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"Investments and improvements in artificial intelligence need not be an arms race. AI is a general-purpose technology with the potential to transform all sectors and forms of economic activity."

To harness the AI age, governments must keep these 7 factors in mind

By: EBR | Wednesday, September 23, 2020

Economic performance, cooperation and productivity are undergoing cataclysmic disruptions

"Many institutions have been engaged in mobilizing finance towards sustainable infrastructure: the G20, OECD, Multilateral Development Banks and the broader development finance institutions community."

How to drive investment into sustainable infrastructure

By: EBR | Thursday, September 17, 2020

Good infrastructure is the backbone of any successful society and economy. People need access to energy, transport, sanitation, hospitals and schools to thrive

Energy demand declined by 3.8% over the first quarter of 2020 as a result of significantly reduced transportation, aviation, and general economic activity. Emissions dropped by 5%.

3 trends that will transform the energy industry

By: EBR | Tuesday, September 15, 2020

The energy transition has been talked about for many years – but now the pandemic has given the world an opportunity to make it happen more quickly than we could ever have imagined; if we make the right choices

"We have seen a drop in the emissions this year because of the COVID crisis and lockdowns in many countries ... but this is not going to change the big picture," Petteri Taalas, head of the World Meteorological Organization, a U.N. agency based in Geneva, told Reuters Television.

Despite lockdown, greenhouse gases have risen to record highs, UN says

By: EBR | Tuesday, September 15, 2020

Concentrations of greenhouse gases in the Earth’s atmosphere hit a record high this year, a United Nations report showed, as an economic slowdown amid the coronavirus pandemic had little lasting effect

Emerging technology clusters are enabling granular data collection alongside timely analysis and secure information sharing, helping firms identify what services would most benefit each customer and when.

Emerging technologies are reshaping financial services

By: EBR | Friday, September 11, 2020

Words and phrases such as “disruption”, “revolutionizing” and “digital transformation” have become so commonplace in the context of financial services that they have lost their impact

According to the World Health Organization (WHO), an estimated 4.2 million premature deaths globally are linked to ambient air pollution. Studies have estimated that poor air quality contributes towards 19% of all cardiovascular deaths and 29% of all lung cancer deaths.

Can we put a price on clean air? Yes, we can

By: EBR | Thursday, September 10, 2020

One of the features of recent months to which we’ve all grown accustomed is daily news stories about the impact of COVID-19 lockdowns on air quality in cities around the world

Who will win the race? Will it be the tech giant experts at Google with a grab bag of technologies set to support and accelerate their drone vision? Will it be UPS, the traditional supply-chain and logistics delivery company already trusted to handle other companies’ most important goods? Or will it be Amazon’s Prime Air, a combination of the two, with an existing customer base more familiar with technology and eager to receive packages ever faster?

Race for the skies: three factors that could decide drone delivery domination

By: EBR | Thursday, September 10, 2020

With the announcement a few days ago that Amazon’s drone delivery programme has been approved in the US, the continued innovation race for consumer package delivery is on

“These findings are devastating, and a stark reminder that a healthy planet is a precondition for a healthy human society, and that the European Green Deal is as relevant as ever,” said Ester Asin, director of WWF’s European Policy Office.

Wildlife populations fell 68% since 1970s, new WWF report warns

By: EBR | Thursday, September 10, 2020

The way humanity produces food, energy and goods is destroying the habitats of thousands of wildlife species, causing plunging population sizes and contributing to the emergence of diseases such as COVID-19, according to WWF’s Living Planet Report 2020, released on Thursday (10 September)

The world’s literacy rate increased from 69% in 1976 to 86% in 2016. Progress has been made in every part of the world, but the literacy challenge remains significant in sub-Saharan Africa (where 64% of people are literate), South Asia (71%), the Middle East and North Africa (80%).

COVID-19 threatens the progress of global literacy- how we keep up momentum

By: EBR | Wednesday, September 9, 2020

As we mark International Literacy Day this year, we can appreciate the great progress made in the last 50 years

The World Health Organization (WHO) has associated approximately 4.2 million premature deaths per year with health issues related to air pollution.

Pollution costs lives and is bad for business- 5 ways companies can clean up the air

By: EBR | Tuesday, September 8, 2020

Outdoor air pollution has a substantial impact on health, mainly from breathing pollutants and small particulate matter (often referred to as PM2.5) that travel deep into the lungs

Countries with carbon prices on average have annual carbon dioxide emissions growth rates that are about two percentage points lower than countries without a carbon price, after taking many other factors into account.

Carbon pricing is effective in reducing emissions, largest-ever study finds

By: EBR | Monday, September 7, 2020

Putting a price on carbon should reduce emissions, because it makes dirty production processes more expensive than clean ones, right?

The report COVID-19 and gender equality: Countering the regressive effects, from McKinsey Global Institute, estimates that women make up almost two-fifths of the global labour force but have suffered more than half of total job losses from the crisis.

COVID-19 has worsened gender inequality- what we can do about it

By: EBR | Monday, September 7, 2020

More women have lost their jobs due to the impact of the coronavirus crisis than men, new research has found

Plastic production has increased around 4% every year since 2000, the report said, adding that most firms in the industry appear to expect that rate of growth to continue, driven mainly by emerging economies.

Oil industry placing risky bet on plastics, report says

By: EBR | Friday, September 4, 2020

Big oil producers are pinning their future growth on the world’s insatiable appetite for plastic, researchers said Friday (4 September), in a “bet” on society’s failure to tackle disposable consumption that risks stranding billions of dollars in petrochemical investments

One study by the World Bank estimates that to meet this demand, cobalt production will need to grow by 450% from 2018 to 2050, in pursuit of keeping global average temperature rises below 2°C.

Deep-sea minerals could meet the demands of battery supply chains – but should they?

By: EBR | Thursday, September 3, 2020

The world is hungry for resources to power the green transition. As we increasingly look to solar, wind, geothermal and move towards decarbonization, consumption of minerals such as cobalt, lithium and copper, which underpin them, is set to grow markedly

The unbundling of education has brought about four tectonic shifts: career choices driven by return on investment (ROI), a move towards lifelong learning, shorter durations and new business models.

How technology will transform learning in the COVID-19 era

By: EBR | Tuesday, September 1, 2020

It is easy to see how one might have to spend several years learning and unlearning in order to build a viable portfolio of careers. But if higher education institutions aren’t doing their job in teaching us, what are our alternatives?

The sheer scale of devastation of the Amazonian forest is literally breathtaking. Despite international outrage and condemnation, deforestation rates jumped 55% across the region in the first four months of 2020 compared to the same period last year.

Reducing deforestation means getting serious about environmental crime

By: EBR | Tuesday, September 1, 2020

The Amazon Basin is approaching a dangerous tipping point. Within a few years the world’s largest tropical forest could experience a ’die-back’ that would not just affect South American countries, but deal a fatal blow to global efforts to reduce carbon emissions

"There is no doubt that investing in the development of renewables is a step in the right direction. Our society will continue to need energy, and so developing and investing in sensible greener energy solutions is crucial."

How can impact investors balance the green energy equation?

By: EBR | Monday, August 31, 2020

Impact investing has always been a matter of balance. Most endeavours of social entrepreneurs, while having a great positive impact, still involve some negative externalities – whether they are investing in education, health, housing or agriculture

The economies of the 37 developed nations that make up the organization shrank an unprecedented 9.8% during April, May and June due to the impact of COVID-19.

A top economist shares 3 ways leaders can help economies recover

By: EBR | Friday, August 28, 2020

The global economy won’t return to pre-pandemic levels for another two years, according to the Organisation for Economic Co-operation and Development (OECD)

Nuclear power is a top source of virtually emissions-free electricity, but many plants are shutting in the United States because of high costs and competition from solar and wind. Critics of advanced nuclear have also warned that smaller nuclear is even more expensive than conventional.

Bill Gates’ nuclear venture plans small reactors to complement solar, wind power

By: EBR | Friday, August 28, 2020

A nuclear energy venture founded by Bill Gates said Thursday (27 August) it hopes to build small advanced nuclear power stations that can store electricity to supplement grids increasingly supplied by intermittent sources like solar and wind power

In the US, more than 67,000 people in long-term care facilities have died, and more than 375,000 have become infected as of late August.

COVID-19 has laid bare the cracks in long-term care. Here’s how to fix them

By: EBR | Wednesday, August 26, 2020

As early as February, it was clear that individuals at highest risk for severe disease and death from COVID-19 included people over 60 and those with underlying conditions, such as hypertension, diabetes, and cardiovascular disease

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EU Actually

Greenpeace rings emergency bell for nature, climate and small farms

N. Peter KramerBy: N. Peter Kramer

While the Council of the EU heralds that its negotiating position on the post 2020 common agricultural policy (CAP) reform package puts forward strong commitments from member states for higher environmental ambition, Greenpeace let us know that the European Parliament has ‘signed a death sentence for nature, climate and small farms’

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Europe

Brexit and the Dismal Reality of “Take Back Control”

Brexit and the Dismal Reality of “Take Back Control”

The UK’s economic relationship with the EU will change profoundly. Instead of open trade, Britain is heading for a hard Brexit that will have dire consequences for its economy and role as a trading nation

Business

How AI can train workers for the jobs of the future

How AI can train workers for the jobs of the future

Artificial Intelligence (AI) is transforming the world of work at a rapid pace, and its impact is poised to accelerate even more in the decades ahead

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