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Stakeholders for a cohesive and sustainable world: the role of lighthouse projects

By: Material type: TextTextPublication details: Cologny World Economic Forum 2020Description: 61pSubject(s): Online resources: Summary: The gridlock in the international governance system and escalating trade and geopolitical tensions, leave governments grappling with how to mitigate the unintended consequences of technological integration and how to implement complementary social policies that support populations through the Fourth Industrial Revolution. Large companies have a compelling role to play in seeking political transformation. Forward-minded leaders can often mobilize resources, innovation and action, and influence a wide network, that many in governments and civil society cannot do on their own. There is a compelling space for corporate leadership to drive The inspiring demonstrations of success highlighted here “lighthouse” examples- show how innovation and investment across key areas of social, human, environmental and physical capital can be brought together to bring results for everyone. They prove how “tipping point” coalitions of stakeholders can drive positive impact quickly, cost-effectively and with the potential to expand.
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The gridlock in the international governance system and escalating trade and geopolitical tensions, leave governments grappling with how to mitigate the unintended consequences of technological integration and how to implement complementary social policies that support populations through the Fourth Industrial Revolution. Large companies have a compelling role to play in seeking political transformation. Forward-minded leaders can often mobilize resources, innovation and action, and influence a wide network, that many in governments and civil society cannot do on their own. There is a compelling space for corporate leadership to drive The inspiring demonstrations of success highlighted here “lighthouse” examples- show how innovation and investment across key areas of social, human, environmental and physical capital can be brought together to bring results for everyone. They prove how “tipping point” coalitions of stakeholders can drive positive impact quickly, cost-effectively and with the potential to expand.

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