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February 4, 2021

World Economic Forum appoints New Member to Board of Trustees

Julie Sweet joins the World Economic Forum Board of Trustees.

The Board of Trustees is the guardian of the World Economic Forum’s mission and values.

World Economic Forum

Photo: Impressions from the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 20 January 2020. Image provided by & copyright © World Economic Forum / Valeriano Di Domenico.

Geneva, Switzerland, 4 February 2021 - The Chief Executive Officer of Accenture, Julie Sweet, will join the Board of Trustees of the World Economic Forum. Sweet’s track record of success and commitment to enhancing gender diversity in business will significantly contribute to strengthening the Forum in its mission of improving the world’s state.

The Board of Trustees, the highest governing body of the World Economic Forum, is responsible for its strategy and advancing its values. As a reflection of its multistakeholder status, membership is divided equally between representatives of the business community and leaders from government, international organizations, and civil society.

“The World Economic Forum is delighted to welcome Julie Sweet to its Board of Trustees. We look forward to working with her to deliver on the Forum’s commitment to advancing stakeholder capitalism and contributing to more resilient and equitable societies,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.

“Collaboration between the world’s governments, businesses, and cultural leaders has never been more critical,” said Julie Sweet, Chief Executive Officer, Accenture. “I am honored to join the board of the World Economic Forum and help advance its work to find shared and actionable solutions to our most pressing issues while shaping a more inclusive and sustainable future for all.”

Julie Sweet is CEO of Accenture and serves on the company’s board of directors. Before becoming CEO in 2019, she served as CEO of Accenture’s business in North America and as Accenture’s general counsel, secretary, and chief compliance officer for five years. Before joining Accenture in 2010, Sweet was a partner for ten years in Cravath, Swaine & Moore LLP.

Outside Accenture, Sweet is a leader in innovation, technology’s impact on business, and inclusion and diversity. She serves on the board of directors for the Business Roundtable, where she is Chair of its Technology Committee. She also serves on the board of directors for Catalyst.

As of 3 February 2021, the Members of the Board of Trustees of the World Economic Forum are:

Source: World Economic Forum

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Edited & Posted by the Editor | 11:32 AM | View the original post

February 3, 2021

IMF World Economic Outlook Update


Photo: International Monetary Fund. World Economic Outlook Update. Economic Counselor and Director of the Research Department, Gita Gopinath, delivers the World Economic Outlook at the IMF headquarters. IMF Photo/Joshua Roberts. January 26, 2021. Washington, DC, United States of America.


Photo: International Monetary Fund. Snow in Washington, DC. Pedestrians walk past the International Monetary Fund’s HQ1 and HQ2 buildings during the season’s first snow in Washington, DC. IMF Photo/Cory Hancock. December 16, 2020. Washington, DC, United States of America.

Washington, DC, January 31, 2021 / — Global growth is getting an upgrade. However, prospects for recovery are still highly uncertain due to the race between rolling out vaccines and mutations to COVID-19, the IMF says in its latest quarterly update to the World Economic Outlook report (January 20).

“We are living in highly uncertain times. We are projecting the world would grow this year instead of a severe collapse last year, but there is uncertainty. A lot depends upon the outcome of this race between a mutating virus and vaccines and how much policy support can hold up,” IMF Head of Research Gita Gopinath told reporters in a virtual briefing.

The IMF forecasts a 5.5% boost in growth in 2021, after a 3.3% drop in 2020 - the most severe hit to the global economy since the Great Depression.

But not all countries and regions are growing at the same pace, the IMF says.

The global recovery looks uneven, and the Covid-19 crisis won’t be over for anyone until it gets solved for everyone, Gopinath said. Countries need to cooperate and share resources to ensure an equitable and rapid distribution of the vaccine.

“The international community must act quickly to make sure that vaccinations and the logistics of delivery of the vaccine vaccinations are available globally to address what is currently a deeply inequitable distribution of access to vaccines across the world,” the IMF’s chief economist added.

“The health and economic arguments for this are just simply overwhelming. The new virus strain says, as we have made abundantly clear, that the pandemic is not over until it’s over everywhere. And we estimate there the benefit of more rapid progress towards ending the health crisis. It will add nine trillion dollars cumulatively to the global economy between 2020 and 2025, with benefits for all countries, including advanced economies of around four trillion dollars,” said Gopinath.

The IMF recommends that countries with fiscal space continue to use those resources to support those people and companies in need of help in the crisis.

One example many are watching: the Biden Administration and Democrat’s proposed $1.9 trillion support package could significantly boost growth. However, Gopinath said it was early days to assess its impact.

“For the U.S. economy, we have this can raise output, incomes or output in the U.S. by five percent over three years. That’s what we have estimated, including increasing growth this year by one and a quarter percent. But again, to be very clear, this is all still preliminary,” added Gopinath.

Source: IMF

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Edited & Posted by the Editor | 3:29 AM | View the original post

February 2, 2021

FIFA and WHO #ACTogether to tackle COVID−19

Star footballers, competing team captains will promote equitable global access to vaccines, treatments, and diagnostics.



Photos: FIFA and WHO #ACTogether to tackle COVID−19. Images provided by & copyright © FIFA.

Geneva, Switzerland, Monday, February 01, 2021 — FIFA (Fédération Internationale de Football Association) is teaming up with WHO (World Health Organization) to promote the need for fair access to COVID-19 vaccines, treatments, and diagnostics. FIFA will encourage people to keep practicing life-saving, simple public health measures to prevent the coronavirus spread and protect health.

In conjunction with the FIFA Club World Cup 2020, being held in Qatar from 4 to February 11, 2021, FIFA and WHO are launching a public awareness campaign involving star footballers through TV and in-stadium messaging to further promote the Access to COVID-19 Tools (ACT) Accelerator initiative launched in April 2020, and to urge people to practice mask-wearing, physical distancing and hand hygiene.

“We all have to play our part in the battle against the coronavirus. We are also calling on the international community to #ACTogether to ensure a level playing field about access to vaccines, treatments, and diagnostic tests across the globe,” FIFA President Gianni Infantino said during a video conference before the kick-off of the FIFA Club World Cup.

Dr. Tedros Adhanom Ghebreyesus, WHO Director-General, thanked FIFA and the players for helping raise awareness on life-saving interventions that all people can follow. FIFA would bring out the importance of intensified global support for the ACT Accelerator to ramp up development and equitable allocation of vaccines, treatments, and tests to combat the coronavirus pandemic.

“Fairness is the foundation of football and all other sports, and this also must be the same when it comes to health,” said Dr. Tedros Adhanom Ghebreyesus. “The rules of the COVID-19 challenge are simple: all people at risk from the coronavirus in all countries must have equitable access to life-saving vaccines, treatments, and diagnostics. In just nine months, the world has established these three powerful lines of defense against COVID-19. But our goal now is to ensure equitable access and continued refinement of these tools.”

Dr. Tedros added: “WHO is grateful to FIFA for teaming up with health partners worldwide to promote the need for the fair distribution of the tools needed to defeat the coronavirus.”

The new FIFA-WHO collaboration will amplify life-saving messages to a global audience with a series of promotional videos broadcast during the FIFA Club World Cup. In the videos, competing club captains reiterate the critical steps for everyone to follow to tackle and defeat the coronavirus by focusing on hands, elbow, face, distance, symptoms, masks, and opening windows.

“We mustn’t forget that health comes first,” said the FIFA President. “Only by following the advice of our medical professionals will we be able to eliminate the threat posed by COVID-19, and I call upon everyone to follow these steps in their daily lives. This advice not only protects you but also protects your loved ones and those around you. In delivering these messages during the FIFA Club World Cup, I appreciate the support given by the participating teams and their players, coaching staff, and other officials in respecting the tournament protocols and ensuring that we keep the football flame flickering brightly during these challenging times.”

The video awareness campaign will feature players and head coaches from the competing teams at the FIFA Club World Cup Qatar 2020 and FIFA Legends. It will get published on various FIFA, WHO, and digital channels, through broadcasters worldwide.

Sources: FIFA / WHO

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Edited & Posted by the Editor | 11:30 AM | View the original post

February 1, 2021

MIT Technology Review Insights Ranking highlights the Countries making the fastest progress to a low-carbon future.

MIT Technology

MIT Technology

Photo: Greenery. Image credit: Tom Blackwell.

MIT Technology


Photo: The MIT Green Future Index Rankings World Map.

CAMBRIDGE, Mass., Jan. 31, 2021 — The Green Future Index, a new study by MIT Technology Review Insights, in association with Citrix, Morgan Stanley, and Salesforce, ranks 76 countries and territories. The nations get ranked on the progress and commitment they are making toward a green future. The index indicates what they are doing to reduce carbon emissions, develop clean energy, innovate in green sectors, and the degree to which governments are implementing effective climate policies.

The MIT Technology Review index shows which countries are progressing fastest in global efforts to decarbonize and limit global heating in line with the Paris Agreement’s goals.

The key findings are as follows:

“Covid-19 has created a huge momentum for developing green industries and financing infrastructure that will be clean, technologically advanced, and climate-resilient,” says Nico Crepaldi, head of custom content, MIT Technology Review. “In the future, we’re likely to see ‘green’ being synonymous with economic competitiveness.”

• The Green Future Index Country Rankings

  1. Iceland
  2. Denmark
  3. Norway
  4. France
  5. Ireland
  6. Finland
  7. Costa Rica
  8. New Zealand
  9. Belgium
  10. Netherlands
  11. Germany
  12. Sweden
  13. Luxembourg
  14. Canada
  15. Austria
  16. Singapore
  17. United Kingdom
  18. Spain
  19. Switzerland
  20. Uruguay
  21. India
  22. Italy
  23. Kenya
  24. Chile
  25. Colombia
  26. Morocco
  27. Ethiopia
  28. Czech Republic
  29. Thailand
  30. Portugal
  31. South Korea
  32. Brazil
  33. Kazakhstan
  34. Poland
  35. Australia
  36. Mexico
  37. Greece
  38. Israel
  39. Hungary
  40. United States
  41. Cameroon
  42. United Arab Emirates
  43. Philippines
  44. Bulgaria
  45. China
  46. Taiwan
  47. South Africa
  48. Romania
  49. Vietnam
  50. Slovakia
  51. Zambia
  52. Angola
  53. Nigeria
  54. Uganda
  55. Dominican Republic
  56. Malaysia
  57. Indonesia
  58. Egypt
  59. Argentina
  60. Japan
  61. Saudi Arabia
  62. Ecuador
  63. Ukraine
  64. Hong Kong
  65. Kuwait
  66. Peru
  67. Pakistan
  68. Turkey
  69. Bangladesh
  70. Guatemala
  71. Ghana
  72. Algeria
  73. Russia
  74. Iran
  75. Paraguay
  76. Qatar

Source: MIT Technology Review Insights

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Edited & Posted by the Editor | 6:49 AM | View the original post

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