This year, the Forum will bring together both industry heavyweights and leading policy thinkers. We will also welcome a number of start-ups coming from across the world to present their ideas as part of the Blockchain Showcase.
The global economy is in a fragile spot. Our latest Economic Outlook projected global GDP growth to slow down to 3.2% this year and improve only to 3.4% in 2020, against a projection of 4% growth a year ago. Across all G7 economies, growth is projected to be lower this year than in 2018.
Mr. Angel Gurría, Secretary-General of the OECD, will participate in the G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, on 17-18 July 2019.
Like much of our work, this report is the result of a collaborative effort across the OECD, in this case between the pension units in the Directorate for Financial and Enterprise Affairs and the Directorate for Employment, Labour and Social Affairs.
We are already living with the alarming consequences of global warming. Weather events this year — record-breaking heatwaves, wildfires, heavy rains, major tropical storms, diminishing Arctic sea ice — have given us a taste of what will happen if climate change intensifies.
I am also delighted to see so many other countries represented here today, representatives from civil society, organised labour and other International Organisations, and the entrepreneurs who are pushing these technological boundaries.
I am delighted to welcome you to the OECD Global Financial Literacy Excellence Centre (GFLEC) High-Level Global Symposium, to discuss “Effective Financial Education for Sustainable and Inclusive Growth”. Today we celebrate an important milestone in our journey to advance financial literacy — the 10th Anniversary of the OECD International Network on Financial Education (INFE), which is now 120 members strong!
The OECD was forged by its members out of the destruction of World War II to promote peace and security through sustainable and inclusive economic growth. These are not just worthy goals, but necessary conditions for a safer world.
I am delighted to address the 6th edition of the “Ethics and Trust in Finance” Global Prize ceremony. Let me congratulate all the finalists for their ground-breaking essays. It is inspiring and comforting to see these gifted young people engaged in winning back trust in finance.
Over the next two days, you will be focusing on a wide range of issues, from sustainable finance, efficient capital allocation, the quality of shareholder engagement, and long-term thinking in the investment chain. All these issues lie at the heart of the OECD’s efforts to create fairer, more sustainable and more inclusive economies.