WGS outlines 21 priorities for governments in 2021
DUBAI, 3 hours, 24 minutes ago The World Government Summit Organization (WGS) has launched a new report highlighting 21 critical priorities for the world’s governments as they rebuild and recover from the disruption caused by the coronavirus (Covid-19) pandemic. While dealing with the pandemic has absorbed the attention of governments around the world over the last 18 months, underlying societal issues such as mental health challenges and the climate crisis are set to intensify if governments do not adopt a holistic and proactive approach to the recovery effort, the report suggests. The report highlights that almost 50 percent of the global cost incurred by the pandemic will fall on developed economies. Even if these countries are able to vaccinate their entire population and developing nations succeed in vaccinating 50 percent of their population, the world economy could take an economic hit of up to $3.8 trillion, with h
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The World Government Summit laid down an ambitious 21-point report that could aid the global recovery from Covid-19.
The coronavirus upended the world s economies, brought international travel to a standstill and severely impacted mental health.
But the study, launched on May 5, urged leaders to seize the moment.
It cautions the climate crisis is set to intensify if governments do not adopt a thorough approach to recovery.
With great change comes great opportunity. Valuable lessons emerged over the past year, which we must heed as we recover
Mohammad Al Gergawi
The report highlights that about 50 per cent of the global cost incurred by the pandemic will fall on developed economies.
Dubai: The World Government Summit Organisation (WGS) on Wednesday launched a new report highlighting 21 “critical priorities” for the world’s governments as they recover from the disruption caused by the COVID-19 pandemic.
While dealing with the pandemic has absorbed the attention of governments around the world over the last 18 months, underlying societal issues such as mental health challenges and the climate crisis are set to intensify if governments do not adopt a holistic and proactive approach to the recovery effort, the report suggests.
Dh13.96 trillion economic hit
The report highlights that almost 50 per cent of the global cost incurred by the pandemic will fall on developed economies. Even if these countries are able to vaccinate their entire population and developing nations succeed in vaccinating 50 per cent of their population, the world economy could take an economic hit of up to $3.8 trillion (Dh13.96 trillion), with half of that cost absorbed by the wealthie