EBRD Transition Report 2023-24 live launch

Fearonomics: confront and overcome your fears about the global economy

Listen to the live launch of the EBRD Transition Report launch. The global shift to net zero will require major structural changes in economies, as well as extensive change in daily lives. The scale of the transition is unprecedented: from the rush to source critical raw materials to the reconfiguration of global supply chains; from the rise of green skills in the workforce to the development of environmentally sustainable housing markets. The EBRD Transition Report 2023-24: Transitions big and small, published today, offers revealing insights into the way macro-level trends leading to carbon neutrality impact the types of job sought, household management and, ultimately, the perceived level of happiness in the regions where the Bank operates. EBRD Chief Economist Beata Javorcik said: “The change and upheaval that stems from these trends will affect people’s lives for the foreseeable future. Policymakers will need to establish a deep understanding of those effects in order to plan future stages of the green transition, as individual attitudes will both shape and be shaped by that transition process. […] “The success of the green transition will depend on winning their hearts and minds as we continue our journey towards a cleaner future. If there is one thing we have learned from 30 years of transition in the EBRD regions, it is that reforms will not last unless they have broad-based support.” The discussion features Charlotta Källbäck, Head of Internal Audit, Volvo Cars Sandra Bates, specialist on mining and clean energy with Executive and non-Executive Director experience Mark Keese, Head of the Skills and Employment Division, OECD Professor Beata Javorcik, Chief Economist, EBRD Moderated by Jonathan Charles