• WEF Founder Klaus Schwab co-authors book The Great Reset.
  • Sets out principles of rebuilding a better world post-COVID.
  • New Nature Economy report makes case for greener business.
  • Subscribe to podcasts: World Vs Virus and The Great Reset.

As business leaders and policy makers around the world come to terms with the impact of the coronavirus pandemic, what should be their priorities? Do we aim to get back to where we were before, or should we take the opportunity to make society fairer, smarter and greener, and get humanity off the road to climate catastrophe - a 'great reset'?

That's the subject of a new book by Klaus Schwab, Founder and Executive Chairman of the World Economic Forum and Thierry Malleret, Co-Founder of Monthly Barometer.

“We are at a turning point of humankind - we should not underestimate the historical significance of the situation we are in," Prof Schwab said at a virtual book launch this week. You can watch it all here and listen to highlights on this podcast.

The Great Reset by Klaus Schwab and Thierry Malleret can be ordered here.

On the same theme, Costa Rican President Carlos Alvarado Quesada told a separate event: “If we want to build back better we don't have to look back … to be as a planet as we were in January 2020 - we need to look forward to a whole new reality.”

He was speaking at the launch of The Future Of Nature And Business, the second in a series of reports on the theme of the New Nature Economy.

The report looks at a vast array of business sectors to see how they could be made to work with nature, rather than merely exploiting the natural world. A possible blueprint for the Great Reset, the report makes an impressive claim: if businesses start to prioritize nature, that could add 395 million new jobs globally by 2030.

Capital investment required to capture opportunities in the three systems is around $2.7 trillion annually
Costs and opportunities.
Image: The Future of Nature and Business report

“We can address the looming bio-diversity crisis and reset the economy in a way that creates and protects millions of jobs,” said Akanksha Khatri, Head of the Nature Action Agenda at the World Economic Forum.

“Public calls are getting louder for businesses and government to do better. We can protect our food supplies, make better use of our infrastructure and tap into new energy sources by transitioning to nature-positive solutions.”

You can download the report here, watch the whole online press conference here, and listen to highlights on the podcast.

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