The OECD released its interim economic outlook report for 2025 in mid-March, and it does not make for pretty reading. Right off the bat, the report points out that, while the global economy was resilient in 2024, this year will be underwhelming in several respects. As a result, growth projections will be less optimistic than …
March 2025 OECD Economic Outlook: Steering through uncertain times Read More »
The UN Department of Economic and Social Affairs recently released the World Economic Situation and Prospects 2025. The report highlights the global economic outlook for the coming year, including the prospects for growth and where challenges may hinder progress. The report indicates that global economic growth is projected to remain at 2.8% in 2025, unchanged …
Climate finance refers to the financial resources and instruments used to support actions aimed at mitigating and adapting to the impacts of climate change. This includes funding for renewable energy projects, energy efficiency improvements, and initiatives to enhance climate resilience. Climate finance is crucial as it helps provide the large-scale investments needed to transition to …
The evolution of banking commitments in climate finance Read More »
The concepts of sustained economic growth and sustainable economic growth are often discussed in economic and environmental circles, but they are not always seen as compatible – and I do not think that they should be. While sustained economic growth focuses on a consistent increase in a country’s economic output over time, sustainable economic growth …
Is ‘sustained’ economic growth compatible with ‘sustainable’ economic growth? Read More »
In the face of escalating climate change, banks are increasingly recognizing the importance of robust climate risk management. In my opinion, this shift is not just about corporate responsibility; it’s a critical component of financial stability and regulatory compliance. Technology companies are stepping up to provide innovative solutions that help banks navigate this complex landscape. …
The emerging role of technology companies for banks’ climate risk management Read More »
The automobile industry is currently facing a significant crunch, primarily driven by a global semiconductor chip shortage and widespread supply chain disruptions. While these challenges have undoubtedly created a crisis, they also present a unique transition opportunity for the industry. In this article I explore why the current crunch is more of a transition opportunity …
As the world grapples with economic uncertainties, the intertwined issues of inflation and commodity scarcity have profound implications for global food prices. These phenomena not only affect the cost of living but also have far-reaching consequences for food security, economic stability, and social cohesion. Here I take a brief look at some of the implications …
Inflation and commodity scarcity: The long-term effects on global food prices Read More »
Europe consistently ranks amongst the most developed regions in the world and countries in the region record constantly high development ratings, based on the Human Development Index. Yet, the question of achieving economic growth is one that continues to trouble the region, particularly given the relative “lack of productivity” and “business dynamism” in Europe. As …
Europe’s challenge: How to sustain economic growth without sacrificing social equity Read More »
The European banking sector has faced significant challenges over the past decade, particularly with the issue of impaired loans. These loans, often referred to as non-performing loans (NPLs), have been a persistent problem, exacerbated by various economic crises. This article explores the recent history of impaired loans in Europe and the current concerns surrounding a …
Economic data is a cornerstone in forecasting future growth, particularly for emerging markets. By analyzing various economic indicators, stakeholders can make informed decisions that drive sustainable development. This article explores how economic data is utilized in forecasting growth, with specific examples from emerging markets in Asia and Africa. Identifying Trends Economic data helps identify growth …
Emerging Markets: The role of economic data in forecasting future growth Read More »
