Forest destruction and degradation is accelerating the severe climate and nature crises facing the world. Halting business practices that contribute to this degradation is a vital priority and investment in forest conservation and restoration is urgently needed. Investing in forests fulfils multiple corporate priorities.

Natural climate solutions (NCS) play a critical role in supporting the future of both climate and nature. Research conducted for this report confirms estimates that NCS can provide one-third (close to 7 Gt CO2) of the climate mitigation to reach a 1.5- or 2-degree pathway by 2030—and at a lower cost than other forms of carbon dioxide removal.

Widening access to clean, reliable electricity is one of the greatest challenges to sustainable development in Africa. Energy storage, particularly batteries, will be critical in supporting Africa’s progress to full energy access by 2030, enabling off-grid and on-grid electrification.

As countries continue their progress in transitioning to clean energy, it is critical to root the transition in economic, political and social practices to ensure progress is irreversible, according to the World Economic Forum's Fostering Effective Energy Transition 2021 report.

Circular solutions can be used by African countries to attain vital climate action targets and sustainable development goals. With this in mind, the African Circular Economy Alliance (ACEA) was launched to spur the continent’s transition to a circular economy that delivers economic growth, jobs and positive environmental outcomes.

The members of the Collaborative Innovation for Low-Carbon Emitting Technologies initiative (LCET) identified key policy priorities to enable the development and upscaling of low-carbon technologies in the chemical sector and related value chains.

Another generation of women will have to wait for gender parity, according to the World Economic Forum’s Global Gender Gap Report 2021. As the impact of the COVID-19 pandemic continues to be felt, closing the global gender gap has increased by a generation from 99.5 years to 135.6 years.

The 16th edition of the World Economic Forum’s Global Risks Report analyses the risks from societal fractures—manifested through persistent and emerging risks to human health, rising unemployment, widening digital divides, youth disillusionment, and geopolitical fragmentation.

As a second wave of COVID-19 causes further economic and social disruption, smart data-driven cities, powered by smart infrastructure and solutions, are using data analytics and predictive modelling to help shape their pandemic response to limit the loss of human life and minimize economic disruption.

The Global Competitiveness Report series has since its first edition aimed to prompt policy-makers beyond short term growth and to aim for long-run prosperity.

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