The World Economic Forum and the Digital Cooperation Organization are launching a new Digital FDI initiative
Nigeria to pilot the public-private projects to be rolled out by the initiative, bringing together government and business to create ‘digital friendly’ investment climates across various countries
The initiative will be a continuation of the work the World Economic Forum started in 2020, when a white paper on policies, regulations and measures to attract FDI in the digital economy was published
A pioneering effort to facilitate cross-border investment in the digital economy was launched this week at the World Economic Forum Annual Meeting 2022.

New initiative on Defining and Building the Metaverse provides guidance on how to create an ethical and inclusive metaverse, engaging organizations across the private and public sectors, including business, civil society, academia and regulators
World Economic Forum initiative will focus on two key areas, metaverse governance and economic and societal value creation, and will explore themes across regulatory frameworks, technology choices and economic opportunities
The World Economic Forum announced today a new initiative, Defining and Building the Metaverse. The initiative brings together key stakeholders to build an economically viable, interoperable, safe and inclusive metaverse. Research suggests that the metaverse is expected to grow into an $800 billion market by 2024.

For the first time, 18 global organizations from the oil and gas ecosystem are championing a unified approach to mitigating growing cyber risks and pledging to promote cyber resilience
The global cost of cybercrime is expected to reach $10.5 trillion a year by 2025; the threat of infrastructure breakdown due to a cyberattack is the top personal concern for cyber leaders
The World Economic Forum invites organizations across sectors to endorse the Cyber Resilience Pledge and enhance cybersecurity throughout their systems. Learn more here

For the first time, leading oil and gas stakeholders are calling for industry to come together to stop harmful cyberattacks.

The Open Forum Davos 2022 is hosting a series of panel discussions on 23-26 May, all open to the public upon registration.
Panellists include human rights activist and Nobel Peace Laureate Nadia Murad, Kyiv Mayor Vitaliy Klitschko, climate activist Vanessa Nakate, Moderna CEO Stephane Bancel and many others.
Discussion topics range from the climate crisis and youth mental health, to the war in Ukraine and the Metaverse.
Those who missed the deadline to attend in person can watch Open Forum session via webcast at www.weforum.org/open-forum.

TradeTech, the set of technologies that enables global trade and its digitalization, is critical for trade and supply chain resilience and economic recovery
World Economic Forum and World Trade Organization (WTO) publish joint report – The promise of TradeTech: Policy approaches to harness trade digitalization – to reveal five policy frontiers and how global coordination could unlock more efficient trade
International policy coordination and public-private partnerships are key to ensuring fragmented regulations do not become a technical barrier for technology adoption in global trade

Pro Carton, the European Association of Carton and Cartonboard manufacturers, has released the first of a series of short video interviews with eight influential leaders across the packaging supply chain. The interviews – which feature representatives from leading stakeholders of the cartonboard and carton supply chain – discuss the impact of the recently published 4evergreen Circularity by Design Guideline for fibre-based packaging.

Consumers around the world expect to feel the bite of the ongoing energy price spike
But most people don’t blame climate policies for rising energy costs
Instead, many are aware of increasing market volatility and geopolitical tensions as key triggers
8 in 10 think its important for their country to shift away from fossil fuels to more climate friendly and sustainable energy sources

In a new interview with CMRubinWorld, John Lang, who manages the Energy and Climate Intelligence Unit’s NetZero Tracker, talks with C.M. Rubin (Founder of CMRubinWorld) about the world’s race to Net Zero. Lang specializes in communicating climate science and policy to the public.

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