Soft skills should have a more prominent place in instruction, in order to increase adaptability
These soft skills should be developed early, in basic education, and then later refined at colleges and universities - as well as, ideally, during lifelong learning as an adult. By providing a strong base of soft skills, an educational system can serve as a catalyst not only for an increased adaptability to future jobs, but also for a generally improved quality of life. However, shifting demand for skills across industries will require that curricula be updated and adapted on a regular basis - because they are naturally informed by the evolution of labour markets.
Global energy investment is poised to rebound post-pandemic, but more must be directed at the clean energy transition
Amid growing political interest in infrastructure investment as a means to boost productivity and create jobs, the appeal of sustainable infrastructure has long seemed poised to grow. However, there have been troubling signs; a political shift in the US in recent years, for example, resulted in the withdrawal of money promised to the United Nations-backed Green Climate Fund (the US has since promised to make good on its funding pledges). The continued, healthy expansion of sustainable infrastructure will require a new architecture of public-private investment, supported by overseas development assistance, government spending, and sovereign wealth funds.
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Much of the interest in green bond issuance has been driven by China, as the Bank of China and the Shanghai-based New Development Bank began issuing their first green bonds in 2016. However, investment in renewable energy technology has disappointed recently, according to the International Energy Agency. Policies and investments are not consistently moving in the right direction. While there were record renewable power capacity additions in 2022, the year also saw the highest levels of fossil fuel subsidies ever, as many governments sought to cushion the blow of high energy prices for consumers and businesses. Global investments across all energy transition technologies reached a record high of USD 1.3 trillion in 2022, yet fossil fuel capital investments were almost twice those of renewable energy investments. With renewables and energy efficiency best placed to meet climate commitments - as well as energy security and energy affordability objectives – governments need to redouble their efforts to ensure investments are on the right track.
The International Court of Justice and regional bodies are meant to provide necessary legal frameworks and mechanisms
Justice is often understood as a multidimensional concept encompassing redistribution, recognition, and representation. Within the realm of redistribution, for example, the concept is often invoked in the context of both economic need, and demands for the equitable sharing of resources. Unfair or inefficient distribution and injustice in such a context are often seen as being rooted in the political economy - and frequently associated with class inequality. The Universal Declaration of Human Rights (UDHR), drafted in 1948, provides a fundamental global governance framework to both voice and address demands related to maldistribution, misrecognition, and misrepresentation. Leading multilateral institutions such as the International Court of Justice, and regional bodies such as the Inter-American Court of Human Rights and the Court of Justice of the European Union, provide the legal frameworks, space, and mechanisms to address justice demands. Historically, these demands have been enacted through both global governance institutions (such as the UDHR) and social activism campaigns. The combined use of both social activism and institutional frameworks, to voice social justice claims and force related government action, is known as the “boomerang effect.”
This occurs when domestic activists enlist international actors and organizations to pressure their own governments to adhere to - and uphold - international protocols and treaty obligations. Such tactics have succeeded in fighting apartheid in South Africa, upholding women’s rights in Latin America, and voicing environmental concerns in Europe and Asia. However, there have also been challenges; some governments have simply banned international NGOs, precluding local activists from gaining international visibility. On other occasions, international NGO campaigns have not always represented or addressed the concerns of domestic constituents. In addition to ongoing demands for recognition, redistribution, and representation, there are two other pressing global challenges in the realm of justice. The first stems from the disproportionate impacts of climate change not only on vulnerable communities, but also on non-humans and on future generations. The second stems from rapid technological advancement, the increasing use of data, and the ways in which artificial intelligence can shape discourse and the redress of grievances. These twin challenges have exposed the limitations of existing international legal frameworks, and point to an urgent need to develop necessary mechanisms for oversight and more avenues for expression and redress.
Public outrage over a broken system has forced policy-makers to try to come up with fairer solutions
The multinational enterprise is on the rise. While this reflects general growth in international trade, the tax “optimization” employed by these firms both hastens their global expansion and creates increasingly complex webs of owned subsidiaries. Multinationals use a number of techniques to shift their profits from high-tax to low-tax jurisdictions. As multinationals realized the potential in exploiting such loopholes, countries came under pressure to reduce their corporate tax rates in order to retain what revenue they could. In Organisation for Economic Co-operation and Development countries, nominal corporate tax rates fell from an average of 50% in 1975 to an average of 23.2% by 2021.
While most of these activities are not illegal, they represent blatant manipulation. Multinationals use the infrastructure, human capital, and public institutions in high-tax countries, but they refuse to pay their fair share towards financing these assets. Research suggests that 40% of all multinational profits are shifted to tax havens every year, causing a collective loss of $200 billion in global tax revenue. Investigative journalism as well as research have contributed to bringing more of these activities into the light, predictably causing public outrage. The OECD has sought to introduce a global minimum tax rate - thereby minimizing the disparity between rates, and reducing the incentive to shift profits. However, it is too early to tell whether the ongoing effort will be effective. Ratification in some countries is still pending, and the tax avoidance industry is working on identifying and exploiting loopholes. Further adjustments might be needed in the future to achieve a true paradigm shift in the international taxation of multinationals.
Women around the world are being paid less than men for work of equal value
The global gender pay gap is stuck at 16%, and women in some countries are paid as much as 35% less than men, according to a report published by UN Women in 2020. Still, even these figures do not capture the full extent of pay inequality - particularly in developing countries where informal work or self-employment is rampant. Women in these places often take low-paid jobs that do not provide protection under local labour laws or social benefits. In most places, gender pay gaps are rooted in systemic inequality. Prevailing stereotypes tend to push women away from traditionally male-dominated occupations, and pull them towards poorly-compensated care work. Meanwhile discrimination prevents many women from winning prestigious leadership roles, as notions of traditional gender roles create and sustain pay inequities. Women are often hit with a motherhood-wage penalty, for example, which increases alongside the number of children they have. This can manifest in the form of working fewer paid hours, choosing relatively family-friendly jobs with lower salaries, hiring and promotion decisions that (consciously or not) penalize mothers, and the absence of programmes that support women’s re-entry into the workforce.
Gender pay gaps are also wider for women of colour, and for women who progress to higher levels of responsibility and authority. According to the #BlackWomenomics report published by Goldman Sachs in 2021, Black women earn 15% less than white women on average, and 35% less than white men. The report estimated that reducing that racial gender pay gap in the US could create as many as 1.7 million jobs, and raise annual GDP by as much as 2.1% (equivalent to about $450 billion) annually. Gaps also tend to be starker in certain industries; a sample of reported pay at 10 large UK banks, for example, showed a 44.5% difference between male and female hourly wages as of April 2020 - meaning that a woman there has been earning about 56 pence for every pound earned by a man. At the current pace, the World Economic Forum has suggested that achieving gender parity in economic participation and opportunity will take 257 years. Some potential ways to speed up related progress include pay-equity laws requiring employers to eliminate pay gaps, greater transparency, and enabling employees to organize and bargain collectively.
The vast amounts of user data generated daily for media industry consumption create regulatory challenges
There are hundreds of millions of photos and videos published on Instagram, a significantly higher number of published tweets, and an even far greater number of YouTube video views on a daily basis. Governing this content only becomes more difficult as the ease with which anyone can create and share it increases. While trending hashtags and engaging content might enable users to reach a wide audience, they can also spur calls for closer regulation - the inflammatory misinformation posted online prior to the riot at the US Capitol on 6 January 2021 is a case in point. Despite repeated urgent requests for the removal of such content prior to the riot, it has only relatively recently received greater scrutiny on mainstream platforms. Live video streaming has also exposed wrongdoing - such as when Philando Castile was shot by a policeman in the US in 2016 as his girlfriend filmed. Facebook has used artificial intelligence as well as human moderators to try to combat the spread of violent content and fake news, and its efforts (along with those of other online platforms) will be crucial as people increasingly go to the internet for their news and information.
Governments have taken varied approaches to regulating content. After bombings in Sri Lanka in April 2019 left nearly 300 people dead in churches and hotels, that country’s government moved swiftly to temporarily ban social media sites and services including Instagram, Facebook, YouTube, WhatsApp, Snapchat and Viber - in an effort to curb the spread of inflammatory misinformation. In China, the country’s roughly 1,900 newspapers, 2,600 radio stations and 9,000 magazines are all owned by the government, and operate under the watchful eyes of 2 million people employed as censors. Whether regulation is applied by governments or popular platforms themselves, a respect for legitimate free speech is critical. Net neutrality, the principle that any lawful content should be made readily available online without bias or interference from an internet service provider, has become a hotly-debated topic - as governments could theoretically allow service providers to inhibit content presenting controversial viewpoints, while content providers could start paying for preferential treatment for their own sites and services. While efforts to restrict net neutrality gained traction in the US during the Trump administration, India approved regulations in 2018 that support net neutrality and bar any type of online data restriction.
Some of the world’s biggest companies are finding ways to address the world’s biggest challenges
Society faces major challenges, including a lack of access to education and healthcare, income inequality, widespread unemployment, and environmental problems like climate change and ocean pollution. Experience shows that solutions cannot be found solely in government policies, and instead require collaboration with businesses - which have the power to create and distribute across borders in order to have real impact. Business leaders no longer focus solely on financial results; they increasingly face expectations from shareholders, customers, the media, their employees, and others to consider the broader impact they are having on society and the environment, and whether or not they are creating meaningful jobs. Corporate engagement has evolved from philanthropy, to corporate social responsibility, to social innovation. Unlike more traditional initiatives, corporate social innovation is embedded in corporate strategy, R&D, employee development, and partnerships. Rather than one-off projects, the focus is on sustainable social change, and developing long-term strategies to address social problems. It is a strategic direction, rather than an isolated initiative. And, instead of a top-down approach, it relies on a participatory, collaborative model that takes into account feedback from customers and employees.
Examples of corporate social innovation include Unilever’s Sustainable Living Plan, which is designed to double the size of the consumer goods company’s business over ten years while at the same time reducing its environmental impact; the company’s Sustainable Living-branded products have actually seen sales increase 50% faster than the rest of its products. Meanwhile General Electric’s (through GE Healthcare) “Healthymagination” program develops affordable products designed to address global health issues - in one case, the program worked with a social enterprise to develop and distribute low-cost incubators that address India’s high infant mortality rate. Other examples: IBM established “Corporate Service Corp,” a volunteer initiative that sends 500 young leaders a year on team assignments in more than 30 developing countries; and Danone’s Nutriplanet group analyses socioeconomic and cultural data in order to better understand health issues in developing countries. The Danone group reformulated a best-selling cheese in Brazil, for example, to improve health outcomes by reducing sugar and adding vitamins. The group also developed a nutrient-rich yogurt targeted at children in Bangladesh. As more demands are made of companies for greater transparency, accountability, and impact measurement, these types of initiatives will become increasingly common.
Failing to address root problems like a lack of security and disease undermines the rule of law
Generations of idealists have sought to establish a global system of governance that creates the conditions necessary for peace, security and prosperity to prevail. The work of the United Nations, a manifestation of this idealism, is replicated in regional arrangements that seek collective security, and in other institutions (like customs unions) that work towards greater global cooperation through trade. Conflict is the unfortunate backdrop for many such attempts throughout history; decolonization, achieved progressively since the end of World War II, has yielded many independent countries still configured along lines drawn on maps centuries ago to delineate spheres of interest among competing colonial powers. International law has deemed these boundaries sacrosanct, despite their often random nature - which has frequently placed many different ethnic, linguistic, and religious groups under a single flag. Successful states have been able to bring communities together to create stability, while in others ethnic tensions and historic antagonisms boost the odds of violent extremism, and war, both within and beyond national boundaries. Vulnerability and a lack of security continue to undermine aspirations for peace and security.
The global arms trade and the proliferation of weapons often hasten the breakdown of the rule of law - but failures to address root problems, like disease, food and water insecurity, and a lack of meaningful employment and education, are also factors. Entrenched poverty and the competition for scarce resources create existential tension, enabling conflict to fester. Climate injustice, long suffered most acutely by those farthest from power, has boosted migratory flows - as have armed conflicts. Humanitarian actors have struggled to meet growing needs, and to engender a spirit of cooperation and collaboration, while policy-makers, activists and experts have toiled to draw sufficient attention to the climate catastrophe and the need to help ensure a better future for the planet. The UN’s Sustainable Development Goals - and specifically the related “Leave No One Behind” principle - have generated a vision of a more peaceful world; not necessarily through avoiding war or better arranging for collective security, but based on addressing basic human vulnerability alongside planetary concerns, and by redesigning underlying systems in ways most likely to yield greater stability.
Protecting free speech and access to information is key for advancing human rights
Everyone should have the right to seek, receive, and impart sincere and credible ideas and information through any form of media, and across any border. Such freedom of expression and information exchange can enable the realization of other human rights. Ideally, the platforms used to convey this information are accessible to anyone and can be used to their genuine benefit. Yet, platforms have frequently been exploited and manipulated, and governments and other powerful actors have actively sought to obstruct their positive potential. People can only speak up and share opinions in a climate free of fear, yet free expression and the ability to inform the public are often curtailed on grounds of national security - inflaming tension, aiding the spread of lies, impinging on religious freedom, unfairly damaging reputations, and inciting hatred. While international law permits restricting communication in well-defined circumstances for limited periods, to deal with specific emergencies, that power has been misused and the result has been increased repression in some instances. Those voices deemed inconvenient to the powers that be can be - and have been frequently - simply removed from social media platforms.
Social media platforms are mostly privately-owned, and often apply their own rules inconsistently - perhaps with the intention of preventing the spread of misinformation, but often in ways that result in vulnerable groups being denied access. This can reinforce local cultural biases or sensitivities when it comes to matters like LGBTI rights in countries where same-sex relationships are criminalized, for example. The proliferation of lies and propaganda online calls for a clearer understanding of how to sift truth from falsehoods, and of the ways that hateful rhetoric can be truly dangerous due to its potential to incite violence. Understanding the difference between genuine free expression that should be safeguarded and other types that merit closer scrutiny is crucial. It is necessary to expand opportunities for everyone to speak up without fear, and to develop restrictions that can only be applied when there is a clear incitement to violence. This will require eradicating the barriers to social media access for peaceful views, and safeguarding the fundamental right to expression in ways that enable people around the world to realize their many other rights.
The average citizen is being given more decision-making power, though that may not always be a good thing
Traditionally, people in power have been cautious about participatory processes they cannot control. But the tide is turning. Decision-makers around the world, both in the public and private sectors, are becoming increasingly open to hearing public voices. Granting more decision-making power to the average person can sometimes be viewed as a less-than-optimal course of action; in some situations, it might even damage economic and political stability. One example might be public support in the US for taking a more aggressive stance on trade with China - which ended up causing problems in the same regions of the country where tariffs on Chinese goods were ultimately imposed. While giving the public more say might have drawbacks, like economic instability or misuse (the Brexit vote in the United Kingdom is another example), there is growing acknowledgment that participatory tools spread knowledge and enhance legitimacy. Opening up the political sphere is a complex, delicate process, particularly during unrest. In democracies, using executive power to impose stability can hinder progress, and simply informing the citizenry is no longer enough. Ursula von der Leyen, the European Commission President, has stressed that democracy is “more than voting in elections.”
Social media influencers have considerable sway in terms of shaping public perception, and social media companies themselves, and their executives, impact public discourse through content-moderation policies and the spread of information (and disinformation). This impact resonates most notably during elections, raising the question: who should hold dominion over digital tools? The answer depends on who is doing the influencing, and on which platforms. Leading tech companies and startups in places like Silicon Valley and China are at the forefront of developing cutting-edge technologies like artificial intelligence - and their decisions related to research, development, and investment in these areas can shape public discourse. They can also command authority over user data. The private sector therefore wields considerable influence over the framing of global communication, alongside powerful nations, sometimes guided by self-interest. However, the bulk of decision-making when it comes to technology platforms should rest with those most directly impacted by resulting outcomes. It is imperative to consider the perspectives of those most affected, and amplify both effectiveness and equity. The ascent of AI-driven decision-making has only introduced more unpredictability into the equation, potentially impacting our choices in ways that are yet to be fully comprehended.
Racial differences mean unequal access to jobs, wealth and housing
Systemic racism dramatically skews access to employment, income, and wealth. As of May 2020, the unemployment rate for black Americans was 16.8%, compared with 12.4% for white Americans. Statistics outside of the US tell a similar story. In the United Kingdom, the unemployment rate for black people declined from 17% in 2012 to 9% in 2018 - though that was still more than twice the 4% rate for white people. Racial disparities have also been glaring in terms of income. In South Africa, for example, government data published in 2019 showed that white people in the country were earning three times as much as black Africans on average, two decades after the end of apartheid. In the US, where nearly one in five black families have debts exceeding their assets, and just 30% of African American households own stocks (compared with 60% of white families), Black Lives Matter activists have pressed for a restructuring of the tax code that could more fairly redistribute wealth. More equitable access to credit is also a priority; data published by the Federal Reserve show that black-owned firms are turned down for loans twice as often as their white-owned counterparts.
Systemic racism has long resulted in disparate infrastructure considerations and housing opportunities. Across the US, African American communities were decimated by the construction of highways designed with little regard for their impact on once-cohesive neighborhoods. In Minneapolis, where the killing of George Floyd in May 2020 triggered global protests for racial justice, demonstrators peacefully occupied the Interstate 94 highway in a move freighted with symbolism. In terms of housing, the historical practice of “redlining” US cities involved outlining areas with black populations so they would receive a fewer public and financial services. The impact of redlining has lingered; some 2020 US presidential candidates proposed using old redlining maps to identify areas still in need of increased investment. Similar patterns have developed elsewhere. In Europe, the increased privatization of housing in the 1970s and 1980s increased the segregation of people based on racial background, according to a report published by the Council of Europe Development Bank. And in Brazil, 2019 data showed whites earning 74% more than black and brown people - who, while representing more than half of the population, had the worst indicators in terms of housing conditions in the country.
Recent crises have underlined the need to redesign the ways food is produced and distributed
Millions of people around the world go to bed hungry every night - and this has only worsened due to disruptions to global supply chains caused by climate change, the pandemic, conflict, and related food-price spikes. Rising temperatures, declining water supplies, and more frequent extreme weather events like floods and drought are impacting food supplies, making more sustainable food production more necessary every day. As defined by the Food and Agriculture Organization of the United Nations, a sustainable food system “delivers food security and nutrition for all in a manner that the economic, social, and environmental bases to generate food security and nutrition for future generations are not compromised.” Truly sustainable food systems are able to transform the way we consume calories, and to help build healthier communities. Following a “One Health” approach that recognizes human, animal, and environmental health as interconnected can help bolster sustainable food system efforts - which will be key for achieving greater food security and achieving the first United Nations Sustainable Development Goal, “Zero Hunger.” However, the necessary transformation of food systems requires both short- and long-term strategies.
In the short-term, existing food insecurity need to be addressed, particularly for the most vulnerable. In the medium- to long-term, greater focus should be placed on building resilient food systems - through regenerative farming, crop diversification, fewer environmental burdens, better water management, reduced chemical fertilizer use, and less waste. Digital technology can be used to better monitor processes from production to distribution; collaboration with the private sector entities could help develop smart systems capable of accurately assessing supply and demand. In Indonesia, for example, the online platform Sayurbox has enabled more people to buy fresh produce directly from farmers. Government support in the form of environmentally-friendly policies and nutritional goals is also needed. In Bhutan, the government has connected some 2,000 farmers with nearly 100 schools across the country to provide students with nutritious, locally produced food. This provides additional income for farmers, improves children’s eating habits, empowers women-led farming groups, and helps bring communities together. Taking immediate action will be necessary to aid food security - the consequences of not doing so will be dire, and the poor and vulnerable will bear the brunt of the burden.