“It is clearer than ever that we urgently need to take bold actions to counter the global existential threat of climate change and to promote a green economic recovery!
Together, Europe has set an ambitious target of reducing our emissions by 55% compared to 1990 levels. If we are serious about reaching that goal, we governments, businesses and citizens need to think digital.”
Eight ideas on acceleration of the twin transition:
Set ambitious key performance indicators for the twin transition
Promote data cooperation on sustainability
Boost infrastructure & connectivity
Develop international standards for measuring digital enablement and carbon footprint
Increase access to funding for research, development and innovation spending in green technologies
Launch a continent-wide drive for green tech skills
Strengthen the link between digital and green policies
Create sector-specific action plans to facilitate uptake of digital across Europe’s most energy intensive sectors
“Natural disasters and resource scarcity, like limited access to clean water and agricultural land, will lead to security risks and unrest. These challenges are not national but international by nature. It is our common responsibility towards future generations to do what it takes to protect the environment. It is also our common duty to create a strong and competitive European economy, where people have the means to develop and put into practice innovative solutions that we need.”
Got interested? Read the full post from Cecilia Bonefeld-Dahl here .
Much more details on the eight ideas can be read in the report DIGITALEUROPE – download a copy here.
AI and machine-learning tools can enhance strategic planning.
In this episode of the Inside the Strategy Room podcast, McKinsey Insights explores how digital analytics is revolutionizing strategy. Nicholas Northcote, who for years led McKinsey’s research on strategic decision making, is joined by Sagie Davidovich, the cofounder and CEO of SparkBeyond, a McKinsey partner company that operates an AI-driven analytics platform, and Sasha Vesuvala, who leads much of McKinsey’s work in applying advanced analytics to strategy and growth-related questions. To read this edited transcript of the discussion follow this link.
With the rapid rise in circulation of stablecoins over the past couple of years, central banks have stepped up efforts to explore their own stable digital currencies.
Cryptocurrency has been touted for its potential to usher in a new era of financial inclusion and simplified financial services infrastructure globale. To date, however, its high profile has derived more from its status as a potential store of value than as a means of financial exchange. That disconnect is now evolving rapidly with both monetary authorities and private institutions issuing stabilized cryptocurrencies as viable, mainstream payments vehicles.