Visit Seoul in the Metaverse & Meat Grown From Stem Cells | WEF | Top Stories of the Week
Channel: World Economic Forum
Date: 2023-12-02

This week's top stories of the week include:

0:15 Visit Seoul in the metaverse – Seoul, the vibrant capital of South Korea, has taken a pioneering step into the digital realm by launching the world's first urban metaverse app. This immersive platform allows users to create personalized avatars and embark on a virtual journey through Seoul's iconic landmarks, including N Seoul Tower, Gyeongbokgung Palace, and the mayor's office. 

1:48 This meat is grown from stem cells – Shiok Meats cultivates meat and seafood directly from animal stem cells. This innovative technology offers a promising solution to the environmental and ethical concerns associated with conventional animal agriculture.

6:33 Sugar prices are surging. Here's why – Sugar enthusiasts face a grim reality as global sugar prices have skyrocketed by 55% in just two months. This surge stems from severe droughts in India and Thailand, the world's second and third-largest sugar exporters, respectively. 

8:11 Climate disaster insurance for island states – A global insurance scheme could protect 100 vulnerable nations against the spiralling costs of storms, droughts and rising seas. Small island developing states face losses of 50-300% of GDP to hurricanes and other climate events. Until now, small island states were seen as untouchable in insurance terms but new research from Cambridge University and the insurer Howden shows coverage remains possible by modelling the likely risks they face and using premiums funded by ‘donor’ countries.

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