Author: redacteur

IPCC Climate report: from ‘code red’ to ‘acute emergency’

The report warns that only with drastic and large-scale measures it is still possible to increase the average temperature on earth by no more than 1.5 degrees.

UN Secretary-General Antonio Guterres concludes on the basis of the report that the fossil fuel industry is doomed. An important explanation for the warming is the emission of greenhouse gases from the use of fossil fuels and, according to Guterres, the extraction of coal, oil and gas must end. The report amounts to a “code red” warning, the UN chief said.

For the IPPC website and the full report, Click here. For a summary of the report Click here

Time of unparalleled complexity

Børge Brende, World Economic Forum President: “Renewing and improving the architecture of our national and international political and economic systems is this generation’s defining task. It will be a monumental undertaking, but an indispensable one. The Global Risks Report demonstrates how high the stakes are.”

This is a time of unparalleled disruption and complexity. Risks—such as climate change, inequality and geopolitical tensions—transcend borders and sectors. However, the collective will to address these challenges is threatened by the sheer scale of the task. With its mission of public-private cooperation and the breadth of its multistakeholder network, the World Economic Forum is uniquely positioned to navigate today’s risks landscape.

PRIMO Europe new board

PRIMO Europe chooses a new board and honours its outgoing members

On the 3rd of September 2020, PRIMO Europe held its yearly General Assembly and has chosen a new board.

Gérard Combe (member and president of PRIMO France), John O’Dea (Secretary-General), Ronny Frederickx (member, Executive Director of UDITE) and Jack Kruf (President) will step back from the board. Gérard, John and Ronny are appointed in the PRIMO Council of Advice. Gérard, John and Ronny are formally appointed as honorary members of PRIMO Europe. Jack was awarded in 2009 as Hon. Founding President.

Newly elected in the board are Rebecca Dalli Gonzi (Secretary-General), Luc Kupers (member), Saskia Wiersma (member). Simon Grima, Tom Wustenberghs and Wouter Slob (now President) are re-elected and complete the new board, together with Paul Gatt (President UDITE).

Global Risks Report 2021

Global Risks Report 2021: Fractured Future

The 16th edition of the World Economic Forum’s Global Risks Report 2021: Fractured Future 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.

Businesses risk a disorderly shakeout which can exclude large cohorts of workers and companies from the markets of the future. Environmental degradation—still an existential threat to humanity—risks intersecting with societal fractures to bring about severe consequences. Yet, with the world more attuned to risk, lessons can be drawn to strengthen response and resilience. In 2020, the risk of a pandemic became reality. As governments, businesses and societies grapple with COVID-19, societal cohesion is more important than ever.

PRIMO Europe new board

 

PRIMO Europe chooses a new board and honours its outgoing members

On the 3rd of September 2020, PRIMO Europe held its yearly General Assembly and has chosen a new board.

Gérard Combe (member and president of PRIMO France), John O’Dea (Secretary-General), Ronny Frederickx (member, Executive Director of UDITE) and Jack Kruf (President) will step back from the board. Gérard, John and Ronny are appointed in the PRIMO Council of Advice. Gérard, John and Ronny are formally appointed as honorary members of PRIMO Europe. Jack was awarded in 2009 as Hon. Founding President.

Newly elected in the board are Rebecca Dalli Gonzi (Secretary-General), Luc Kupers (member), Saskia Wiersma (member). Simon Grima, Tom Wustenberghs and Wouter Slob (now President) are re-elected and complete the new board, together with Paul Gatt (President UDITE).

Quels sont les nouveaux challenges du Risk Manager ?

 

Quels sont les nouveaux challenges du Risk Manager?

L’étude «The European Risk Manager Report 2020» de FERMA en partenariat avec PwC, est publiée tous les 2 ans et permet de mieux comprendre l’évolution du rôle, des enjeux et des activités des Risk Managers, d’identifier leurs priorités et de mettre ces éléments en perspective à l’échelle européenne.

Cette enquête a réuni les témoignages de 764 Risk Managers à travers 34 pays. Elle démontre l’appétence de ces experts à jouer un rôle déterminant dans leur organisation, à s’inscrire de façon durable y compris sur les axes stratégiques et leurs besoins d’être mieux équipés pour le faire. Françoise Bergé, Associée Gestion des risques, PwC France:

« Cette étude, basée sur une enquête menée en Europe avant le pic de la pandémie COVID-19, révèle que le Risk Manager contribue de plus en plus aux grandes transformations des entreprises. Dans un contexte post-crise où l’incertitude va devenir la norme, la formation et les qualifications professionnelles n’ont jamais été aussi importantes. »

Uncertainty in Economic Behaviour

Uncertainty and Challenges in Contemporary Economic Behaviour

Ercan Özen and Simon Grima*

Every day presents new challenges as the face of global economics changes. But in a world of uncertainty, how is the world of finance and economics adjusting to address these new issues?

In this first book in the Emerald Studies in Finance, Insurance, and Risk Management, expert contributors from around the world come together to discuss and address the emerging issues in global economics. Including chapters on international migration in Europe, theories on finance and accounting, labour studies, international economic policy and its effect, affecting factors on financial and capital markets, and the relationship between internal stock markets, Uncertainty and Challenges in Contemporary Economic Behaviour tackles the questions, concerns, and fears of the modern face of global economics.

A fundamental text for any researcher or student of business and economics, this exciting new series investigates and examines some of the most prevalent questions in contemporary economics. Read more

*Simon is a member of the board of PRIMO Europe

Sigma Resilience Index 2020

Irina Fan, Patrick Saner, Thomas Holzheu, Fiona Gillespie

The world economy’s resilience is being shaken by the COVID-19 crisis as countries deplete their fiscal and monetary reserves. Our latest annual resilience indices show profound shifts in economic and household resilience from the COVID-19 pandemic. The crisis is expected to reduce global macroeconomic resilience by close to 20% in 2020 as governments use up fiscal and monetary headroom with stimulus measures. Post-COVID-19, we expect the global economy to be almost 30% less resilient than in 2007 than before the global financial crisis (GFC). Read more

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