The Executive Directors of the World Bank today selected Ajay Banga as the President of the World Bank. Mr. Banga begins his five-year term on June 2, 2023.
Ajay Banga most recently served as Vice Chairman at General Atlantic. Previously, he was President and CEO of Mastercard, a global organization with nearly 24,000 employees.
Read the news release: New World Bank Leadership
More than 1200 participants at The World FCO AICE 2023 ’Global Trade 2.0: Zones, An Ecosystem of Trust Driving Prosperity’ event today.
Delivering my Opening Key Note Speech on ’Global Trade 2.0 – A Ecosystem of Trust’ at the World FZO AICE 2023 conference in Dubai this morning.
I moderated the opening plenary panel session of the World FZO AICE 2023 conference in Dubai this morning. The theme being ’Ecosystems of trust, how are they designed, built, and sustained?’ with an amazing panel including; Ricardo Treviño Chapa Deputy Secretary General WCO, Kevin Shakespeare Director at The Institute of Export & International Trade UK, Jochen Knecht CEO IFZA & H.E Ito Bisono, Minister of Industry, Dominican Republic. Great discussions & positive outcomes in front of a full house.
The first of its kind in the world, the e-motorway may lead to an expansion of a further 3,000 km of electric roads in Sweden by 2045.
As the EU passed a landmark law last month to require all new cars sold to have zero CO2 emissions from 2035, European countries are rushing to prepare the infrastructure needed for fossil fuel-free mobility.
And Sweden is now turning a highway into a permanent electrified road – the first of its kind in the world.
On an electric road, cars and trucks can recharge while driving.
Experts say dynamic charging allows them to travel longer distances with smaller batteries, and to avoid waiting at charging stations.
The Scandinavian country has pioneered electrified roads through several pilot projects including the world’s first temporary electric road.
“We think the electrification solution is the way forward for decarbonising the transport sector and we are working with a number of solutions,” Jan Pettersson, Director of Strategic Development at Trafikverket, the Swedish transport administration, told Euronews Next.
The chosen motorway, European route E20, connects logistic hubs between Hallsberg and Örebro, located in the middle of the country’s three major cities, Stockholm, Gothenburg, and Malmö.
The project is currently at the procurement stage and is planned to be built by 2025.
The charging method for E20 hasn’t been decided but there are three types of charging: catenary system, inductive system, and conductive system.
To read more, click here: Electric road
Source:EuroNews
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