A significant contribution to the solution of these challenges could also come from technological innovation. Technological advancements have always played a crucial role in the selection of more efficient ways of delivering services and products; they can certainly provide great support to the creation and sustainability of new low-carbon business models.
The International Monetary Fund estimates an increase in global GDP of 3.6 per cent for this year, almost 1 percentage point down on January’s projections and about 1.5 points lower than those for October. Inflation, which in all economies largely reflects increases in commodity prices, is expected to remain high and then to fall in 2023.