OECD-WISE Forum on Well-being

In 2024, Generali took part in the 7^th OECD World Forum on Well-being in Rome, co-organised by the OECD Centre on Well-being, Inclusion, Sustainability and Equal Opportunity (WISE) and the Italian Ministry of Economy and Finance in the context of the G7 Finance Track of the Presidency of Italy.

The Forum provided a space for leaders, experts and practitioners from governments, civil society, and the private sector to share experiences and engage on building evidence and know-how to put people’s well-being at the heart of measurement, policy, and practice.

Generali’s side event, titled “Building Well-being for People and Planet: the role of Public-Private Partnerships”, focused on the need to re-evaluate and enhance wellbeing approaches in light of contemporary global challenges.

With a particular emphasis on the interlinked sustainability issues of climate change, demographic shifts, and workforce transformation, the event aimed to foster understanding of their impact on wellbeing, inclusion, and access to equal opportunities.

In an era marked by unprecedented uncertainty, it is crucial to address how sustainability challenges affect individual and collective wellbeing:

• Climate change is intensifying natural disasters, altering ecosystems, and threatening livelihoods, particularly for vulnerable communities.
• Demographic shifts such as aging populations and urbanization are reshaping social structures and economic dynamics, creating pressures on healthcare systems, social security, and intergenerational equity, influencing social inclusion and access to resources.
• Workforce transformation driven by technological advancements and the gig economy is altering job security, skills requirements, income distribution, work-life balance, and professional fulfilment, with implications for social cohesion and economic mobility.

In re-thinking wellbeing approaches, public-private partnerships can leverage the strengths of both sectors to promote resilient infrastructure and sustainable financing mechanisms, as well as innovate and implement effective solutions for climate adaptation, demographic shifts, and workforce transformation. Generali, through its commitment to sustainability and resilience, aims to contribute by promoting a future where wellbeing for people and the planet is a central priority.

As a global insurance and asset management provider, Generali is uniquely positioned to drive climate adaptation and mitigation efforts while enhancing community resilience.