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Russia Joins Centre for the Fourth Industrial Revolution Network

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Russia will take a leading role in shaping the trajectory of the Fourth Industrial Revolution. Today, leaders from the Russian Federation and the World Economic Forum announced the Centre for the Fourth Industrial Revolution Russia.

Part of the Forum’s global Network, the new Centre will bring together leading businesses, policy makers and members of civil society to co-design and pilot innovative approaches to technology governance.

Over the past five years, the World Economic Forum Centre for the Fourth Industrial Revolution Network has expanded to 15 countries. Project teams worked across public and private sectors to built new policies for drones and commercial aircraft to fly in the same airspace, government procurement of artificial intelligence and accelerated responsible blockchain deployment across the global supply chain.

The Centre for the Fourth Industrial Revolution Russia will be hosted by ANO Digital Economy in Moscow. It will work across the global network to maximize the benefits of technologies such as Artificial Intelligence and Internet of Things, while minimizing its risks.

The President of the World Economic Forum, Børge Brende and the Deputy Prime Minister of Russia, Dmitry Chernyshenko, on behalf of the Russian government signed the agreement today in Moscow.

“Rapid technological discovery is disrupting our economic and social systems. Coordinated, impact-orientated action is needed to manage this change,” says Børge Brende, President of the World Economic Forum. “The new Centre for the Fourth Industrial Revolution in Moscow will be an important part of the Forum’s global network. It is important we work across borders to shape a future that leaves no one behind.”

“Today, Russia is building digital economy actively in industrial and social spheres as well as in public administration,” said Dmitry Chernyshenko, Deputy Prime Minister of the Russian Federation. “We are now witnessing an unprecedented breakthrough development. The main purpose of the Centre for the Fourth Industrial Revolution Moscow is to grow awareness of Russia’s role as part of the global expert community. This is an opportunity to share experience and expertise gained by the World Economic Forum and its partners around the world.”

Chernyshenko continued, “There are plans of launching pilot projects on legal protocols, AI and IoT together with the Forum at the Centre. The first projects will be launched before the end of this year and will include self-driving cars, drones, medicine and data processing. Russia has been actively implementing AI technologies over the past few years. Today there are more than 800 such solutions and some of them are already visible on international markets. In general, cooperation with the Forum will be carried out in various areas such as data policy, smart cities, export support and promotion of Russian IT technologies to foreign markets.”

“We are glad to join the global network of Centers for the Fourth Industrial Revolution,” said General Director of ANO “Digital economy” Evgeny Kovnir. “Our organization brings together leading Russian technology companies. We will work together with leaders from these companies and across the network to explore and implement the best international AI, IoT, and data policy solutions. We will bring Russia’s advancements in these areas to the global network and help to shape global progress in the Fourth Industrial Revolution.”

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Standards & Digital Transformation – Good Governance in a Digital Age

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In celebration of World Standards Day 2021, celebrated on 14 October every year, the United Nations Industrial Development Organization (UNIDO) is pleased to announce the launch of a brochure, “Standards and Digital Transformation: Good Governance in the Digital Age”.

In the spirit of this year’s World Standards Day theme “Shared Vision for a Better World”, the brochure provides insights into the key drivers of the digital transformation and its implications for sustainable development, particularly people, prosperity and planet. Noting the rapid pace of change of the digital transformation, with the COVID-19 pandemic serving as an unanticipated accelerator, the brochure highlights the role of standards in digital transformation governance. It further considers the principles necessary for guiding the collaborative development of standards in the digital technology landscape to ensure that the technologies remain human-centered and aligned to the goals of sustainability.

This year’s World Standards Day theme highlights the Sustainable Development Goals (SDGs) representing a shared vision for peace and prosperity, for people and planet. Every SDG is a call for action, but we can only get there if we work together, and international standards offer practical solutions we can all stand behind.

This brochure is a summary of a publication set to be released in November 2021.

Download it here.

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AutoFlight presents V1500M – an autonomous passenger eVTOL aircraft

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Shaping the future of urban air mobility: The tech company AutoFlight shows an autonomous passenger eVTOL aircraft: the V1500M. It will change the face of personal air transportation. AutoFlight debuted its autonomous fixed-wing passenger electric vertical take-off and landing aircraft (“eVTOL”) to the world at the China Airshow in Zhuhai.

With its sleek looks and innovative technology the V1500M doesn’t rely on runways and airports. It can vertically take-off and land anywhere anytime. Virtually any rooftop or flat surface becomes a vertiport. When it reaches a certain altitude, the power system turns on the dual prop pusher, so that V1500M is able to cruise at speeds of a fixed-wing airplane. And in low-altitude airspace, the all-electric design enables the aircraft to operate at a very low noise level. 

As the energy consumption in the fixed wing mode is much lower than in the multirotor mode the V1500M can fly much further than any pure multicoptor eVTOL.

Being able to fly without a pilot, the V1500M’s uses eight lifting motors to take off and land vertically like a multi-rotor aircraft, and fly as far as 250 km when carrying up to four passengers. At the moment, a safety pilot is still mandatory. Yet as technology advances and regulations become increasingly refined, that space can later be allocated to another passenger or extra luggage. 

“The V1500M is a milestone – not only for AutoFlight but also for the global development of the urban air mobility“, so Tian Yu, founder and CEO of AutoFlight. “Our company is committed to developing safe and reliable passenger eVTOL aircraft and helping to create a better mobility future.”

In terms of safety, AutoFlight with its rich experience in aircraft design, manufacturing and its dedication to make reliable flying cars, following aviation industry’s standards. The lifting rotor’s and prop pusher’s redundant power system guarantees that the aircraft could hover safely when two of the rotors malfunction. In case of one propeller failure, the other still ensures safe flight and landing. The V1500M also has an whole-aircraft parachute, which is designed to act as the last line of safety to protect passengers so they enjoy safe flying.

V1500M will accomplish its first flight in the near future. The goal is to certify the aircraft with the aviation authorities by 2024.

Tian Yu: “AutoFlight will keep contributing to the eVTOL industry. Through building safe, efficient, systematic R&D and AC processes, leveraging domestic and international resources and establishing partnerships across industries, AutoFlight strives to accelerate the practical implementation of eVTOLs in commercial applications and lead us into a better future with UAM.”  

With its tradition and the experience, AutoFlight aims to create cost-effective, safe, and reliable eVTOL

AutoFlight is one of the earliest tech companies in China to start making autonomous eVTOL, including large payload logistic and autonomous unmanned aerial vehicles (UAVs). Logistic UAVs were introduced first. They have now accumulated over 10,000 hours of flight time and been tested in all kinds of extreme conditions.

AutoFlight owns proprietary intellectual property rights in key technologies such as flight control systems, electrical systems or other core components. They have obtained over 200 domestic and international patents for its self-developed modules including highly efficient electric motors, electronic control systems, and durable lightweight carbon-fiber composite materials. 

“Following our cargo-to-passenger-strategy we go ahead step-by-step but very straight forward“, says Tian Yu. 

V1500M’s Key Specifications
Aircraft length10.3 m
Wingspan12.8 m
Fuselage height3.1 m
Maximum take-off weight (MTOW)1500 kg
Typical seating 3 – 4 
Cruise speed200 km/h
Flight range (fully seated)250 km

About AutoFlight

AutoFlight is a global high-tech startup, born in China, specializing in developing and manufacturing autonomous aerial vehicles. AutoFlight’s mission is to provide safe and reliable aerial logistic systems and urban air mobility solutions for human society. By leveraging new technologies in aviation, new material, artificial intelligence, autonomous driving, and 5G, AutoFlight actively drives development in eVTOL (electric Vertical Takeoff and Landing) industry.

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Critical Decarbonization Technologies Need at Least “10x” Investment

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Breakthrough technologies such as hydrogen-based fuels, bioenergy and carbon-capture storage solutions are needed to hit the global goal of zero emissions by 2050.

To scale these technologies and take them to market, at least a tenfold increase in investment is needed, according to the How to Finance Industry Net-Zero report.

Released by the World Economic Forum and Oliver Wyman, the report outlines how to address the supply-and-demand-side gap and take these technologies to the next level.

Part of the Forum’s Financing the Transition to a Net-Zero Future Initiative, the report brings together input from over 50 financial institutions and the public sector. Their focus is on how to steer capital to breakthrough technologies and drive a more sustainable future.

Key findings:

· The innovative blending of capital supported by an enabling ecosystem is needed, where different sources of public and private capital are brought together in technology-specific financing blueprints. To do this effectively, mechanisms that activate collaboration among multiple stakeholders are necessary.

· Transformative business models are essential, where industry participants and capital providers work together to establish new contracts and ways of doing business to increase the probability of commercial success.

· Targeted public intervention is critical, focused on the design of incentive schemes rewarding early movers adopting innovative technological solutions and de-risking schemes to mitigate investment risks unique to these innovative solutions.

The challenge ahead is significant, but not insurmountable,” said Derek Baraldi, Head of Sustainable Finance and Investing, at the World Economic Forum. “If executed thoughtfully, the mobilization of finance to breakthrough technologies presents a tremendous investment opportunity. This study found that there is a real appetite from industry for thoughtful partnership and collaboration between private and public capital providers.”

“Organisations have announced ambitious pledges to finance the transition to net-zero but the progress made to date is not enough,” added Ted Moynihan, Managing Partner and Global Head of Industries, Oliver Wyman. “There is a huge gap in financing of early-stage decarbonization technologies, which will be absolutely critical to achieving our targets from 2030 to 2050. With more research breakthroughs coming, we are now in a vital moment to accelerate the mobilization of capital towards decarbonization technologies in hard-to-abate industries.”

By proposing an initial set of financing approaches and de-risking solutions, the report seeks to initiate an important discussion on how to rapidly accelerate the deployment of capital towards breakthrough technologies.

The report launched at the Mission Possible Partnership event Supercharging Industrial Decarbonisation. It brought together public and private sectors from shipping, aviation, and steel. The Mission Possible Partnership will share learnings across these critical industrial sectors and present sector-specific blueprints for industrial decarbonisation.

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