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The economy in 2050 is going to look very different, with artificial intelligence, big data, digitization and ever greater automation transforming the ways in which we create wealth and jobs. To reach net zero
emissions will require significant investment in current and new clean technologies, and away from fossil fuels. Economies do not stand still and some sectors will benefit while others, like oil and gas
extraction, will decline. These changes will have implications for jobs and training. By reaching net zero emissions the risks of climate change and associated negative impacts on the economy will be reduced.
This is a global agenda to rally leadership and support from businesses, cities, regions, and investors for a healthy, resilient, zero-carbon recovery that prevents future threats, creates decent jobs, and
unlocks inclusive, sustainable growth. Reaching net zero greenhouse gas emissions by the middle of the century is crucial to achieve the temperature goals on climate action, with clearly defined interim goals.
The pandemic is expected to plunge most countries into recession in 2020, with per capita income contracting in the largest fraction of countries globally since 1870. Advanced economies are projected to shrink 7 percent. That weakness will spill over to the outlook for emerging market and developing economies, who are forecast to contract by 2.5 percent as they cope with their own domestic outbreaks of the virus. This would represent the weakest showing by this group of economies in at least sixty years.
We have often assumed a style of customer education, simplifying the complexities of the market for the benefit of the financially naïve. The typical ‘how would you feel if…’ scenario questions that are so prevalent are not a helpful way to develop client insight. This approach stems from the presumption that the task is to initiate the client in the ways of finance. That is partly true but it is not the crux of the matter. There can be no meaningful discussion without establishing a consensual understanding about the client’s risk dispositions.
Good ideas can come from all corners of a company, but would-be innovators may need help developing a strong strategic argument. The Apexlio Employee Collaboration Project, the innovative agency focused on transformational breakthroughs in the firm, uses a set of simple questions, to think through and evaluate proposed research programs.The first is clear, commonly understood guidelines (also known as simple rules) by which to judge proposed innovations. In an effort to rejuvenate its innovation pipeline, We have created a set of simple rules, derived from successful past innovations.
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