IS THE GLOBAL SOUTH NOW THE ENGINE OF GROWTH?

In the discussion, participants emphasize the importance of digitalization and green investments as key themes for the coming years, particularly in the context of climate-related investments. They highlight the role of emerging markets and the Global South as engines of growth, with a focus on public digital infrastructure and financial inclusion. The conversation also touches on the challenges of debt and the need for innovative funding solutions to support sustainable projects. There is a call for international cooperation on green standards to ensure investments contribute to genuine green transitions rather than greenwashing. The discussion underscores the significance of policy continuity and stability in attracting investments, especially in jurisdictions with safe and predictable environments. The potential of technology leapfrogging in addressing infrastructure and agricultural challenges is also noted. Finally, the conversation reflects on the shifting economic power structures, with the Global South's share of world GDP rising significantly.