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==Activities== ===Annual meeting in Davos=== [[File:Ettinger Sport during WEF2018.jpg|thumb|A sports shop has turned into a temporary informal reception location "Caspian Week", WEF 2018.]] The flagship event of the World Economic Forum is the invitation-only annual meeting held at the end of January in Davos, Switzerland, bringing together chief executive officers from its 1,000 member companies, as well as selected politicians, representatives from [[academia]], [[NGOs]], religious leaders, and the media in an [[Swiss Alps|alpine]] environment. The winter discussions ostensibly focus around key issues of global concern (such as the [[globalization]], capital markets, wealth management, international conflicts, environmental problems and their possible solutions).<ref name=pigman1 /><ref>[http://news.bbc.co.uk/2/hi/business/7830834.stm "Q&A: World Economic Forum 2009"] ''[[BBC News]]''. accessed 25 January 2011 {{webarchive |url=https://web.archive.org/web/20160923021241/http://news.bbc.co.uk/2/hi/business/7830834.stm |date=23 September 2016}}</ref> The participants also take part in role playing events, such as the Investment Heat Map.<ref>{{cite news|url=https://www.bbc.co.uk/news/business-21197174 |title=Davos Man eyes investment opportunities |access-date=23 February 2015 |url-status=live |archive-url=https://web.archive.org/web/20160104193156/http://www.bbc.co.uk/news/business-21197174 |archive-date=4 January 2016 |work=BBC News |date=26 January 2013 |last=Madslien |first=Jorn}}</ref> Informal winter meetings may have led to as many ideas and solutions as the official sessions.<ref>Weber, Tim (26 January 2010). [http://news.bbc.co.uk/2/hi/business/7201300.stm "A Beginners' Guide to Davos"] {{webarchive |url=https://web.archive.org/web/20160923022240/http://news.bbc.co.uk/2/hi/business/7201300.stm |date=23 September 2016}} ''[[BBC News]]''. accessed 25 January 2011.</ref> At the 2018 annual meeting, more than 3,000 participants from nearly 110 countries participated in over 400 sessions. Participation included more than 340 public figures, including more than 70 heads of state and government and 45 heads of international organizations; 230 media representatives and almost 40 cultural leaders were represented.<ref>{{Cite web|url=https://www.weforum.org/press/2018/01/forum-closes-with-call-to-action-globalize-compassion-and-leave-no-one-behind|title=Forum Closes with Call to Action: Globalize Compassion and Leave No One Behind|date=26 January 2018|access-date=16 October 2018|archive-date=16 October 2018|archive-url=https://web.archive.org/web/20181016203258/https://www.weforum.org/press/2018/01/forum-closes-with-call-to-action-globalize-compassion-and-leave-no-one-behind|url-status=live}}</ref> [[File:Flickr - World Economic Forum - Media Centre - World Economic Forum Annual Meeting Davos 2007.jpg|thumb|Inside the Media Centre, 2007.]] As many as 500 journalists from online, print, radio, and television take part, with access to all sessions in the official program, some of which are also [[webcast]].<ref>{{cite web |url=http://www.weforum.org/en/events/ArchivedEvents/AnnualMeeting2008/ |title=Forum's homepage |publisher=Weforum.org |access-date=7 March 2010}}{{dead link|date=September 2017 |bot=InternetArchiveBot |fix-attempted=yes}}</ref> Not all the journalists are given access to all areas, however. This is reserved for white badge holders. "Davos runs an almost caste-like system of badges", according to BBC journalist Anthony Reuben. "A white badge means you're one of the delegates β you might be the chief executive of a company or the leader of a country (although that would also get you a little holographic sticker to add to your badge), or a senior journalist. An orange badge means you're just a run-of-the-mill working journalist."<ref>{{cite news|url=https://www.bbc.co.uk/news/business-21197175 |title=My first Davos β what I learned |access-date=8 June 2015 |url-status=live |archive-url=https://web.archive.org/web/20160104193156/http://www.bbc.co.uk/news/business-21197175 |archive-date=4 January 2016 |work=BBC News |date=27 January 2013 |last=Reuben |first=Anthony}} My first Davos β what I learned</ref> All [[Plenary session|plenary]] debates from the annual meeting also are available on YouTube<ref>{{cite web |url=https://www.youtube.com/user/WorldEconomicForum |title=Kanaal van WorldEconomicForum |publisher=YouTube |date=31 January 2010 |access-date=7 March 2010 |archive-date=25 February 2011 |archive-url=https://web.archive.org/web/20110225014719/http://www.youtube.com/user/WorldEconomicForum |url-status=live }}</ref> while photographs are available on [[Flickr]].<ref>{{cite web |url=https://www.flickr.com/photos/worldeconomicforum |title=World Economic Forum's Photostream |publisher=[[Flickr]] |access-date=7 March 2010 |archive-date=29 March 2010 |archive-url=https://web.archive.org/web/20100329072907/http://www.flickr.com/photos/worldeconomicforum/ |url-status=live }}</ref><ref>{{cite web |url=https://www.weforum.org/events/world-economic-forum-annual-meeting-2018/ |title=48th World Economic Forum Annual Meeting |publisher=World Economic Forum |access-date=22 January 2018 |archive-date=23 January 2018 |archive-url=https://web.archive.org/web/20180123010157/https://www.weforum.org/events/world-economic-forum-annual-meeting-2018 |url-status=live }}</ref> ==== World Economic Forum 2025 (Davos) ==== The World Economic Forum 2025 took place in [[Davos]], [[Switzerland]], from January 20 to 24, under the theme '''Collaboration for the Intelligent Age'''.<ref>{{Cite web |date=2025-01-20 |title=Davos 2025: What to expect at this year's World Economic Forum |url=https://www.euronews.com/business/2025/01/20/davos-2025-what-to-expect-at-this-years-world-economic-forum |access-date=2025-02-14 |website=euronews |language=en}}</ref><ref>{{Cite news |title=World Economic Forum Davos meet begins with award for David Beckham, concert on Antarctica |url=https://www.telegraphindia.com/business/world-economic-forum-davos-meet-begins-with-award-for-david-beckham-concert-on-antarctica/cid/2078695 |archive-url=http://web.archive.org/web/20250124065213/https://www.telegraphindia.com/business/world-economic-forum-davos-meet-begins-with-award-for-david-beckham-concert-on-antarctica/cid/2078695 |archive-date=2025-01-24 |access-date=2025-02-14 |language=en}}</ref> The event brought together approximately 3,000 global leaders from over 125 countries, including 350 Heads of state and government, business executives, policymakers, and representatives from international organizations.<ref>{{Cite web |last=|date=2024-01-09 |title=Rebuilding Trust: World Economic Forum Annual Meeting 2024 |url=https://moderndiplomacy.eu/2024/01/09/rebuilding-trust-world-economic-forum-annual-meeting-2024/ |access-date=2025-02-14 |website=moderndiplomacy.eu |language=en-US}}</ref> Discussions focused on [[Geopolitics|geopolitical stability]], economic resilience, [[climate change]],<ref>{{Cite news |last=Gelles |first=David |date=2025-01-21 |title=Leaders at Davos Economic Forum Vow to βStay the Courseβ on Climate Action |url=https://www.nytimes.com/2025/01/21/business/trump-climate-davos.html |access-date=2025-02-14 |work=The New York Times |language=en-US |issn=0362-4331}}</ref> [[artificial intelligence]] governance, and inclusive economic growth. Sessions covered topics such as the future of [[global trade]], [[energy transition]], and the impact of artificial intelligence and [[automation]] on the labor market. Several initiatives were introduced, including policy frameworks for AI regulation, [[Climate finance|climate financing]] mechanisms, and economic strategies for sustainable development.<ref>{{Cite web |last=www.ETHRWorld.com |title=Davos 2024: Key insights on navigating global business challenges - ETHRWorldEMEA |url=https://hrme.economictimes.indiatimes.com/news/industry/davos-2024-key-insights-on-navigating-global-business-challenges/107066898 |access-date=2025-02-14 |website=ETHRWorld.com |language=en}}</ref><ref>{{Cite web |last=Jacobs |first=Sam |date=2025-01-16 |title=WEF President on Planning for a βGeopolitical Recession' |url=https://time.com/7204642/wef-president-borge-brende-davos-2025/ |access-date=2025-02-14 |website=TIME |language=en}}</ref> Among the initiatives discussed was the Global India Dialogues, launched by the [[Motwani Jadeja Foundation]], which focused on [[India]]βs role in global geopolitics, technology, and innovation.<ref>{{Cite web |date=2025-02-11 |title=Motwani Jadeja Foundation Facilitates Participation Of 10 Indian Innovators And Changemakers At Davos |url=https://www.etnownews.com/markets/motwani-jadeja-foundation-facilitates-participation-of-10-indian-innovators-and-changemakers-at-davos-article-118127361 |access-date=2025-02-14 |website=ET Now |language=en}}</ref><ref>{{Cite web |title=World Economic Forum 2024: Global Insights & India's Impact |url=https://www.investindia.gov.in/blogs/world-economic-forum-2024-global-insights-indias-impact |access-date=2025-02-14 |website=www.investindia.gov.in |language=en}}</ref> Discussions on [[Gender equality|gender equity]]<ref>{{Cite news |last=Banerjee |first=Chandrajit |date=2024-02-12 |title=A global alliance to bridge the gender equity gap |url=https://www.thehindu.com/opinion/op-ed/a-global-alliance-to-bridge-the-gender-equity-gap/article67838843.ece |access-date=2025-02-14 |work=The Hindu |language=en-IN |issn=0971-751X}}</ref> and economic inclusion were also highlighted through initiatives such as the '''Global Good Alliance for Gender Equity and Equality''', which explored the economic impact of investments in [[women's health]].<ref>{{Cite web |last=PR |first=ANI |date=2025-01-27 |title=Smriti Irani Leads a Transformative Gender Equity Agenda at Davos 2025 |url=https://theprint.in/ani-press-releases/smriti-irani-leads-a-transformative-gender-equity-agenda-at-davos-2025/2465403/ |access-date=2025-02-14 |website=ThePrint |language=en-US}}</ref><ref>{{Cite web |date=2025-02-14 |title=Women Inspiring Network (WIN) leads global dialogues at Davos 2025 during the World Economic Forum Week |url=https://www.businesstoday.in/wef-2025/story/women-inspiring-network-win-leads-global-dialogues-at-davos-2025-during-the-world-economic-forum-week-464735-2025-02-14 |access-date=2025-02-14 |website=Business Today |language=en}}</ref> The event featured key figures such as [[Ursula von der Leyen]], [[Antony Blinken]],<ref>{{Cite web |date=2024-01-17 |title=Gaza scenes are 'gutwrenching': US Secretary of State Antony Blinken at Davos |url=https://www.indiatoday.in/world/story/us-secretary-of-state-antony-blinken-gaza-israel-hamas-palestine-davos-world-economic-forum-2489954-2024-01-17 |access-date=2025-02-14 |website=India Today |language=en}}</ref> [[Christian Lindner]],<ref>{{Cite news |last=Arnold |first=Martin |date=2024-01-19 |title=Germany is the βtired manβ of Europe, says finance minister |url=https://www.ft.com/content/f6eb32e6-dd1d-4532-af2a-583b26597b99 |access-date=2025-02-14 |work=Financial Times}}</ref> and [[Sam Altman]],<ref>{{Cite web |last=www.ETCIO.com |title=OpenAI CEO Sam Altman unveils vision for AI's impact on economy and society at WEF Davos - ET CIO |url=https://cio.economictimes.indiatimes.com/news/artificial-intelligence/openai-ceo-sam-altman-unveils-vision-for-ais-impact-on-economy-and-society-at-wef-davos/107000167 |access-date=2025-02-14 |website=ETCIO.com |language=en}}</ref> alongside representatives from the [[United Nations]],<ref>{{Cite web |date=2025-01-22 |title=Davos 2025: Trade, tariffs, AI and UN chief Guterres dominate World Economic Forum agenda |url=https://apnews.com/article/davos-wef-2025-trump-malaysia-spain-guterres-6559cde70a829d67c1335f1025758efd |access-date=2025-02-14 |website=AP News |language=en}}</ref> [[International Monetary Fund]], and [[World Bank]].<ref>{{Cite web |last=Loffhagen |first=Emma |date=2024-01-15 |title=Davos 2024: What is it, who is attending, and is it elitist? |url=https://www.standard.co.uk/news/world/what-is-davos-2024-world-economic-forum-politicians-billionaires-criticism-b1053239.html |access-date=2025-02-14 |website=The Standard |language=en}}</ref> The forum underscored the importance of international cooperation in addressing global economic and technological challenges.<ref>{{Cite web |title=Davos 2025: CEOs are excited to go on offense {{!}} McKinsey |url=https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/davos-2025-ceos-are-excited-to-go-on-offense |access-date=2025-02-14 |website=www.mckinsey.com}}</ref><ref>{{Cite web |date=2025-01-24 |title=Leaders leave Davos with 'cautious optimism' - 24 Jan 2025 |url=https://www.bbc.com/reel/video/p0klx2d9/leaders-leave-davos-with-cautious-optimism-24-jan-2025 |access-date=2025-02-14 |website=www.bbc.com |language=en-GB}}</ref> {| class="wikitable mw-collapsible" id="plenaries" |+ class="nowrap" | Overview of past annual meetings |- ! scope="col" | Year ! scope="col" | Dates ! scope="col" | Theme |- ! scope="row" |1988 | |The new state of the world economy |- ! scope="row" |1989 | |Key developments in the 90s: implications for global business |- ! scope="row" |1990 | |Competitive cooperation in a decade of turbulence |- ! scope="row" |1991 | |The new direction for global leadership |- ! scope="row" |1992 | |Global cooperation and megacompetition |- ! scope="row" |1993 | |Rallying all the forces for global recovery |- ! scope="row" |1994 | |Redefining the basic assumptions of the world economy |- ! scope="row" |1995 |26β30 January |Leadership for challenges beyond growth |- ! scope="row" |1996 |1β6 February |Sustaining globalization |- ! scope="row" |1997 |30 January β 4 February |Building the network society |- ! scope="row" |1998 |29 January β 3 February |Managing volatility and priorities for the 21st century |- ! scope="row" |1999 |28 January β 2 February |Responsible globality: managing the impact of globalization |- ! scope="row" |2000 |26 January β 2 February |New beginnings: making a difference |- ! scope="row" |2001 |25β30 January |Sustaining growth and bridging the divides: a framework for our global future |- ! scope="row" |2002 |31 January β 4 February |Leadership in fragile times (held in New York instead of Davos) |- ! scope="row" |2003 |21β25 January |Building trust |- ! scope="row" |2004 |21β25 January |Partnering for security and prosperity |- ! scope="row" |2005 |26β30 January |Taking responsibility for tough choices |- ! scope="row" |2006 |25β29 January |The creative imperative<ref>{{Cite web|url=https://www.huffpost.com/entry/creativity-can-save-the-w_b_228951|title=Creativity Can Save the World|last=Howe|first=Dave|date=9 August 2009|website=HuffPost|language=en|access-date=17 June 2019|archive-date=17 June 2019|archive-url=https://web.archive.org/web/20190617151540/https://www.huffpost.com/entry/creativity-can-save-the-w_b_228951|url-status=live}}</ref> |- ! scope="row" |2007 |24β28 January |Shaping the global agenda, the shifting power equation |- ! scope="row" |2008 |23β27 January |The power of collaborative innovation |- ! scope="row" |2009 |28 January β 1 February |Shaping the post-crisis world |- ! scope="row" |2010 |27β30 January |Improve the state of the world: rethink, redesign, rebuild |- ! scope="row" |2011 |26β30 January |Shared norms for the new reality |- ! scope="row" | 2012 | 25β29 January | The great transformation: shaping new models |- ! scope="row" | 2013 | 23β27 January | Resilient dynamism<ref>founder [[Klaus Schwab]]'s declaration that "the need for global cooperation has never been greater".</ref> |- ! scope="row" | 2014 | 22β25 January | The reshaping of the world: consequences for society, politics and business |- ! scope="row" | 2015 | 21β24 January | New global context |- ! scope="row" | 2016 | 20β23 January | Mastering the fourth industrial revolution |- ! scope="row" | 2017 | 17β20 January | Responsive and responsible leadership |- ! scope="row" |2018 | 23β26 January | Creating a shared future in a fractured world |- ! scope="row" |2019 | 22β25 January | Globalization 4.0: shaping a global architecture in the age of the fourth industrial revolution |- ! scope="row" | 2020 | 20β24 January | Stakeholders for a cohesive and sustainable world{{citation needed|date=March 2022}} |- ! scope="row" | 2021 | 17β20 August | ''Crucial Year to Rebuild Trust,''<ref>{{Cite web|title=Building trust: Here's what you need to know about The Davos Agenda 2021|url=https://www.weforum.org/agenda/2021/01/davos-agenda-trust-global-cooperation/|access-date=18 January 2024|archive-date=18 January 2024|archive-url=https://web.archive.org/web/20240118215241/https://www.weforum.org/agenda/2021/01/davos-agenda-trust-global-cooperation/|url-status=live}}</ref> ''canceled as a result of [[COVID-19 pandemic]]'' |- ! scope="row" | 2022 | 22β26 May | History at a Turning Point: Government Policies and Business Strategies<ref>{{cite web|url=https://www.weforum.org/agenda/2022/05/davos-2022-whos-coming-and-everything-else-you-need-to-know|title=Davos 2022: Who's coming and everything else you need to know|website=weforum.org|date=18 May 2022|access-date=24 May 2022|archive-date=23 May 2022|archive-url=https://web.archive.org/web/20220523223819/https://www.weforum.org/agenda/2022/05/davos-2022-whos-coming-and-everything-else-you-need-to-know/|url-status=live}}</ref> |- ! scope="row" | 2023 | 16β20 January | Cooperation in a Fragmented World<ref name="DavosMeeting2023"/> |- ! Scope="row" | 2024 | 15β19 January | Rebuilding Trust<ref>{{Cite web |last=Falk |first=Thomas O. |title=Is the World Economic Forum still relevant? |url=https://www.aljazeera.com/news/2024/1/14/is-the-world-economic-forum-still-relevant |access-date=2024-01-18 |website=Al Jazeera |language=en |archive-date=18 January 2024 |archive-url=https://web.archive.org/web/20240118215240/https://www.aljazeera.com/news/2024/1/14/is-the-world-economic-forum-still-relevant |url-status=live }}</ref> |} ====Individual participants==== [[File:Juan Manuel Santos CalderΓ³n - World Economic Forum on Latin America 2010.jpg|thumb|right|[[Juan Manuel Santos]], [[president of Colombia]], at the 2010 World Economic Forum]] Some 3,000 individual participants joined the 2020 annual meeting in Davos. Countries with the most attendees include the [[United States]] (674 participants), the [[United Kingdom]] (270), [[Switzerland]] (159), [[Germany]] (137) and [[India]] (133).<ref>{{cite web |url=https://www.statista.com/chart/7609/most-attendees-at-davos/ |title=World Economic Forum β Who's Going to Davos? |date=20 January 2020 |access-date=28 June 2020 |archive-date=28 June 2020 |archive-url=https://web.archive.org/web/20200628141546/https://www.statista.com/chart/7609/most-attendees-at-davos/ |url-status=live }}</ref> Among the attendees were heads of state or government, cabinet ministers, ambassadors, and heads or senior officials of international organizations, including: [[Sanna Marin]] ([[prime minister of Finland]]), [[Ursula von der Leyen]] ([[president of the European Commission]]), [[Christine Lagarde]] ([[ECB president]]), [[Greta Thunberg]] ([[climate activist]]), [[Ren Zhengfei]] ([[Huawei Technologies|Huawei Technologies founder]]), [[Kristalina Georgieva]] ([[International Monetary Fund|managing director of the IMF]]), [[Deepika Padukone]] ([[Bollywood|Bollywood actress]]), [[George Soros]] ([[Soros Fund Management|investor]]), and Donald Trump ([[president of the United States]]).<ref>{{cite web |url=https://www.cnbc.com/2020/01/14/wef-2020-heres-who-is-going-to-davos-this-year.html |title=Here's who's going to Davos this year |website=[[CNBC]] |date=14 January 2020 |access-date=28 June 2020 |archive-date=28 June 2020 |archive-url=https://web.archive.org/web/20200628141545/https://www.cnbc.com/2020/01/14/wef-2020-heres-who-is-going-to-davos-this-year.html |url-status=live }}</ref> [[File:Isaac Herzog in Davos, January 2024 (GPOABG231).jpeg|thumb|right|Israeli President [[Isaac Herzog]] at the 2024 World Economic Forum]] An analysis by ''[[The Economist]]'' from 2014 found that the vast majority of participants are male and more than 50 years old. Careers in business account for most of the participants' backgrounds (1,595 conference attendees), with the remaining seats shared between government (364), NGOs (246) and press (234). Academia, which had been the basis of the first annual conference in 1971, had been marginalised to the smallest participant group (183 attendees).<ref name="Econ-Magic">{{cite news |url=https://www.economist.com/international/2014/01/23/whos-on-the-magic-mountain |title=The data of Davos β Who's on the Magic Mountain? |newspaper=The Economist |access-date=28 June 2020 |date=23 January 2014 |archive-date=20 May 2020 |archive-url=https://web.archive.org/web/20200520093511/https://www.economist.com/international/2014/01/23/whos-on-the-magic-mountain |url-status=live }}</ref> ====Corporate participants==== Next to individual participants, the World Economic Forum maintains a dense network of corporate partners that can apply for different partnership ranks within the forum.<ref>{{Cite web|url=https://www.weforum.org/partners/|title=Partners|website=World Economic Forum|access-date=21 July 2021|archive-date=21 July 2021|archive-url=https://web.archive.org/web/20210721075341/https://www.weforum.org/partners|url-status=live}}</ref> For 2019, [[Bloomberg L.P.|Bloomberg]] has identified a total of 436 listed corporates that participated in the annual meeting while measuring a stock underperformance by the Davos participants of around β10% versus the S&P 500 during the same year. Drivers are among others an overrepresentation of financial companies and an underrepresentation of fast-growing health care and information technology businesses at the conference.<ref>{{Cite news|url=https://www.bloomberg.com/news/articles/2020-01-23/davos-s-global-elite-are-laggards-in-stock-market-performance|title=Davos's Global Elite Are Laggards in Stock-Market Performance|first=Eddie|last=van der Walt|newspaper=Bloomberg.com|date=23 January 2020|access-date=7 June 2020|archive-date=6 May 2020|archive-url=https://web.archive.org/web/20200506165535/https://www.bloomberg.com/news/articles/2020-01-23/davos-s-global-elite-are-laggards-in-stock-market-performance|url-status=live}}</ref> ''The Economist'' had found similar results in an earlier study, showing an underperformance of Davos participants against both the MSCI World Index and the S&P 500 between 2009 and 2014.<ref name="Econ-Magic" /> ===Summer annual meeting=== In 2007, the foundation established the Annual Meeting of the New Champions (also called Summer Davos), held annually in China, alternating between [[Dalian]] and [[Tianjin]], bringing together 1,500 participants from what the foundation calls Global Growth Companies, primarily from rapidly growing emerging countries such as China, Russia, [[Mexico]], and [[Brazil]], but also including quickly growing companies from [[developed countries]]. The meeting also engages with the next generation of global leaders from fast-growing regions and competitive cities, as well as technology pioneers from around the globe.<ref>{{cite news |url=http://english.peopledaily.com.cn/90001/90778/6228850.html |title=Summer Davos To Put Dalian on Business Map |publisher=[[China Daily]] (via [[People's Daily]]) |date=1 August 2007 |access-date=25 January 2011 |archive-date=3 October 2012 |archive-url=https://web.archive.org/web/20121003065156/http://english.peopledaily.com.cn/90001/90778/6228850.html |url-status=live }}</ref> The [[Premier of the People's Republic of China|premier of China]] has delivered a plenary address at each annual meeting.{{citation needed|date=December 2021}} ===Regional meetings=== [[File:India in the New Global Reality Economic Summit 2011.jpg|thumb|left|[[Prithviraj Chavan]], chief minister of Maharashtra, India; Sudha Pilay, member-secretary, Planning Commission, India; and [[Ben Verwaayen]], chief executive officer, Alcatel-Lucent, France, were the co-chairs of the India Economic Summit 2011 in [[Mumbai]].]] Every year regional meetings take place, enabling close contact among corporate business leaders, local government leaders, and NGOs. Meetings are held in Africa, East Asia, Latin America, and the Middle East. The mix of hosting countries varies from year to year, but consistently China and India have hosted throughout the decade since 2000.<ref>{{cite web |url=http://www.weforum.org/en/events/ |title=World Economic Forum β Events |work=Weforum.org |publisher=World Economic Forum |access-date=7 March 2010 |url-status=dead |archive-url=https://web.archive.org/web/20090109050816/http://www.weforum.org/en/events/ |archive-date=9 January 2009}}</ref> ===Young Global Leaders=== {{Main|Young Global Leaders}} The group of Young Global Leaders consists of 800 people chosen by the WEF organizers as being representative of contemporary leadership. After five years of participation they are considered alumni.<ref>{{cite web |url=http://www.weforum.org/community/forum-young-global-leaders |title=Forum of Young global Leaders |work=Weforum.org |publisher=World Economic Forum |access-date=5 April 2013 |archive-date=10 January 2016 |archive-url=https://web.archive.org/web/20160110055001/http://www.weforum.org/community/forum-young-global-leaders |url-status=live }}</ref> The program has received controversy when Schwab, the founder, admitted to "penetrat[ing]" governments with Young Global Leaders. He added that as of 2017 "more than half" of [[Justin Trudeau|Justin Trudeau's]] [[Cabinet of Canada|Cabinet]] had been members of the program.<ref>{{Cite web |title=Young Global Leaders |url=https://www.influencewatch.org/organization/young-global-leaders/ |access-date=2023-02-06 |website=InfluenceWatch |language=en-US |archive-date=6 February 2023 |archive-url=https://web.archive.org/web/20230206172953/https://www.influencewatch.org/organization/young-global-leaders/ |url-status=live }}</ref> ===Social entrepreneurs=== Since 2000, the WEF has been promoting models developed by those in close collaboration with the [[Schwab Foundation for Social Entrepreneurship]],<ref>{{cite web |url=http://www.schwabfound.org/ |title=Schwab Foundation for Social Entrepreneurship β Home |publisher=Schwabfound.org |access-date=7 March 2010 |archive-date=4 May 2019 |archive-url=https://web.archive.org/web/20190504005120/http://www.schwabfound.org/ |url-status=live }}</ref> highlighting [[social entrepreneurship]] as a key element to advance societies and address social problems.<ref>[[Jim Fruchterman|Fruchterman, Jim]] (31 January 2005). [http://news.bbc.co.uk/2/hi/business/4221851.stm "Davos Diary: Meetings of Minds"] ''[[BBC News]]''. accessed 25 January 2011 {{webarchive |url=https://web.archive.org/web/20160923021938/http://news.bbc.co.uk/2/hi/business/4221851.stm |date=23 September 2016}}</ref><ref>Moore. p. 209.</ref> Selected social entrepreneurs are invited to participate in the foundation's regional meetings and the annual meetings where they may meet chief executives and senior government officials. At the annual meeting 2003, for example, [[Jeroo Billimoria]] met with Roberto Blois, deputy secretary-general of the [[International Telecommunication Union]], an encounter that produced a key partnership for her organization [[Child helpline international]].<ref>Bornstein. p. 272.</ref> ===Research reports=== [[File:Sharmeen Obaid Chinoy World Economic Forum 2013.jpg|thumb|upright|right|Two-time [[Academy Award]] winner, Pakistani journalist [[Sharmeen Obaid-Chinoy]] at WEF in 2013]] The foundation also acts as a [[think tank]], publishing a wide range of reports. In particular, "Strategic Insight Teams" focus on producing reports of relevance in the fields of competitiveness, global risks, and [[scenario planning|scenario thinking]].{{Citation needed|date=June 2024}} The "Competitiveness Team"<ref>{{cite web |url=http://www.weforum.org/en/initiatives/gcp/index.htm |title=Issues | World Economic Forum-Issues |work=Weforum.org |publisher=World Economic Forum |access-date=29 November 2011 |url-status=dead |archive-url=https://web.archive.org/web/20101201200230/http://www.weforum.org/en/initiatives/gcp/index.htm |archive-date=1 December 2010}}</ref> produces a range of annual economic reports (first published in brackets): the [[Global Competitiveness Report]] (1979) measured competitiveness of countries and economies; The [[Global Information Technology Report]] (2001) assessed their competitiveness based on their IT readiness; the [[Global Gender Gap Report]] examined critical areas of inequality between men and women; the [[Global Risks Report]] (2006) assessed key global risks; the [[Travel and Tourism Competitiveness Report|Global Travel and Tourism Report]] (2007) measured travel and tourism competitiveness; the Financial Development Report (2008)<ref>{{cite web|title=WEF β Financial Development Report|url=http://www.weforum.org/issues/financial-development|publisher=World Economic Forum|url-status=dead|archive-url=https://web.archive.org/web/20130818181200/http://www.weforum.org/issues/financial-development|archive-date=18 August 2013}}</ref> aimed to provide a comprehensive means for countries to establish benchmarks for various aspects of their financial systems and establish priorities for improvement; and the [[Global Enabling Trade Report]] (2008) presented a cross-country analysis of the large number of measures facilitating trade among nations.<ref name=pigman3>{{cite book |title=The World Economic Forum β A Multi-Stakeholder Approach to Global Governance |last=Pigman |first=Geoffrey Allen |pages=43, 92β112 |year=2007 |isbn=978-0-415-70204-1 |publisher=Routledge |location=London}}</ref> The "Risk Response Network"<ref>{{cite web |url=http://www.weforum.org/en/initiatives/globalrisk/index.htm |title=Global Risks | World Economic Forum-Global Risks |work=Weforum.org |publisher=World Economic Forum |access-date=29 November 2011 |url-status=dead |archive-url=https://web.archive.org/web/20101201195909/http://www.weforum.org/en/initiatives/globalrisk/index.htm |archive-date=1 December 2010}}</ref> produces a yearly report assessing risks which are deemed to be within the scope of these teams, have cross-industry relevance, are uncertain, have the potential to cause upwards of US$10 billion in economic damage, have the potential to cause major human suffering, and which require a multi-stakeholder approach for mitigation.<ref name="riskreport">[http://www.weforum.org/pdf/globalrisk/2009.pdf Global Risk Report 2009] World Economic Forum {{webarchive |url=https://web.archive.org/web/20090225070901/http://www.weforum.org/pdf/globalrisk/2009.pdf |date=25 February 2009}}</ref> In 2020, the forum published a report entitled ''Nature Risk Rising: Why the Crisis Engulfing Nature Matters for Business and the Economy''.<ref name="weforum.org">{{cite web |last1=Quinney |first1=Marie |title=COVID-19 and nature are linked. So should be the recovery. |url=https://www.weforum.org/agenda/2020/04/covid-19-nature-deforestation-recovery/ |website=World Economic Forum |access-date=19 April 2020 |archive-date=3 September 2022 |archive-url=https://web.archive.org/web/20220903213537/https://www.weforum.org/agenda/2020/04/covid-19-nature-deforestation-recovery |url-status=live }}</ref><ref>{{cite book |title=WEF New Nature Economy Report 2020 |date=January 2020 |publisher=World Economic Forum |url=http://www3.weforum.org/docs/WEF_New_Nature_Economy_Report_2020.pdf |access-date=19 July 2020 |archive-date=23 June 2020 |archive-url=https://web.archive.org/web/20200623204717/http://www3.weforum.org/docs/WEF_New_Nature_Economy_Report_2020.pdf |url-status=live }}</ref> In this report the forum estimated that approximately half of global GDP is highly or moderately dependent on nature (the same as [[IPBES]]'s 2019 assessment report<ref>{{Cite web |last=IPBES |date=2019-05-17 |title=Global Assessment Report on Biodiversity and Ecosystem Services |url=https://www.ipbes.net/node/35274 |access-date=2023-09-13 |website=www.ipbes.net |language=en |archive-date=30 November 2023 |archive-url=https://web.archive.org/web/20231130124254/https://www.ipbes.net/global-assessment |url-status=live }}</ref>). The report also found that 1 dollar spent on nature restoration yields 9 dollars in economic benefits.<ref>{{Cite journal |last=United Nations Environment Programme |date=2020 |title=The United Nations Decade on Ecosystem Restoration: Strategy |url=https://wedocs.unep.org/xmlui/handle/20.500.11822/31813 |journal=The United Nations Decade on Ecosystem Restoration: Strategy}}</ref> ===Initiatives=== ==== Health ==== On 19 January 2017 the [[Coalition for Epidemic Preparedness Innovations]] (CEPI), a global initiative to fight epidemics, was launched at WEF in Davos. The internationally funded initiative aims at securing vaccine supplies for global emergencies and pandemics, and to research new vaccines for tropical diseases, that are now more menacing. The project is funded by private and governmental donors, with an initial investment of US$460m from the governments of Germany, Japan and Norway, plus the Bill & Melinda Gates Foundation and the Wellcome Trust.<ref>D. G. McNeil Jr (2017). [https://www.nytimes.com/2017/01/18/health/partnership-epidemic-preparedness.html?hpw&rref=health&action=click&pgtype=Homepage&module=well-region®ion=bottom-well&WT.nav=bottom-well Donors and Drug Makers Offer $500 Million to Control Global Epidemics] {{Webarchive|url=https://web.archive.org/web/20171201045140/https://www.nytimes.com/2017/01/18/health/partnership-epidemic-preparedness.html?hpw&rref=health&action=click&pgtype=Homepage&module=well-region®ion=bottom-well&WT.nav=bottom-well |date=1 December 2017 }}. ''The New York Times''. accessed 20 January 2017.</ref>{{Anchor|EBP}} Between 21 and 24 January 2020, at the early stages of the [[COVID-19 pandemic|COVID-19 outbreak]], [[Coalition for Epidemic Preparedness Innovations|CEPI]] met with leaders from [[Moderna]] to establish plans for a [[COVID-19 vaccine]] at the [[Davos, Switzerland|Davos]] gathering,<ref>{{cite web |title=What we know about the Wuhan coronavirus and urgent plans to develop a vaccine for it |url=https://www.weforum.org/agenda/2020/01/wuhan-coronavirus-china-cepi-vaccine-davos/ |website=World Economic Forum |access-date=9 September 2020 |language=en |archive-date=26 August 2020 |archive-url=https://web.archive.org/web/20200826142434/https://www.weforum.org/agenda/2020/01/wuhan-coronavirus-china-cepi-vaccine-davos/ |url-status=live }}</ref> with a total global case number of 274 and total loss of life the virus at 16.<ref>{{cite web |title=WHO Coronavirus Disease (COVID-19) Dashboard |url=https://covid19.who.int/ |website=covid19.who.int |access-date=9 September 2020 |language=en |archive-date=16 April 2020 |archive-url=https://web.archive.org/web/20200416183953/https://covid19.who.int/ |url-status=live }}</ref> The [[World Health Organization|WHO]] declared a global health emergency 6 days later.<ref>{{cite news |title=WHO declares coronavirus outbreak a global health emergency |url=https://www.statnews.com/2020/01/30/who-declares-coronavirus-outbreak-a-global-health-emergency |access-date=9 September 2020 |work=STAT |date=30 January 2020 |archive-date=9 September 2020 |archive-url=https://web.archive.org/web/20200909231337/https://www.statnews.com/2020/01/30/who-declares-coronavirus-outbreak-a-global-health-emergency/ |url-status=live }}</ref> ==== Society ==== The Global Water Initiative brings together diverse stakeholders such as [[Alcan Inc.]], the [[Swiss Agency for Development and Cooperation]], [[USAID]] India, [[UNDP]] India, [[Confederation of Indian Industry]] (CII), Government of [[Rajasthan]], and the [[NEPAD]] Business Foundation to develop public-private partnerships on water management in South Africa and India.{{Citation needed|date=June 2024}} In an effort to combat corruption, the Partnering Against Corruption Initiative (PACI) was launched by CEOs from the engineering and construction, energy and [[metals]], and mining industries at the annual meeting in Davos during January 2004. PACI is a platform for peer exchange on practical experience and dilemma situations. Approximately 140 companies have joined the initiative.<ref name=pigman4>{{cite book |title=The World Economic Forum β A Multi-Stakeholder Approach to Global Governance |last=Pigman |first=Geoffrey Allen |page=115 |year=2007 |isbn=978-0-415-70204-1 |publisher=Routledge |location=London}}</ref> ==== Environment ==== {{Further|Business action on climate change}} In the beginning of the 21st century, the forum began to increasingly deal with environmental issues.<ref name="World Economic Forum">{{cite web |title=Environment and Natural Resource Security |url=https://www.weforum.org/agenda/archive/environment-and-natural-resource-security |website=World Economic Forum |access-date=3 May 2020 |archive-date=1 May 2020 |archive-url=https://web.archive.org/web/20200501030906/https://www.weforum.org/agenda/archive/environment-and-natural-resource-security |url-status=live }}</ref> In the Davos Manifesto 2020 it is said that a company among other: * "acts as a steward of the environmental and material universe for future generations. It consciously protects our biosphere and champions a circular, shared and regenerative economy." * "responsibly manages near-term, medium-term and long-term value creation in pursuit of sustainable shareholder returns that do not sacrifice the future for the present." * "is more than an economic unit generating wealth. It fulfils human and societal aspirations as part of the broader social system. Performance must be measured not only on the return to shareholders, but also on how it achieves its environmental, social and good governance objectives."<ref>{{cite web |last=Schwab |first=Klaus |title=Davos Manifesto 2020: The Universal Purpose of a Company in the Fourth Industrial Revolution |url=https://www.weforum.org/agenda/2019/12/davos-manifesto-2020-the-universal-purpose-of-a-company-in-the-fourth-industrial-revolution/ |website=World Economic Forum |access-date=3 May 2020 |archive-date=10 May 2020 |archive-url=https://web.archive.org/web/20200510170243/https://www.weforum.org/agenda/2019/12/davos-manifesto-2020-the-universal-purpose-of-a-company-in-the-fourth-industrial-revolution/ |url-status=live }}</ref> The Environmental Initiative covers climate change and water issues. Under the [[2005 G8 Summit|Gleneagles Dialogue on Climate Change]], the [[government of the United Kingdom|U.K. government]] asked the World Economic Forum at the [[31st G8 summit|G8 Summit in Gleneagles in 2005]] to facilitate a dialogue with the business community to develop recommendations for reducing [[greenhouse gas emissions]]. This set of recommendations, endorsed by a global group of CEOs, was presented to leaders ahead of the G8 Summit in [[Toyako]], Hokkaido, Japan held in July 2008.<ref>Black, Richard (20 June 2008). [http://news.bbc.co.uk/2/hi/science/nature/7464517.stm "Business Chiefs Urge Carbon Curbs"] {{webarchive |url=https://web.archive.org/web/20160923021238/http://news.bbc.co.uk/2/hi/science/nature/7464517.stm |date=23 September 2016}} ''[[BBC News]]''. accessed 25 January 2011.</ref><ref>Szabo, Michael (19 June 2008). [https://www.reuters.com/article/environmentNews/idUSL1944804220080620?feedType=RSS&feedName=environmentNews "Business Chiefs Call for G8 Climate Leadership"] {{webarchive |url=https://web.archive.org/web/20090131122901/https://www.reuters.com/article/environmentNews/idUSL1944804220080620?feedType=RSS&feedName=environmentNews |date=31 January 2009}} ''[[Reuters]]''. accessed 25 January 2011.</ref> In 2016 WEF published an article in which it is said, that in some cases reducing consumption can increase well-being. In the article is mentioned that in [[Costa Rica]] the GDP is 4 times smaller than in many countries in Western Europe and North America, but people live longer and better. An American study shows that those whose income is higher than $75,000, do not necessarily have an increase in well-being. To better measure well-being, the New Economics Foundation's launched the [[Happy Planet Index]].<ref>{{cite web |last1=Belton |first1=Teresa |title=Why becoming a 'happily modest consumer' could help save the planet |url=https://www.weforum.org/agenda/2016/12/want-to-protect-the-planet-pursue-personal-happiness |website=World Economic Forum |access-date=24 May 2020 |archive-date=18 May 2020 |archive-url=https://web.archive.org/web/20200518094158/https://www.weforum.org/agenda/2016/12/want-to-protect-the-planet-pursue-personal-happiness |url-status=live }}</ref> In January 2017, WEF launched the Platform for Accelerating the Circular Economy (PACE), which is a global [[public private partnership]] seeking to scale [[circular economy]] innovations.<ref>{{Cite web|url=https://www.weforum.org/projects/circular-economy/|title=Circular Economy|website=World Economic Forum|access-date=7 December 2019|archive-date=17 August 2019|archive-url=https://web.archive.org/web/20190817095101/https://www.weforum.org/projects/circular-economy|url-status=live}}</ref><ref>{{Cite web|url=https://toplink.weforum.org/knowledge/insight/a1Gb0000000pTDMEA2/explore/summary|title=TopLink|website=toplink.weforum.org|access-date=3 April 2019|archive-date=2 April 2019|archive-url=https://web.archive.org/web/20190402055419/https://toplink.weforum.org/knowledge/insight/a1Gb0000000pTDMEA2/explore/summary|url-status=live}}</ref> PACE is co-chaired by [[Frans van Houten]] (CEO of [[Philips]]), Naoko Ishii (CEO of the [[Global Environment Facility]], and the head of [[United Nations Environment Programme]] (UNEP).<ref>{{Cite web|url=https://www.acceleratecirculareconomy.org/|title=Platform for Accelerating the Circular Economy|website=Platform for Accelerating the Circular Economy|access-date=3 April 2019|archive-date=2 April 2019|archive-url=https://web.archive.org/web/20190402084939/https://www.acceleratecirculareconomy.org/|url-status=live}}</ref> The [[Ellen MacArthur Foundation]], the [[International Resource Panel]], Circle Economy, [[Chatham House]], the Dutch [[National Institute for Public Health and the Environment]], the [[United Nations Environment Programme]] and [[Accenture]] serve as knowledge partners, and the program is supported by the UK [[Department for Environment, Food and Rural Affairs]], [[DSM (company)|DSM]], [[FrieslandCampina]], [[Global Affairs Canada]], the Dutch [[Ministry of Infrastructure and Water Management]], [[Rabobank]], [[Shell plc|Shell]], [[SITRA]], and [[Unilever]].<ref>{{Cite web |title=Members |url=https://pacecircular.org/partners |url-status=live |archive-url=https://web.archive.org/web/20220418213020/https://pacecircular.org/partners |archive-date=2022-04-18 |access-date=2022-08-16 |website=PACE |language=en}}</ref> The Forum emphasized its 'Environment and Natural Resource Security Initiative' for the 2017 meeting to achieve inclusive economic growth and sustainable practices for global industries. With increasing limitations on [[International trade|world trade]] through national interests and trade barriers, the WEF has moved towards a more sensitive and socially-minded approach for global businesses with a focus on the reduction of [[carbon emission]]s in China and other large industrial nations.<ref>[https://www.weforum.org/system-initiatives/environment-and-natural-resource-security ''Shaping the Future of Environment and Natural Resource Security''] The World Economic Forum Davos 2017. accessed 16 January 2017 {{Webarchive|url=https://web.archive.org/web/20170711144259/https://www.weforum.org/system-initiatives/environment-and-natural-resource-security |date=11 July 2017 }}</ref> Also in 2017, WEF launched the [[Fourth Industrial Revolution]] (4IR) for the Earth Initiative, a collaboration among WEF, [[Stanford University]] and [[Pwc|PwC]], and funded through the Mava Foundation<!-- also referred to as the MAVA Foundation -->.<ref>{{Cite news|url=https://www.waterbriefing.org/home/technology-focus/item/14404-new-global-initiative-to-help-harness-4ir-technologies-to-tackle-environmental-issues|title=New global initiative will help harness 4IR technologies tackle environmental issues|last=<!-- no byline -->|date=21 September 2017|work=Waterbriefing|access-date=26 January 2018|archive-date=9 March 2021|archive-url=https://web.archive.org/web/20210309013209/https://www.waterbriefing.org/home/technology-focus/item/14404-new-global-initiative-to-help-harness-4ir-technologies-to-tackle-environmental-issues|url-status=live}}</ref> In 2018, WEF announced that one project within this initiative was to be the [[Earth BioGenome Project]], the aim of which is to sequence the genomes of every organism on Earth.<ref>{{Cite news|url=http://www.drugdevelopment-technology.com/news/project-sequence-genomes-earth-begin-amazon-rainforest/|title=Project to sequence all genomes on Earth to begin in Amazon rainforest|last=Casey|first=JP|date=25 January 2018|work=Drug Development Technology|access-date=26 January 2018|archive-date=27 January 2018|archive-url=https://web.archive.org/web/20180127020517/http://www.drugdevelopment-technology.com/news/project-sequence-genomes-earth-begin-amazon-rainforest/|url-status=live}}</ref> The World Economic Forum is working to eliminate [[plastic pollution]], stating that by 2050 it will consume 15% of the global [[Emissions budget|carbon budget]] and will pass by its weight fishes in the world's oceans. One of the methods is to achieve [[circular economy]].<ref>{{cite web |last1=Hughes |first1=Kristin |title=3 ways we are making an impact on plastic pollution |url=https://www.weforum.org/agenda/2019/09/we-created-an-initiative-to-fight-plastic-waste-here-are-3-takeaways-from-our-first-year/ |website=World Economic Forum |access-date=3 May 2020 |archive-date=9 May 2020 |archive-url=https://web.archive.org/web/20200509020530/https://www.weforum.org/agenda/2019/09/we-created-an-initiative-to-fight-plastic-waste-here-are-3-takeaways-from-our-first-year/ |url-status=live }}</ref><ref>{{cite web |last1=Rooney |first1=Katharine |title=The story of two brothers who travelled through a river of trash and inspired a nation |url=https://www.weforum.org/agenda/2020/01/how-does-indonesia-deal-with-plastic-pollution/ |website=World Economic Forum |access-date=3 May 2020 |archive-date=27 April 2020 |archive-url=https://web.archive.org/web/20200427165708/https://www.weforum.org/agenda/2020/01/how-does-indonesia-deal-with-plastic-pollution/ |url-status=live }}</ref> The theme of the 2020 World Economic Forum annual meeting was 'Stakeholders for a Cohesive and Sustainable World'. Climate change and sustainability were central themes of discussion. Many argued that GDP is failed to represent correctly the wellbeing and that [[fossil fuel subsidies]] should be stopped. Many of the participants said that a better capitalism is needed. [[Al Gore]] summarized the ideas in the conference as: "The version of capitalism we have today in our world must be reformed".<ref>{{cite news |last1=Worland |first1=Justin |title=How Davos Became a Climate Change Conference |url=https://time.com/5771889/davos-climate-change/ |access-date=31 January 2020 |agency=Times |date=27 January 2020 |archive-date=29 January 2020 |archive-url=https://web.archive.org/web/20200129005952/https://time.com/5771889/davos-climate-change/ |url-status=live }}</ref> In this meeting the World Economic Forum: * Launched the [[Trillion Tree Campaign]] an initiative aiming to "grow, restore and conserve 1 trillion trees over the next 10 years around the world β in a bid to restore [[biodiversity]] and help fight [[climate change]]". [[Donald Trump]] joined the initiative. The forum stated that: "Nature-based solutions β locking-up carbon in the world's forests, grasslands and wetlands β can provide up to one-third of the emissions reductions required by 2030 to meet the Paris Agreement targets," adding that the rest should come from the heavy industry, finance and transportation sectors. One of the targets is to unify existing [[reforestation]] projects<ref>{{cite web |last1=Pomeroy |first1=Robin |title=One trillion trees β World Economic Forum launches plan to help nature and the climate |url=https://www.weforum.org/agenda/2020/01/one-trillion-trees-world-economic-forum-launches-plan-to-help-nature-and-the-climate |website=World Economic Forum |access-date=12 March 2020 |archive-date=12 March 2020 |archive-url=https://web.archive.org/web/20200312004502/https://www.weforum.org/agenda/2020/01/one-trillion-trees-world-economic-forum-launches-plan-to-help-nature-and-the-climate/ |url-status=live }}</ref> * Discussed the issue of climate change and called to expanding [[renewable energy]], [[efficient energy use|energy efficiency]] change the patterns of [[Resource consumption|consumption]] and remove carbon from the atmosphere. The forum concluded that the climate crisis will become a [[climate apocalypse]] should the temperature rise by 2Β°C above pre-industrial levels. The forum called on governments to fulfil the commitments in [[Paris Agreement]]. [[Jennifer Morgan (activist)|Jennifer Morgan]], special representative for international climate policy of the Federal Foreign Office in Germany, said that as to the beginning of the forum, fossil fuels still get three times more money than climate solutions.<ref>{{cite web |last1=Pomeroy |first1=Robin |title=What you need to know about Davos 2020: How to save the planet |url=https://www.weforum.org/agenda/2020/01/how-to-save-the-planet-davos-climate-pollution-what-to-know/ |website=World Economic Forum |access-date=3 May 2020 |archive-date=9 May 2020 |archive-url=https://web.archive.org/web/20200509084225/https://www.weforum.org/agenda/2020/01/how-to-save-the-planet-davos-climate-pollution-what-to-know/ |url-status=live }}</ref> At the 2021 annual meeting [[UNFCCC]] launched the 'UN Race-to-Zero Emissions Breakthroughs'. The aim of the campaign is to transform 20 sectors of the economy in order to achieve zero greenhouse gas emissions. At least 20% of each sector should take specific measures, and 10 sectors should be transformed before COP 26 in Glasgow. According to the organizers, 20% is a tipping point, after which the whole sector begins to irreversibly change.<ref>{{cite web |title=Launch of UN Race-to-Zero Emissions Breakthroughs |url=https://unfccc.int/news/launch-of-un-race-to-zero-emissions-breakthroughs |website=United Nations Climate Change |publisher=United Nations |access-date=21 February 2021 |archive-date=21 February 2021 |archive-url=https://web.archive.org/web/20210221202833/https://unfccc.int/news/launch-of-un-race-to-zero-emissions-breakthroughs |url-status=live }}</ref><ref>{{cite web |title=Transforming our systems together |url=https://racetozero.unfccc.int/wp-content/uploads/2021/02/Race-to-Zero-Breakthroughs-Transforming-Our-Systems-Together.pdf |website=Race-to-Zero-Breakthroughs |publisher=United Nations |access-date=21 February 2021 |archive-date=9 February 2021 |archive-url=https://web.archive.org/web/20210209094037/https://racetozero.unfccc.int/wp-content/uploads/2021/02/Race-to-Zero-Breakthroughs-Transforming-Our-Systems-Together.pdf |url-status=live }}</ref> ===== Coronavirus and green recovery ===== In April 2020, the forum published an article that postulates that the COVID-19 pandemic is linked to the destruction of nature. The number of emerging diseases is rising and this rise is linked to [[deforestation]] and [[species loss]]. In the article, there are multiple examples of the degradation of ecological systems caused by humans. It is also says that half of the global [[GDP]] is moderately or largely dependent on nature. The article concludes that the recovery from the pandemic should be linked to nature recovery.<ref name="weforum.org"/> The forum proposed a plan for a [[green recovery]]. The plan includes advancing [[circular economy]]. Among the mentioned methods, there is [[green building]], [[sustainable transport]], [[organic farming]], [[urban open space]], [[renewable energy]] and [[electric vehicle]]s.<ref>{{cite web |last=Bleischwitz |first=Raimund |title=COVID-19: 5 ways to create a green recovery |url=https://www.weforum.org/agenda/2020/06/five-ways-to-kickstart-a-green-recovery/ |website=World Economic Forum |access-date=19 July 2020 |archive-date=4 August 2020 |archive-url=https://web.archive.org/web/20200804181309/https://www.weforum.org/agenda/2020/06/five-ways-to-kickstart-a-green-recovery |url-status=live }}</ref> === Global Shapers Community === The Global Shapers Community (GSC), an initiative of World Economic Forum, selects young leaders below 30 years old to be change agents in the world.<ref>{{Cite web|title=Global Shapers|url=https://www.globalshapers.org/|access-date=26 December 2020|website=Global Shapers|language=en|archive-date=26 December 2020|archive-url=https://web.archive.org/web/20201226062552/https://www.globalshapers.org/|url-status=live}}</ref> Global Shapers develop and lead their city-based hubs to implement social justice projects that advance the mission of World Economic Forum. The GSC has over 10,000 members in 500+ hubs in 154 countries. Some critics see the WEF's increasing focus on activist areas such as [[environmental protection]]<ref>{{cite web |title=Environment and Natural Resource Security |url=https://www.weforum.org/agenda/archive/environment-and-natural-resource-security |website=World Economic Forum |access-date=2020-05-03 |archive-date=1 May 2020 |archive-url=https://web.archive.org/web/20200501030906/https://www.weforum.org/agenda/archive/environment-and-natural-resource-security |url-status=live }}</ref> and [[social entrepreneurship]]<ref>{{Cite web|url=https://www.schwabfound.org/|title=Schwab Foundation for Social Entrepreneurship|website=Schwab Foundation for Social Entrepreneurship|access-date=16 April 2022|archive-date=16 April 2022|archive-url=https://web.archive.org/web/20220416115034/https://www.schwabfound.org/|url-status=live}}</ref> as a strategy to disguise the true [[plutocracy|plutocratic]] goals of the organisation.<ref>{{Cite web | title = The high priests of plutocracy all meet in Davos. What good can come from that? | url = https://www.theguardian.com/commentisfree/2020/jan/25/davos-world-economic-forum-capitalism-plutocracy | work = The Guardian | date = 2020-01-25 | access-date = 2021-09-24 | archive-date = 24 September 2021 | archive-url = https://web.archive.org/web/20210924150239/https://www.theguardian.com/commentisfree/2020/jan/25/davos-world-economic-forum-capitalism-plutocracy | url-status = live }}</ref><ref>{{citation |author=Steven Umbrello |title=Should We Reset? A review of Klaus Schwab and Thierry Malleret's 'COVID-19: The Great Reset'}}</ref><ref>{{Cite web|url=https://www.cicero.de/wirtschaft/meinungsherrschaft-ziemlich-verstiegen|title=Dominion of Opinion β Quite Defective|website=Cicero Online|language=en|access-date=12 August 2021|archive-date=12 August 2021|archive-url=https://web.archive.org/web/20210812143340/https://www.cicero.de/wirtschaft/meinungsherrschaft-ziemlich-verstiegen|url-status=live}}</ref> === The Great Reset === {{main|The Great Reset}} In May 2020, the WEF and the [[Charles, Prince of Wales|Prince of Wales]]'s Sustainable Markets Initiative launched "The Great Reset" project, a five-point plan to enhance sustainable economic growth following the global recession caused by the [[COVID-19 pandemic lockdowns]].<ref>{{cite web|url=https://www.theguardian.com/uk-news/2020/jun/03/pandemic-is-chance-to-reset-global-economy-says-prince-charles|title=Pandemic is chance to reset global economy, says Prince Charles|newspaper=The Guardian|first=Phillip|last=Inman|date=3 June 2020|access-date=3 June 2020|archive-date=17 November 2020|archive-url=https://web.archive.org/web/20201117152600/https://www.theguardian.com/uk-news/2020/jun/03/pandemic-is-chance-to-reset-global-economy-says-prince-charles|url-status=live}}</ref> "The Great Reset" was to be the theme of WEF's annual meeting in August 2021.<ref>{{Cite web |date=2020-07-30 |title=About {{!}} World Economic Forum |url=https://www.weforum.org/great-reset/about |access-date=2022-07-22 |archive-url=https://web.archive.org/web/20200730063939/https://www.weforum.org/great-reset/about |archive-date=30 July 2020 }}</ref> According to forum founder Schwab, the intention of the project is to reconsider the meaning of [[capitalism]] and capital. While not abandoning capitalism, he proposes to change and possibly move on from some aspects of it, including [[neoliberalism]] and [[free-market fundamentalism]]. The role of corporations, taxation and more should be reconsidered. International cooperation and trade should be defended and the [[Fourth Industrial Revolution]] also.<ref>{{cite web |last=Schwab |first=Klaus |title=We must move on from neoliberalism in the post-COVID era |url=https://www.weforum.org/agenda/2020/10/coronavirus-covid19-recovery-capitalism-environment-economics-equality/ |website=World Economic Forum |access-date=29 June 2021 |archive-date=5 July 2021 |archive-url=https://web.archive.org/web/20210705195322/https://www.weforum.org/agenda/2020/10/coronavirus-covid19-recovery-capitalism-environment-economics-equality/ |url-status=live }}</ref><ref>{{cite web |title=The world must move on from neoliberalism after the pandemic |url=https://www.facebook.com/worldeconomicforum/videos/215228153695155/ |website=World Economic Forum |access-date=29 June 2021 |archive-date=2 May 2021 |archive-url=https://web.archive.org/web/20210502024255/https://www.facebook.com/worldeconomicforum/videos/215228153695155/ |url-status=live }}</ref> The forum defines the system that it wants to create as "Stakeholder Capitalism". The forum supports [[trade union]]s.<ref>{{cite web |title=How trade unions lift workers wage |url=https://www.weforum.org/agenda/2021/12/stakeholder-capitalism-episode-2-an-economy-that-works-for-workers/ |website=World Economic Forum |access-date=11 April 2022 |archive-date=11 April 2022 |archive-url=https://web.archive.org/web/20220411070817/https://www.weforum.org/agenda/2021/12/stakeholder-capitalism-episode-2-an-economy-that-works-for-workers/ |url-status=live }}</ref> The 'Great Reset' has also been the target of [[Great_Reset#Conspiracy_theories|several debunked conspiracy theories]], which heavily overlap with related conspiracy theories concerning the [[New World Order (conspiracy theory)|'New World Order']], [[Qanon]], and [[COVID-19 misinformation|COVID-19]].
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