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Global Media Literacy Week 2020





— WORLD ECONOMIC FORUM —


September 29, 2020

World Economic Forum: Leaders Rally for a 'Great Reset' to Achieve Global Goals


World Economic Forum

World Economic Forum

Photos: Impressions from the Farewell Lunch at the Schatzalp session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland. 24 January 2020. Images provided by & Copyright © World Economic Forum / Mattias Nutt.


Geneva, Switzerland, 24 September 2020 - In the closing session of the World Economic Forum’s fourth Sustainable Development Impact Summit, leaders called for governments, businesses, and civil society to create new kinds of cooperation to tackle COVID-19 and the climate crisis.

To achieve the Sustainable Development Goals (SDGs), diplomats urged leaders to seize the opportunity for a Great Reset; the idea championed by Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.

The concept of globalization needs to be redefined, said Subrahmanyam Jaishankar, India’s Minister of External Affairs. “If you do an honest stocktaking of this last six or seven months, I don’t think it would be a good report card on most countries in most regions of the world,” he said, adding that the previous focus on trade, investment, and capital flows has to be broadened.

“Corona anywhere is corona everywhere,” he said. Along with issues such as terrorism and climate change, the pandemic forces us to “revise our sense of what is globalization,” he said.

Rania A. Al-Mashat, Minister of International Cooperation of Egypt, echoed these themes, saying of the COVID-19 pandemic: “Everybody has to be part of a collective solution. No country has a silver bullet. All of us had a chance to learn from each other. Despite shortcomings and pitfalls in handling certain things in the pandemic, there have also been a few successes. These successes have given us confidence,” she said.

One of the critical areas where more public-private dialogue and cooperation could be useful is between the United States, Europe, and China. Susana Malcorra, Dean, IE School of Global and Public Affairs, IE University, Spain, said that competition between the United States and China is not the only rivalry of concern. “There are tensions around the world,” she said. “So, what I would suggest is that we need to think about what I would call the best possible scenario, which is a competitive multilateralism,” she said. “We will not have in the foreseeable future a multilateral system based on one member state being in the driver’s seat and essentially having the rest lining up, like it or not.”

Pekka Haavisto, Foreign Minister of Finland, said that while European countries value transatlantic cooperation and share many values - Europe needs to “work with China on the big global issues, to find a global solution.”

The World Economic Forum designed the summit around the five pillars of the Great Reset: Better Business, Catalysing Cooperation, Harnessing Technology, Liveable Planet, and Shared Prosperity.

• Better Business

• Catalyzing Cooperation

• Harnessing Technology

• Liveable Planet

• Shared Prosperity

The World Economic Forum, committed to improving the world’s state, is an International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, and other society leaders to shape global, regional, and industry agendas.

The World Economic Forum convened the fourth Sustainable Development Impact Summit under the theme “Realizing a Great Reset for Sustainable Development.” This virtual summit brought together more than 4,500 leaders from government, business, and civil society from more than 141 countries.

Source: World Economic Forum

|GlobalGiants.Com|



The Great Reset


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Edited & Posted by Chief Editor | 12:36 PM | View the original post

August 26, 2020

World Economic Forum Appoints New Members to Board of Trustees.

The Board of Trustees is the guardian of the World Economic Forum’s mission and values.

World Economic Forum,

Photo: Impressions from the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 20 January 2020. Image provided by & copyright © World Economic Forum / Valeriano Di Domenico.


Geneva, Switzerland, 26 August 2020 - The World Economic Forum appointed two new members to its Board of Trustees today. Rwanda’s Minister of Information Communication Technology and Innovation Paula Ingabire and Chief Executive Officer of AXA Thomas Buberl join the group serving as guardians of the Forum’s mission and values. The Board oversees the Forum’s work in promoting faithful global citizenship.

The Board of Trustees comprises outstanding leaders from business, politics, academia, and civil society. Its membership is divided equally between representatives of the business community and leaders from international organizations and civil society.

Paula Ingabire has served as the Minister of Information Communication Technology and Innovation of Rwanda since October 2018. Before her appointment, she was Head of ICT at the Rwanda Development Board and the Head of the Kigali Innovation City initiative. She led the implementation of National ICT programs and coordinated the creation of SMART Africa. She is part of Girls in ICT Rwanda and has worked to propel Rwanda forward in its rapid adoption of Fourth Industrial Revolution tools. In March 2020, she joined the Forum’s Young Global Leaders community.

Thomas Buberl has served as Chief Executive Officer of AXA since September 2016. He has been a member of the AXA executive committee since 2012 and held the role of Chief Executive Officer of AXA Konzern AG (Germany). Prior roles include the Chief Executive Officer for Switzerland for Zurich Financial Services and Member of the Management Board of Winterthur in Switzerland, first as Chief Operating Officer and then as Chief Marketing and Distribution Officer. In 2008, he was nominated as a Young Global Leader by the World Economic Forum.

As of 26 August 2020, the Members of the Board of Trustees of the World Economic Forum are:

Source: World Economic Forum

|GlobalGiants.Com|


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Edited & Posted by Chief Editor | 4:21 PM | View the original post

July 15, 2020

Four Hundred Million New Jobs by 2030 if Businesses Prioritize Nature, Says World Economic Forum.

World Economic Forum,

Photo: Scene at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland. 18 January 2020. Image provided by & Copyright © World Economic Forum/Mattias Nutt.

Geneva, Switzerland, 15 July 2020 - The global COVID-19 pandemic has caused unprecedented job losses and economic uncertainty. As governments and businesses look to stimulate growth, a new study from the World Economic Forum found that ‘nature-positive’ solutions can create 395 million jobs by 2030.

The Future of Nature and Business Report provides blueprints for businesses to tap into a $10.1 trillion business opportunity, focusing on nature-positive industry actions, meaning that they add value to nature.

The report reflects real-world examples where nature-positive results have improved business outcomes:

“We can address the looming biodiversity crisis and reset the economy in a way that creates and protects millions of jobs,” said Akanksha Khatri, Head of the Nature Action Agenda, World Economic Forum. “Public calls are getting louder for businesses and government to do better. We can protect our food supplies, make better use of our infrastructure, and tap into new energy sources by transitioning to nature-positive solutions.”

• Food, land, and ocean use: What we eat and grow makes up around $10 trillion of global GDP and employs up to 40% of the worldwide workforce. Nature-positive solutions can create 191 million new jobs and $3.6 trillion of additional revenue or cost savings by 2030. Here are some examples:

• Infrastructure and the built-environment: About 40% of global GDP comes from the environment we build - office buildings, homes, and transport. Nature-positive solutions can create 117 million new jobs and $3 trillion in additional revenue or cost savings by 2030. Here are some examples:

• Energy and extractives: The energy we produce and what we extract accounts for almost a quarter of global GDP and 16% of global employment. With energy demand growing, there is an opportunity to create 87 million jobs and $3.5 trillion in business opportunities by 2030. Here are some examples:

• Guide for Finance Ministers

A policy companion outlines how governments can complement and enable businesses to act. Finance ministers can combine six cross-cutting policy measures to put the right incentives in place as part of stimulus packages and create jobs without destroying nature. They include better measurement of economic performance beyond GDP, incentives for innovation, improved spatial planning and management of marine and terrestrial assets, the removal of subsidies that endanger long-term job stability, investment in reskilling, and increased financial support for natural solutions.

• Quotes from World Economic Forum Partners

Source: World Economic Forum

|GlobalGiants.Com|


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Edited & Posted by Chief Editor | 7:07 AM | View the original post

June 4, 2020

World Economic Forum to Convene a Unique Twin Summit "The Great Reset" in January 2021.

The twin summit will be both in-person and virtual, connecting key global governmental and business leaders in Davos with a global multistakeholder network in 400 cities around the world for a forward-oriented dialogue driven by the younger generation.

World Economic Forum

Photo: Impressions from the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland. Image provided by & Copyright © World Economic Forum / Benedikt von Loebell. [File Photo]

World Economic Forum

Photo: Impressions from the Opening Concert: An International Call for Unity and Joy, at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland. Image provided by & Copyright © World Economic Forum / Christian Clavadetscher. [File Photo]

Geneva, Switzerland, 3 June 2020 - “The Great Reset” will be the theme of a unique twin summit to be convened by the World Economic Forum in January 2021. The 51st World Economic Forum Annual Meeting will bring together global leaders from government, business, and civil society, and stakeholders from around the world in a unique configuration that includes both in-person and virtual dialogues.

“We only have one planet, and we know that climate change could be the next global disaster with even more dramatic consequences for humankind. We have to decarbonize the economy in the short window remaining and bring our thinking and behavior once more into harmony with nature,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.

“To secure our future and to prosper, we need to evolve our economic model and put people and planet at the heart of global value creation. If there is one critical lesson to learn from this crisis, we need to put nature at the heart of how we operate. We can’t waste more time,” said HRH, The Prince of Wales.

“The Great Reset is a welcome recognition that this human tragedy must be a wake-up call. We must build equal, inclusive, and sustainable economies and societies that are more resilient in the face of pandemics, climate change, and the many other global changes we face,” said António Guterres, Secretary-General, United Nations, New York.

“A Great Reset is necessary to build a new social contract that honors the dignity of every human being,” added Schwab. “The global health crisis has laid bare the unsustainability of our old system. We lack social cohesion, equal opportunities, and inclusiveness. Nor can we turn our backs on the evils of racism and discrimination.”

“COVID-19 has accelerated our transition into the age of the Fourth Industrial Revolution. We have to make sure that the new technologies in the digital, biological, and physical world remain human-centered and serve society as a whole, providing everyone with fair access,” he said.

“This global pandemic has also demonstrated again how interconnected we are. We have to restore a functioning system of smart global cooperation structured to address the challenges of the next 50 years. The Great Reset will require us to integrate all global society stakeholders into a community of common interest, purpose, and action,” said Schwab. “We need a change of mindset, moving from short-term to long-term thinking, moving from shareholder capitalism to stakeholder responsibility. Environmental, social and good governance have to be a regular part of corporate and governmental accountability,” he added.

According to the World Economic Forum, this innovative summit will be a very different Annual Meeting. It would reflect the spirit of the Great Reset. It will provide a unique opportunity at the beginning of 2021 to bring together the critical global government and business leaders in Davos. It would be a worldwide multistakeholder summit driven by the younger generation to ensure that the Great Reset dialogue pushes beyond traditional thinking and is genuinely forward-oriented.

To do so, the World Economic Forum will draw on thousands of young people in more than 400 cities around the world (the Global Shapers Community), interconnected with a robust virtual hub network to interact with the leaders in Davos. Each of those hubs will have an open house policy to integrate all interested citizens into this dialogue, making the Annual Meeting open to everyone. Also, global media and social media networks will mobilize millions of people, enabling them to share their input while also providing them with access to the Annual Meeting discussions in Davos.

HRH, The Prince of Wales, and Professor Schwab announced the Great Reset during a virtual meeting. Statements by UN Secretary-General António Guterres and IMF Managing Director Kristalina Georgieva followed the announcement.

All stakeholder groups of global society supported the above statements. The Great Reset supporters include:

In the run-up to the Annual Meeting, the Forum will host a virtual series, The Great Reset Dialogues. These dialogues are a joint initiative of the World Economic Forum and HRH The Prince of Wales.

Source: World Economic Forum

|GlobalGiants.Com|


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Edited & Posted by Chief Editor | 7:30 AM | View the original post

January 25, 2020

The World faces Four Main Challenges: Climate Change, Mistrust of Leaders, Increased Geopolitical Tension, and the Dark Side of the Technological Revolution, Says UN Secretary-General.

World Economic Forum

Photo: António Guterres, Secretary-General, United Nations, New York, and the Global Shapers at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 24 January. Congress Centre. Image provided by & Copyright © World Economic Forum.

World Economic Forum

Photo: Ivanka Trump, Advisor to the President White House, United States of America, during World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 23 January. Image provided by & Copyright © World Economic Forum / Valeriano Di Domenico.

World Economic Forum

Photo: Sara Eisen, Co-Anchor, Squawk on the Street and Closing Bell, CNBC, USA, speaking in the “After Brexit: Renewing Europe’s Growth” session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 23 January. Congress Center - Aspen. Image provided by & Copyright © World Economic Forum/Faruk Pinjo.

World Economic Forum

Photo: Karen Karniol-Tambour, Bridgewater Associates LP, speaking in the “Issue briefing: Black Swan and Grey Rhinos in Financial Markets” session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 22 January. Congress Centre - Issue Briefing Room. Image provided by & Copyright © World Economic Forum / Greg Beadle.

World Economic Forum

Photo: Elena Cherney, Editor, News Features and Special Projects, Wall Street Journal, USA, speaking in the “The Future of Mobility” session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 23 January. Congress Centre - Situation Room. Image provided by & Copyright © World Economic Forum/Sandra Blaser.

World Economic Forum

Photo: Penny Abeywardena, Commissioner for International Affairs, Mayor’s Office, City of New York, USA; Young Global Leader speaking in the “Striking a Green New Deal” session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 23 January. Congress Centre - Aspen. Image provided by & Copyright © World Economic Forum/Manuel Lopez.

World Economic Forum

Photo: Robert J. Shiller, Sterling Professor of Economics, Yale University, USA, speaking in the “Power of Narratives” session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 23 January. Congress Center - Aspen. Image provided by & Copyright © World Economic Forum/Faruk Pinjo.

World Economic Forum

Photo: Somini Sengupta, International Correspondent, Climate Change, New York Times, India, speaking in the Charging the “True Price of Carbon” session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 22 January. Congress Centre - Hub B Room. Image provided by & Copyright © World Economic Forum / Greg Beadle.

World Economic Forum

Photo: Sarah Kelly, Anchor-at-Large, Deutsche Welle, USA, speaking during the session “A Decade to Deliver the Global Goals” at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 23 January. Congress Centre. Image provided by & Copyright © World Economic Forum/Jakob Polacsek.

Davos-Klosters, Switzerland, 24 January 2020 - “I would use two words to describe the state of the world today: uncertainty and instability,” said António Guterres, Secretary-General of the United Nations. Guterres made his statement during a plenary session of the World Economic Forum Annual Meeting 2020.

Using a Christian Biblical reference to the Four Horsemen of the Apocalypse, Guterres described what he called four “enormous challenges” to the world today: climate change, mistrust of leaders, increased geopolitical tension, and the dark side of the technological revolution.

“Climate change is the defining issue of our time,” he said. It represents an “existential threat” to humankind. “The planet will not be destroyed. We will destroy our capacity to live on the planet.”

We need to hold the Carbon emissions below those projected by the Paris Agreement to keep the global temperature within the range targeted by scientists. Countries that he called the “big emitters” will need to make more significant strides; 80% of emissions come from the member nations of the G20 group.

He called for a three-step program to tackle this: carbon pricing, a shift from taxation on income to one on carbon, and the elimination of fossil fuel subsidies. “As a taxpayer, I can’t accept the idea that the Government uses my taxes to melt glaciers,” he said. “It doesn’t make any sense.”

As a measure of mistrust, Guterres noted that 66 countries experienced major demonstrations last year. “In each country, the pretext is different, but there is an underlying factor: mistrust,” he said. “The lack of trust in local establishments.” People believe that the world does not equitably distribute the fruits of globalization. “Seven in 10 people in the world live in countries where inequality is growing.”

His recipe for improvement would start with governments giving a “voice to the people,” particularly to young people, and with particular attention to gender equality. All stakeholders (including civil society, governments, and businesspeople) should work together, notably in the pursuit of the Sustainable Development Goals, he said.

Weaknesses in institutions further exacerbate increased geopolitical tensions. For example, the UN Security Council’s “inability to take decisions” or to enforce the ones they do take, such as the arms embargo for Libya. “We need a global economy,” he said. “And we need multilateral institutions to be in charge.”

To combat “chaos in cyberspace and ensure that artificial intelligence becomes a force for good, we need to boost international cooperation,” he said. To that end, multilateral organizations should change their modus operandi to become more agile, working in networks. “Inclusive multilateralism” would extend beyond national governments to include more participation from local authorities, civil society, business leaders, and others.

The World Economic Forum Annual Meeting 2020 took place from 21 to 24 January 2020 in Davos-Klosters, Switzerland. The meeting brought together more than 3,000 global leaders from politics, government, civil society, academia, the arts, and culture as well as the media. Convening under the theme, Stakeholders for a Cohesive and Sustainable World, participants focused on defining new models for building sustainable and inclusive societies in a plurilateral world.

|GlobalGiants.Com|


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Edited & Posted by Chief Editor | 2:14 PM | View the original post

January 22, 2020

The World Economic Forum launches Reskilling Revolution, an initiative to provide one billion people with better education, skills, and jobs by 2030.

World Economic Forum

Photo: Impressions during the Creating a Sustainable Business Culture session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 21 January. Ameron Swiss Mountain Hotel, Symondpark. Image provided by & Copyright © World Economic Forum/Faruk Pinjo.

World Economic Forum

Photo: Pierre Hubbard, General Secretary, Trade Union Advisory Committee (TUAC) to the OECD, France, speaking in the Humans behind Machines at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 22 January. Congress Centre - Sanada. Image provided by & Copyright © World Economic Forum / Manuel Lopez.

World Economic Forum

Photo: Ivanka Trump, Assistant, and Adviser to the President of the United States speaking in the Press Conference: Reskilling Revolution: Better Skills for a Billion People by 2030 at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 22 January. Media Village - Press Conference Room. Image provided by & Copyright © World Economic Forum/Sikarin Fon Thanachaiary.

World Economic Forum

Photo: Sundar Pichai, Chief Executive Officer, Google, USA, speaking in the An Insight, An Idea with Sundar Pichai session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 22 January. Congress Centre - Aspen 1 Room. Image provided by & Copyright © World Economic Forum/ Greg Beadle.

World Economic Forum

Photo: Deepika Padukone, Founder, Live Love Laugh Foundation, India; Cultural Leader, speaking in the “An Insight, An Idea with Deepika Padukone” session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 21 January 2020. Image provided by & Copyright © World Economic Forum / Boris Baldinger.

World Economic Forum

Photo: Queen Máxima of the Netherlands, speaking in the High-Level Panel on Africa session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 21 January. Congress Centre - Congress Hall. Image provided by & Copyright © World Economic Forum/Mattias Nutt.

World Economic Forum

Photo: Paul Collier, Professor of Economics and Public Policy, Blavatnik School of Government, University of Oxford, United Kingdom, speaking in “The Future of the Corporation” at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 21 January. Congress Centre - in Spotlight Room. Image provided by & Copyright © World Economic Forum/Jakob Polacsek.

World Economic Forum

Photo: Impressions from the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 20 January. Image provided by & Copyright © World Economic Forum / Valeriano Di Domenico.

Davos, Switzerland, Wednesday, 22 January 2020 - The World Economic Forum today launched Reskilling Revolution, a multistakeholder initiative aiming to provide better education, new skills, and better work to a billion people around the world by 2030.

The Reskilling Revolution platform would prepare the global workforce with the skills needed to future-proof their careers against the expected displacement of millions of jobs as a result of technological change. It would also provide businesses and economies with the skilled labor needed to fulfill the millions of new roles that will be created by the Fourth Industrial Revolution, shifts in the global economy, and industrial transitions towards sustainability.

“The best way to foster a more cohesive and inclusive society is to provide everybody with a decent job and income. Here in Davos, we are creating a public-private platform to give one billion people the skills they need in the age of the Fourth Industrial Revolution. The scale and urgency of this transformation calls for nothing short of a reskilling revolution,” said Klaus Schwab, Founder, and Executive Chairman, World Economic Forum.

• National and industry transformation

To effect such systems-wide change, Reskilling Revolution will serve as a platform for connecting and coordinating individual initiatives within specific countries, industries, organizations, and schools. At the country-level, the governments of India, Oman, Pakistan, the Russian Federation, the United Arab Emirates Denmark, and Singapore would support the Reskilling Revolution.

In the private sector, several companies are already taking coordinated action on workforce transformations through cross-industry collaborations involving business, trade unions, and the training sector. These industry accelerators include Advanced Manufacturing; Aerospace; Aviation, Travel and Tourism; Consumer; Financial Services; Media, Entertainment and Information; Mining and Metals; Oil and Gas; and Health and Healthcare.

• Founding partners, initiatives and coalitions to reach 250 million people

Together, founding partners’ initiatives and coalitions already signed up to the Reskilling Revolution have the capability of reaching 250 million people worldwide. The Reskilling Revolution Platform will enable these coalitions and future business-led initiatives to create system-level change or to be scaled up through replication by other organizations.

Founding business pledges include:

• The Adecco Group aims to support 5 million workers through upskilling and reskilling globally by 2030. The Group’s General Assembly business will play a vital role as a founding member of the Skills Consortium of online training and learning providers, as part of the Reskilling Revolution initiative. The Adecco Group Foundation will contribute as a founding partner to the HR Valley initiative - a hub of human capital management learning.

• Coursera Inc. will be a data partner and a founding member of the Skills Consortium of online training and learning providers hosted by the Reskilling Revolution. It has committed to upskilling 10 million global workers by 2030 in high-demand domains of Data Science, Technology, Business, and Soft skills.

• Infosys is expanding computer science and maker education to K-12 students and teachers across the US, especially among under-represented communities, and will become a founding member of a Skills Consortium of online training and learning providers hosted by Reskilling Revolution.

• LinkedIn will be a data partner for the Reskilling Revolution initiative. Manpower Group’s MyPath is enabling hundreds of thousands of people to access high-growth roles by providing accelerated upskilling, on-the-job training, and certification.

• PwC and its New World. New Skills. The program will deploy skills to support public-private collaborations through the Reskilling Revolution. It will also help clients prepare their workforces for the digital world, upskill each of its 276,000 people and scale up its community programs, particularly in areas where there is an acute need.

• Salesforce has committed to help train 1 million people with relevant skills and reach 10 million active users on Trailhead, Salesforce’s free online learning platform, within the next five years. Through workforce development initiatives, including Trailhead Military, FutureForce, and the Pathfinder Program, all powered by Trailhead, anyone can skill-up to learn in-demand skills and earn credentials to land a top job in tech.

“The United States is a leading example of when the public and private sector comes together to prioritize workers. The Trump Administration would change one billion lives by 2030 through this Reskilling Revolution through its Pledge to America’s Workers,” said Ivanka Trump, Assistant, and Adviser to the President of the United States.

“We are excited to partner with the World Economic Forum through the Reskilling Revolution initiative. As the availability of digital talent continues to be one of the greatest barriers for enterprises to transform, organizations need to nurture a culture that enables talent - across disciplines and skills - to benefit from a continuum of lifelong learning that prepares them for the future of work. We are keen to help drive the transformation”, said Salil Parekh, Chief Executive Officer, and Managing Director, Infosys.

The World Economic Forum’s Reskilling Revolution Platform for Shaping the Future of the New Economy and Society provides the opportunity to advance prosperous, inclusive, and equitable economies and societies. It focuses on co-creating a new vision in three interconnected areas: growth and competitiveness; education, skills and work; and equality and inclusion. Working together, stakeholders deepen their understanding of complex issues, shape new models and standards and drive scalable, collaborative action for systemic change.

Over 100 of the world’s leading companies and 100 international, civil society and academic organizations currently work through the Platform. They promote new approaches to competitiveness in the Fourth Industrial Revolution.

|GlobalGiants.Com|


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Edited & Posted by Chief Editor | 1:58 PM | View the original post

January 20, 2020

World Economic Forum Presents 2020 Crystal Awards

World Economic Forum

Photo: Hilde Schwab, Chairperson, and Co-Founder, Schwab Foundation for Social Entrepreneurship; Cultural Leader and Jin Xing, Choreographer and Founder, Jin Xing Dance Theatre Shanghai, People’s Republic of China; Cultural Leader speaking in The 26th Annual Crystal Award Ceremony session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 20 January. Conference Center - Congress Hall. Image provided by & Copyright © World Economic Forum/ Valeriano Di Domenico.

World Economic Forum

Photo: Hilde Schwab, Chairperson, and Co-Founder, Schwab Foundation for Social Entrepreneurship; Cultural Leader and Deepika Padukone, Founder, Live Love Laugh Foundation, India; Cultural Leader speaking in The 26th Annual Crystal Award Ceremony session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 20 January. Conference Center - Congress Hall. Image provided by & Copyright © World Economic Forum/ Valeriano Di Domenico.

World Economic Forum

Photo: Hilde Schwab, Chairperson, and Co-Founder, Schwab Foundation for Social Entrepreneurship; Cultural Leader and Theaster Gates, Founder, and Director, Rebuild Foundation, Cultural Leader speaking in The 26th Annual Crystal Award Ceremony session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 20 January. Conference Center - Congress Hall. Image provided by & Copyright © World Economic Forum/ Valeriano Di Domenico.

World Economic Forum

Photo: Deepika Padukone, Founder, Live Love Laugh Foundation, India; Cultural Leader speaking in The 26th Annual Crystal Award Ceremony session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 20 January. Conference Center - Congress Hall. Image provided by & Copyright © World Economic Forum/ Faruk Pinjo.

Geneva, Switzerland, 20 January 2020 - Artist Theaster Gates, choreographer, and media personality Jin Xing, actor Deepika Padukone and artist Lynette Wallworth are the recipients of the World Economic Forum 26th Annual Crystal Award. The award celebrates the achievements of artists and cultural figures whose leadership inspires inclusive and sustainable change. The winners were honored in the opening session of the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, on Monday 20 January.

“These wonderful cultural leaders are bridge-builders. They connect us. They help us reflect on the human condition, and they provide visions of the world that can cut through the limitations of short-term or linear thinking,” said Hilde Schwab, Chairwoman, and Co-Founder of the World Arts Forum, which hosts the awards.

Award recipients

• Theaster Gates, for his leadership in creating sustainable communities

Theaster Gates is an artist who lives and works in Chicago. Drawing on his interest and training in urban planning and preservation, Gates creates works that focus on space theory, land development, sculpture, and performance. In 2010, Gates established the Rebuild Foundation to galvanize communities through neighborhood regeneration and the development of educational and arts programming. Many of the foundation’s initiatives are centered on the revitalization of Chicago’s South Side, creating hubs and archives for the black culture that serve as catalysts for discussions on race, equality, space, and history. Gates is a professor at the University of Chicago in the Department of Visual Arts and the Harris School of Public Policy and is Distinguished Visiting Artist and Director of Artist Initiatives at the Lunder Institute for American Art at Colby College.

“Special thanks to the World Economic Forum for this most prized Crystal Award. The impact of the arts and artists is incomparable when we think about the transformation of cities and towns. I am honored to work as a believer in beauty and creativity and hope the work and the ideals that I lead within Chicago have resonance throughout the world,” said Gates.

• Jin Xing, for her leadership in shaping inclusive cultural norms

Jin Xing is a choreographer, media personality, and China’s most popular TV host. She is the founder of the award-winning Jin Xing Dance Theatre, the country’s first independent dance company. Her television shows, which include Venus Hits Mars, The Jin Xing Show, and Chinese Dating, draw more than 100 million viewers a week and create a space for discussion on contemporary life in China. She is a Chevalier de l’Ordre des Arts et des Lettres of France and received an honorary Doctorate of Dance from the Royal Conservatoire of Scotland.

“In today’s complex and fractured world, I pursue my mission to be true to the society, to be a true voice for the public, as an artist, a public figure and as a human being. I’m grateful and honored to receive this year’s Crystal Award. This honor encourages me to continue my mission and be crystal clear towards life,” said Jin.

• Deepika Padukone, for her leadership in raising mental health awareness

Deepika Padukone is an internationally acclaimed actor, fashion icon, and mental health ambassador from India. She has acted in close to 30 feature films across genres and won several awards for her performances. Many of her films also rank among the highest-grossing movies of all time. Padukone was diagnosed with clinical depression in 2014 and sought professional help to aid her recovery. In June 2015, she founded The Live Love Laugh Foundation (TLLLF) to give hope to every person experiencing stress, anxiety, and depression (SAD). The foundation’s programs and initiatives include nationwide public awareness and destigmatization campaigns, adolescent mental health programs, funding support for treatment in rural communities, general training physicians in common mental health disorders, research, and an annual lecture series featuring the world’s foremost thinkers and achievers.

“With more than 300 million people suffering from the illness, depression is the leading cause of ill health and disability in the world today and a major contributor to the overall global burden of disease. I am humbled and deeply honored to be chosen for this year’s Crystal Award and dedicate the award to the millions around the world who experience stress, anxiety and depression, and other forms of mental illness,” Padukone said.

• Lynette Wallworth, for her leadership in creating inclusive narratives

Lynette Wallworth is an Australian artist whose immersive video installations, virtual reality, and film works reflect the connections between people and the natural world. She won an Emmy Award for her virtual reality film Collisions, which the World Economic Forum commissioned, premiered, and executive-produced. Wallworth was named one of the “100 Leading Global Thinkers” by Foreign Policy magazine for immersing audiences in the destructive power of nuclear weapons. Her 2018 mixed-reality film Awavena, the story of the first woman Shaman from the Yawanawa tribe in Brazil, as well as her most recent works, have been made at the invitation of indigenous communities. She is a member of the World Economic Forum’s Global Future Council on Virtual and Augmented Reality and a member of the Board of Trustees of the Sundance Institute.

“I have sought to use my skills as an artist to bring unheard voices, including indigenous voices. These voices ring out with resilience, persistence, power, and grace. In supporting my work, the creation and the presentation of it, the World Economic Forum has helped me place it in front of those I most wished to impact, those whose decisions help shape our shared future. I am immensely grateful that these works, these voices, have been heard and are being honored by a Crystal Award,” said Lynette Wallworth.

The World Economic Forum Annual Meeting brings together leaders from government, international organizations, business, civil society, the arts and culture and media, foremost experts, and the young generation from all over the world, at the highest level and in representative ways. It engages some 50 heads of state and government, more than 300 ministerial-level government participants, and business representation at the chief executive officer and chair level.

|GlobalGiants.Com|


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Edited & Posted by Chief Editor | 3:07 PM | View the original post

January 18, 2020

Piyush Goyal to lead Indian Delegation to World Economic Forum 2020

WEF2020-ImpLoebel-001.jpg

Photo: Impressions from the Conference Center. At the Annual Meeting 2018 of the World Economic Forum in Davos. Image provided by & Copyright © World Economic Forum / Benedikt von Loebell. [File Photo]

New Delhi, 17 January 2020 — Union Minister of Commerce and Industry & Railways, Piyush Goyal, will lead the Indian delegation to the 50th World Economic Forum (WEF) at Davos from 20 January to 24th 2020. The Commerce and Industry Minister will participate in the WEF along with Union Minister of State for Shipping and Chemical & Fertilizers, Mansukh L. Mandaviya, and Chief Ministers of the States of Karnataka and Madhya Pradesh, the Finance Minister of Punjab, and the IT Minister of Telangana. Secretary Department for Promotion of Industry and Internal Trade, senior officials of the Ministry of Commerce and Industry, and Invest India are also part of the delegation.

Commerce and Industry Minister will hold bilateral meetings with Ministers of Australia, South Africa, Russia, Saudi Arabia, Switzerland, Korea, and Singapore. He will also meet the Director-General of the World Trade Organization and Secretary-General of Organisation for Economic Co-operation and Development (OECD).

Apart from this, Commerce and Industry Minister will hold bilateral meetings with CEOs of companies, attend WEF sessions and round tables on Accelerating Investments in Indian Railways and attracting Global Institutional Investments in India.

Commerce and Industry Minister will also participate in an informal WTO Ministerial gathering in Davos.

The WEF annual meeting in Davos engages the world’s top leaders to shape global, regional, and industry agendas at the beginning of the year. The theme of the 2020 meeting is “Stakeholders for a Cohesive and Sustainable World.”

|GlobalGiants.Com|


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Edited & Posted by Chief Editor | 6:24 AM | View the original post

January 14, 2020

The World Economic Forum Annual Meeting 2020 will convene under the theme, Stakeholders for a Cohesive and Sustainable World.

World Economic Forum

Photo: Impressions from the Annual Meeting 2019 of the World Economic Forum in Davos. Image provided by & Copyright © World Economic Forum / Manuel Lopez. [File Photo]

World Economic Forum

Photo: Bhairavi Jani, Executive Director, SCA Group of Companies, India; Young Global Leader, speaking during the Session “Future Frontiers of Global Value Chains” in “Situation Room” at the Annual Meeting 2019 of the World Economic Forum in Davos. Image provided by & Copyright © World Economic Forum / Greg Beadle. [File Photo]

World Economic Forum

Photo: A Participants during the Session “What Should Globalization 4.0 Look Like?” in “Ideas Lab” at the Annual Meeting 2019 of the World Economic Forum in Davos. Image provided by & Copyright © World Economic Forum / Greg Beadle. [File Photo]

World Economic Forum

Photo: Sarah Kelly, Anchor-at-Large, Deutsche Welle, USA, captured during the Session “A ‘Fourth Social Revolution’?” at the Annual Meeting 2019 of the World Economic Forum in Davos Congress Centre. Image provided by & Copyright © World Economic Forum / Sikarin Fon Thanachaiary. [File Photo]

Geneva, Switzerland, 14 January 2020 - The World Economic Forum Annual Meeting 2020, taking place on 21-24 January in Davos-Klosters, Switzerland, will focus on establishing stakeholder capitalism as a way of addressing the world’s most significant challenges. These challenges include societal divisions created by income inequality and political polarization to the climate crisis we face today.

Underpinning the meeting will be the Davos Manifesto 2020. This document builds on the original Davos Manifesto of 1973, which set out for the first time the stakeholder concept that businesses should serve the interests of all society rather than merely their shareholders. The Davos Manifesto 2020 provides a vision for stakeholder capitalism that touches on a range of essential issues of our time, including fair taxation, zero tolerance for corruption, executive pay, and respect for human rights.

“Business has now to fully embrace stakeholder capitalism, which means not only maximizing profits but use their capabilities and resources in cooperation with governments and civil society to address the critical issues of this decade. They have to contribute to a more cohesive and sustainable world actively,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.

Building on the Manifesto 2020, this year’s program focuses on achieving maximum impact on the Forum’s platform for public-private cooperation across six core areas of activity: Ecology, Economy, Society, Industry, Technology, and Geopolitics. More than 160 individual initiatives, each capable of delivering system-wide transformation, are active on the Forum platform. Significant advances in a number of these, especially in the fields of responsible business, the environment, and social mobility, are expected to be confirmed during the meeting.

Among the initiatives to be launched at the Annual Meeting is one that aims to plant 1 trillion trees over the next decade and to equip 1 billion people with the necessary skills in the age of the Fourth Industrial Revolution.

Nearly 3,000 leaders will participate in this year’s Annual Meeting. Top political leaders taking part include:

Leaders from international organizations include:

More than 1,680 leaders from the private sector will participate in the Annual Meeting this year, including Members and Partners of the World Economic Forum.

Leaders from civil society taking part in the meeting include:

Adding a new dimension this year is the Arts and Culture Festival. Running alongside the Annual Meeting, the Festival will feature several sessions and immersive art installations, including those featuring the participation of the winners of the 26th Annual Crystal Awards and WEF Cultural Leaders.

|GlobalGiants.Com|

Editor's Opinion

The world appreciates World Economic Forum’s unique heroic profession of improving the state of the world and commends its 2020 Annual Meeting’s theme “Stakeholders for a Cohesive and Sustainable World.”

The world trusts that all companies would read and acknowledge the “Davos Manifesto 2020”, which sets forth “The Universal Purpose of a Company in the Fourth Industrial Revolution”.

The world expects that the World Economic Forum 2020 Annual Meeting would set the ball rolling by extensively publicizing forceful recommendations that are balanced, universally acceptable, strategic, holistic, achievable, operational, and friendly.


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Edited & Posted by Chief Editor | 7:08 PM | View the original post

November 18, 2019

World Economic Forum Annual Meeting in January 2020 in Davos, Switzerland to focus on 'Defining Stakeholder Capitalism'

World Economic Forum

Photo: Impressions at the Annual Meeting 2019 of the World Economic Forum in Davos, January 2019. Image provided by & Copyright © World Economic Forum / Jakob Polacsek.

World Economic Forum

Photo: Impressions at the Annual Meeting 2019 of the World Economic Forum in Davos, January 2019. Image provided by & Copyright © World Economic Forum / Benedikt von Loebell.

Geneva, Switzerland, 18 November 2019 - The World Economic Forum recently announced the theme and details for its 50th Annual Meeting, to be held 21-24 January 2020, in Davos, Switzerland.

The Meeting’s theme will be ‘Stakeholders for a Cohesive and Sustainable World.’ It will bring together 3,000 participants from around the world, and aim to give concrete meaning to “stakeholder capitalism,” assist governments and international institutions in tracking progress towards the Sustainable Development Goals, and facilitate discussions on technology and trade governance.

“People are revolting against the economic ‘elites’ they believe have betrayed them. And our efforts to keep global warming limited to 1.5°C are falling dangerously short,” said Professor Klaus Schwab, Founder and Executive Chairman at the World Economic Forum. “With the world at such critical crossroads, this year we must develop a ‘Davos Manifesto 2020’ to reimagine the purpose and scorecards for companies and governments. It is what for which we founded the World Economic Forum 50 years ago, and it is what we want to contribute to for the next 50 years.”

The Programme for the Annual Meeting will prioritize six key areas:

• Ecology: How to mobilize businesses to respond to the risks of climate change and ensure that measures to protect biodiversity reach forest floors and ocean beds.

• Economy: How to remove the long-term debt burden. And how to keep the economy working at a pace that allows higher inclusion.

• Technology: How to create a global consensus on deployment of Fourth Industrial Revolution technologies and avoid a ‘technology war.’

• Society: How to reskill and upskill, a billion people in the next decade.

• Geopolitics: How the ‘spirit of Davos’ can create bridges to resolve conflicts in global hotspots. Informal meetings to set kickstart conciliation.

• Industry: How to help businesses create the models necessary to drive enterprise in the Fourth Industrial Revolution. And how to navigate an enterprise in a world influenced by politics, driven by exponential technological changes, and increasing expectations from all stakeholders.

The Forum’s first Meeting in 1971 was established to further the idea put forward by Professor Klaus Schwab that business should serve all stakeholders - customers, employees, communities, as well as shareholders.

According to WEF, the 2020 Annual Meeting will be among the “most sustainable international summits ever held.”

“Awarded the IS0 20121 standard for sustainable events in 2018, the Annual Meeting is fully carbon neutral through reducing, calculating and offsetting event-related emissions”, WEF stated.

Meanwhile, Muriel Pénicaud, Minister of Labour of France, and Mark Schneider, Chief Executive Officer of Nestlé, Switzerland, will join the Board of Trustees of the World Economic Forum.

“The World Economic Forum, as the International Organization for Public-Private Cooperation, is delighted to welcome Muriel Pénicaud and Mark Schneider to its Board of Trustees. We look forward to working together to deliver positive, transformative solutions to our most critical global, regional and industry challenges,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.

As of 15 November 2019, the Members of the Board of Trustees of the World Economic Forum are:

|GlobalGiants.Com|


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Edited & Posted by Chief Editor | 4:24 AM | View the original post

October 13, 2019

"G20 Global Smart Cities Alliance on Technology Governance" Launched to Counter Growing Tensions

Global Smart City Alliance

Global Smart City Alliance

Photos: The G20 Global Smart Cities Alliance launch event in Yokohama, Japan. 11 October 2019.

Yokohama, Japan, 11 October 2019 - Fifteen of the world’s leading city networks and technology governance organizations announced today a new partnership. The “G20 Global Smart Cities Alliance on Technology Governance” will create global norms and policy standards for the use of connected devices in public spaces. It is the most significant and most ambitious undertaking to advance the responsible and ethical use of smart city technologies on a global level.

Smart city technologies can help decrease traffic congestion, combat crime, improve resilience during natural disasters, and reduce greenhouse emissions. Without proper governance, these technologies pose a significant risk, notably to privacy and security. The Global Smart Cities Alliance will develop, pilot, and collectively implement new global policy standards. It would ensure the safe and ethical use of data collected in public places.

“Our cities stand at a crossroads. Rapid urbanization threatens to paralyze local economies and undermine the quality of life,” said Jeff Merritt, Head of IoT, Robotics, and Smart Cities at the World Economic Forum. “Smart city technologies offer huge promise, but they can be a Pandora’s box. Today’s announcement is a critical first step to accelerate global best practices, mitigate risks, and foster greater openness and public trust regarding the collection of data in public spaces.”

Established in June 2019 in conjunction with the G20 Summit in Osaka, Japan, the Alliance comprises fifteen of the world’s leading city networks and technology governance organizations. The partners represent more than 200,000 cities and local governments, leading companies, start-ups, research institutions, and civil society organizations. The World Economic Forum serves as the secretariat.

“The advancement of smart cities and communities is critical to realizing Japan’s vision for Society 5.0. It is also essential to addressing the world’s most pressing challenges. These challenges include climate change and inclusive economic growth,” said Koichi Akaishi, Vice Minister for Science, Technology, and Innovation for the Cabinet Office of the Government of Japan. “The Government of Japan is proud to have championed this initiative as part of our G20 presidency. We hope that cities will pledge support for the Alliance and participate in its activities to cooperate and form shared global principles in the future.”

Working together with municipal, regional, and national governments, private-sector partners, and city residents, the Global Smart Cities Alliance, has committed to co-design and roll out a first-of-its-kind global policy framework on smart city technologies in advance of the 2020 G20 Summit in Riyadh, Saudi Arabia. The first policy design workshops with city leaders will take place in conjunction with the Smart City Expo World Congress in Barcelona, Spain, in November.

The Global Smart Cities Alliance’s founding set of institutional partners include:

|GlobalGiants.Com|


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Edited & Posted by Chief Editor | 4:16 PM | View the original post

October 9, 2019

World Economic Forum publishes Global Competitiveness Report 2019

World Economic Forum

Photo: Impressions at the Annual Meeting 2019 of the World Economic Forum in Davos, 19 January 2019. Image provided by & Copyright © World Economic Forum / Mattias Nutt. [File Photo]

Geneva, Switzerland, 9 October 2019 - Ten years on from the global financial crisis, the global economy remains locked in a cycle of low or flat productivity growth despite the injection of more than $10 trillion by central banks. While these unprecedented measures were successful in averting a deeper recession, they are not enough to catalyze the allocation of resources towards productivity-enhancing investments in the private and public sectors. The Global Competitiveness Report 2019, published today, points to the path forward.

The Report, launched in 1979, provides an annual assessment of the drivers of productivity and long-term economic growth. The World Economic Forum prepares the Report on the bases of the Global Competitiveness Index (GCI), which maps the competitiveness landscape of 141 economies through 103 indicators organized into 12 pillars. These pillars are Institutions; Infrastructure; ICT adoption; Macroeconomic stability; Health; Skills; Product market; Labour market; Financial system; Market size; Business dynamism; and Innovation capability. For each indicator, the index uses a scale from 0 to 100, and the final score shows how close an economy is to the ideal state or “frontier” of competitiveness.

With a score of 84.8 (+1.3), Singapore is the world’s most competitive economy in 2019. The United States remains the most competitive large economy in the world, coming in at a second place. Hong Kong SAR (3rd), Netherlands (4th), and Switzerland (5th) round up the top five. The average across the 141 economies covered is 61 points, almost 40 points to the frontier. This global competitiveness gap is of even more concern as the global economy faces the prospect of a downturn. The changing geopolitical context and rising trade tensions are fuelling uncertainty and could precipitate a slowdown. However, some of this year’s better performers in the GCI appear to be benefiting from the trade feud through trade diversion, including Singapore (1st) and Viet Nam (67th), the most improved country in this year’s index.

The report documents emerging areas of promising policies, reforms, and incentives to build more sustainable and inclusive economies. The Report recommends a transition to a greener economy and suggests four critical areas of action: engage in openness and international collaboration, update carbon taxes and subsidies, create incentives for R&D, and implement green public procurement.

The Report also recommends: increase equality of opportunity, encourage fair competition, update tax systems, modernize social protection measures, and foster competitiveness-enhancing investments.

The United States (2nd overall) is the leader in Europe and North America. The United States remains an innovation powerhouse, ranking 1st on the Business dynamism pillar and 2nd on Innovation capability. The Netherlands (4th), Switzerland (5th), Germany (7th), Sweden (8th), the United Kingdom (9th), and Denmark (10th) follow the USA. Among other large economies in the region, Canada is 14th, France 15th, Spain 23rd, and Italy 30th. The most improved country is Croatia (63rd).

In South Asia, India, in 68th position, loses ground in the rankings despite a relatively stable score, mostly due to faster improvements of several countries previously ranked lower. Sri Lanka (84th), Bangladesh (105th), Nepal (108th), and Pakistan (110th) follow India.

|GlobalGiants.Com|


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Edited & Posted by Chief Editor | 1:05 PM | View the original post

October 3, 2019

US-India Trade "Surging" Amid Torrid Times, Global Leaders Tell World Economic Forum's India Economic Summit 2019

World Economic Forum

Photo: Sania Mirza, Sportsperson and UN Women Goodwill Ambassador for South Asia, India; Cultural Leader, speaking during the Session “Opening Plenary” at the India Economic Summit 2019 in New Delhi, India. 03 October 2019. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

World Economic Forum

Photo: Smriti Zubin Irani, Minister of Women and Child Development, and Textiles, India, speaking during the Session “Inspiring LeadHers, Aspiring Outcomes” at the India Economic Summit 2019 in New Delhi, India. 03 October 2019. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

World Economic Forum

Photo: Sarah Zhang Jiachen, Founder and Chief Executive Officer, Guangzhishu, speaking during the Session “India’s Tech Leap” at the India Economic Summit 2019 in New Delhi, India. 03 October 2019. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

World Economic Forum

Photo: Devina Gupta, Anchor, BBC World News, India, speaking during the Session “India’s Tech Leap” at the India Economic Summit 2019 in New Delhi, India. 03 October 2019. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

World Economic Forum

Photo: Pritika Mehta, Global Shaper, Chandigarh Hub, India, speaking during the Session “India’s Tech Leap” at the India Economic Summit 2019 in New Delhi, India. 03 October 2019. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

World Economic Forum

Photo: Hindol Sengupta, Editor-at-Large, Fortune India; Young Global Leader, speaking during the Session “Depopularizing Populism” at the India Economic Summit 2019 in New Delhi, India. 03 October 2019. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

World Economic Forum

Photo: Suhasini Haidar, Diplomatic Editor, and Deputy Resident Editor, The Hindu, India, speaking during the Session “The Infrastructure Enigma” at the India Economic Summit 2019 in New Delhi, India. 03 October 2019. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

World Economic Forum

Photo: Vani Kola, Founder, and Managing Director, Kalaari Capital, India, speaking during the Session “Bigger, Faster, Better?” at the India Economic Summit 2019 in New Delhi, India. 03 October 2019. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

World Economic Forum

Photo: Amishi Parasrampuria, Global Shaper, Mumbai Hub, India, speaking during the Session “Maxing Out Consumption” at the India Economic Summit 2019 in New Delhi, India. 04 October 2019. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

World Economic Forum

Photo: Suvir Saran, Chef, and Author, India; Cultural Leader, speaking during the Session “Connecting Cultures” at the India Economic Summit 2019 in New Delhi, India. 04 October 2019. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

World Economic Forum

Photo: Subrahmanyam Jaishankar, Minister of External Affairs of India, speaking during the Session “An Insight, An Idea with Subrahmanyam Jaishankar” at the India Economic Summit 2019 in New Delhi, India. 04 October 2019. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

New Delhi, India, 03 October 2019 - Leaders from the world’s two largest and oldest democracies played down talk of “torrid times” over trade at the opening day of the 2019 India Economic Summit in Delhi. Instead, they noted that relations between the two nations are robust and on the up.

“The torrid times in our relations could also be a torrid love affair,” declared Piyush Goyal, Minister of Commerce and Industry and Minister of Railways of India, at the summit. “Relations between the Indian government and the US government, at our level and the people-to-people level, are better than ever before.”

Goyal noted that trade between India and the US is robust and growing. It is happening amid rising trade tensions between China and the United States and the ripple effect of that on the global economy.

Goyal said, in the last year, imports from the US to India have grown 30%, while exports from India to the US have increased by 20%.

Wilbur Ross, Secretary of Commerce of the United States, responded to the criticism that no trade deal resulted from a meeting in September between India and the US. Ross said he saw no reason why we could not reach one soon.

“Neither government said there would a trade deal in five minutes,” he noted. “I think that was just speculation. We do think there is no fundamental reason why there can’t be one pretty quickly.” “Now that the election is over, and Prime Minister Modi has a strong position in the parliament, it should be a lot easier to take decisive action,” he said.

The relationship between India and the US has the potential to be one of the greatest of the 21st century, but global leaders speaking at the summit acknowledged there would be challenges ahead. India has an important role to play in the geopolitics of the region, and that positioning will inevitably lead to a sensitive question as to how to develop its relationship with China.

“India will have to decide for themselves their relationship with China in a larger context. India and China are trading partners, they are neighbors, and they have a huge population,” said Sunil Bharti Mittal. Mittal is Chairman of Bharti Enterprises. “India will take this advice carefully, but a decision will have to be taken critically by India,” he said. “My view is they should be in play.”

With US companies being encouraged to shift manufacturing outside China, there is an opportunity for a fundamental recasting of global supply chains. Indian industry is ready to take on the challenge to increase its competitiveness, said Vikram Kirloskar. Kirloskar is President of the Confederation of Indian Industry (CII) and Vice-Chairman of Toyota Kirloskar Motor.

“Over the last 20 years, we have become part of the global supply chain. To a large extent, a lot of the automotive components we are exporting are fairly competitive now,” said Kirloskar. “I think we are ready to increase capacity more, and we need the domestic market to increase as well as exports. For us, regional cooperation is also crucial.”

The World Economic Forum’s 33rd India Economic Summit is taking place in New Delhi from 3-4 October under the theme “Innovating for India: Strengthening South Asia, Impacting the World.” The two-day meeting will convene more than 800 leaders from the government, the private sector, academia, and civil society. The aim is to accelerate the adoption of Fourth Industrial Revolution technologies throughout South Asia and make the most of the region’s distinctive demographic dividends.

|GlobalGiants.Com|


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Edited & Posted by Chief Editor | 12:25 PM | View the original post

August 10, 2019

The World Economic Forum will host the 2019 India Economic Summit in New Delhi from 3 to 4 October.

World Economic Forum

Photo: Dalian International Conference Centre before the start of the World Economic Forum - Annual Meeting of the New Champions in Dalian, People’s Republic of China 2019. Image provided by & Copyright © World Economic Forum / Greg Beadle. [File Photo]

World Economic Forum

Photo: Zhang Lu, Founding and Managing Partner, Fusion Fund, USA; Young Global Leader, captured during the Session “How China Shapes the Future of Finance” at the World Economic Forum - Annual Meeting of the New Champions in Dalian, People’s Republic of China, 1 July 2019. Image provided by & Copyright © World Economic Forum / Sikarin Fon Thanachaiary. [File Photo]

Geneva, Switzerland, 9 August 2019 - The World Economic Forum in collaboration with the Confederation of Indian Industry (CII) will host this year’s India Economic Summit in New Delhi from 3 to 4 October.

The World Economic Forum would conduct the summit under the theme “Innovating for India: Strengthening South Asia, Impacting the World.” The summit will build on its more than three decades of success and explore some of the critical issues facing the region.

Participants will discuss improving technology governance, developing infrastructure, ensuring job creation and skill development, advancing environmental sustainability, and ensuring equitable and inclusive growth for all.

The India Economic Summit will welcome over 800 participants from business, politics, academia, civil society, international organizations, arts and culture, media and members of the Forum’s communities, including Social Entrepreneurs, Global Shapers and Young Global Leaders.

The summit will address strategic issues of regional significance under four thematic pillars:

The International Affairs Reality - Geopolitical shifts and the complexity of our global system

The New Social System - Inequality, inclusive growth, health and nutrition

The New Ecological System - Environment, pollution, and climate change

The New Technological System - The Fourth Industrial Revolution, science, and innovation and entrepreneurship

“This year marks 35 years of our engagement in India,” said Viraj Mehta, World Economic Forum’s Head of Regional Agenda, India and South Asia.

Mr. Mehta disclosed that the summit would hear the government’s vision of making India a $5 trillion economy. The summit will also focus on South Asia and ASEAN. It would discuss how the two regions can enhance economic collaboration and bring the global best practices to the area.

Source: World Economic Forum

|GlobalGiants.Com|


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Edited & Posted by Chief Editor | 9:44 AM | View the original post

June 18, 2019

United Nations and the World Economic Forum Sign Strategic Partnership Framework

United Nations, World Economic Forum

Photo: Borge Brende, President of the World Economic Forum, signs the Memorandum of Understanding between the United Nations and the World Economic Forum on the Strategic Partnership Framework for the 2030 Agenda. 13 June 2019. United Nations, New York. UN Photo/Manuel Elias.

United Nations, World Economic Forum

Photo: Preparing for a live reporting from the Annual Meeting 2019 of the World Economic Forum in Davos, 22 January 2019. Image provided by & copyright © World Economic Forum / Valeriano Di Domenico. [File Photo]

United Nations, World Economic Forum

Photo: Jair Bolsonaro, President of Brazil, speaking at the Annual Meeting 2019 of the World Economic Forum in Davos, 22 January 2019. Image provided by & copyright © World Economic Forum / Walter Duerst. [File Photo]

United Nations, World Economic Forum,

Photo: Hanzade Dogan Boyner, Chairwoman, Hepsiburada, Turkey, speaking at the Annual Meeting 2019 of the World Economic Forum in Davos, 22 January 2019. Image provided by & copyright © World Economic Forum / Christian Clavadetscher. [File Photo]

New York, USA, 18 June 2019 - The World Economic Forum and the United Nations have just signed a Strategic Partnership Framework outlining areas of cooperation to deepen institutional engagement and jointly accelerate the implementation of the 2030 Agenda for Sustainable Development. The Framework was drafted based on a mapping of the existing collaboration between the two institutions. It would enable a more strategic and coordinated approach towards delivering impact.

The UN-Forum Partnership was signed in a meeting held at United Nations headquarters between UN Secretary-General António Guterres and World Economic Founder and Executive Chairman Klaus Schwab.

“Meeting the Sustainable Development Goals is essential for the future of humanity. The World Economic Forum is committed to supporting this effort, and working with the United Nations to build a more prosperous and equitable future,” said Schwab.

“The new Strategic Partnership Framework between the United Nations and the World Economic Forum has great potential to advance our efforts on critical global challenges and opportunities, from climate change, health and education to gender equality, digital cooperation and financing for sustainable development. Rooted in UN norms and values, the Framework underscores the invaluable role of the private sector in this work - and points the way toward action to generate shared prosperity on a healthy planet while leaving no one behind,” said Guterres.

The Strategic Partnership Framework will focus on the following areas:

Financing the 2030 Agenda - Mobilize systems and accelerate finance flows toward the 2030 Agenda and the UN Sustainable Development Goals, taking forward solutions to increase long-term SDG investments.

Climate Change - Achieve clear, measurable, and public commitments from the private sector to reach carbon neutrality by 2050. Help create public-private platforms in critical high-emitting areas and scale up the services required to adapt to the impacts of climate change.

Health - Support countries achieve good health and well-being for all, within the context of the 2030 Agenda, focusing on significant emerging global health threats that require stronger multistakeholder partnership and action.

Digital Cooperation - Meet the needs of the Fourth Industrial Revolution while seeking to advance global analysis, dialogue, and standards for digital governance and digital inclusiveness.

Gender Equality and the Empowerment of Women - Foster partnerships and coalitions at all levels for full participation and equal opportunities of women . Promote equal pay to women for work of fair value across sectors and occupations as well as within them.

Education and Skills - Promote public-private partnerships to address global reskilling and lifelong learning for the future requirements for work, and empower youth with competencies for life and decent work.

The leadership across the United Nations will engage in and utilize the different platforms provided by the World Economic Forum to advance impact in the above areas. Both institutions will annually review the partnership to streamline collaboration further, take stock of results, and identify additional areas to invest in efforts jointly.

Source: World Economic Forum

|GlobalGiants.Com|


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Edited & Posted by Chief Editor | 1:51 PM | View the original post

January 25, 2019

UN Secretary-General: Fragmented Response to Global Risk a ‘Recipe For Disaster’

World Economic Forum

Photo: Impressions from the Annual Meeting 2019 of the World Economic Forum in Davos, January 22, 2019. Image provided by & copyright © World Economic Forum / Sandra Blaser.

World Economic Forum

Photo: Antonio Guterres, Secretary-General, United Nations, New York, captured during the Session “Special Address by António Guterres, Secretary-General of the United Nations” at the Annual Meeting 2019 of the World Economic Forum in Davos, January 24, 2019. Congress Centre - Congress Hall. Image provided by & copyright © World Economic Forum / Sikarin Fon Thanachaiary.

World Economic Forum

Photo: A participant at the Annual Meeting 2019 of the World Economic Forum in Davos, January 21, 2019. Image provided by & copyright © World Economic Forum / Boris Baldinger.

Davos-Klosters, Switzerland, 24 January 2019. — “If I have to select one sentence to describe the state of the world, I would say we are in a world in which global challenges are more integrated, and the responses are more and more fragmented. If these are not reversed, it is a recipe for disaster,” warned UN Secretary-General António Guterres in his address at the World Economic Forum Annual Meeting today.

Outlining the current risk landscape, one characterized by the megatrends of climate change, migration, digitalization, and protracted conflict, the UN Secretary-General identified climate change as the most critical systemic threat soon and one, he said, “we are losing the race on.”

“Climate change is running faster than we are and we have this paradox,” Guterres observed, “The reality is proving to be worse than what scientists foresaw, and all the large indicators show that, and we are moving dramatically into runaway climate change if we are not able to stop it.”

Pointing to growing complexity in the international community and global trade, Guterres argued that, geopolitically, the world is in a state of turbulent flux. “We no longer live in a bipolar or unipolar world, but we are not yet in a multipolar world; we are in a kind of chaotic situation of transition,” he told political, and business leaders gathered in Davos. “The relationship between the three most important powers, Russia, the US and China, has never been as dysfunctional as it is today and this is true for the economy, and also true in the paralysis of the UN Security Council.”

To address the complexity and interconnectedness of the myriad risks ahead, the real frustrations of the “rust belts of the world” and a trend of “illiberal democracies,” the UN head advocated only one approach. “I am a multilateralist; I am deeply convinced there is no other way to deal with global problems but with global responses. It is also not enough to vilify those that disagree and call them nationalists or populists,” he stressed: “We need to understand the root causes of why large sectors of the population in different parts of the world today disagree with us - and we need to address those root causes and show these people that we care for them.”

Tackling global crises - from combating climate change to developing a set of rules on the “weaponization of AI” - cannot be achieved by any one country, but should be addressed collectively by governments, the private sector, civil society, and academia urged Guterres.

Representing an organization of 100 million people, operating in 40 countries and mobilizing some $15 billion, Guterres said that, in 2019, the UN will be pushing for a surge in diplomacy for peace in some of the world’s hotspots - including Yemen, Syria and South Sudan - and higher spending on mitigating climate change. As part of bureaucratic reform, he added that the UN expects to achieve internal gender parity by 2028.

Turning to the disruptive and transformative impacts of the Fourth Industrial Revolution, Guterres suggested engaging more financial institutions to invest in developing countries and promote social and green bonds, dealing with the massive restructuring of the labor force and redesigning our education systems.

“We need to mobilize governments, the business community and civil society to understand what kind of impact the Fourth Industrial Revolution is going to have in the next decade and what kind of measures can we start taking, such as in education,” he mused. “It doesn’t matter how many things you learn but how you learn to learn because you will be doing many different things.”

The World Economic Forum Annual Meeting brings together more than 3,000 global leaders from politics, government, civil society, academia, the arts, and culture as well as the media. It engages some 50 heads of state and government, more than 300 ministerial-level government participants, and business representation at the chief executive officer and chair level. Convening under the theme, Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution, participants are focusing on new models for building sustainable and inclusive societies in a plurilateral world.

Source: World Economic Forum

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Edited & Posted by Chief Editor | 8:05 AM | View the original post

January 22, 2019

Nobel Peace Prize Laureate Kailash Satyarthi and Jane Goodall at Open Forum in Davos

World Economic Forum

Photo: The Forums Logo is seen in this Picture taken at the Annual Meeting 2019 of the World Economic Forum in Davos, January 20, 2019. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

World Economic Forum

Photo: Impressions from the Annual Meeting 2019 of the World Economic Forum in Davos, January 20, 2019. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

Davos-Klosters, Switzerland, 21 January 2019 - Sessions on escaping extinction and tackling plastic pollution plus the Nobel Peace Prize Laureate Kailash Satyarthi’s special screening of the documentary, The Price of Free, which portrays the rescue of 80,000 child factory workers in India, are among the events open to the public, on a first come, first served basis at the Open Forum Davos 2019.

Fareed Zakaria, the host of CNN’s Fareed Zakaria GPS, will be joined in conversation with Jane Goodall during which they will discuss her life’s journey through the world’s last forests and her work with great apes, humanity’s closest relatives.

The extreme swimmer from Davos, Ernst Bromeis, will discuss his journeys across the waters of Europe and what it takes to protect our planet’s most important resource. There will also be an exceptional performance and dialogue with a quartet of the Sphinx Virtuosi chamber orchestra, which comprises some of the most talented young African-American and Latino soloists in the United States, highlighting how increasing diversity in classical music benefits everyone.

The Open Forum Davos, now in its 17th year and with a fresh new look, will open its doors to the public from 22 to 25 January in Davos, Switzerland. Leading personalities from business, government, academia, and civil society, as well as young people, will discuss and interact with the Swiss public on critical - and, at times, controversial - subjects, opening a unique window onto the most challenging debates of our time.

Panelists at this year’s Open Forum Davos comprise public figures, chief executive officers, representatives from civil society, experts and academics from Switzerland and around the world, including:

· Jane Goodall, Founder, Jane Goodall Institute

· Peter Thomson, United Nations Secretary-General’s Special Envoy for the Ocean, New York

· Marco Lambertini, Director-General, WWF International

· Denis Mukwege, Founder, Panzi Hospital and Foundation

· Hindou Oumarou Ibrahim, President, Association for Indigenous Women and Peoples of Chad

· Kailash Satyarthi, Founder, Kailash Satyarthi Children’s Foundation

· Pascale Baeriswyl, State Secretary for Foreign Affairs of Switzerland

· Heather Koldewey, Fellow, National Geographic Society

· Ernst Bromeis, Water Ambassador, The Blue Miracle

· Marietje Schaake, Member of the European Parliament, European Union

· Roger Köppel, Member of the National Council, Swiss Parliament

· Ricken Patel, Founder and Chief Executive Officer, Avaaz.org

· Rachel Haas, Managing Director, NO MORE

· Martina Hirayama, State Secretary for Education and Research and Innovation of Switzerland

· Sarah bint Yousif Al Amiri, Minister of State for Advanced Sciences of the United Arab Emirates

· Laurie Santos, Professor of Psychology; Head, Silliman College, Yale University

· Karan Johar, Head, Dharma Productions, Mumbai

· Cristiana Pasca Palmer, Executive Secretary, Convention on Biological Diversity

· Jeremy Farrar, Director, Wellcome Trust

Open Forum Programme

Tuesday 22 January

09.00 - 10.00 Water for Life

12.30 - 14.00 Plastic Pollution: An End in Sight?

18.30 - 20.00 Averting “Peak Europe”

Wednesday 23 January

09.00 - 10.30 Escaping Extinction

13.00 - 14.00 An Insight, An Idea with Jane Goodall

18.30 - 20.00 Violence against Women

Thursday 24 January

09:00 - 10:00 An Encounter with the Sphinx Virtuosi

12.30 - 14.00 Loneliness: An Epidemic?

18.30 - 20.00 The Price of Free

Friday 25 January

09.00 - 10.30 Bridging Science with Society

The Open Forum will be held at the Swiss Alpine Mittelschule, Guggerbachstrasse 3, Davos Platz, Switzerland.

Source: World Economic Forum

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Edited & Posted by Chief Editor | 2:14 AM | View the original post

January 23, 2018

Pope Tells Participants Human-Centric Economy Is ‘A Moral Imperative’ as 48th World Economic Forum Annual Meeting Gets Underway in Davos, Switzerland

World Economic Forum

Photo: Cate Blanchett, Goodwill Ambassador, United Nations High Commissioner for Refugees (UNHCR), London, and Shah Rukh Khan, Actor, Red Chillies Entertainment, India, after the “The 24th Annual Crystal Awards Ceremony” at the Annual Meeting 2018 of the World Economic Forum in Davos, Switzerland, January 22, 2018. Image provided by & copyright © World Economic Forum / Benedikt von Loebell.

World Economic Forum

Photo: Narendra Modi, Prime Minister of India, speaking during the Opening Plenary at the Annual Meeting 2018 of the World Economic Forum in Davos, Switzerland, January 23, 2018. Image provided by & copyright © World Economic Forum / Manuel Lopez.

World Economic Forum

Photo: Hao Jingfang, Writer, China Development Research Foundation, People’s Republic of China, captured during the Session “The Power of Economic Narratives” at the Annual Meeting 2018 of the World Economic Forum in Davos, Switzerland, January 23, 2018. Image provided by & copyright © World Economic Forum / Sikarin Thanachaiary.

World Economic Forum

Photo: Dina Katabi, Andrew and Erna Viterbi Professor of Electrical Engineering and Computer Science, Massachusetts Institute of Technology (MIT), USA, speaking during the Session “Intelligent Cyber-Physical Systems for Health with Massachusetts Institute of Technology” at the Annual Meeting 2018 of the World Economic Forum in Davos, January 25, 2018. Image provided by & copyright © World Economic Forum / Greg Beadle.

World Economic Forum

Photo: Hanzade Dogan Boyner, Chairwoman, Hepsiburada, Turkey, speaking during the Session: Online Consumer Marketplaces, at the Annual Meeting 2018 of the World Economic Forum in Davos, January 25, 2018. Image provided by & copyright © World Economic Forum / Walter Duerst.

Geneva, Switzerland, 23 January 2018 - His Holiness Pope Francis helped open the 48th World Economic Forum Annual Meeting with a special message, passionately calling on participants to overcome fragmentation between states and institutions and work together to facilitate more inclusive approaches in an increasingly globalized world.

In a speech delivered by Cardinal Peter Kodwo Appiah Turkson, Prefect of the Dicastery for Promoting Integral Human Development, Pope Francis said: “It is vital to safeguard the dignity of the human person, in particular by offering to all people real opportunities for integral human development and by implementing economic policies that favour the family.”

Echoing the theme of the meeting, Creating a Shared Future in a Fractured World, the Pope said, “The entrepreneurial world has enormous potential to effect substantial change by increasing the quality of productivity, creating new jobs, respecting labour laws, fighting against … corruption and promoting social justice.” He continued, “If we want a more secure future, one that encourages the prosperity of all, then it is necessary to keep the compass continually oriented towards ‘true north’,” represented by authentic values.

The World Economic Forum’s 48th Annual Meeting opens today in Davos-Klosters, Switzerland. More than 3,000 leaders from around the world are gathering in a collaborative effort to shape the global, regional and industry agendas, with a commitment to improve the state of the world. The meeting brings together governments, international organizations, business, civil society, cultural leaders, media, experts and the young generation, at the highest level and in representative ways.

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Edited & Posted by Chief Editor | 7:56 AM | View the original post

January 20, 2017

Preparing for Fourth Industrial Revolution Requires Deeper Commitments to Education

World Economic Forum

World Economic Forum

Photos: World Economic Forum Annual Meeting 2017, Davos, Switzerland. Images provided by & Copyright © World Economic Forum / Faruk Pinjo / Valeriano Di Domenico.

World Economic Forum

Photo: Interaction during the session: Davos Insights: Strengthening Systems for Global Collaboration, at the Annual Meeting 2017 of the World Economic Forum in Davos, Switzerland, January 20, 2017. Image provided by & copyright © World Economic Forum / Greg Beadle.

World Economic Forum

Photo: The New Lead Characters. Karan Johar, Head, Dharma Productions, India, at the Annual Meeting 2017 of the World Economic Forum in Davos, January 17, 2017. Image provided by & copyright © World Economic Forum / Jakob Polacsek.

World Economic Forum

Photo: Ask About: The Psychology of Populism. Molly Crockett, Associate Professor of Experimental Psychology, University of Oxford, United Kingdom, at the Annual Meeting 2017 of the World Economic Forum in Davos, January 17, 2017. Image provided by & copyright © World Economic Forum / Sikarin Thanachaiary.

World Economic Forum

Photo: Preparing for the Fourth Industrial Revolution. Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries, India, “Preparing for the Fourth Industrial Revolution” Session at the World Economic Forum in Davos, January 17, 2017. Image provided by & copyright © World Economic Forum / Valeriano Di Domenico.

Davos-Klosters, Switzerland - January 20, 2017 — The accelerating pace of change driven by emerging technologies threatens to create wider income and opportunity gaps, warned business and technology leaders in a session on preparing for the Fourth Industrial Revolution on the opening day of the World Economic Forum Annual Meeting. “We are at a point where it is possible that technological development can accelerate and increase digital refugees,” warned Marc R. Benioff, Chairman and Chief Executive Officer of Salesforce in the US. Added Vishal Sikka, Chief Executive Officer of Infosys in the US: “We have to put in an extra effort so that we don’t create a bigger society of have-nots. That means a deep commitment to education and to addressing the displacements.”

The key to preparing for the Fourth Industrial Revolution lies in the technologies themselves, argued Mukesh D. Ambani, Chairman and Managing Director of Reliance Industries in India. “These technologies really are all-inclusive and will benefit all. In a sense they are great equalizers.” The rapid growth of e-commerce and digital cash in India is an example, he observed. “And the fastest way to transmit education in a big country like India is through technology.” Making these technologies inclusive will require designing them so that they benefit everybody and not just a few, Sikka said. “That requires empathy. I’ve always wondered why every company isn’t a technology company.”

Focusing on education and promoting innovation are not new solutions to the challenges of inequality and marginalization. “Education and entrepreneurship are the answers,” Sikka stressed. “We just haven’t been doing enough of it.” And what is required are fresh approaches or new models shaped through debate and collaboration among all stakeholders, Benioff said. He proposed that CEOs each adopt a public school. For initiatives to be effective will require building trust and articulating a vision, explained Mary Barra, Chairman and Chief Executive Officer of the General Motors Company in the US. “You need to be incredibly transparent for people to have trust.”

To prepare for the disruptions of the Fourth Industrial Revolution, leaders will require radar to pick up on displacement and discontent and a compass to set the values and vision needed to succeed, Ngaire Woods, Dean of the Blavatnik School of Government at the University of Oxford in the UK, told participants. To weather the challenges will require more collaboration among countries, said Shu Yinbiao, Chairman of the State Grid Corporation of China. “Globalization is inevitable and is good for the development of the global economy. We will need more international cooperation.”

The 47th World Economic Forum Annual Meeting is taking place on 17-20 January in Davos-Klosters, Switzerland, under the theme Responsive and Responsible Leadership. More than 3,000 participants from nearly 100 countries are participating in over 400 sessions.

The Co-Chairs taking a principal role in shaping the discussion at the meeting are:

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Edited & Posted by Chief Editor | 1:33 PM | View the original post

January 23, 2016

World Economic Forum Announces New Board of Trustees

World Economic Forum

Photo: The WEF Logo is seen in the congress centre during the Annual Meeting 2016 of the World Economic Forum in Davos, Switzerland, January 20, 2016. Image provided by & copyright © World Economic Forum. Photographer: Michael Buholzer.

World Economic Forum

Photo: Congress Centre before the Opening of the Annual Meeting 2016 of the World Economic Forum in Davos, Switzerland, January 14, 2016. Image provided by & copyright © World Economic Forum. Photographer: Andy Mettler.

World Economic Forum

Photo: Raghuram G. Rajan, Governor of the Reserve Bank of India, speaks during the televised session ‘The Growth Illusion’ at the Annual Meeting 2016 of the World Economic Forum in Davos, Switzerland, January 20, 2016. Image provided by & copyright © World Economic Forum. Photographer: Monika Flueckiger.

World Economic Forum

Photo: Saadia Zahidi, Head of Employment and Gender Initiatives, Member of the Executive Committee, World Economic Forum, is captured during the session ‘The Gender Impact of the Fourth Industrial Revolution’ at the Annual Meeting 2016 of the World Economic Forum in Davos, Switzerland, January 21, 2016. Image provided by & copyright © World Economic Forum. Photographer: Jolanda Flubacher.

World Economic Forum

Photo: Arianna Huffington, President and Editor-in-Chief, Huffington Post Media Group, USA, speaking at the Annual Meeting 2016 of the World Economic Forum in Davos, January 20, 2016. Image provided by & copyright © World Economic Forum. Photographer: Benedikt von Loebell.

World Economic Forum

Photo: H.M. Queen Maxima of the Netherlands, United Nations Secretary-General’s Special Advocate for Inclusive Finance, is captured during the session ‘Fostering Financial Inclusion’ at the Annual Meeting 2016 of the World Economic Forum in Davos, Switzerland, January 22, 2016. Image provided by & copyright © World Economic Forum. Photographer: Michael Buholzer.

World Economic Forum

Photo: A musician is captured during the open forum workshop ‘Making Music across Borders with Yo-Yo Ma’ during the Annual Meeting 2016 of the World Economic Forum in Davos, Switzerland, January 20, 2016. Image provided by & copyright © World Economic Forum. Photographer: Monika Flueckiger.

Davos-Klosters, Switzerland, 23 January 2016 - The Board of Trustees of the World Economic Forum yesterday elected Jim Yong Kim, President, The World Bank, Washington DC; and Marc R. Benioff, Chairman and Chief Executive Officer, Salesforce, USA, as its new members.

As of 22 January 2016, the Members of the Board of Trustees of the World Economic Forum are:

Over 2,500 leaders from business, government, international organizations, civil society, academia, media and the arts are participating in the 46th World Economic Forum Annual Meeting in Davos-Klosters, Switzerland, on 20-23 January, 2016.

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Edited & Posted by Chief Editor | 1:22 PM | View the original post


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