Digital Innovation Aids Ukraine & Mountain Rain Helps Power City | WEF | Top Stories of the Week
Channel: World Economic Forum
Date: 2024-03-02

This week's top stories of the week include:

0:15 Digital innovation aids Ukraine – Ukraine launched its e-government platform, Diia, in February 2020. Providing access to digitalized documents such as passports and driving licences as well as more than 100 government services. All through a mobile app.

2:59 Why experiment spending pays off – Investing in ‘crazy ideas’ is not so crazy, says the CTO of Hewlett Packard Enterprise. In the fast-changing technology sector, evolution is the key to survival. But research and development (R&D) has benefits beyond new products. Around 5 new jobs are created for every $1 million invested in public R&D in OECD countries.

6:02 Congo's mountain rain helps power city – Virunga National Park is one of the crown jewels of global conservation. It’s home to 50% of Africa’s terrestrial species including the rare mountain gorilla. But it’s also beset by poaching, deforestation and conflict so the park devised a plan to protect its treasures by building 3 hydroelectric power plants and becoming a beacon for clean development.

10:42 New app offers card-free payments – Satispay launched in Italy in 2013. Today it has more than 4.3 million users. It is the only intermediary in its users’ transactions. This drives down the cost and enables Satispay to process payments under €10 for free.
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