Global Trade and Supply Chain Summit 2024 Concludes in Dubai with Focus on Sustainability and AI

The fourth edition of the Global Trade and Supply Chain Summit concluded today in Dubai, with the event organized by Economist Impact in collaboration with the New Economy Academy. Day 2 of the summit featured a range of discussions centered on sustainable trade financing and the integration of AI and smart robotics to optimize delivery networks.

The day opened with a panel titled “Managing What You Can’t See: How Can Digital Tools Shine A Light on Scope 3 Emissions?” This session explored how digital tools such as generative AI and blockchain can help SMEs track and reduce their environmental impact, particularly regarding Scope 3 emissions.

A fireside chat, “Unlocking the Power of Data in the Digital Economy,” examined how companies are using data to enhance supply chain management, comply with data localization requirements, and protect consumer privacy.

In the panel “Financing a Sustainable Trade Future,” experts discussed the growing interest in eco-friendly materials and green trade finance. The conversation focused on the role of lenders in supporting environmentally responsible trade practices.

The “AI in Action: Optimizing Supply Chains for Efficiency, Agility, and Resilience” session emphasized the transformative role of AI in automating logistics and improving supply chain efficiency. Additionally, “Reskilling Supply-Chain Workforces in the Age of AI” addressed the need for companies to adapt their workforce skills in an AI-driven world.

A final panel, “Powering up Trade Through Tech Innovation,” explored the impact of technologies like blockchain and IoT in revolutionizing global trade, improving supply-chain reliability, and enhancing operational efficiency.

The summit concluded with discussions on AI’s role in creating resilient supply chains and a case study on how India’s economic growth is shaping global trade.

Leave a Reply

Your email address will not be published. Required fields are marked *