Recommendations on Global Risks Call for Action
The Corporate Forum for Global Risks, led by Chairman Niels Smedegaard, has published their recommendations on how society can reduce Danish companies' vulnerability to global risks.
The forum, established by Minister of Industry, Business and Financial Affairs Morten Bødskov on behalf of the government, has delivered a range of good, concrete, and highly usable recommendations across many areas that will reduce Danish companies' vulnerability in an uncertain and changing world.
In Danish Shipping, there is particular satisfaction with several recommendations that address some of the biggest challenges in shipping.
These include a greater focus on strengthening the European trade policy effort and ensuring robust supply chains through the EU. We cannot do everything alone – the EU must play a bigger role globally.
It is also wise that the Forum proposes closer Danish and European cooperation with the Global South, where there is a significant, untapped growth potential, particularly for shipping.
It is very well noted when the report highlights that shipping is a Danish strength, where there is a need for an action plan to realize shipping's growth potential.
Furthermore, the report focuses on leveraging unique Danish growth opportunities, including in shipping.
"It is very well noted when the report highlights that shipping is a Danish strength, where there is a need for an action plan to realize shipping's growth potential. The government has also emphasized the need for a growth plan for the Blue Denmark in its government platform. I very much hope that the government will soon begin work on the concrete design of such a growth plan. From Danish Shipping and the industry's side, we are more than happy to contribute good ideas," said Anne H. Steffensen, CEO of Danish Shipping.
The report also sensibly highlights the need for easier access to qualified labor from third countries, less bureaucracy, and fewer burdens for businesses, as well as the need to ensure that enough green energy is produced quickly enough.
"One of the biggest challenges for shipping, both in Denmark and globally, is to secure enough green fuels to realize the very ambitious goal of climate-neutral global shipping by 2050. This is very precisely stated in the report. It is about ensuring 'Enough green energy quickly enough,'" said Anne H. Steffensen.