Tag Archives: Strait of Hormuz

World Economic Forum- Commercial Momentum Will Drive Climate Progress

Inaugural World Economic Forum survey of CSOs (Chief Sustainability Officers) finds the global sustainability transition advancing with a clear economic case despite geopolitical fragmentation; 63% expect progress to hold steady or accelerate over the next 12 months.73% expect AI to meaningfully accelerate sustainability progress, but 77% flag AI infrastructure’s energy and resource intensity as its most significant negative impact.

85% expect adaptation to become a bigger global priority over the next three years, though 62% cite uncertain cost-benefit assessments as the main barrier to investment. Read the report here.


 
Chief Sustainability Officers Say Commercial Momentum Will Drive Climate Progress – Despite Significant Geopolitical Uncertainty

Geneva, Switzerland, September 2026 – The World Economic Forum’s Chief Sustainability Officers Outlook, published today, finds a global transition showing clear signs of progress backed by commercial and technological momentum despite significant drag from geopolitical fragmentation and marked scrutiny on short-term performance.

The inaugural survey, conducted as escalating conflict in the Middle East disrupted the Strait of Hormuz and rattled global markets, sees CSOs navigating the geoeconomic volatility with more conviction than caution. Some 63% expect global sustainability progress to hold steady or accelerate over the next 12 months, and three in four expect companies’ transition-related investment to do the same driven by a clear economic argument (64%) and increasingly applicable technologies (56%). The result, according to the report, is a “green divergence”, a transition splitting into different sectors and regions moving at very different speeds, even as the global green economy, now worth more than $5 trillion annually, is on track to top $7 trillion by 2030 and remains among the fastest-growing segments of the world economy.

“Chief sustainability officers are telling us the transition is no longer a question of ambition, it’s a question of execution,” said Sebastian Buckup, Managing Director, World Economic Forum. “As companies deliberately anchor sustainability strategies in growth, security and resilience needs, execution speed and priorities increasingly diverge across regions and sectors.”

A widening green divergence
Despite geopolitical volatility, momentum has not stalled but has fragmented. Some 78% of CSOs expect geopolitical and macroeconomic headwinds, from conflict to inconsistent policy and weakening multilateralism, to weigh on progress over the coming year. Rather than a uniform slowdown, CSOs describe a green divergence – some sectors and markets pulling ahead on the strength of clear economics, while others stall under policy uncertainty or unconvinced boards.

AI’s double-edged impact
Some 73% of CSOs expect artificial intelligence to meaningfully accelerate sustainability progress over the next year, particularly in measurement, reporting, efficiency and risk modelling. Yet 77% of CSOs flag the energy and resource intensity of AI infrastructure itself as its most significant negative impact, as data centres already account for roughly 1.5% of global electricity demand, a green divergence playing out inside a single technology.

Adaptation is becoming the next clear priority
Some 85% of CSOs expect adaptation to become a bigger global priority over the next three years and 77% say private-sector investment will be decisive to scaling it. Companies already managing resilience proactively are seeing adaptation bets paying off. CDP estimates that businesses actively managing supply-chain risk have generated $13.6 billion in savings to date, with a further $165 billion in potential financial benefits still on the table. 

“The conversation is shifting from whether to act on sustainability to how fast we can prove it pays off. CSOs today are expected to deliver a business case as rigorous as any other investment decision, on resilience, on AI, on the transition as a whole. The organizations that treat this as a growth opportunity, not a compliance exercise, are the ones that will be ahead when the numbers are finally called in,” said Katharina Beumelburg, Chief Sustainability and New Technologies Officer, Heidelberg Materials.

As the report highlights, “the challenge is no longer recognizing physical risks but demonstrating the value of investing in resilience” – a shift laid bare this year as extreme heat and wildfires forced companies and insurers alike to confront the cost of being unprepared. The clearest signal comes from California. Insurers had paid $22.4 billion in claims from the 2025 Los Angeles wildfires by early 2026, while new analysis suggests that rebuilding affected communities to wildfire-resilience standards could cut projected future losses by around one-third.

About the Chief Sustainability Officers Outlook
The World Economic Forum’s Chief Sustainability Officers Outlook tracks how the CSO role is evolving and what is driving, or blocking, progress on global sustainability. The inaugural report draws on the Chief Sustainability Officers Outlook Survey, conducted between 10 February and 18 March 2026, gathering responses from 103 sustainability leaders across five continents, members of the Forum’s CSO community, convened by the Forum’s Centre for Nature and Climate. For more information, visit the Centre for Nature and Climate.

About the Sustainable Development Impact Meetings 2026
The Sustainable Development Impact Meetings 2026 (SDIM26) will take place in New York, USA, on 21-24 September and bring together senior leaders from across sectors and regions to advance solutions to shared opportunities and challenges, with a particular focus on long-term impact and building momentum before the World Economic Forum Annual Meeting 2027.

For the Silo, Jarrod Barker.

USA Countering Iran’s Exploitation of the Strait of Hormuz

This Press Statement issued for The Silo via Thomas “Tommy” Pigott, Spokesperson

Yesterday, July 29, 2026, the United States designated the Persian Gulf Marine Insurance Company and Hormuz Safe Marine Services Authority, two Iranian entities backed by the Islamic Revolutionary Guard Corps (IRGC), for running coercive “insurance” schemes that extort international shipping transiting the Strait of Hormuz.  These entities manufacture risk—including the threat of vessel seizures—and then charge commercial vessels for coverage against dangers created by the regime itself, generating revenue that sustains IRGC operations and Iran’s broader campaign of regional destabilization.

A Shadow Fleet

The United States also designated eight companies operating vessels that have transported illicit Iranian crude oil and petrochemical products to China and the United Arab Emirates.  These vessels form part of Iran’s “shadow fleet,” which the regime relies on to evade sanctions.

Yesterday’s designations support the U.S. Navy’s enforcement of a blockade on Iranian ports and coastline and add to a sustained campaign that has now sanctioned more than 100 vessels this year.

The United States will continue to hold Iran accountable for weaponizing vital international waterways and evading sanctions through shadow fleet operations and deceptive financial schemes.  Protecting navigational rights and freedoms in the Strait of Hormuz is a global interest, and the United States will act, alongside partners, to ensure Iran cannot hold international commerce hostage to finance its malign activities.  We will continue working with allies to isolate the regime diplomatically and economically until it ceases its destabilizing behavior.

This most recent action was taken pursuant to Executive Order (E.O.) 13902, which targets Iran’s financial, petroleum, and petrochemical sectors.  It continues the robust sanctions campaign targeting Iranian oil sales in support of the President’s National Security Presidential Memorandum 2 (NSPM-2).  For more information on today’s action, please see the Department of the Treasury’s press release.

U.S. Upends Iranian Shadow Fleet and Oil-for-Gold Terror Financing Network

Press Statement via Thomas “Tommy” Pigott, Principal Deputy Spokesperson April 15, 2026

The United States is acting to decisively limit Iran’s ability to generate revenue as it attempts to hold the Strait of Hormuz hostage. Today’s sanctions target elements of U.S.-designated Mohammad Hossein Shamkhani’s multi-billion-dollar oil smuggling empire that enriches the Iranian regime and its elites. It also targets a separate oil-for-gold network that finances U.S.-designated Hizballah and the U.S.-designated Islamic Revolutionary Guard Corp-Qods Force (IRGC-QF).

The Iranian regime continues to enrich corrupt elites like the Shamkhani family while ordinary Iranians suffer under a deteriorating economy. The regime likewise funnels the wealth of the Iranian people to Hizballah and other terrorists in the Middle East. These designations underscore our commitment to maximum pressure on Iran and its terrorist proxies.

The complex schemes involving illicit Iranian oil, gold, and terrorist financing demonstrate the lengths to which Iran and its partners will go to evade sanctions and fund malign activities. We will continue to expose and disrupt these networks.

Since President Trump issued National Security Presidential Memorandum 2, the United States has sanctioned over 1,000 persons, vessels, and aircraft as part of our campaign against Iranian malign activity. We will not relent in our efforts to deny Iran and its proxies the resources they use to threaten U.S. interests and regional stability.

Today’s action marks the latest round of sanctions targeting Iranian oil sales and support to Iran’s terrorist proxies since the issuance of National Security Presidential Memorandum 2 (NSPM-2), directing maximum pressure on Iran and its regional proxies. More information on today’s designations can be found in Treasury’s Press Release.