Mitigating climate change requires rapid cuts in global emissions in this decade. Despite some progress since 2015, there remain substantial gaps in ambition and implementation.
Learn more about the IMF's work at #COP28: https://bit.ly/3GoPltp
Published: 4th Dec 2023 04:15:02 By: IMF
IMF Video: Is the Paris Agreement Working? A Stocktake of Global Climate Mitigation
Urgent and aggressive action to cut greenhouse gas emissions this decade is needed. Global ambition needs to be more than quadrupled: emissions cuts of 50 percent below 2019 levels by 2030 are needed for 1.5 degrees Celsius.
Read the research: https://bit.ly/47XHdvF
Learn more about the IMF's work at #COP28: https://bit.ly/3GoPltp
Innovation in low-carbon technologies (LCTs), which is essential in the fight against climate change, has slowed in recent years. IMF research shows that a global climate policy strategy can bolster innovation in, and deployment of, LCTs.
Read the research: https://bit.ly/3t3SP1j
Learn more about the IMF's work at #COP28: https://bit.ly/3GoPltp
Published: 4th Dec 2023 03:15:05 By: IMF
IMF Video: Green Innovation and Technology Diffusion for Net Zero | COP28
Reaching net-zero emissions will require more innovation and more rapid diffusion of existing technology.
Learn more about the IMF's work at #COP28: https://bit.ly/3GoPltp
Published: 4th Dec 2023 02:49:14 By: IMF
IMF Video: Climate Change's Impact on Fragile Countries
Climate change is already having a devastating impact on the Middle East and Central Asia. Recent IMF work shows that the average economic losses for fragile countries are four times worse than when a storm, drought, or flood hit other countries.
Learn more at http://www.IMF.org/climate and http://www.IMF.org/COP
Published: 1st Dec 2023 07:59:33 By: IMF
World Economic Forum Video: Visit Seoul in the Metaverse & Meat Grown From Stem Cells | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 Visit Seoul in the metaverse – Seoul, the vibrant capital of South Korea, has taken a pioneering step into the digital realm by launching the world's first urban metaverse app. This 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.
1:48 This meat is grown from stem cells – Shiok Meats cultivates meat and seafood directly from animal stem cells. This innovative technology offers a promising solution to the environmental and ethical concerns associated with conventional animal agriculture.
6:33 Sugar prices are surging. Here's why – Sugar enthusiasts face a grim reality as global sugar prices have skyrocketed by 55% in just two months. This surge stems from severe droughts in India and Thailand, the world's second and third-largest sugar exporters, respectively.
8:11 Climate disaster insurance for island states – 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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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.
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Published: 2nd Dec 2023 01:00:39 By: World Economic Forum
World Economic Forum Video: How to Live Meaningfully with Climate Anxiety
From a feeling of powerlessness to fearing that the future is too uncertain to have children, action is needed to tackle a hidden climate mental health crisis, say health experts.
Join Britt Wray, Director of Stanford University's Special Initiative on Climate Change and Mental Health, to learn about the latest research, and how embracing “climate anxiety” could solve both mental health and ecological problems.
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.
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Published: 28th Nov 2023 12:00:47 By: World Economic Forum
World Economic Forum Video: Indonesia's Giant Floating Solar Plant & 2024 Smart Toy Awards | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 The world has an antibiotic problem – Antimicrobial resistance (AMR), also known as antibiotic resistance, is a major health concern. It occurs when microbes, such as bacteria, viruses, and fungi, become resistant to the drugs used to treat them. This makes infections harder to treat and increases the risk of death.
4:48 Indonesia's giant floating solar plant – Indonesia has made a significant stride in renewable energy by unveiling a massive floating solar plant, the third largest of its kind globally. Situated on the Cirata Reservoir, 107 kilometers southeast of Jakarta, the plant's 13 expansive arrays cover 4% of the reservoir's surface, capable of generating up to 192 MW of power.
6:06 2024 Smart Toy Awards – Moflin, a palm-sized AI pet, is among the winners of the Smart Toy Awards. Just like a real pet, Moflin's AI has an "emotional model" that allows it to react to the way it's treated. This interactive play experience fosters a connection between the child and the toy, creating a sense of companionship and responsibility.
7:58 Clean air projects attract global investment – In 2021, international development funding for air quality projects surpassed that of fossil fuel projects for the first time, reaching $2.3 billion, an increase of $800 million from fossil fuel projects. This significant drop from $11.9 billion in 2019, the peak for fossil fuel funding, suggests a potential shift in the global financing landscape away from fossil fuels.
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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.
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Published: 25th Nov 2023 01:00:28 By: World Economic Forum
World Economic Forum Video: Horizon Scan: China Future Trends
What are some of the most important emerging trends in sustainability, innovation and society coming out of China? Join us to explore and discuss where those could lead us and what they could mean for the world.
This session features a horizon scan of the latest trends that leaders and decision-makers should be aware of in the next few years.
Speakers
Xiaolan Fu
Founding Director, Technology and Management Centre for Development, University of Oxford
Keyu Jin
Professor of Economics, London School of Economics and Political Science
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.
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Published: 21st Nov 2023 12:00:19 By: World Economic Forum
World Economic Forum Video: Germany's First Zero-Waste City & Gender Balance Benefits Companies | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 Kiel is Germany's first zero-waste city –Kiel has put 107 waste-reducing measures in place. They include practical changes, such as ‘pay-to-throw’, a scheme in which households pay a fee for the amount of landfill waste they generate. Other measures include recycling collection ‘islands’ around the city, discounts for shoppers who bring their own containers and banning disposable products at all city events.
1:33 Gender balanced companies outperform others – According to a BlackRock study of 1,250 of the world’s biggest companies. Over the past decade, the companies with the most equal gender balance achieved a 7.7% average annual return on assets (RoA). Those with the highest share of men delivered a 5.6% RoA, while those with the highest share of women returned a 6.1% RoA. The study concluded it was ‘diversity that counts’ rather than the dominance of a single gender.
3:08 US wants to convert empty offices into homes – The government will offer funding and technical support to help cities turn unused workspaces into affordable apartments. US office vacancy rates have hit a 30-year peak as more staff clock in to work remotely. Meanwhile, rents in the country remain at historic highs after a surge during the pandemic converting offices to apartments can be challenging.
4:48 Rwanda and Kenya open borders to other Africans – Rwanda and Kenya have made significant strides in promoting African unity by opening their borders to other Africans, enabling visa-free travel for all citizens of the continent. This move positions Rwanda as the fourth African nation to remove such restrictions, following Benin, The Gambia, and Seychelles. Kenya is set to join them on December 31, 2023.
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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.
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Published: 18th Nov 2023 05:10:25 By: World Economic Forum
Economic Video: Another proposed airline merger tests Biden administration’s resolve to preserve competition
The Biden administration has taken a tough stance against mergers, and it is certain to take a close look at Alaska Air Group’s proposed acquisition of Hawaiian Airlines for $1 billion in cash.
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Published: 4th Dec 2023 10:04:20 By: Queen City News
Economic Video: Bitcoin crosses $42,000 for first time since April 2022, driven by ETF optimism: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Kristin Smith, the CEO of the Blockchain Association, discusses regulatory reform for digital assets.
Chapters:
00:00 - CNBC Crypto World, Dec 4, 2023
0:30 - Bitcoin and ether rise
1:05 - The headlines
3:48- Blockchain Association’s Kristin Smith
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Bitcoin crosses $42,000 for first time since April 2022, driven by ETF optimism: CNBC Crypto World
Published: 4th Dec 2023 08:28:08 By: CNBC Television
Bloomberg's Caroline Hyde and Ed Ludlow break down Spotify's steepest job cuts this year. Plus, Bitcoin tops $42,000 for the first time since April of 2022, and Anduril unveils a tiny, reusable fighter jet to blow up drones.
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Published: 4th Dec 2023 09:59:50 By: Bloomberg Technology
Economic Video: What is CosMc's? McDonald's secretive spin-off restaurant to open location in Chicago suburb
McDonald's new CosMc's restaurant, which has a secretive menu, appears close to opening its first location in Bolingbrook, Illinois.
McDonald's CEO Chris Kempczinski announced the fast food chain will begin testing CosMc's, which he described as "a small format concept with all the DNA of McDonald's but its own unique personality."
READ MORE: https://6abc.com/what-is-cosmcs-mcdonalds-restaurant-locations-bolingbrook-illinois/14128205/
Published: 1st Dec 2023 04:31:36 By: 6abc Philadelphia
Economic Video: Gold touches new all-time high — here’s what experts said in 2023
Gold (GC=F) prices touched a new all-time high, continuing a strong year for the commodity. Here’s what experts have said during 2023 about the potential of gold for investors. Guests include: Bloomberg Intelligence Senior Macro Strategist Mike McGlone, Optimal Capital Director of Strategy Frances Newton Stacy, Blanke Schein Wealth Management CIO Robert Schein, State Street Global Advisors Chief Gold Strategist George Milling-Stanley, ETF Think Tank Director of Research Cinthia Murphy, Path Trading Partners Co-Founder and Chief Market Strategist Bob Iaccino, GraniteShares Founder and CEO Will Rhind, and more.
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Published: 4th Dec 2023 09:15:00 By: Yahoo Finance
Business Video: Tips for avoiding financial stress this holiday season
CNN's Victor Blackwell speaks with Washington Post Personal Finance Columnist, Michelle Singletary about how to avoid financial stress this holiday season. #CNN #News
Former President Donald Trump claims the price of bacon has quintupled in the Biden era. CNN senior reporter Daniel Dale breaks down why that’s not true.
Published: 1st Dec 2023 07:57:37 By: CNN
Business Video: 'Go f**k yourself': Hear Elon Musk's message to advertisers abandoning X
Elon Musk, in his first interview with mainstream media since his antisemitic post on X, apologized for what he called his "dumbest" ever social media post. But he lashed out at advertisers leaving his platform because of rising antisemitism on X. Dana Hull, Bloomberg's Elon Musk reporter, joins Erica Hill to discuss. #CNN #News
Published: 30th Nov 2023 02:15:00 By: CNN
Business Video: 'Trading turds': Billionaire investor Charlie Munger's best one-liners from over the years
Billionaire investor Charlie Munger, vice-chairman of Berkshire Hathaway and long-time friend to Warren Buffett, was known for his quick wit and funny one-liners. Munger died on November 28 at 99 years old. Here are a few of his best zingers from over the years. #cnn #news #charliemunger #warrenbuffett #berkshirehathaway
Published: 29th Nov 2023 09:59:38 By: CNN
Business Video: Sam Altman returns to OpenAI in a bizarre reversal of fortunes
Sam Altman has agreed to return to lead OpenAI, the company said on X, just days after his surprise ouster as chief executive sparked an employee revolt that threatened to undermine what has been the leading company in the fledgling artificial intelligence industry. #CNN #News
Mon, 04 Dec 2023 05:23:00 GMT Germany's budget crisis has dealt another blow to an already battered economy, the president of the ZEW economic research institute said on Monday, and this is likely to be reflected in its upcoming ...
Fri, 24 Nov 2023 06:38:00 GMT Euro was able to achieve some slight gains against the US dollar this morning by 0.14%, reaching the level of 1.09207 at the peak of the rises at ...
Thu, 23 Nov 2023 23:41:00 GMT The Bundesbank said in its monthly economic report on Monday that the German economy will likely shrink again in the fourth quarter and show signs of slight improvement early next year.
Thu, 23 Nov 2023 04:52:00 GMT Germany’s economy may grow next year by less than half the pace it could otherwise have achieved as the government reacts to a constitutional court ruling, Bloomberg Economics says.
Mon, 20 Nov 2023 04:54:00 GMT "Economic output is likely to once again decline slightly in the fourth quarter of 2023," the Bundesbank said about the 20-nation currency bloc's biggest economy. "The German economy is set to ...