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Commission presents first EU strategies for islands and coastal communities

The European Commission has adopted two dedicated strategies, one for EU islands and one for EU coastal communities, setting out for the first time a coordinated European approach to support both types of territories and unlock their long-term potential. The two initiatives introduce a targeted approach, dedicated to the specific needs and unique challenges of: 17m people living on more than 4,000 islands across 16 EU Member States; and 95m people living along the 70,000km of EU coastlines and in coastal areas across 22 EU Member States.

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Oliver Wyman & Uni of California: Industry 5.0 is a driver of GDP

Industry 5.0 places human creativity and welfare, sustainability, and resilient systems at the centre of business and government strategies for the benefit of economies, societies and the planet. The combination of these elements can add $1tr annually to global GDP in addition to technology-driven profits, says 'The Industry 5.0 Index', created by the Oliver Wyman Forum and the University of California, Berkeley.