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Asia’s cities could save the planet

The world’s cities will add 2.5 billion more residents by 2050, more than half of them in Asia. The effect of this great migration on climate change will depend in part on what kind of homes, factories and office buildings they live and work in. It’s a seemingly minor but significant issue that should attract attention from officials gathered at ...

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Sovereign wealth funds should sell off oil assets

It’s easy to see the oil and gas asset sell-off proposed by Norges Bank Investment Management, the entity that runs Norway’s $1 trillion sovereign wealth fund, as a bet on the hydrocarbon industry’s long-term decline. Indeed, Siv Jensen, Norway’s finance minister and the proposal’s addressee, predicted such a decline in a conference speech on Friday. But there’s a better reason ...

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Global economy of future, with or without the US

At a global economic conference last weekend, the US was everywhere and nowhere. In conversations at the World Economic Forum’s Global Future Councils, people wrestled with challenges to the global trading system, developing infrastructure for the 21st century, and restoring trust in experts and leadership. Donald Trump was never far off — his election being a kind of shorthand for ...

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