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World Economic Forum in Davos returns to former glory

World Economic Forum in Davos returns to former glory

Tokyo (SCCIJ) – The 53rd World Economic Forum will take place in Davos from 16-20 January. This time, under the theme of ‘Cooperation in a Fragmented World’, the focus is climate protection, inflation, food security, and the war in Ukraine. 52 heads of state and government and 2,700 leaders from government, business, and civil society are coming to Switzerland.

World Economic Forum in Davos returns to former glory

After three years, the World Economic Forum takes place in January and in person again (© WEF).

Crisis-related agenda

The last regular winter meeting of the World Economic Forum (WEF) was in 2020 – only a few weeks before the pandemic severely hit international travel. The following year, 2021, the WEF meeting remained purely virtual because of the pandemic. And in 2022, it was postponed to early summer.

The agenda of this year’s meeting in Davos is determined by multiple crises that are deepening divisions and fragmenting the geopolitical landscape. Leaders must address people’s immediate, critical needs while also laying the groundwork for a more sustainable, resilient world by the end of the decade, the WEF said in a press release.

“To address the root causes of this erosion of trust, we need to reinforce cooperation between the government and business sectors, creating the conditions for a strong and durable recovery,” said Klaus Schwab, Founder and Executive Chairman of the WEF. “At the same time, there must be the recognition that economic development needs to be made more resilient, more sustainable and nobody should be left behind.”

Highest ever participation

The program of the 53rd meeting focuses on solutions and public-private cooperation to tackle the world’s most pressing challenges. It encourages world leaders to work together on the interconnected issues of energy, climate and nature; investment, trade and infrastructure; frontier technologies and industry resilience; jobs, skills, social mobility and health; and geopolitical cooperation in a multipolar world. Special emphasis is on gender and geographical diversity across all sessions.

This year will bring about the highest-ever business participation at Davos, with over 1,500 leaders registered across 700 organizations, including over 600 of the world’s top CEOs from the World Economic Forum’s Members and Partners, with top-level representation from sectors such as financial services, energy, materials and infrastructure, information and communication technologies.

Meeting of innovators

They come as governments increasingly look to business to take big ideas and put them into action quickly and inclusively. There will also be a strong representation of Global Innovators who are transforming industries, with more than 90 mission-driven leaders from the Forum’s Technology Pioneers and recently launched Unicorn communities.

Among the new initiatives at the Annual Meeting is the Global Collaboration Village, a purpose-driven metaverse that fosters more sustainable public-private collaboration and spurs action to deliver impact at scale. The first-ever metaverse multilateral meeting hosted by the Forum will bring together experts and leaders from finance, food, and retail to drive action on ocean health and seafood waste.

Text: WEF (editing by SCCIJ)

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