The inaugural ‘Urban Future with a Purpose’ webinar, held on 28th January, focused on how governments and organizations across the globe are working together to create the society of the future—a society that will be greener, more sustainable and prosperous, digital and just.
- The global reach of the pandemic has resulted in multiple humanitarian, economic and health crises. The economic impact could amount to $10 trillion USD in forgone GDP in 2020 and 2021. Yet, these are also times of great investments. Over the next two years, governments around the world will seek to spend approximately 10 Trillion Euros to finance the economic recovery.
- Public policies and public investments play a critical role in shaping the society of tomorrow, but so do organizations and investors. Only with an integrated response, a truly inclusive and sustainable society will be achieved. As the President of the European Commission, Ms. Von der Leyen highlighted “A climate neutral, zero-waste and, above all, healthy future requires everyone's commitment. It requires guidance and funding from the European institutions…But it also requires vision and engagement from local administrators and the private sector.”
- The pandemic has also profoundly changed the way we experience our cities, we must therefore adapt our urban environments to new challenges, giving us a unique opportunity to rethink and reshape the way we live.
- The European Green Deal is the EU response for a “clean, circular and environmentally friendly economy.” Built on the principles of the circular economy, the EU has put together a recovery package worth almost €2 Trillion Euros to finance a green recovery, the largest stimulus package in the history of the Union. As the President of the European Commission, Ms. Von der Leyen highlighted: “We want to use these investments, not only to restart the economy, but also to improve the air we breathe in our cities.” Given “half of the waste is produced in cities. We need to change our culture and invest in the transition.” “Cities have to be involved. They can offer projects that meet our European goals of the green and digital transition. Cities must contribute. Because the city is where all the challenges are coming together.”
- The World Economic Forum has led the development of a set of core Environmental, Social and Governance (ESG) metrics that will result in long-term value creation for business, society and the planet. Punit Renjen, Deloitte Global CEO, and Brian Moynihan, Bank of America CEO, discussed how ESG metrics and their adoption can speed progress towards United Nation’s Sustainable Development Goals (SDGs) and create sustainable long-term value. As Punit Renjen, commented ”[with]…businesses working together, we can advance stakeholder capitalism”, given that “this is not just the right thing to do, but the right business thing to do.”
Ursula Von den Leyen, President of the European Commission
Punit Renjen, Deloitte Global CEO
Brian Moynihan, Bank of America CEO
Webinar Hosted by:
Lídia Pereira, Member of the European Parliament
Miguel Eiras Antunes, Global Smart City, Smart Nation and Local Government Leader, Deloitte
Our next webinar will be on 18 March and will focus on Using Data to Build a Better & Inclusive Society. More information will be available shortly.
For more information regarding the webinar series, please contact Sofia Godinho Marques.