Saturday 4 December 2021

Bloomberg New Economy Forum announces new initiatives

RIYADH, October 13, 2021

The fourth annual Bloomberg New Economy Forum has announced updates to the program, participants and impact initiatives led by its delegate community of public and private sector leaders from around the world.

Organised by Bloomberg New Economy, the event is scheduled to be held November 16-19 in Singapore.

“The global economic challenges deepened by the pandemic bring a special level of urgency to this year’s New Economy Forum,” said Michael R Bloomberg, Founder of Bloomberg L.P. and Bloomberg Philanthropies.

“The quick transition from COP26 to the Forum gives us a unique window of opportunity -- and we plan to seize it, by working together to accelerate our recovery in ways that build a stronger, healthier and sustainable economy.”

The 2021 Forum’s plenary panel sessions and breakout discussions are built around the themes of Rebuilding the Global Economy, Innovating Out of Crisis and Navigating a Divided World.  Bloomberg New Economy’s five, persistent editorial pillars -- Finance, Climate, Trade, Cities and Health -- will also provide focus and throughlines for the week’s discourse.  

The forum is collaborating closely with the Singapore Government on protocols to provide a safe environment for its in-person delegates, enabling them to focus on the discussions around the positive work of connecting developed and developing economies, as various global dynamics threaten to exacerbate national rivalries and divisions.

Delegates will need to be fully vaccinated and will undergo mandatory daily pre-event testing. To ensure a safe environment for the delegates to meet in, necessary measures to ensure health and safety will be applied, including the deployment and use of TraceTogether (TT)-only SafeEntry check-in and mandatory mask wearing while maintaining one metre safe distancing between individuals.  

Singapore’s Minister for Trade and Industry Gan Kim Yong said, “The Bloomberg New Economy Forum is an important event for Singapore as it brings key government, business and thought leaders together to address challenges of the future, share ideas and discuss solutions. Singapore is pleased to host the event here physically despite the pandemic, affirming Singapore’s role as a leading business events capital, and a global node for MICE and businesses.

“The Government will continue to support the MICE industry as it adapts and transforms to unlock new value and business opportunities. We are working with the Bloomberg team to ensure a safe and fruitful forum.”

“The Bloomberg New Economy Forum in Singapore will provide a platform for action - not just debate - while also modelling a blueprint for safe, yet highly networked, in-person convening,” said Justin B. Smith, CEO of Bloomberg Media and Executive Chair of Bloomberg New Economy.

“We’ve never seen such a sense of urgency among global leaders to get together and mobilize solutions. This spirit of collaboration crosses all business segments and, most encouragingly, governments from both developed and developing economies.”

More than 300 delegates, hailing from 51 different countries are scheduled to attend the New Economy Forum.

Also joining from the Forum’s new, innovative group of Bloomberg New Economy Catalysts are Mayor Yvonne Aki-Sawyerr OBE (Mayor of Freetown, Sierra Leone), Sara Menker (Founder and CEO of Gro Intelligence), Elizabeth Rossiello (Founder and CEO of AZA Finance), Abasi Ene-Obong (Founder and CEO of 54gene) and others.

Bloomberg New Economy also recently launched its International Cancer Coalition, connecting some of the world’s most knowledgeable and influential leaders across industry,

Additional solutions-driven thought leadership comes from four Bloomberg New Economy Councils, composed of CEOs, public sector leaders, academics, and entrepreneurs. Building on expert research and insights from McKinsey & Company, BloombergNEF, Bloomberg Economics, and Bloomberg Intelligence, New Economy Councils work on developing frameworks for policy and roadmaps for corporate action in crucial issues of health, cities, trade and climate.

Joined by Dr Henry A. Kissinger as Honorary Chair and Henry M Paulson, Jr. as Chair, the Bloomberg New Economy Forum Advisory Board provides support across all of the community’s efforts, and is composed of more than 40 distinguished government and business leaders from around the world.

The 2021 forum is presented in partnership with Adnoc, Bayer, Dangote Industries Limited, ExxonMobil, HSBC, Hyundai Motor Company, Mastercard, Tata Sons, and Vanke. McKinsey and Company is the exclusive knowledge partner, and IDA Ireland and the Republic of Panama join as Spotlight Economy Partners, with Singapore as the Official Host Country Partner. – TradeArabia News Service


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