[ad_1]
Climate change outpaces other megatrends as the greatest risk to the world’s well-being, affecting health, the environment and business, according to a study sponsored by Mubadala.
Based on a survey of more than 1,800 global investors, engaged and informed millennials and Gen Z consumers from the UAE, UK, US, China, France and India, the study found that France (52%), UK (50%) ), the UAE (41%) and India (39%) most strongly believe that climate change is the greatest threat, while the US (29%) and China (27%) see climate change as having almost as much impact as demographic change and inequality, According to Megatrends Research, launched in partnership with Bloomberg Media.
The need to transition to a low-carbon economy in response to climate change was highlighted, felt most strongly by the UAE and India, at 93% and 92% respectively.
Digital technology
In support of creating a sustainable future for all, research finds that digital technology is the megatrend most likely to advance world well-being, led by India (34%), US (34%), China (32%) and the UAE (31%).
The research also points to significant expectations for businesses to help lead the way for the future. India (95%) and the UAE (91%) felt it most strongly, followed by the US (85%), France (84%), the UK (84%) and China (81%).
Ahmed Saeed Al Calily, Mubadala’s Chief Strategy and Risk Officer, said: “As a responsible investor, Mubadala continues to execute our investment strategy based on our beliefs about how trends are shaping the world. We are investing in the energy transition, traditional and digital infrastructure, life sciences and technologies to enable value creation while positively impacting communities and contributing to a sustainable future.”
human activity
The megatrends study follows a report by the UN Network of Economists for the 75th anniversary of the United Nations, which focused on five megatrends: climate change; population change, especially population ageing; urbanization; digital technologies and Emergence of inequalities. According to the United Nations Network of Economists, megatrends “are the result of human activity and, as such, they can be shaped by human decisions and policy choices.”
Respondents to the Mubadala and Bloomberg Media surveys in all markets agree that all five megatrends are important for achieving a sustainable future today and in 2030. However, while most markets are optimistic about the status of megatrends (especially digital technology), the overall investor board is more optimistic than millennials or Gen Z. For example, investors (91%) feel more empowered to respond to megatrends through their choices than Gen Z (77%) or Millennials (73%).
main findings
Other key findings noted by the megatrends study include:
• Respondents strongly agree that inequality affects the economic, social and political environment
• Respondents agree that urbanization brings significant economic and social advantages and disadvantages
•Respondents expressed mixed feelings about the impact of demographic change on quality of life. India and the UAE feel this most strongly at 93% and 91% respectively, while France and the UK feel the impact is lower at 82% and 79% respectively
renewable energy
Mubadala has been interested in renewable energy for more than 15 years, starting with his founding of Masdar, the company is active in more than 35 countries on six continents, from the world’s largest single-site solar plant in the UAE with a capacity of 2GW to Indonesia’s first floating A solar power plant that will provide enough electricity for 50,000 homes.
Mubadala recently entered into a partnership with the Abu Dhabi National Oil Company (Adnoc) and Abu Dhabi National Energy Company PJSC (Taqa) in Masdar by the end of 2022, aiming to leverage Masdar’s renewable energy The capacity is increased to 100GW to create a global clean energy power station.
Mubadala continues to invest in line with its megatrend-based strategy, deploying capital to help find solutions to the world’s greatest challenges. — trade arab news agency
[ad_2]
Source link