The final day of the Bhutan Innovation Forum saw a compelling fireside chat with renowned economist and member of House of Lords, Lord Nicholas H. Stern. Lord Stern, widely known for his pioneering 2006 review on the economics of climate change, began the discussion by defining sustainability in clear terms. …
Read More »Estonia’s e-Governance Journey: Lessons for Bhutan
During a recent press meet with the European Union delegations, Estonia’s Ambassador to New Delhi, Marje Luup, shared invaluable insights into her country’s remarkable progress in e-Governance and cybersecurity. She emphasized that this success is largely due to the right attitude and support from the political leadership, highlighting how a …
Read More »Carbon-Linked Bonds: A Potential Path to Climate Financing
In a recent discussion highlighting Bhutan’s innovative financial strategies to combat climate change, experts examined the potential of carbon-linked bonds (CLBs) as a means to attract private sector investment and bolster the country’s environmental commitments during the final day of Bhutan Innovation Forum. These bonds, linked to future carbon prices, …
Read More »How Ireland uses its diaspora
During a recent press meet with the European Union delegations, Kevin Kelly, the Ambassador of Ireland to India, said, “Over the past three decades, Ireland has transitioned from being a nation of mass emigration to welcoming citizens and migrants who support its growing economy.” He said that as a result, …
Read More »Digital Transformation: Progress, Challenges, and Opportunities for Bhutan
Recently, during a panel discussion, leading experts and government officials highlighted the country’s digital advancements and the challenges it faces in achieving an inclusive, secure, and resilient digital ecosystem at the Bhutan Innovation Forum. This transformation is driven by the integration of technology into public services, aligning with Bhutan’s Gross …
Read More »Nobel Laureate Molecular Biologist says modern biotechnology can help Bhutan
Bhutan Innovation Forum saw a molecular biologist and Nobel Laureate, Dr Richard J Roberts, sharing insights into how Bhutan can leverage scientific advancements and business strategies to enhance its agricultural sector and economic prosperity. Dr Richard Roberts highlighted on the potential of small businesses in Bhutan. He said, “I am …
Read More »Lyonchhen attends 79th UN General Assembly, engages with global leaders
Prime Minister Tshering Tobgay arrived in New York on 20 September to participate in the high-level week of the 79th Session of the United Nations General Assembly (UNGA). Leading the Royal Government of Bhutan (RGoB) delegation, which included the Foreign Minister, Cabinet Secretary, Finance Secretary, and senior officials, the Prime …
Read More »The economic costs of social exclusion of vulnerable groups
Social exclusion, particularly of vulnerable groups, such as LGBTQI+ individuals and people with disabilities (PWD), poses significant economic challenges for both individuals and society. The consequences of exclusion extend far beyond the immediate impact on affected individuals; they stifle innovation, reduce productivity, and place an undue burden on healthcare systems. …
Read More »Tsento hydro project in Paro for power generation and water supply
The 33 MW Parochu Integrated Multipurpose Hydropower Plant (IMHP), located in Tsento Gewog, Paro, is progressing steadily and has raised hopes, not only for increased energy generation but also for providing solutions to water shortages in the region. IMHP is positioned to address multifaceted needs, blending hydropower development with water …
Read More »Slow Decline of Bhutan’s apple industry
4,314 MT of apples exported in 1996 dropping to 1,622 MT by 2023 The apple industry in Bhutan, concentrated in key areas like Bumthang, Paro, Thimphu, and Haa, is currently facing multiple challenges, from climate change to market fluctuations. The overall production and export trends indicate a slow decline, raising …
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The Bhutanese Leading the way.