World Economic Forum Davos Meet Returns; Focus on Ukraine, climate change

World Economic Forum Davos Meet Returns;  Focus on Ukraine, climate change

World Economic Forum: 50 heads of state or government are expected to attend the annual meeting in Davos.

Davos:

After a gap of almost two and a half years, the Swiss ski resort town of Davos is once again hosting the annual meeting of the World Economic Forum, where many world leaders, including India, are expected to discuss the Ukraine crisis and climate change. And a host of other problems affecting the world.

The high-profile annual powwow of the rich and powerful around the world will begin with a welcome reception on Sunday evening and run until Thursday, May 26.

Ukrainian President Volodymyr Zelensky, European Commission President Ursula von der Leyen and German Chancellor Olaf Schulz, among others, will deliver speeches.

From India, three Union Ministers – Piyush Goyal, Mansukh Mandavia and Hardeep Singh Puri – as well as two Chief Ministers – Basavaraj S Bomai and YS Jaganmohan Reddy – as well as several state leaders including Telangana’s Katie Rama Rao, Aditya. The main topics will be discussed here for the next six days with Thackeray and Thangam Thennarasu from Maharashtra, other public figures and a host of CEOs.

Overall, more than 50 governments or heads of state are expected to attend the annual meeting, which is usually held here in January when this small town is completely covered in snow, but this time it is happening during a sunny weather.

The 2021 annual meeting could not be held physically, where the 2022 meeting had to be postponed due to the Kovid epidemic.

The World Economic Forum (WEF) says the annual meeting will focus on the theme of the 2022 summit, “A Turning Point in History.”

Topics discussed include government policy and business strategies in the context of the global epidemic and the war in Ukraine and the geopolitical challenges.

The meeting is held at a strategic point where public figures and world leaders will meet in person to reconnect, exchange insights, gain new perspectives and find solutions in advance.

The priority of the meeting is to accelerate progress and address global challenges and make an impact on improving world conditions, the WEF said.

After a two-and-a-half-year hiatus, the meeting will bring together about 2,500 leaders and experts from around the world, all of whom are committed to the “Davos Spirit” for improving the world.

Against the backdrop of deepening global friction and fissures, and against the backdrop of a once-in-a-century epidemic, the unprecedented global context calls for purpose and resolution, and the ambition of the meeting to rise to these challenges, the WEF said.

Over the past two years, the World Economic Forum has said, it has strengthened its impact initiatives, which address issues ranging from COVID-19 and climate change to education as well as technology and energy governance.

These include the Recycling Revolution, an initiative to provide advanced education, skills and employment to 1 billion people by 2030; An initiative on universal environmental, social and governance (ESG) metrics and expression for measuring stakeholder capitalism; And 1 trillion tree initiatives, 1t.org, to protect trees and forests and restore the planet’s ecosystem.

At a critical juncture in the world, global business and government leaders must work together to develop long-term policies and strategies that will revitalize the severely damaged world economy, strengthen the momentum of the Fourth Industrial Revolution, and tackle it. The single biggest threat to humanity is climate change, the WEF says, describing itself as an international body for public-private partnerships.

The Annual Meeting is the first summit to bring together world leaders in this new situation, which is characterized by an emerging multifaceted world due to epidemics and war.

“The fact that about 2,500 leaders from politics, business, civil society and the media have come together in person really shows the need for a credible, informal and action-oriented global platform to address the problems of a crisis-driven world,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum. .

There are a number of priorities and issues being cut across the theme of the meeting that define the present moment and shape the years to come.

The program will focus on six thematic columns. These include increasing global and regional cooperation; How to restore stability in the new era of geopolitical conflict and tension, as well as in the progress of trade, prosperity and partnership; And securing economic recovery and creating a new era of growth.

These include how to stabilize the real economy and financial system, as well as determine the future of balanced growth, globalization and development; And to build a healthy and just society.

Leaders will discuss how to move beyond the epidemic of health epidemics, rebuilding and strengthening health resilience to future threats, as well as investing in better jobs, living wages, skills and education, not forgetting to redefine stakeholder capitalism. A new topic.

More than 1,250 private sector leaders will participate, along with nearly 100 global innovators and technology pioneers – the world’s most promising technology and business start-ups and scale-ups.

Civil society will be represented by more than 200 leaders from NGOs, social entrepreneurs, academia, labor organizations, faith-based and religious groups, and more than 400 media leaders and the reporting press.

The annual meeting with the forum’s Global Shaper and 100 members of the Young Global Leader community will also bring together the younger generation.

(Except for the title, this story was not edited by NDTV staff and was published from a syndicated feed.)

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