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Water is Key to Attain Sustainable Development, Prosperity and Peace

By 255a9ee1-8ee4-4ee7-9e72-ef892c83f26d • December 10, 2024
Water is the door-key to unlock SDGs attainment, to enable peace and prosperity” expressed Retno Marsudi, the UN Secretary-General’s Special Envoy for Water at the 40th UN-Water Meeting in New York (4/11). The Special Envoy calls on the UN-Water members and partners, to work together, harder, and closer – within and beyond the UN system. She emphasized that cooperation and collaboration are key to accelerate progress, in a world where water-related efforts are faced with two big limitations – resources and time. Resources are very limited. She quoted the World Bank Report that “Until 2030, efforts to build water-related infrastructure will need US$ 6.7 trillion”. Time is also limited, she reminded UN-Water members and partners that “with only 2 years until the next UN Water Conference in 2026; 4 years to the end of the Water Action Decade in 2028; and 6 years to achieve the 2030 Agenda, time is a luxury”. “Therefore, we need to ensure strengthened means of implementation, including financing

World Economic Forum Recognizes Leading Companies Transforming Global Manufacturing with AI Innovation

December 10, 2024
he World Economic Forum announces today that 22 innovative manufacturers have joined the Global Lighthouse Network, expanding the community to 172 leading production facilities and value chains that harness digital technologies at scale to drive next-generation operational excellence, environmental sustainability and workforce development. Amid global supply chain disruptions, technological advances and growing environmental pressures, sustainable transformation of global production has become critical to fuel much-needed productivity gains. The growing Global Lighthouse Network and its diverse members demonstrate how to harness artificial intelligence (AI) and other advanced technologies in tackling these challenges where others have struggled to do so, future-proofing the industry by enhancing agility, resilience and environmental responsibility. The latest cohort of 19 Fourth Industrial Revolution and three Sustainability Lighthouses spans 10 countries: China, the Czech Republic, Germany, India, Mexico,

New Report Introduces Seven Readiness Factors for Countries to Grow their Share of Global Supply Chains as 90% of Manufacturers Regionalize

December 10, 2024
A new report released today by the World Economic Forum provides a comprehensive framework for governments and companies identifying the factors that make a location attractive for investment in manufacturing and supply chains. Ongoing geopolitical, technological and environmental disruptions are prompting companies to rethink their supply chain network design, with over 90% of leaders prioritizing regionalization and close to two thirds of manufacturers adopting a “power-of-two” geographical approach, ensuring the majority of their direct spending is sourced from two separate regions. Five key trends are driving this shift – including a move to more regionalized hubs, a transition to a digital-first model of operations, the adoption of more innovative approaches to sustainability and a deeper focus on skills and customer value. “As global value chains undergo a profound transformation, countries and companies have a unique opportunity to redefine their competitive edge," said Kiva Allgood, Head of the Cen
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