 2024 – …
As the urgency to combat climate change and safeguard the environment intensifies, manufacturing and industrial companies worldwide are stepping up …
If 2022 was the year for setting net-zero targets, 2023 is about ensuring delivery and preparation for disclosure. On 26 June, the International …
A nation loses critical energy supplies and looks for alternatives, balancing its near-term needs against longer-term sustainability goals. Most …
In an era where online shopping, from electronics to clothing, is the norm, we have seen a rapid surge in digital payment solutions and e-commerce …
When Claudia Sheimbaum Pardo became Mayor of Mexico City 2018, she wanted a new approach to tackling the city’s most pressing problems. Crime was at …
More than 20 years ago, author Malcolm Gladwell wrote a best-seller called The Tipping Point. He was fascinated by “the moment of critical mass, the …
The impact of Artificial Intelligence (AI) on digital services is quickly becoming apparent. Tools like ChatGPT, Bard, and GitHub Copilot are …