The global economy is projected to grow at a steady pace of 3.2 percent in 2024 and 3.3 percent in 2025, according to the July 2024 World Economic Outlook (WEO) forecast. But this growth is not expected to be uniform across all economies. – Written by Seref Dogan Erbek
The carbon market, a key tool in the fight against climate change, is undergoing significant evolution, from growing voluntary participation to a possible future where carbon credits are traded on stock exchanges. – Written by Seref Dogan Erbek
Sustainable built environments are not just about buildings; they encompass the entire built environment, including transportation systems, open spaces, and communities. – Written by Seref Dogan Erbek
After years of largely unbroken (and record breaking) interest rate hikes, central banks around the world are finally catching their breaths with newly introduced rate cuts. – Written by Seref Dogan Erbek
The World Bank’s Global Economic Prospects report for 2024-25 provides a comprehensive analysis of the global economy’s current state and future trajectory. – Written by Seref Dogan Erbek
In 2023, carbon dioxide (CO2) emissions from energy use reached their highest levels on record, according to a report by the International Energy Agency (IEA). – Written by Seref Dogan Erbek
In a reversal of recent trends, the UN has found that the gap between rich and poor countries is steadily widening. This is according to the United Nations Development Programme (UNDP)’s 2023-24 Human Development Report published in March 2024. – Written by Seref Dogan Erbek
While many countries and regions around the world are moving away from cash to more and more innovative payment methods, the EU seems to be doubling down on cash. – Written by Seref Dogan Erbek
With the proliferation of generative AI in all manner of sectors, it’s natural to wonder, could 2024 be the year of generative AI? – Written by Seref Dogan Erbek
Here’s a quick summary of the key risks highlighted in the Global Risks Report 2024 and how they are likely to play out over the next decade. – Written by Seref Dogan Erbek
