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Investment in education is vital for ensuring that citizens are ready for the future

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In the closing session of the World Economic Forum’s inaugural Annual Meeting of the Global Future Councils, business and civil society leaders called for the embedding of values in the design of technologies and investment in education to prepare citizens for the future by ensuring they have the skills to succeed in the Fourth Industrial Revolution.

“The pace of change that we have now is the fastest that it has ever been and the slowest it will likely ever be going forward,” Vishal Sikka, Chief Executive Officer of Infosys in the US, explained. “There is a lot of work to do to make people aware and to educate them.” The goal should be to shape an inclusive tech-driven future. “Our brains take the future as an increment of the present,” Sikka reckoned. “But the future is something that we can imagine and create. There is a tremendous opportunity to make a future we wish to live in and not a future that we would be forced to accept.”

“When you use technology, you have to do so in a values framework,” observed Usha Rao-Monari, Chief Executive Officer of Global Water Development Partners in the UK. “Technology has the opportunity of opening up closed systems” and “can be an accelerator of taking away obstacles to change” such as the asymmetry of information and the lack of trust and trustworthiness. Added Erica Kochi, Co-Founder of UNICEF Innovation, United Nations Children’s Fund (UNICEF) in New York: “If we don’t implement education, health and jobs in our technologies by design, then we will create products, services and systems for the haves in the world and that is clearly not the world we want.”

Also critical in building tech-enabled systems for shaping the future is inclusion – and achieving buy-in. “We all have a stake in the systems we operate” such as the climate, said Tim Dixon, Managing Director, Europe, of Purpose in the UK. “Even the system of liberal international institutions is under threat in ways that they haven’t been until now. None of us can be free riders anymore. In this interdependent world, we can no longer aim to succeed by ourselves. The failure of the system is a failure for us ourselves. But how do we build systemic thinking and systemic leadership?” These will be crucial in dealing with multifaceted challenges, such as reskilling people for employment or deploying technology to address problems like the resettlement of refugees.

The inaugural Annual Meeting of the Global Future Councils 2016 brought together over 700 top thought leaders from the World Economic Forum’s Network of Global Future Councils, comprised of 35 groups of experts from academia, business, civil society, international organizations and government. The councils are generating ideas and solutions that influence the future global, regional and industry agendas and will feed them into the programme of the Forum’s Annual Meeting in Davos-Klosters, Switzerland, in January 2017.

In closing the Annual Meeting of the Global Future Councils, Co-Chair Mohammad Al Gergawi, Minister of Cabinet Affairs and the Future of the United Arab Emirates (UAE), called the expert panels “more of a task force to build a future and design it so that humanity can have a better life. This is our mission and our calling.” He announced that the UAE government will launch a national council on the Fourth Industrial Revolution. The UAE itself, he said, will serve as a laboratory for exploring and testing initiatives and approaches to prepare for the future.

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Digital Technology Will Help Djibouti Leap into the Future

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Digital technology will have a critical part to play in boosting Djibouti’s socio-economic development and meeting the ambitious goals set out in its national strategy, Vision Djibouti 2035. As a key step toward building a strong, inclusive digital economy, the Government of Djibouti and the World Bank are co-hosting a high-level event that will explore the potential benefits of digital development and propose a concrete roadmap of action.

“Disruptive technologies are creating new business models, opening up new markets, and giving consumers access to more products and services than ever before. It is hard to overstate the economic potential of these transformations,” said Ilyas Moussa Dawaleh, Djibouti’s Ministry of Economy and Finance. “In a country like ours, developing a high-performing digital ecosystem will provide a unique chance to stimulate the economy and create jobs. The Digital Economy conference starting today will bring us one step closer to this vision.”

“The digital sector will be key to improving the lives of Djiboutian people, expanding our economy, and strengthening our position as a logistics and commercial hub. With eight submarine cable landing on our shores, there is no doubt Djibouti has what it takes to become a digital leader in the region,” noted Abdi Youssouf Sougueh, Minister of Communications. “We are keen to bring in development partners like the World Bank to leverage this infrastructure to the fullest and reinforce all the other fundamentals that are necessary to nurture a vibrant digital economy.”

The conference will bring together a wide range of government representatives, technology pioneers, and development partners. Building on this uniquely diverse combination of knowledge and global perspectives, participants will assess Djibouti’s digital landscape, share international best practices, discuss how technology can help modernize all sectors of the economy, and outline a clear strategy and action plan for digital development in the country.

“Countries around the world are leveraging digital innovation to accelerate economic growth and build a better future for people, and Djibouti is very well positioned to gain from that approach,” said Boutheina Guermazi, World Bank Director for Digital Development. “I am confident this event will pave the way for close collaboration on digital development between the Word Bank, Djibouti, and countries across the Middle East and Africa.”

In addition to discussing Djibouti’s opportunities and challenges, the event will also highlight the need for bolder action on digital development engagement across the region.

Sessions will cover all key dimensions of digital development, with a focus on how to strengthen the five pillars of the digital economy: digital infrastructure; innovation and entrepreneurship; digital financial services and identification; digital platforms; and digital literacy and skills.

“Technological innovation holds great promise for Djibouti. By harnessing the full power of the digital economy, the country could see significant GDP growth, create a future-proof labor market, and raise living standards for all segments of the population. We stand ready to work hand in hand with Djibouti on this journey, to help create the right conditions for a thriving digital sector,” said Atou Seck, World Bank Resident Representative in Djibouti.

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The first shopping tourism project in Mexico

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The World Tourism Organization (UNWTO) and the Municipality of León (Guanajuato, Mexico) have signed an agreement to carry out the country’s first project to develop Shopping Tourism, with the support of the Ministry of Tourism of the State of Guanajuato.

The project is expected to serve as an international reference point and as a showcase at major tourism forums.

The Tourism Observatory of the State of Guanajuato has been a member of the UNWTO International Network of Sustainable Tourism Observatories since 2014. At the World Tourism Organization’s General Assembly held in Medellín, Colombia, in September 2015, Guanajuato expressed its interest in being one of the destinations to develop a project on shopping tourism, and León was the selected destination in light of the fact that 27% of its tourists visit the city to go shopping.

The World Tourism Organization (UNWTO) is the United Nations agency responsible for the promotion of responsible, sustainable and universally accessible tourism.

The project will help León (Guanajuato, Mexico) to develop innovative shopping tourism offerings that link the public and private sectors and that highlight the destination’s tourism attractions and products as well as tourism’s contribution to socio-economic development, which includes the creation of jobs directly in the tourism sector and in the many activities related to the sector.

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Smart city matchmaking in Barcelona

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This year’s Smart City Expo World Congress (SCEWC), Europe’s biggest Smart City related event, takes place from 13 to 15 November in Barcelona and will, like previous editions,  attract several thousand stakeholders.

During the congress, on November 14, the Smart Cities Innovation Partnership on Smart Cities (EIP-SCC) will organise its next matchmaking event, seeking to bring projects and investors together to stimulate action. It is especially tailored to match individual projects with financing.

To take part, stakeholders must register on the matchmaking platform where they will join other cities, industry and financial players. Registered users need to submit short descriptions of their upcoming projects. A dedicated team will then process and match them with financiers’ interests, leading to one-to-one meetings, organised specifically and individually for them and their projects.

Should participation in above-mentioned event not be possible, the matchmaking platform will remain available also after the Barcelona congress, as the EIP-SCC will organise further matchmaking events in the future.

In addition, there will be an exhibition stand, where interested stakeholders can meet any of the 12 Horizon 2020 Lighthouse projects (representing € 270 million of EU funding), experts from the EIP-SCC, the Smart Cities Information System, as well as the European Commission.

Finally, there will be a number of sessions organised at the mentioned exhibition stand as part of the SCEWC programme covering a wide range of Smart City related topics. The full programme is available at http://www.smartcityexpo.com/en/agenda-2018.

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