CFM INDOSUEZ Wealth Management - 2020 Annual Report

23 rose again at the end of the year and has stabilised at a level comparable to that of early 2020. The total number of paid jobs, including all types of job and contract lengths, stood at 55,321. The number of employers stood at 6,126 in the last quarter of 2020, down slightly by -0.9%. Monaco, at the heart of sustainable development The sustainable development initiatives put in place by the Prince's Government are diversifying and reaching all sectors, while the National Green Fund created in 2016 continues to reduce the Principality’s carbon footprint and energy footprint. Measures have also been taken in the areas of transport and sustainable water and waste management. For example, MonaBike, the self-service electric bicycle offer, has been a great success and will continue its deployment throughout 2021. At the international level, the Principality has joined 14 other countries in launching a call to governments around theworldwith themessage: “Unitingour forces to protect Nature”. Responsible finance is also a core concern of the government, which encourages the Monegasque financial centre to offer new investment solutions to its local and international customers. The Principality's ambitious and proactive digital transition The economic transition that was launched before this health crisis is an excellent example. The Principality activated its digital Blue Fund to support the post-Covid-19 economic recovery. One of the effects of this crisis was to strengthen the role of digital technology in all business sectors, whether economic sectors, health, education or culture. The Principality ’s strong digital ambitions were solidified by the implementation of the Extended Monaco programme. Recent key measures include the deployment of 5G and computer programming instruction from nursery school to middle school. At end 2020, the Digital Workshops were launched as part of the Principality’s economic recovery plan, in collaborationwith theMonaco Economic Board (MEB) and the Federation of Monegasque Enterprises (FEDEM). This gave rise to a cycle of free online conferences, with partners among the leading actors in the sector such as LinkedIn and Facebook. Operational since January 2021, the Monaco Santé health portal, accessible via desktop and amobile app, centralises themedical information for thePrincipality and offers a range of e-health services. In 2020, the Principality succeeded in preserving economic activity and employment in the highly complex context of the pandemic, which had not run its course at the start of 2021. The health situation remains unstable and continues to be the main determinant of economic activity. However, newhope has arrived with the acceleration of the vaccination campaign. To find out more about the economic data of Monaco: visit the website of the Institut Monégasque de la Statistique et des Etudes Economiques (IMSEE), imsee.mc .