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Rich countries could be asked to insure island states against climate disasters

A global insurance scheme could protect 100 vulnerable nations against the spiralling costs of storms, droughts and rising seas. Small island developing states face losses of 50-300% of GDP to hurricanes and other climate events. Until now, small island states were seen as untouchable in insurance terms but new research from Cambridge University and the insurer Howden shows coverage remains possible by modelling the likely risks they face and using premiums funded by ‘donor’ countries.

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This machine creates made-to-measure paper packaging

The immersive platform allows users to create personalized avatars and embark on a virtual journey through Seoul's iconic landmarks, including N Seoul Tower, Gyeongbokgung Palace, and the mayor's office.

Advanced manufacturing is being disrupted by geopolitical tensions, climate change and the rapid advance of the fourth industrial revolution. How can companies and governments work together more closely in order to adapt to these changes? Tune into the first episode of the Future of Advanced Manufacturing, where Francisco Betti, Head, Global Industries Team, World Economic Forum provides an overview of the challenges and opportunities associated with this changing global landscape. This six-part video series profiles leading global thinkers on the major trends shaping advanced manufacturing. Each episode explores a key topic, such as frontier technologies, the workforce of the future, sustainable manufacturing and collaboration. Learn more about the work of the World Economic Forum on advanced manufacturing here: https://www.weforum.org/centres-and-platforms/shaping-the-future-of-production

With the rapid advance of the fourth industrial revolution, what are the technologies driving the future of advanced manufacturing? Jay Lee, Clark Distinguished Professor and Director of Industrial AI Center at the University of Maryland, explores the trends and technologies shaping the factory of the future. The Future of Advanced Manufacturing video series profiles leading global thinkers on the major trends shaping advanced manufacturing. Each episode explores topics such as frontier technologies, sustainable manufacturing and the workforce of the future. Learn more about the work of the World Economic Forum on advanced manufacturing here: https://www.weforum.org/centres-and-platforms/shaping-the-future-of-production

Given that the industrial sector contributes 30% of CO2 emissions globally, what measures can business leaders and policymakers take to make this sector more sustainable? Barbara Frei, Executive Vice-President and Chief Executive Officer of Industrial Automation, Schneider Electric, outlines how advanced technologies are allowing organizations to achieve their sustainability goals. The Future of Advanced Manufacturing video series profiles leading global thinkers on the major trends shaping advanced manufacturing. Each episode explores topics such as frontier technologies, sustainable manufacturing and the workforce of the future. Learn more about the work of the World Economic Forum on advanced manufacturing here: https://www.weforum.org/centres-and-platforms/shaping-the-future-of-production

At a time when technology is rapidly transforming supply chains, how will today’s workers continue to play a central role in developing the manufacturing factories of the future? Kathy Wengel, Executive Vice-President and Chief Global Supply Chain Officer, Johnson and Johnson, explores how having an overall digital strategy is essential to defining how humans continue to play an essential role alongside technologies of the future. The Future of Advanced Manufacturing video series profiles leading global thinkers on the major trends shaping advanced manufacturing. Each episode explores topics such as frontier technologies, sustainable manufacturing and the workforce of the future. Learn more about the work of the World Economic Forum on advanced manufacturing here: https://www.weforum.org/centres-and-platforms/shaping-the-future-of-production

As the relationship between public and private sectors continues to evolve in a rapidly changing context, what does the future of manufacturing look like? Jacqueline Poh, Managing Director, Singapore Economic Development Board, outlines her vision for this relationship and the impetus to incorporate new technologies for smarter and greener manufacturing. The Future of Advanced Manufacturing video series profiles leading global thinkers on the major trends shaping advanced manufacturing. Each episode explores topics such as frontier technologies, sustainable manufacturing and the workforce of the future. Learn more about the work of the World Economic Forum on advanced manufacturing here: https://www.weforum.org/centres-and-platforms/shaping-the-future-of-production

In a time of unprecedented disruption to supply chains brought about by the pandemic and the impacts of climate change, how can companies adapt to this new context? Katy George, a Senior Partner, McKinsey & Company, explores the overall operation of supply chains and how companies can collaborate to meet common challenges. The Future of Advanced Manufacturing video series profiles leading global thinkers on the major trends shaping advanced manufacturing. Each episode explores topics such as frontier technologies, sustainable manufacturing and the workforce of the future. Learn more about the work of the World Economic Forum on advanced manufacturing here: https://www.weforum.org/centres-and-platforms/shaping-the-future-of-production

The Future of Advanced Manufacturing is a six-episode series that profiles leading global thinkers on the major trends shaping advanced manufacturing. Each episode explores topics such as frontier technologies, sustainable manufacturing and the workforce of the future.

The Future of Energy is a six-episode series that profiles leading thinkers on the global energy transition. Each episode explores topics such as industrial decarbonization, electrification, closing the energy access gap, energy security, and frontier technologies. Watch to learn more about the future of energy.

The world is facing an unprecedented energy crisis. How can we balance energy security, sustainability, and affordability in this new context? Roberto Bocca, Head of Shaping the Future of Energy and Materials with the Forum, provides an overview of key trends shaping the international energy landscape. The Future of Energy is a six-episode series that profiles leading thinkers on the global energy transition. Each episode explores topics such as industrial decarbonization, electrification, closing the energy access gap, energy security, and frontier technologies. Learn more about the work of the World Economic Forum on the energy transition here: https://www.weforum.org/centres-and-platforms/shaping-the-future-of-energy

Heavy industry accounts for around 30% of harmful global emissions. What measures can be taken to reduce the output of these destructive gasses rapidly? Conrad Keijzer, CEO of Clariant International, identifies how building market demand for low-carbon technology can allow us to achieve net zero by 2050. The Future of Energy is a six-episode series that profiles leading thinkers on the global energy transition. Each episode explores topics such as industrial decarbonization, electrification, closing the energy access gap, energy security, and frontier technologies. Learn more about the work of the World Economic Forum on the energy transition here: https://www.weforum.org/centres-and-platforms/shaping-the-future-of-energy

Against the backdrop of a rapidly accelerating climate crisis and geopolitical unrest, what role can electrification play in accelerating the global energy transition? Anna Borg, President and Chief Executive Officer of Vattenfall AB, offers her vision for electrification across society. The Future of Energy is a six-episode series that profiles leading thinkers on the global energy transition. Each episode explores topics such as industrial decarbonization, electrification, closing the energy access gap, energy security, and frontier technologies. Learn more about the work of the World Economic Forum on shaping the future of energy here: https://www.weforum.org/centres-and-platforms/shaping-the-future-of-energy

In Africa alone, 600 million people do not have access to electricity or other forms of energy. What are the immediate measures that must be taken to close this energy access gap? Leila Benali, Minister of Energy Transition and Sustainable Development of Morocco, lays out the type of investment measures required to tackle this crisis within the context of a broader energy transition. The Future of Energy is a six-episode series that profiles leading thinkers on the global energy transition. Each episode explores topics such as industrial decarbonization, electrification, closing the energy access gap, energy security, and frontier technologies. Learn more about the work of the World Economic Forum on energy transition here: https://www.weforum.org/centres-and-platforms/shaping-the-future-of-energy

Our world has never witnessed an energy crisis of this depth or this complexity. How can we ensure clean and secure energy in this difficult context? Fatih Birol, Executive Director of the International Energy Agency, outlines his vision for a diversified and sustainable energy supply of the future. The Future of Energy is a six-episode series that profiles leading thinkers on the global energy transition. Each episode explores topics such as industrial decarbonization, electrification, closing the energy access gap, energy security, and frontier technologies. Learn more about the work of the World Economic Forum on energy transition here: https://www.weforum.org/centres-and-platforms/shaping-the-future-of-energy

The rapid advance of green technology is transforming the energy landscape. What will be the next innovations that accelerate this growing trend? Andrew Forrest, Chairman and Founder of Fortescue Metals Group, lays out the case for green hydrogen as a major frontier technology that will shape the next stage of the energy transition. With a background in mining, Forrest is now diversifying his operations to an entirely green focus. The Future of Energy is a six-episode series that profiles leading thinkers on the global energy transition. Each episode explores topics such as industrial decarbonization, electrification, closing the energy access gap, energy security, and frontier technologies. Learn more about the work of the World Economic Forum on energy transition here: https://www.weforum.org/centres-and-platforms/shaping-the-future-of-energy

The Future of Capital Markets profiles global thought leaders on how capital markets can become more accessible to retail investors. Each episode explores topics such as the democratization of retail investing, leveraging technology for access, educating retail investors, building trust in capital markets and the future of retail investing.

With a growing number of nonprofessional investors accessing capital markets, many barriers still remain due to a lack of trust in financial institutions and financial literacy. How can nonprofessional investors overcome these obstacles and avail of the opportunities presented by capital markets? Matthew Blake, Head of Shaping the Future of Financial and Monetary Systems for the World Economic Forum offers a vision of the empowered investor of the future. The Future of Capital Markets is a five episode series that profiles global thought leaders on how capital markets can become more accessible to retail investors. Each episode explores topics such as the democratization of retail investing, leveraging technology for access, educating retail investors, building trust in capital markets and the future of retail investing. Learn more about the work of the World Economic Forum on capital markets here: https://www.weforum.org/topics/global-financial-system

With new retail investors facing bank instability and market volatility in many parts of the world, how can nonprofessional investors maintain trust in capital markets over the long term? Alexandra Soto, Group Executive, Human Capital and Workplace Innovation; Chief Operations Officer, Financial Advisory, Lazard explores the main factors shaping the market and ways in which these choppy waters can be navigated.

As the climate crisis intensifies, the financial sector has been quick to make commitments to achieve net zero, but how can these pledges be translated into tangible actions? Mark Carney, the vice chairman and head of impact investing at Brookfield Asset Management, shares his insights on how a revolution is taking place in financial systems. Accelerating Sustainable Finance is a four-episode series that profiles global thought leaders on how finance can mobilize to achieve net zero. The episodes explore topics such as the required business transformation, opportunities presented by technology, the net zero transition in emerging markets and the role of key market infrastructures.

Accelerating Sustainable Finance: With CO2 emissions still increasing and further exacerbating the climate crisis, how can companies decrease their harmful emissions to achieve a net zero green economy? Nili Gilbert, the Vice Chairwoman of Carbon Direct looks at how investors can achieve their targets by directing capital toward solutions along the asset class chain. Accelerating Sustainable Finance is a four-episode series that profiles global thought leaders on how finance can mobilize to achieve net zero. Each episode explores topics that include the required business transformation, opportunities presented by technology, the net zero transition in emerging markets and the role of key market infrastructures.

A perception exists that investing in climate solutions is too risky, particularly in emerging markets. How can this outlook be challenged to reassure investors? Makhtar Diop, Managing Director of the International Finance Corporation, explores how the deployment of first loss guarantees, clearer contracting guidelines and consistent regulation can accelerate the path toward a net zero transition. Accelerating Sustainable Finance is a four-episode series that profiles global thought leaders on how finance can mobilize to achieve net zero. Each episode explores topics that include the required business transformation, opportunities presented by technology, the net zero transition in emerging markets and the role of key market infrastructures.

Despite their growth, less than 5% of total financial assets today are sustainable. How can barriers be eliminated to allow issuers and investors to find each other in the marketplace of sustainable finance? Lieve Mostrey, CEO of Euroclear explores how market accessibility, transparency and regional adjustments are central to accelerating sustainable finance. Accelerating Sustainable Finance is a four episode series that profiles global thought leaders on how finance can mobilize to achieve net zero. Each episode explores topics that include the required business transformation, opportunities presented by technology, the net zero transition in emerging markets and the role of key market infrastructures.

Exactly one year ago, Russia invaded Ukraine. In this video, we examine how the horrors of war have changed the country and the world. One thing, however, has stayed the same - Ukraine remains resilient and continues to fight for the right to retain and develop its democracy. But why does it matter for the rest of the world? Timothy Snyder, historian and leading analyst of the Ukraine war, believes there are three trends that we have to know about to understand why Ukraine keeps fighting. Watch the full interview with Prof. Timothy Snyder.

Social movements are behind the most powerful changes in the world – from voting rights to political upheavals to the fight for racial equality. But how do you build a movement that unites millions of people and captures the attention of those in power? This episode of the World Economic Forum’s #ExpertsExplain series delves into the art of creating successful social movements with #HahrieHan, Professor of Political Science at #JohnsHopkinsUniversity. Han is also Inaugural Director of #SNFAgora Institute, using data and research to realise the promise of democracy all over the world, and an award-winning member of the Schwab Foundation for Social Enterpreneurship.

Stuart Russell is a world-leading computer scientist and a professor at the University of California, Berkeley. He’s also the author of the book Human Compatible. In this in-depth video interview, Professor Russell addresses our collective unease around the rise of artificial intelligence, exploring the impact on jobs and the scope of ‘general purpose’ AI, from the humble domestic thermostat to the attention-hungry bleeps and pings that keep us glued to our smartphones. “If you nudge somebody hundreds of times a day for days on end, you can move them a long way in terms of their beliefs, their preferences, their opinions,” says Russell. “Algorithms are having a massive effect on billions of people in the world. I think we’ve given them a free pass for far too long. You can also listen to Stuart Russell debating the promise and peril of AI in this podcast interview: https://open.spotify.com/episode/0VLO9mldvzsWu9MYEYbujc?si=hFJwG6mdTwarfyGwPLGhuw

The Future Of Real Estate

The Future of Real Estate is a five episode series that profiles global CEOs on the forces shaping our buildings and cities in a time of unprecedented change. Each episode explores topics that include hybrid work, housing affordability, resilience, decarbonization and real estate in the metaverse.

The pandemic has completely transformed how we work. With many companies embracing hybrid models, how can we rethink what an attractive workspace means in this new normal? Nathalie Palladitcheff, the President and CEO of Ivanhoé Cambridge explores how commercial office real estate can be redesigned to benefit both workers and wider communities. The Future of Real Estate is a five episode series that profiles global thought leaders on the forces shaping our buildings and cities in a time of unprecedented change. Each episode explores topics that include hybrid workspace, affordability, resilience, decarbonization and real estate in the metaverse. Learn more about the work of the World Economic Forum on real estate here: https://www.weforum.org/realestate #realestate, #CRE #design, #smartbuildings, #hybridwork, #office, #innovation, #sustainability, #greentech

House prices faced by homebuyers remain unsustainably high all over the world and the shortage of supply is only worsening. Jonathan Reckford, the CEO of Habitat for Humanity, looks at the reasons for this crisis and what can be done in the coming 24 months to try and address this challenge. The Future of Real Estate is a five episode series that profiles global thought leaders on the forces shaping our buildings and cities in a time of unprecedented change. Each episode explores topics that include hybrid workspace, affordability, resilience, decarbonization and real estate in the metaverse. Learn more about the work of the World Economic Forum on real estate here: https://www.weforum.org/realestate #housingmarket, #residential, #multifamily, #inflation, #affordability

Nearly 40% of global carbon dioxide emissions come from the real estate sector. How can we decarbonize our buildings rapidly enough to achieve net zero by 2050? Christian Ulbrich, the Global CEO and President of JLL, looks at the quickest and most effective ways that real estate can become net zero-carbon. The Future of Real Estate is a five episode series that profiles global thought leaders on the forces shaping our buildings and cities in a time of unprecedented change. Each episode explores topics that include hybrid workspace, affordability, resilience, decarbonization and real estate in the metaverse. Learn more about the work of the World Economic Forum on real estate here: https://www.weforum.org/realestate #CRE #greenbuidlings, #energyefficiency, #carbon, #climateaction, #netzero, #cop27, #sustainability, #decarbonization

As “once in a hundred year events” continue to happen with increasing frequency, the real estate sector is faced with a new level of risk. What measures can be taken to safeguard resilience on a personal, cultural and organizational level? Ahmed Ismail, CEO of Majid Al Futtaim Properties, reflects on how sustainability practices, embracing digital innovation and taking a more rounded view on asset risk factors can all contribute to building long-term resilience. The Future of Real Estate is a five episode series that profiles global thought leaders on the forces shaping our buildings and cities in a time of unprecedented change. Each episode explores topics that include hybrid workspace, affordability, resilience, decarbonization and real estate in the metaverse. Learn more about the work of the World Economic Forum on real estate here: https://www.weforum.org/realestate

With the advent of Web 3.0 technologies, Mark Edward Rose Chairman and CEO of Avison Young explains how real estate can be valued in a virtual world. He delves into the metaverse to explore the opportunities and challenges posed by these new digital experiences. The Future of Real Estate is a five episode series that profiles global thought leaders on the forces shaping our buildings and cities in a time of unprecedented change. Each episode explores topics that include hybrid workspace, affordability, resilience, decarbonization and real estate in the metaverse. Learn more about the work of the World Economic Forum on real estate here: https://www.weforum.org/realestate #metaverse, #CRE #virtualreality #digital #web3

HUB Ocean is on a mission to change the fate of the ocean by unleashing the power of data, collaboration and technology. Kimberly Mathisen, Head of the Centre for the Fourth Industrial Revolution (C4IR) in Norway, shares how they are unlocking ocean data to help decarbonize the shipping industry. C4IR | Impact on the Ground is a series that showcases projects from across the World Economic Forum’s global C4IR Network. Each episode explores how emerging technologies are being piloted, scaled and deployed in a safe and responsible way to improve people’s lives and protect the planet. Learn more about the Centre for the Fourth Industrial Revolution (C4IR) here: https://www.weforum.org/c4ir

In busy cities, drones could replace road vehicles to deliver goods, but only if they are deemed to be safe. Daniella Partem, Head of the Centre for the Fourth Industrial Revolution (C4IR) in Israel, shares how they are piloting technologies and regulations to enable drone delivery of consumer goods in Tel Aviv and beyond. C4IR | Impact on the Ground is a series that showcases projects from across the World Economic Forum’s global C4IR Network. Each episode explores how emerging technologies are being piloted, scaled and deployed in a safe and responsible way to improve people’s lives and protect the planet. Learn more about the Centre for the Fourth Industrial Revolution (C4IR) here: https://www.weforum.org/c4ir

Few Colombian farmers use technology to monitor and harvest their crops. Erez Zaionce, Head of the Centre for the Fourth Industrial Revolution (C4IR) in Colombia shares how their Agro4.0 project is helping Colombian farmers reduce their costs and boost crop yields.   C4IR | Impact on the Ground is a series that showcases projects from across the World Economic Forum’s global C4IR Network. Each episode explores how emerging technologies are being piloted, scaled, and deployed in a safe and responsible way to improve people’s lives and protect the planet.   Learn more about the Centre for the Fourth Industrial Revolution (C4IR) here: https://www.weforum.org/c4ir 

In a country with limited computing infrastructure, health data needs to be shared across borders for patients to benefit from cutting-edge health technologies. Joris Cyizere, Head of the Centre for the Fourth Industrial Revolution (C4IR) in Rwanda explains how their contribution to the country’s data protection and privacy law is enabling data to be shared safely and securely to boost healthcare outcomes.   C4IR | Impact on the Ground is a series that showcases projects from across the World Economic Forum’s global C4IR Network. Each episode explores how emerging technologies are being piloted, scaled and deployed in a safe and responsible way to improve people’s lives and protect the planet.   Learn more about the Centre for the Fourth Industrial Revolution (C4IR) here: https://www.weforum.org/c4ir 

AI is a powerful tool for healthcare diagnostics, but hospitals and governments need help deciding which AI products to buy for their specific needs. Marcos Souza, Head of the Centre for the Fourth Industrial Revolution (C4IR) in Brazil, shares how they piloted the “AI procurement in a box” framework to help the largest hospital in Sao Paulo buy the right AI product to benefit patients.  C4IR | Impact on the Ground is a series that showcases projects from across the World Economic Forum’s global C4IR Network. Each episode explores how emerging technologies are being piloted, scaled and deployed in a safe and responsible way to improve people’s lives and protect the planet.   Learn more about the Centre for the Fourth Industrial Revolution (C4IR) here: https://www.weforum.org/c4ir 

Extractive practices, short term profit maximization and shareholder capitalism are accelerating the extinction of life on Earth. What measures must be taken to end such destructive processes? Andre Hoffmann the Chairman of Massellaz explores how a stakeholder approach underpinned by a new accounting system with a long term outlook is essential to safeguarding biodiversity and natural systems. Biodiversity as an Asset Class is a five episode series that profiles leading global thinkers on how we must reconstruct our economic system in order to protect nature and the future of life on Earth. Episodes explore topics that include removing barriers to action, the valuation of natural capital, a nature-positive business approach, and the role of philanthropic capital.

With our current economic system treating nature as an ‘externality’, how can market processes adjust to price risk associated with the loss of nature and biodiversity? Bernardus J. Marttin, Member of the Managing Board with Rabobank, argues for the concept of natural capital which factors in such externalities, integrating nature’s welfare into any measures on prosperity. Biodiversity as an Asset Class is a five episode series that profiles leading global thinkers on how we must reconstruct our economic system in order to protect nature and the future of life on Earth. Each episode explores topics that include removing barriers to action, the valuation of natural capital, a nature-positive business approach, and the role of philanthropic capital.

The energy transition is going to require an estimated $2 trillion investment every year. With just $750 billion available from philanthropic capital, what role can it realistically play in this context? Leslie Johnston, CEO of the Laudes Foundation explores the catalytic power of philanthropy and the role it can play in building partnerships toward achieving a net zero green economy. Biodiversity as an Asset Class is a five episode series that profiles leading global thinkers on how we must reconstruct our economic system in order to protect nature and the future of life on Earth. Each episode explores topics that include removing barriers to action, the valuation of natural capital, a nature-positive business approach, and the role of philanthropic capital.

It’s currently unclear for investors on how to adopt the most effective practices in a nature- positive approach. How can we better understand the opportunities for investment that will safeguard biodiversity and natural systems? Ronald Wuijster, the CEO of APG Asset Management makes the case for nascent technologies as investible solutions to protect nature and biodiversity, reaffirming that the urgency to act is now. Biodiversity as an Asset Class is a five episode series that profiles leading global thinkers on how we must reconstruct our economic system in order to protect nature and the future of life on Earth. Each episode explores topics that include removing barriers to action, the valuation of natural capital, a nature-positive business approach, and the role of philanthropic capital.

With recent failures of the market economy brought into focus by the COVID-19 pandemic, how can such a system possibly cope with the unfolding crisis in biodiversity and nature? Nobel Prize laureate, Professor Joseph E. Stiglitz, from the School of International and Public Affairs (SIPA) at Columbia University, argues that nothing less than complete economic transformation can protect natural ecosystems and life on Earth as we know it. Biodiversity as an Asset Class is a five episode series that profiles leading global thinkers on how we must reconstruct our economic system in order to protect nature and the future of life on Earth. Each episode explores topics that include removing barriers to action, the valuation of natural capital, a nature-positive business approach, and the role of philanthropic capital.

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