Bloomberg New Economy Forum

As the exclusive knowledge partner to Bloomberg New Economy and the New Economy Forum, McKinsey supports the mission to bring together leaders from developed and emerging economies to transcend divisions and enact real change aimed at fostering sustainable and inclusive growth.

McKinsey engages with Bloomberg New Economy year-round through support for the New Economy Cities and Health Councils, as well as the New Economy International Cancer Coalition, a new global initiative involving industry leaders, medical experts, academics, and policymakers from China, Europe, and the United States. The partnership’s flagship convening is the annual New Economy Forum, which convenes policymakers, senior politicians, thought leaders, CEOs, and top executives from across the globe.

Health | Cities | Climate | Trade | Finance

Article - McKinsey Quarterly

Our future lives and livelihoods: Sustainable and inclusive and growing

– Growth for all, growth for good. Here, we offer a proposal for business, government, and society leaders.

Health

Even before challenges spurred by the COVID-19 pandemic roiled the global healthcare landscape, there were pressing health issues in our society that have only grown more urgent in recent years. At the same time, the pandemic has also catalyzed enormous progress in other integral areas of health and healthcare: from novel RNA vaccines to the rise of telehealth, these areas will continue to shape the global conversation about healthcare in the “next normal.”

COVID-19

Vaccination

Article

‘None are safe until all are safe’: COVID-19 vaccine rollout in low- and middle-income countries

– Despite persistent supply issues, in-country delivery and demand for COVID-19 vaccines is likely to be the next challenge for... LMICs.
Article

Who’s left? Engaging the remaining hesitant consumers on COVID-19 vaccine adoption

– While more Americans receive and show openness to receiving the COVID-19 vaccine, concerns persist among guardians of children... and other cautious segments.
Article

Port to patient: Improving country cold chains for COVID-19 vaccines

– In many developing countries, limitations of existing cold chains will provide challenges for COVID-19-vaccine distribution. Strategic... distribution planning and targeted investment can help.
Interview

Moderna’s path to vaccine innovation: A talk with CEO Stéphane Bancel

– Moderna’s delivery of a COVID-19 vaccine comes on the heels of revolutionary science that may accelerate innovation across... the industry well into the future.

Endemicity

Article

When will the COVID-19 pandemic end?

– This article updates our perspectives on when the coronavirus pandemic will end to reflect the latest information on vaccine rollout, variants of concern, and disease progression.

Pandemic preparedness and response

Article

Not the last pandemic: Investing now to reimagine public-health systems

– The COVID-19 crisis reminds us how underprepared the world was to detect and respond to emerging infectious diseases. Smart investments... of as little as $5 per person per year globally can help ensure far better preparation for future pandemics.
Interview

Accelerating pandemic response efforts: An interview with CEPI’s Richard Hatchett

– Amid the COVID-19 crisis, the CEO of the Coalition for Epidemic Preparedness Innovations explains his five-year strategy that... includes reducing vaccine timelines.

Urgent challenges beyond COVID-19

Mental health

Article

How affordable is mental healthcare? The long-term impact on financial health

– Those who report mental illness have disproportionately faced economic disadvantages and report greater financial stress.
Interview

How employers can improve their approach to mental health at work

– Employers benefit when they help employees to prioritize mental wellness, thereby reducing the stigma of mental-health issues,... addressing disparities in their incidence and treatment, and providing support through formal structures and programs.
Article - McKinsey Quarterly

Overcoming stigma: Three strategies toward better mental health in the workplace

– Employees are worried about their mental health as they return to the workplace after the COVID-19 pandemic. Stigma can exacerbate... their concerns, but employers can thwart its impact.

Gene editing

Article

Gene-therapy innovation: Unlocking the promise of viral vectors

– Viral-vector gene therapies show great promise, but the full extent of their clinical impact in the long term is not yet certain. Success depends on innovative solutions that remain under development.

Cancer

Article

Fulfilling the promise of advanced analytics in oncology

– Advanced analytics will transform cancer care, but companies have been slow to adopt it. Progress requires a strategy that not only builds data and talent but also embraces experimentation.

Cities

Cities have long been the fundamental engines of human progress. Today, 55 percent of humanity live in cities, a number projected to grow to 60 percent by 2030. Just 600 cities fuel more than 65 percent of global economic growth, while 100 of them account for roughly 40 percent. As the future of the global economy increasingly shifts east and south, cities in those regions will grow in importance.
Article

Infrastructure options for the future of cities

– Leaders must tackle increasingly complex economic, social, and environmental challenges to ensure cities stay competitive. Harnessing... new technologies can help.
Article

How cities can adapt to climate change

– Research identifies 15 proven ways that urban areas around the world can adapt to climate risk.
Article

Twelve insights for an inclusive economic recovery for New York City

– A robust recovery for the United States’ largest city is a recovery for all New Yorkers, especially its most vulnerable.
Article

The 15-minute city is a dead end — cities must be places of opportunity for everyone

– The notion of the 15-minute city, in which people can work, shop, play and go to school within a small radius of their home, has... attracted some urban planners. But now more than ever, argues Edward Glaeser (Harvard), it should be recognised as a dead end which would stop cities from fulfilling their true role as engines of opportunity.
Article

Carlos Moreno: The 15-minute city

October 2020 - Living in a city means accepting a certain level of dysfunction: long commutes, noisy streets, underutilized... spaces. Carlos Moreno wants to change that. In this eight minute TED talk he makes the case for the ‘15-minute city,’ where inhabitants have access to all the services they need to live, learn and thrive within their immediate vicinity - and shares ideas for making urban areas adapt to humans, not the other way around.
Article

Inventing and scaling the world’s largest urban vertical farming network

– Launching a successful new business concept requires a strong purpose, a focus on research, an innovative business model, and... a willingness to adapt to the market.
Article

Building sustainable and affordable urban living: A conversation with White Peak’s Jesper Jos Olsson

– Not many companies are bold enough to enter the challenging Chinese market without a local partner. But a desire to retain full... control, and the belief that relying on local partners may hinder its ability to learn and scale, eventually paid off, according to the cofounder of a Beijing-based, Swedish property developer.
Article

Winning ridership for the next normal

– Transit agencies may need to win over former and new riders. Eight ideas can help them better meet rider needs.

Climate

After more than 10,000 years of relative stability—the full span of human civilization—the Earth’s climate is changing. The size and pace of the change required to meet this global challenge is unprecedented. Success will require understanding the nature and extent of physical risk from a changing climate, accelerating the world’s ability to adapt, and pursuing innovative paths to decarbonize at scale.
Article

Protecting people from a changing climate: The case for resilience

– Our new study lays bare the potential impact of climate risks for people across the globe—and underscores the need to protect... the most vulnerable and build resilience.
Report - McKinsey Global Institute

Climate risk and response: Physical hazards and socioeconomic impacts

– How could Earth’s changing climate impact socioeconomic systems across the world in the next three decades? A yearlong, cross-disciplinary... research effort at McKinsey & Company provides some answers.
Report

Putting carbon markets to work on the path to net zero

– As the drive to curb global warming gathers pace, carbon markets have become increasingly fundamental to achieving net-zero greenhouse-gas... emissions. Institutional investors can play a critical role.
Article

Innovating to net zero: An executive’s guide to climate technology

– Advanced technologies are critical to stopping climate change—and the drive to develop and scale them is accelerating. Here... are five themes that could attract $2 trillion of annual investment by 2025.
Report

Valuing nature conservation

– A methodology to evaluate where safeguarding natural capital could have the biggest impact on climate, economies and health.
Report

Curbing methane emissions: How five industries can counter a major climate threat

– Methane accounts for about one-third of global warming. New McKinsey research shows how five industries can cut emissions with... proven technologies and at a reasonable cost.
Interactive - McKinsey Quarterly

The 1.5-degree challenge

– Holding warming to 1.5°C above preindustrial levels could limit the most dangerous and irreversible effects of climate change.
Article

Making supply-chain decarbonization happen

– Active supply-chain decarbonization is becoming a license to operate for businesses, but companies aiming to be role models in... the fight against climate change must overcome roadblocks along the way.

Trade

In recent decades, value chains have grown in length and complexity as companies expanded around the world. Since 2000, the value of globally traded intermediate goods has tripled to more than $10 trillion annually. The COVID-19 pandemic was only the latest in a series of disruptions to global trade, highlighting again that greater resiliency now goes hand in hand with efficiency.
Article - Georgetown Journal of International Affairs

Building national supply chain resilience

– The COVID-19 pandemic has exposed the fragility of global supply chains and highlighted the public health and national security... implications of supply chain vulnerability. Policy reactions have focused on limiting exports and encouraging domestic production. But building supply chain resilience will require a more rigorous assessment of risk and a strategic set of policy actions.
Article

Succeeding in the AI supply-chain revolution

– New technology solutions could be transformative—but only if executives properly prepare their organizations.
Video

What’s going on with shipping rates?

– McKinsey’s Steve Saxon and Jaana Remes discuss why container shipping costs are surging and give their take on what lies... ahead for the industry.
Article

Can your supply chain deliver what your consumer wants?

– In a far more complex business environment, consumer companies can rethink—and potentially redesign—their supply-chain... operating models for the resiliency and agility they need.
Article

Making supply-chain decarbonization happen

– Active supply-chain decarbonization is becoming a license to operate for businesses, but companies aiming to be role models in... the fight against climate change must overcome roadblocks along the way.

Finance

The pace of change in finance will require financial services companies to increasingly understand and learn how to serve markets that are radically changing—demographically, socially, and technologically.
Article

Future of Asia: The future of financial services

– Changes in Asia's consumer markets offer new and diverse opportunities for growth.
Article

CBDC and stablecoins: Early coexistence on an uncertain road

– With the rapid rise in circulation of stablecoins over the past couple of years, central banks have stepped up efforts to explore... their own stable digital currencies.
Issue

The 2021 McKinsey Global Payments Report

– Despite challenges, the global payments sector is primed for a return growth.
Issue

Building the AI bank of the future

– To thrive in the AI-powered digital age, banks will need an AI-and-analytics capability stack that delivers intelligent, personalized... solutions and distinctive experiences at scale in real time.
Article

Five actions to build next-generation know-your-customer capabilities

– KYC programs are key in banks’ customer gain and retention, but their results aren’t optimal, despite technology and... operations spend. Improving five KYC areas can generate substantial business value.