New Economy Forum 2021


Agenda

Editorial Focuses

To illuminate the challenges facing the new economy, as well as the solutions, we harness the full force of Bloomberg — 2,700 journalists, 280 economists and analysts in 120 bureaus, 500 photographers on assignment globally, and 100 billion datapoints processed on the Terminal every day.

Our editorial program spans five subject areas: Finance, Trade, Climate, Cities and Health.

A particular focus is the growing US-China divide. The New Economy cannot flourish if the world splits apart in a new Cold War. Bloomberg New Economy has been at the forefront of this global story, with the overarching question: What does a workable US-China relationship look like?

November 17 - Wednesday

8:30 am

Opening Remarks

Speaker:

Michael R. Bloomberg

Founder of Bloomberg L.P. and Bloomberg Philanthropies; Three-Term Mayor of New York City
8:40 am

Opening Address

Speaker:

Wang Qishan

Vice President, People's Republic of China
8:50 am

Aftershock: The World Reshaped by Covid

From the trauma of the global pandemic, a new economy is emerging. Global lockdowns freed creative minds, triggering breakthrough innovation in everything from healthcare and education to connectivity and logistics. Advances in fundamental science like artificial intelligence and gene editing are animating the business world. Meanwhile, global investors are rethinking long-term strategic goals and prioritizing sustainability. What are the pillars of this transition and how can it serve humanity?

Speakers:

Sunil Bharti Mittal

Founder & Chairman, Bharti Enterprises; Executive Chairman, OneWeb

Michael Miebach

Chief Executive Officer, Mastercard

Founding Partner

Jane Sun

Chief Executive Officer , Trip.com Group

Moderator:

Haslinda Amin

Chief International Correspondent for Southeast Asia , Bloomberg Television
9:30 am

Firestarter: Driving Sustainable and Inclusive Growth

Speaker:

Bob Sternfels

Global Managing Partner , McKinsey & Company
9:35 am

A New Paradigm for Global Business

In advanced economies, policymakers have moved into uncharted territory as they rebuild shattered economies and restore jobs. Old orthodoxies about inflation and the role of government have been discarded as trillions of dollars pour into infrastructure, smart cities, and green tech, creating new opportunities for workers and businesses but at the cost of rising debt loads. Has the world found a more dynamic economic paradigm? Or does it all end in soaring inflation and years of sub-par growth?

Speakers:

Stacey Cunningham

President , NYSE Group

Piyush Gupta

Chief Executive Officer , DBS Group

John Studzinski

Managing Director and Vice Chairman , PIMCO

Axel A. Weber

Chairman , UBS Group AG

Moderator:

Erik Schatzker

Editorial Director , Bloomberg New Economy
10:15 am

Coffee Break

10:45 am

In Conversation with Dr. Henry A. Kissinger

Speaker:

Henry A. Kissinger

Former U.S. Secretary of State and National Security Advisor

Advisory Board Honorary Chair

Moderator:

John Micklethwait

Editor-in-Chief, Bloomberg

Steering Committee

11:00 am

Two-Speed Global Recovery: The Dangers of a Widening Rich-Poor Gap 

An outpouring of stimulus is narrowing wealth inequalities within rich countries, but poorer countries with low vaccination rates are falling further behind — and may end up on a permanently lower growth trajectory. A generation of kids in the developing world may never fully catch up on missed classes. Now, rising food and energy prices are exacerbating hunger among the world’s most vulnerable populations. Rich countries should adjust their trade policies to support the emerging world. Meanwhile, there’s an urgent need to finance growth in countries left behind. Will multilateral institutions take the lead by offering risk capital? Will private sector lenders follow?

Speakers:

H.E. Dr. Philip Isdor Mpango

Vice President of the United Republic of Tanzania

Elizabeth Rossiello

Founder and CEO , AZA Finance

Dan Schulman

President and CEO , PayPal

Tharman Shanmugaratnam

Senior Minister, Singapore

Advisory Board Member

Moderator:

Shery Ahn

Anchor , Bloomberg TV
11:40 am

In Conversation with U.S. Secretary of Commerce Gina Raimondo

Speaker:

Gina Raimondo

40th Secretary of Commerce , U.S. Department of Commerce

Moderator:

John Micklethwait

Editor-in-Chief, Bloomberg

Steering Committee

12:00 pm

Lunch and Breakout Sessions

2:45 pm

Spotlight on Big Tech and Climate Ambition

Speaker:

Sundar Pichai

Chief Executive Officer , Google and Alphabet

Moderator:

Emily Chang

Anchor , Bloomberg Television
3:00 pm

Post-COP26:  Turning Net Zero Commitments into Action

The enemies of climate action are procrastination and virtue-signalling. To stop global average temperatures rising more than 2 degrees Celsius both businesses and governments must close the gap between long-term net zero goals and near-term plans. How can citizens hold governments to account? How can investors put pressure on companies to invest more in green technologies?

Speakers:

Dan Jørgensen

Minister for Climate, Energy and Utilities, Denmark

H.E. Dr. Rania Al-Mashat

Minister of International Cooperation , Arab Republic of Egypt

Moderator:

Manus Cranny

Anchor , Bloomberg Television
3:25 pm

Equality and Climate: Clean Growth Models for Emerging Economies

How should the world balance climate ambition and the economic realities faced by emerging economies? The pursuit of net-zero must help to drive growth everywhere, not penalize those in poverty. The task at hand: decoupling economic growth from carbon emissions. Developing nations are often worst affected by climate change; how are they approaching sustainable growth and avoiding climate induced damage to their people and economies? What is required from wealthy countries to help these developing nations with climate related projects and aid in a just transition for their economies. The $100 billion a year pledge made in 2009 has proven inadequate, subject to waste and inefficiency, so what is needed in terms of depth and allocation of climate finance in order to avoid catastrophe?

Speaker:

Yvonne Aki-Sawyerr

Mayor , Freetown, Sierra Leone

Uzziel Ndagijimana

Minister of Finance and Economic Planning, Rwanda

Ahmed M. Saeed

Vice-President, East Asia, Southeast Asia and the Pacific , Asian Development Bank

Josephine Wapakabulo

Founder and Managing Director , TIG Africa

Moderator:

Manus Cranny

Anchor , Bloomberg Television
3:55 pm

Global Finance and the Green Transition

The climate crisis is reshaping finance. Increasingly, asset managers — and even central banks — are prioritizing the environment. What role will banks, insurers and multilateral lending agencies play in the green transition? How can the public and private sectors work together to mobilize capital to invest in clean technologies at scale, from power generation to smart grids and transport systems?

Speakers:

Lynn Forester de Rothschild

Founding and Managing Partner , Inclusive Capital Partners

Liza Jonson

Chief Executive Officer , Swedbank Robur

Jin Liqun

President , Asian Infrastructure Investment Bank

Dilhan Pillay Sandrasegara

Executive Director and Chief Executive Officer , Temasek Holdings Pte. Ltd.

Moderator:

Nathaniel Bullard

Chief Content Officer , BloombergNEF
4:35 pm

Mobilizing Capital for Sustainable Solutions

Speaker:

David M. Solomon

Chairman and CEO , The Goldman Sachs Group, Inc.

Moderator:

Francine Lacqua

Anchor , Bloomberg Television
4:55 pm

Can Technology Save a Warming Planet?

Rapidly evolving technologies offer new hope for mitigating climate change. Carbon capture & storage is a promising solution, along with green hydrogen and nuclear fusion. Meanwhile, the price of solar and wind have plummeted. Will technological breakthroughs save the planet or will they delay the social, cultural, lifestyle and government policy changes that are needed immediately to avert catastrophe?

Speakers:

Catherine Macgregor

Chief Executive Officer , ENGIE

The Hon Dan Tehan MP

Minister for Trade, Tourism and Investment, Australia

Gan Kim Yong

Minister for Trade and Industry, Republic of Singapore

Lei Zhang

Chief Executive Officer , Envision Group

Moderator:

Gerald Butts

Vice Chairman , Eurasia Group
5:35 pm

Closing Remarks

Speaker:

Justin B. Smith

Chief Executive Officer, Bloomberg Media; Executive Chair, Bloomberg New Economy
5:40 pm

Day 1 Program Concludes

7:00 pm

Bloomberg New Economy Gala Dinner

In Conversation with Prime Minister Lee Hsien Loong

Moderator:

John Micklethwait

Editor-in-Chief, Bloomberg

Steering Committee

November 18 - Thursday

8:30 am

Opening Remarks

Speaker:

Justin B. Smith

Chief Executive Officer, Bloomberg Media; Executive Chair, Bloomberg New Economy
8:35 am

Opening Address

Speaker:

Henry M. Paulson

Chair, Bloomberg New Economy Forum; Former U.S. Treasury Secretary; Chairman, Paulson Institute

Advisory Board Member

8:50 am

Reimagining Drug Discovery & Medicine: Protein Folding & the Next Technological Revolution

Science has led the global fight against the coronavirus — and demonstrated the potential of genetic material to transform life on the planet. The next half century is likely to see breakthrough progress against genetic disorders like Huntington’s disease, as well as cancer. Can this new science deliver healthcare with equity?

Speaker:

Demis Hassabis

Founder and CEO , DeepMind

Moderator:

Francine Lacqua

Anchor , Bloomberg Television
9:10 am

From Sick Care to Preventative Care: Rethinking Medicine

Global healthcare systems are buckling under the strain of rising costs, aging populations and chronic disease. It’s far better to prevent disease than to treat people after they get sick. How can medicine move toward a new model of care? What is the role of revolutionary new technologies like mRNA?

Speakers:

Bill Anderson

Chief Executive Officer , Roche Pharmaceuticals

Francis deSouza

Chief Executive Officer , Illumina

Rachel Haurwitz

President and CEO , Caribou Biosciences

Moderator:

David Leonhardt

Senior Writer , The New York Times
9:45 am

Assessing Global Health and Pandemic Preparedness

Will the fight against Covid-19 help governments to recognize the importance of pandemic preparedness, or has pandemic fatigue irreparably depleted our global resolve, setting back progress against other types of disease?

Speaker:

Bill Gates

Co-Chair, Bill & Melinda Gates Foundation

Advisory Board Member

Moderator:

John Micklethwait

Editor-in-Chief, Bloomberg

Steering Committee

10:02 am

A Message from Bi Jingquan, Executive Vice Chairman, China Center for International Economic Exchanges (CCIEE)

Speaker:

Bi Jingquan

Permanent Vice Chairman , China Center for International Economic Exchanges
10:05 am

Coffee Break

10:40 am

Combating Truth Decay: Restoring Trust

The erosion of truth and trust-building among communities is a universal issue our society faces, permeating and stunting progress on addressing life-threatening issues from vaccine hesitancy to climate change. What is the extent of the decomposition of facts vs fiction? How can technology preserve, as opposed to tear, our social fabric? Is regulatory reform efficient and sufficient?

Speakers:

Patrick Foulis

Business Affairs Editor , The Economist

Sarah Hanson-Young

Senator for South Australia

David Leonhardt

Senior Writer , The New York Times

Li Xin

Vice President , Caixin Media

Moderator:

Ben Smith

Media Columnist , The New York Times
11:20 am

Feeding the World: Agriculture and the Health of the Planet

An overarching challenge for the planet: How to feed a booming global population as climate change wreaks havoc with global weather patterns, wringing the soil dry in places and flooding it in others? Pests are proliferating. Farming populations are being driven off the land. The quest for food security requires radical new thinking about the health of the planet.

Speakers:

Alloysius Attah

Co-Founder and CEO , Farmerline Group

Werner Baumann

Chairman of the Board of Management, Bayer AG

Founding Partner

David MacLennan

Board Chair and Chief Executive Officer , Cargill

Sara Menker

CEO and Founder , Gro Intelligence

Moderator:

Stephanie Flanders

Head of Bloomberg Economics, Bloomberg

Advisory Board Member

12:00 pm

Lunch and Breakout Sessions

3:00 pm

Firestarter: The Singapore Model

The master planner of Singapore — responsible for some of the world’s most successful housing  projects — reflects on how the pandemic will change the shape of cities.

Speakers:

Liu Thai Ker

Chairman , Morrow Architects & Planners

Kieran Long

Director , ArkDes
3:15 pm

Reimagining the Urban Environment

Will cities come back? If so, in what form? One lesson from the pandemic is that the most successful cities integrate residential, commercial, cultural and entertainment uses into their downtowns. Another is that city residents all over the world are determined to reclaim their open spaces for outdoor exercise and dining, and offices for housing. The challenge of urban planners, architects and developers is to respond to grassroots pressure for more livable cities that balance work, living and play.

Speakers:

Chan Heng Chee

Ambassador-at-Large; Professor , Lee Kuan Yew Centre for Innovative Cities

Sarah Friar

Chief Executive Officer , Nextdoor

Yu Liang

Chairman of the Board, Vanke

Founding Partner

Moderator:

Kieran Long

Director , ArkDes
3:50 pm

Climate Justice: Protecting the World’s Most Vulnerable Communities

The catastrophic effects of climate change are not evenly distributed: emerging economies and developing nations are the most vulnerable, even though they contributed least to the crisis. Climate justice demands that everybody — regardless of race, color, national origin or income — receives equal protection from environmental harm and risks. Our panel of Bloomberg New Economy Catalysts will explore the meaning of justice through their pioneering work: cleaning up manufacturing supply chains in China, using space-based technologies to improve lives in remote villages; and bringing clean energy to rural Africa.

Speakers:

Ma Jun

Founding Director , Institute of Public and Environmental Affairs

Shamim Nabuuma Kaliisa

Founder and Executive Director , Chil Artificial Intelligence Lab

Danielle Wood

Assistant Professor and Director of the Space Enabled Research Group , MIT Media Lab

Moderator:

Haslinda Amin

Chief International Correspondent for Southeast Asia , Bloomberg Television
4:20 pm

What if? A Green Transition for Emerging Economies

Trillions of dollars are needed to fund a green transition in emerging markets. At stake is the future of the planet: Emerging economies are where the battle against climate change will be won or lost. Will pressure on corporate leaders force real change? Can a revolution in green finance address hurdles, such as the developed-market standards defining most emerging market bonds, that prevent green debt issuances in emerging markets? Unlocking capital will require enabling policies that help countries meet net zero targets and improve lives and livelihoods from the ground up.

Speakers:

Natarajan Chandrasekaran

Executive Chairman, Tata Sons

Founding Partner

Noel Quinn

Group Chief Executive, HSBC

Founding Partner

Shemara Wikramanayake

Managing Director and CEO , Macquarie Group

Moderator:

Francine Lacqua

Anchor , Bloomberg Television
5:00 pm

Closing Remarks

Speaker:

Justin B. Smith

Chief Executive Officer, Bloomberg Media; Executive Chair, Bloomberg New Economy
5:05 pm

Day 2 Program Concludes

November 19 - Friday

8:15 am

Town Hall: Contested World

Opening Remarks

Speaker:

Michael R. Bloomberg

Founder of Bloomberg L.P. and Bloomberg Philanthropies; Three-Term Mayor of New York City
8:20 am

Prospects for Coordination and Collaboration

Speaker:

John Kerry

U.S. Special Presidential Envoy for Climate

Moderator:

Stephanie Flanders

Head of Bloomberg Economics, Bloomberg

Advisory Board Member

8:40 am

China, Carbon and the Future of Global Trade

Speaker:

Tom Orlik

Chief Economist , Bloomberg Economics
8:55 am

Untangling Supply Chains

Speakers:

Ankiti Bose

Co-Founder and CEO , Zilingo

Mike Froman

Vice Chairman and President, Strategic Growth, Mastercard

Sanjay Mehrotra

President and CEO , Micron Technology

Moderator:

Clara Ferreira Marques

Columnist , Bloomberg Opinion
9:30 am

Great Power Competition: The Emerging World Order

Great power competition is back, threatening to divide the world into U.S. and Chinese spheres of influence just as humanity needs to come together to fight common enemies — global warming, threats to public health, cybercrime. Can Middle Powers and Rising Powers step up and lead? How will Europe act?

Speakers:

Tony Blair

Former Prime Minister of the United Kingdom; Executive Chairman of the Tony Blair Institute for Global Change

Hillary Rodham Clinton

Former U.S. Secretary of State

Subrahmanyam Jaishankar

Minister of External Affairs, Republic of India

Moderator:

Ian Bremmer

Founder and President, Eurasia Group and GZERO Media

Advisory Board Member

10:00 am

In Conversation with Afghanistan’s Former Central Bank Governor

Speaker:

Ajmal Ahmady

Former Governor , Da Afghanistan Bank

Moderator:

Ian Bremmer

Founder and President, Eurasia Group and GZERO Media

Advisory Board Member

10:07 am

U.S.-China Scenario Planning: CSIS

Speakers:

Michael Green

Senior Vice President for Asia and Japan Chair , Center for Strategic and International Studies

Scott Kennedy

Trustee Chair in Chinese Business & Economics, Center for Strategic & International Studies

Moderator:

Andrew Browne

Editorial Director, Bloomberg New Economy
10:15 am

When Elephants Fight: Is the U.S. Pivot Good for Asia?

Through new partnerships such as the Quad, new defense arrangements such as AUKUS and strengthened military ties to Japan, India and others, the U.S. is finally adding substance to its long-discussed pivot to Asia. Washington says its actions are intended to preserve freedom and prosperity in the region; China says they are driving the world toward a cold and possibly even hot war. How can Asian nations shape the new U.S. strategy to produce what they want above all else: stability?

Speakers:

Merit E. Janow

Dean, School of International and Public Affairs , Columbia University

Bilahari Kausikan

Chairman, Middle East Institute , National University of Singapore

The Honorable Kevin Rudd AC

26th Prime Minister of Australia
President and Chief Executive Officer, Asia Society

Advisory Board Member

Moderator:

Nisid Hajari

Editorial Board , Bloomberg L.P.
10:45 am

Spotlight: China and Global Capital Markets

11:00 am

China and Global Capital Markets

Great Power competition threatens to disrupt capital flows, investment, and innovation. How can a more bi-polar world fund the investment and technology innovation required to meet 21st Century challenges?

Speaker:

Nicolas Aguzin

Chief Executive Officer , Hong Kong Exchanges and Clearing Limited

Leland Miller

Chief Executive Officer , China Beige Book International

Gary Rieschel

Founding Managing Partner, Qiming Venture Partners

Moderator:

Shery Ahn

Anchor , Bloomberg TV
11:30 am

The Showdown Over Crypto and Disruptive Technologies

Around the world, regulators are coming after the crypto industry. China has outlawed cryptocurrency mining and declared all cryptocurrency transactions illegal. The European Union is creating a licensing framework for crypto issuers and service providers. And in the U.S., SEC chair Gary Gensler wants powers to oversee a sector that he calls the “Wild West.” All this regulatory alarm comes as digital assets explode in popularity. Bitcoin has gone mainstream. The arrival of the Bitcoin ETF in America is a milestone. The newly elected mayor of New York, Eric Adams, said he would take his first three paychecks in Bitcoin when he takes over City Hall in January. A showdown is looming. How will it play out? And what are the consequences for digital finance more broadly?

Speaker:

Changpeng “CZ” Zhao

Founder & CEO , Binance

Moderator:

Erik Schatzker

Editorial Director , Bloomberg New Economy
11:50 am

Closing Remarks

Speakers:

Andrew Browne

Editorial Director, Bloomberg New Economy

Ian Bremmer

Founder and President, Eurasia Group and GZERO Media

Advisory Board Member

11:55 am

Forum Closes