IMF Video: COP29 Event – This Critical Decade: A Wake-up Call for Global Climate Action

Play Video: COP29 Event – This Critical Decade: A Wake-up Call for Global Climate Action

Urgent action to cut greenhouse gas (GHG) emissions is needed now. Early next year, all countries will set new emissions targets for 2035 while revising their 2030 targets. Substantial gaps in global ambition and implementation still remain, with current levels of Nationally Determined Contributions only reducing global emissions by one quarter of what’s needed. Further delay will lead to an “emissions cliff edge,” implying implausible cuts in GHGs after 2030 and putting the target of 1.5°C beyond reach. This session assesses the question: Is the world on track to net zero? Building on updated IMF research, it will explore how to equitably close the global gap in climate ambition to achieve the Paris Agreement goals. Panelists Ruud de Mooij Deputy Director, Fisal Affairs Department, IMF Ana Toni National Secretary of Climate Change, Brazil Tinne Van der Straeten Minister of Energy, Belgium Moderator: Will Kennedy, Senior Executive Editor for Energy and Commodities, Bloomberg

Published: 12th Nov 2024 08:40:01   By: IMF

IMF Video: COP29 Event – The Role for the Bretton Woods Institutions in Climate Action

Play Video: COP29 Event – The Role for the Bretton Woods Institutions in Climate Action

This year marks the 80th anniversary of the creation of the Bretton Woods institutions and offers a moment to reflect on current and future global challenges. No challenge is bigger than the climate crisis. The World Bank group and the IMF are already taking unprecedented measures to mobilize their resources and expertise to address it. This session will feature a range of perspectives on what is working, how to scale those efforts up and what else can be done over the next few critical decades. Panelists Mark Malloch Brown Former Deputy Secretary-General, United Nations Andrew Steer President and CEO, Bezos Earth Fund Helen Mountford President & CEO, ClimateWorks Foundation Amal-Lee Amin Managing Director and Head of Climate, Diversity and Advisory, British International Investment Moderator: James Astill, Deputy Director, Communications, IMF

Published: 12th Nov 2024 08:39:50   By: IMF

IMF Video: COP29 Event – Unlocking Financing for the Green Transition in Emerging and Developing Economies

Play Video: COP29 Event – Unlocking Financing for the Green Transition in Emerging and Developing Economies

Delivering on global climate goals requires a shift to renewable energy and other green technologies. The main challenge for developing economies is securing funding for this transition. With limited fiscal space and low financial development, foreign direct investment (FDI) and official lending are crucial. Based on recent IMF staff publications, a high-level panel will discuss market reforms and financial sector policies to attract official financing, the impact of climate policies on FDI in low-carbon technologies, and the conditions needed to attract it. Panelists will also explore how domestic policies can enhance government revenue to support renewable energy. Additionally, they will consider how Just Energy Transition Partnerships, public-private partnerships, blended finance structures, and international cooperation can catalyze financing for renewable energy investments. Panelists Kristalina Georgieva Managing Director, IMF Ajay Banga President, World Bank Group Mohamed Jameel Al Ramahi CEO, Masdar Nadia Calviño President, European Investment Bank Moderator: Pilita Clark, Associate Editor, Financial Times

Published: 12th Nov 2024 08:39:10   By: IMF

IMF Video: This Critical Decade: A Wake-up Call for Global Climate Action

Play Video: This Critical Decade: A Wake-up Call for Global Climate Action

Urgent action to cut greenhouse gas (GHG) emissions is needed now. Substantial gaps in global ambition and implementation still remain and further delay will lead to an “emissions cliff edge”, putting the target of 1.5°C beyond reach. Where does the world stand on reaching net zero, and how can we equitably close the global ambition gap? Read the research here: https://www.imf.org/en/Publications/staff-climate-notes/Issues/2024/10/08/Sleepwalking-to-the-Cliff-Edge-A-Wake-up-Call-for-Global-Climate-Action-555057 Learn more about the IMF’s work at #COP29: https://www.imf.org/en/Topics/climate-change/COP29

Published: 11th Nov 2024 11:11:14   By: IMF

IMF Video: Unlocking Financing for the Green Transition in Emerging and Developing Economies

Play Video: Unlocking Financing for the Green Transition in Emerging and Developing Economies

Delivering on global climate goals requires a shift to renewable energy and other green technologies. How can emerging and developing economies secure funding for the green transition? Read the research here: https://www.imf.org/en/Publications/staff-climate-notes/Issues/2024/10/08/Policies-to-Foster-Green-FDI-Best-Practices-for-Emerging-Market-and-Developing-Economies-555062 Learn more about the IMF’s work at #COP29: https://www.imf.org/en/Topics/climate-change/COP29

Published: 11th Nov 2024 11:11:00   By: IMF

World Economic Forum Video: Finfluencer Advice Revolution & Start-Up Grows Veg in Supermarkets | WEF | Top Stories of the Week

Play Video: Finfluencer Advice Revolution & Start-Up Grows Veg in Supermarkets | WEF | Top Stories of the Week

This week's top stories of the week include: 0:15 Finfluencer financial advice revolution – A finfluencer is a content creator on social media who shares information on budgeting, saving and financial investments, among other topics. Finfluencers use blogs, podcasts or videos to get their message out. They help widen financial access to groups who didn’t have it before. 3:49 These vegetables grow in-store without soil – Instead of soil, they use plugs of rockwool, irrigated with nutrient-rich water in a method called hydroponics. They come in different sizes producing from 2,000 to 15,000 plants monthly. These farms have a tiny environmental footprint. The largest models can grow as much as a 3-hectare farm. 5:44 Telehealth platform empowers millions – Altibbi offers 24/7 access to online doctors along with accessible, up-to-date medical information. It offers a cheaper, more accessible alternative to in-person consultations but it also aims to ‘change the narrative’ around the patient-doctor relationship. 8:43 ‘Underwater tractors’ replant seagrass – They were created by Reefgen, an UpLink Top Innovator. The robot scoots over the seabed, steadily and carefully restoring the ecosystem. Reefgen’s technology aims to aid conservation efforts by augmenting the efforts of human restorers. _____________________________________________ The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum

Published: 9th Nov 2024 01:00:05   By: World Economic Forum

World Economic Forum Video: CEO Climate Alliance | Vincent Clerc

Play Video: CEO Climate Alliance | Vincent Clerc

Decarbonisation is costly, but companies that push for solutions have an 'immense' effect on our ability to meet the Paris targets, says Maersk CEO Vincent Clerk In an open letter ahead of COP29, the Alliance of CEO Climate Leaders calls for urgent action to combat climate change. Highlighting the critical role of collaborative leadership from business and government, the world's largest CEO-led climate community is advocating for ambitious, science-based targets to support climate action and spur investment. Read the full letter: wef.ch/COP29OpenLetter24 #AllianceofCEOClimateLeaders #Climate #ClimateChange #COP29 The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum

Published: 8th Nov 2024 08:39:46   By: World Economic Forum

World Economic Forum Video: Meet the startup building the first commercial space station - and shaping how we'll live and wor...

Play Video: Meet the startup building the first commercial space station - and shaping how we'll live and wor...

Humans have learned to survive in space. But as Tejpaul Bhatia reminded Meet the Leader, it’s time to learn how to live, work and thrive. One step towards that goal is Axiom Station, the first commercial space station. With the International Space Station due to be decommissioned, he explains how Axiom Station will build on decades of lessons learned for a future-ready station factoring in principles of ergonomic and industrial design, a station planned to adapt to new technologies and needs. And while it employs its share of former astronauts and rocket scientists, this unique company also designs space suits - like the one for the upcoming Artemis moon mission set for 2026. This means it also counts sewers and costumers from places like Cirque du Soleil on its team – people who understand performance fabrics and who have the skill sets to hand sew parts of uniforms that can’t be tackled with a machine. He’ll share how this incredibly diverse group works together and how learning how to tap such a range of capabilities is a window into the unique pioneering collaborations that will drive the space economy. To learn more:  Axiom Space: https://www.axiomspace.com/ Report:  Space: The $1.8 Trillion Opportunity for Global Economic Growth: https://www.weforum.org/publications/space-the-1-8-trillion-opportunity-for-global-economic-growth/ Related podcasts:  This former astronaut shares what’s key to building strong, effective teams: https://www.weforum.org/podcasts/meet-the-leader/episodes/soichi-noguchi-astronaut-build-effective-teams/ From space to the ocean's depths - how a space CEO and explorer approaches risk: https://www.weforum.org/podcasts/meet-the-leader/episodes/dylan-taylor-voyager-space-risk-leadership/

Published: 8th Nov 2024 06:18:28   By: World Economic Forum

World Economic Forum Video: IKEA HR chief shares decades of career lessons learned and what’s needed to bridge gender equity gap

Play Video: IKEA HR chief shares decades of career lessons learned and what’s needed to bridge gender equity gap

Last year, Ingka Group, the parent company for big retailer IKEA, reached near gender balance in leadership. This transformation did not come overnight and HR chief Ulrika Biesèrt discusses the mindset shifts and tangible changes in everything from hiring to development that helped make this possible for the 80-year-old company. Biesèrt also shares her own leadership journey, one that includes 27 years at IKEA and roles in every part of the company, including logistics, product development and retail. She explains how that breadth and depth shapes how she leads -- while also sharing the advice her mother gave her at the beginning of her career that has helped her get her voice heard.  Interview recorded Spring 2024.  Transcript: https://tinyurl.com/mserdr8z To learn more:  Global Gender Gap: https://www.weforum.org/publications/global-gender-gap-report-2024/ Related podcasts: 9 leaders from Microsoft, IKEA and more share advice for new grads: https://www.weforum.org/podcasts/meet-the-leader/episodes/9-leaders-share-advice-for-new-grads-2024/ Ingka Group's Jesper Brodin: The talent crisis you’re not talking enough about: https://www.weforum.org/podcasts/meet-the-leader/episodes/ingka-holding-jesper-brodin-refugees-hiring/  

Published: 6th Nov 2024 09:54:07   By: World Economic Forum

World Economic Forum Video: Growth for Green Jobs in 2023 & Cash Hoarding Affects EU Growth | WEF | Top Stories of the Week

Play Video: Growth for Green Jobs in 2023 & Cash Hoarding Affects EU Growth | WEF | Top Stories of the Week

This week's top stories of the week include: 0:15 2023 saw highest growth for green jobs – The number of renewable jobs worldwide shot up by 18% last year, from 13.7 million in 2022 to 16.2 million in 2023. The rise was driven by the global surge in renewable generation capacity as well as continued growth in equipment manufacturing, according to a new report from IRENA and the ILO. 1:59 4 ways AI could save your life – AI can enable personalized care based on health risks in your local area. Mayo Clinic in the US has developed an AI-powered index which uses publicly available housing data to identify patients’ socio-economic situations so this information can be built into their healthcare provision. 5:38 Bridging the gender care gap at work – Caregiving is not shared equally between men and women. Women on average perform 4 times more unpaid care work than men, and they’re more likely than men to step back from their careers to act as caregivers. How can employers can help men and women close this gap? 8:43 Cash hoarding affects EU growth – Households in Europe are saving at their highest rate in years. This behaviour is measured by the household investment rate, which fell to 9.5% across the EU in the first quarter of 2024, its lowest level since 2021. Economic anxiety has also played a role in the rise in saving rates. _____________________________________________ The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum

Published: 2nd Nov 2024 01:00:35   By: World Economic Forum

Business Video: Larry Summers issues warning on Trump’s proposed economic policies

Play Video: Larry Summers issues warning on Trump’s proposed economic policies

Former Treasury Secretary Larry Summers tells CNN's Kate Bolduan that President-elect Trump's proposed economic agenda will lead to 'inflation shock' for Americans. #CNN #News

Published: 13th Nov 2024 03:57:15   By: CNN

Business Video: How Trump's second term could impact future interest rates

Play Video: How Trump's second term could impact future interest rates

The Federal Reserve cut interest rates by a quarter point on the heels of the US presidential election earlier this week. It’s the second rate cut since the central bank began to lower borrowing costs in September, though the latest cut is smaller. #CNN #News

Published: 7th Nov 2024 07:36:49   By: CNN

Business Video: Trump is almost 2 billion in debt and the amount is growing

Play Video: Trump is almost 2 billion in debt and the amount is growing

Former President Donald Trump's debt obligations currently amount to around $1.8 billion, and that amount is growing every month. CNN's Erica Hill speaks with Forbes senior editor Dan Alexander about Trump's financial situation. #CNN #News

Published: 1st Nov 2024 12:32:39   By: CNN

Business Video: Former CEO of Abercrombie & Fitch indicted on sex trafficking charges

Play Video: Former CEO of Abercrombie & Fitch indicted on sex trafficking charges

Mike Jeffries, the former CEO of Abercrombie & Fitch, has been indicted on 16 federal counts of sex trafficking and international prostitution in New York, and is accused of leveraging “a network of employees, contractors and security professionals” while he led the retailer. #CNN #News

Published: 22nd Oct 2024 07:15:00   By: CNN

Business Video: I test drove Volkswagen's electric revamp of its retro van. Is it worth $60,000?

Play Video: I test drove Volkswagen's electric revamp of its retro van. Is it worth $60,000?

Struggling to regain popularity in America, Volkswagen is hoping the all-new ID. Buzz electric van can tug at vintage heart strings. Having grown up with an original VW gas powered van, CNN’s Peter Valdes-Dapena phoned in his brothers for this electric test drive. #cnn #news #carreview #car #volkswagen Produced by John General and Zach Wasser Senior Producer: Jackson Loo Reporting by Peter Valdes-Dapena Thumbnail courtesy Adobe Stock Photo/CNN

Published: 21st Oct 2024 03:14:28   By: CNN