Investing in climate change resilience requires large scale financing. The potential for corruption to exacerbate the challenge, undermine the effectiveness of the response and increase costs means that better governance must be at the heart of the climate response. Acting fast will mean leveraging the existing anticorruption architecture and catalyzing coalitions in a highly coordinated way. In this joint event with the World Bank, panelists will discuss corruption vulnerabilities that are specific to the green transition and how to address them.
PANELISTS:
Shuang Liu, China Finance Director, World Resources Institute
Tsakani Maluleke, Auditor-General, South Africa
Mark Robinson, Executive Director, Extractive Industries Transparency Initiative
Moderator: Laury Haytayan, MENA Director, Natural Resource Governance Institute
Published: 8th Dec 2023 04:16:09 By: IMF
IMF Video: Energy Security and Climate Mitigation: Global Challenges for a Fragmented World – COP28
Disruptions in global energy markets amid Russia’s war in Ukraine have exposed the vulnerabilities of fossil-fuel reliance and rekindled national energy security concerns. At the same time, rising geo-economic fragmentation could jeopardize the supply of minerals that are critical for the green transition. This event will explore how countries can strike a balance between promoting short-term energy security while remaining on track to meet the goals of the Paris Agreement.
PANELISTS:
Antonio Spilimbergo, Deputy Director of Research, IMF
Anthony Agotha, Special Envoy for Climate and Environment, EU
Meghan O’Sullivan, Director, Belfer Center for Science and International Affairs at Harvard University
Atul Arya, Chief Energy Strategist, S&P Global
Moderator: Landon Derentz, Director of Global Energy Security, Atlantic Council
https://www.imf.org/en/Topics/climate-change/COP28
Published: 8th Dec 2023 01:19:05 By: IMF
IMF Video: The Right Data to Navigate the Green Transition and Maintain Economic Growth | COP 28
In this joint session with the World Bank, panelists assess the types of data that policymakers need to understand the economic and financial risks associated with climate change, develop sound policies, and finance the transition.
Learn more about the IMF's work at #COP28: https://bit.ly/3GoPltp
Published: 8th Dec 2023 03:42:15 By: IMF
IMF Video: Resilience & Sustainability Trust and Climate Finance: Stocktaking and the Way Forward | COP28
The IMF is innovating to help countries meet the challenge: through a recently created instrument, the Resilience and Sustainability Trust (RST), it provides financing to countries facing long-term structural challenges, including climate change.
Learn more about the IMF's work at #COP28: https://bit.ly/3GoPltp
Published: 5th Dec 2023 10:33:03 By: IMF
IMF Video: Is the Paris Agreement Working? An IMF Assessment | COP28
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
World Economic Forum Video: Energy in Transition Navigating to Net Zero with Columbia University
The speed and scale required to transform the global energy system is unprecedented and the path to net zero is unlikely to be a smooth one.
With energy as the lifeblood of the global economy, such a rapid transition is bound to cause widespread upheaval, both economic and geopolitical.
Join Jason Bordoff and Melissa Lott from the Center on Global Energy Policy at Columbia University as they discuss emerging tensions and contradictions and what approaches are needed on the path to net zero.
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: 5th Dec 2023 12:00:29 By: World Economic Forum
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: Technology that transforms: what an invention from 1450 can teach us about AI
If you’re a ‘digital native’ - someone who can’t remember a world before the internet - you might feel you have a good idea of the role technology will play in your life and perhaps in that of future generations.
But journalism professor Jeff Jarvis, author of a history of another transformative technology from more than five centuries ago - the printing press - says we can have no way yet of knowing where the internet, and AI, will take us.
The book is called The Gutenberg Parenthesis (https://www.bloomsbury.com/us/gutenberg-parenthesis-9781501394829/) . Jeff spoke to us at the World Economic Forum's AI Governance Summit.
AI Governance Alliance:
wef.ch/AIGA (https://initiatives.weforum.org/ai-governance-alliance/home)
AI Governance Summit:
https://www.weforum.org/events/ai-governance-summit-2023/
Podcast links:
AI Governance Summit 2023: State of Gen AI: Views from the Frontier (https://www.weforum.org/podcasts/agenda-dialogues/episodes/ai-governance-summit-2023-state-of-gen-ai-views-from-the-frontier/)
AI Governance Summit 2023: Gen AI: New Age of Governance (https://www.weforum.org/podcasts/agenda-dialogues/episodes/ai-governance-summit-2023-gen-ai-new-age-of-governance/)
AI Governance Summit: Transformation on the Horizon (https://www.weforum.org/podcasts/agenda-dialogues/episodes/ai-governance-summit-transformation-on-the-horizon/)
AI: Bringing stakeholders together to make AI work for us all (https://www.weforum.org/podcasts/radio-davos/episodes/generative-ai-episode-5-amnc/)
Beyond AI: the top-10 tech of 2023 set to change our lives (https://www.weforum.org/podcasts/radio-davos/episodes/top-10-emerging-technologies-2023/)
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Published: 7th Dec 2023 11:59:55 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.
_____________________________________________
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/
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Published: 25th Nov 2023 01:00:28 By: World Economic Forum
Economic Video: New jobs report "boring in the right ways"
According to the latest jobs report, U.S. employers added 199,000 jobs in November, a sign that the labor market is still going strong, while the unemployment rate dropped to 3.7% in November. CBS News contributor Javier David, managing editor for business and markets at Axios, says the report is "boring in the right ways."
#news #jobs #business
CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+.
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Published: 8th Dec 2023 04:29:27 By: CBS News
Economic Video: Gene editing could be a game changer for patients with sickle cell disease
The FDA is set to decide Friday on a gene editing technique for patients with sickle cell disease. It would be the first use of CRISPR in the United States to treat a disease. CBS News' chief medical correspondent Dr. Jon LaPook has more.
#news #health #sicklecelldisease
Each weekday morning, "CBS Mornings” co-hosts Gayle King, Tony Dokoupil and Nate Burleson bring you the latest breaking news, smart conversation and in-depth feature reporting. "CBS Mornings" airs weekdays at 7 a.m. on CBS and stream it at 8 a.m. ET on the CBS News app.
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Published: 8th Dec 2023 04:18:23 By: CBS Mornings
Economic Video: Microsoft, OpenAI partnership draws UK scrutiny | Reuters
Britain's antitrust regulator said it will review whether to launch a merger probe of Microsoft's multi-billion-dollar partnership with ChatGPT maker OpenAI, weighing in on the US software giant's operations for a second time this year.
👉 Read the story here: https://reut.rs/3ThN8rl
Keep up with the latest news from around the world: https://www.reuters.com/
#microsoft #chatgpt #openai #uk #News #Reuters #newsfeed
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Published: 8th Dec 2023 05:21:53 By: Reuters
Economic Video: Bounce in Bond Yields Makes Sense After Jobs Data: Darda
Roth MKM Chief Economist and Macro Strategist Michael Darda discusses what the November US employment report could mean for Federal Reserve monetary policy on "Bloomberg Surveillance."
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Published: 8th Dec 2023 02:16:20 By: Bloomberg Television
Economic Video: McDonald's first ever 'CosMc's opens in Chicago suburb
The moment everyone has been waiting for. CosMc's is open and people waited for hours to get their hands on some of the unique menu items!
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Published: 8th Dec 2023 03:26:25 By: FOX 32 Chicago
Business Video: Ty Cobb says he’s unsure Trump will testify again in fraud trial
Former Trump White House lawyer Ty Cobb speaks to CNN's Erin Burnett about the former president attending his fraud trial and preparing to potentially take the stand again. #CNN #News
Published: 8th Dec 2023 02:45:00 By: CNN
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
Fri, 08 Dec 2023 07:25:00 GMT Stocks are drifting as Wall Street weighs how to read a report showing the job market isn’t slowing as much as expected. The S&P 500 was 0.2% higher Friday, close to extending its weekly winning ...
Fri, 08 Dec 2023 03:46:00 GMT NEW YORK (AP) — Stocks are drifting Friday as Wall Street weighs how to read a report showing the U.S. job market isn’t slowing as much as expected. The S&P 500 was 0.1% higher in midday trading and ...
Thu, 07 Dec 2023 23:30:00 GMT Even as inflation eases, global changes including less trade and growing government deficit will keep rates higher than before.
Sun, 03 Dec 2023 23:58:00 GMT Copper, zinc and nickel fell as industrial metals reversed some of the gains that were driven by optimism the Federal Reserve was moving closer to cutting rates.
Sat, 02 Dec 2023 04:01:00 GMT Practically everything rallied in November, with U.S. stocks seeing their best month since the summer 2022, while bonds clinched their best month since ...