This is how fintech can help implement a green economy "The world is moving towards sustainable economic models which by 2030 could create economic opportunities worth $12 trillion a year. Through technologies such as advanced data analytics, blockchain or artificial intelligence, fintech can help companies to evaluate and reduce their environmental impact, and investors to channel their operations towards more sustainable assets."
Ocean-impact leaders to showcase development opportunities in the African blue economy Africa's ocean economy is at the top of the continent's political agenda and seen to be a major contributor to continental transformation. It is critical that current stakeholders ensure that this growth occurs in an environmentally and socially-conscious manner, core to which is support for the development and adoption of sustainable solutions. READ MORE
Pioneering a sustainable future
"The need to address the climate crisis is well established. Adding to an already detailed body of climate research, the 2021 IPCC Report from the UN makes clear the critical need for immediate and drastic climate action, and highlights the indisputable link between climate change and human activity."
What happened at the Sustainable Development Impact Summit? Radio Davos has this podcast round-up
The World Economic Forum’s fifth Sustainable Development Impact Summit was brought to a close last Thursday the 23rd. It closed with calls to shape a more sustainable and equitable future through public-private cooperation, leaders were urged to create partnerships that advance shared priorities and new initiatives and project milestones were advanced during the summit.
Economic recovery from COVID-19 relies on the green economy "Looking at the socio-economic blow South Africa was dealt by the pandemic, causing job losses and widespread devastation as well as exacerbating environmental issues, government must ensure economic recovery plans are heavily geared toward the development of the green economy." READ MORE
Costs of climate change far greater than green transition, says ECB The ECB conducted a climate stress test to calculate the potential impact of climate change on 4m companies and 1,600 banks in Europe over the next 30 years. They concluded that in a worst-case scenario where no action is taken to stop global warming, could knock 10 per cent off European gross domestic product and cause a 30 per cent rise in defaults on corporate loans to the most exposed companies.