In 2000, about 10,000 demonstrators disrupted a regional WEF meeting in Melbourne, by obstructing the path of 200 delegates. The WEF purchases carbon offset credits to offset all attendees' flights, but such programs can have mixed results, according to CNN Business. The exception: Gautam Adani, chairman of Indias Adani Group and currently the third-richest personin the world, according to Forbes. This year's event is expected to draw almost 1,000 speakers from 71 countries, including heads of state, national leaders, EU Commissioners, and heads of international organizations.. An American study shows that those whose income is higher than $75,000, do not necessarily have an increase in well-being. [138] In his 2004 article "Dead Souls: The Denationalization of the American Elite", Huntington argues that this international perspective is a minority elitist position not shared by the nationalist majority of the people. Mohammad Sammour - Global Director of Programs - LinkedIn Membership is stratified by the level of engagement with forum activities, with the level of membership fees increasing as participation in meetings, projects, and initiatives rises. Advises clients and serves as our global chief marketing officer; leads the firms environmental, social, and governance initiatives, Fabian serves as the Managing Partner of McKinsey Germany and Austria, Leads research on economic and business trends and works with companies to develop business strategies and transformations. The invitation was accepted. Faced with these dire conclusions, world leaders at WEF, at least rhetorically, rose to the occasion. Accommodations in Davos don't come cheap either. The list of everyone attending Davos this year - Quartz ", "We understand that the world is very complex and that change doesnt happen overnight. [25], In late 2015, the invitation was extended to include a North Korean delegation for the 2016 WEF, "in view of positive signs coming out of the country", the WEF organizers noted. [20], In October 2004, the World Economic Forum gained attention through the resignation of its CEO[21] and executive director Jos Mara Figueres over the undeclared receipt of more than US$900,000 in consultancy fees from the French telecommunications firm Alcatel. While protesters are still more numerous in large Swiss cities, the protest movement itself has undergone significant change. It consciously protects our biosphere and champions a circular, shared and regenerative economy. This year, there is only one G8 leader: Olaf Scholz, the chancellor of Germany. The female participation rate at the WEF increased from 9% to 15% between 2001 and 2005. The world's richest 10 men saw their collective wealth more than double between March 2020 and November 2021. ` I7i"**|a CEp1M.GvmfCpf[40iJ}+BlmymjPD/*F$AiYm?rT ~p>Ae\A=_z!9v E^A5Qq1;9XmV`!-f Y]\fvo^f8q9|E1Uo!+{+EG-}>Vgy'Z} n-SN]OsNI\t(C411|a0Nc,'0%|`|6&Nru-Zlon./TM=!FMB'`R43xH16g{XP( pEc Can I integrate infographics into my blog or website? How the Davos Agenda 2021 outlined a path for global cooperation, Fostering Responsible AI Leadership (Option 2) | DAVOS AGENDA 2021, A vaccination race between nations can have no winners, Head of Digital and Marketing; Member of the Executive Committee, is affecting economies, industries and global issues, with our crowdsourced digital platform to deliver impact at scale. [167] They see such an agreement as a "disturbing corporate capture of the UN, which moved the world dangerously towards a privatised global governance". V?~{jSq In 1992, South African President F. W. de Klerk met with Nelson Mandela and Chief Mangosuthu Buthelezi at the annual meeting, their first joint appearance outside South Africa. Socially: societies increasingly disintegrate into different groups, each of which evokes its own identity (e.g. [34][35][36] However, on 17 May the Forum was cancelled; with a new meeting to take place in the first half of 2022 instead with a final location and date to be determined later in 2021. [56], At the 2018 annual meeting, more than 3,000 participants from nearly 110 countries participated in over 400 sessions. [114], The Global Shapers Community (GSC), an initiative of World Economic Forum, selects young leaders below 30 years old based on their achievement and potential to be change agents in the world. sports and entertainment. [161], In 2017, the former Frankfurter Allgemeine Zeitung journalist Jrgen Dunsch criticized that financial reports of the WEF were not very transparent since neither income nor expenditures were broken down. Oxfam, the anti-poverty nonprofit, separately found that while theworlds 1,000 richest people recouped their losses during the pandemic in a matter of months, it could take more than a decade for the worlds poorest to recover from its economic impact. 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. [146] Even after the beginning of the Arab spring in December 2010 and related violent uprisings against despot regimes, the WEF continued to invite Gaddafi to its annual meeting. In this report the forum estimated that approximately half of the global GDP is dependent highly or moderately on nature and 1 dollar spent on nature restoration yields 9 dollars in profit. The Public Eye Award will be awarded for the last time in Davos: Public Eyes says Goodbye to Davos, confirmed by Rolf Marugg (now Landrats politician), by not directly engaged politicians, and by the police responsible.[193]. Oxfam calls for a global tax overhaul to increase and harmonise global tax rates for corporations and wealthy individuals. please include a backlink to the respective infographic URL. The World Economic Forum (WEF) postponed its annual meeting in Davos-Klosters, Switzerland from January 2021 to "early next summer." Countless business leaders, 53 heads of state, and a. In the United States, the controversy over the GameSpot stock, involving amateur retail investors who organised online to disrupt the schemes of hedge funds, is an example of populist scorn held by many for the type of institutional investors who attend Davos each year. The Forum welcomed more than 1,500 attendees from 50 countries. [160] The French Les Echos furthermore concludes that Davos "represents the exact values people rejected at the ballot box". Furthermore, the WEF is criticized as "hypocritical" towards Palestinian human rights when it rejected a petition from its own constituents to condemn Israel's aggression against Palestinians, claiming it is an "impartial" organization, and then a few months later voluntarily condemned Russia's aggression against Ukraine. 2022 - Annual Meeting 1/41 World Economic Forum Annual Meeting List of Participants As of 17 November 2021 Davos-Klosters, Switzerland, 17 21 January 2022 Andrey L. Kostin Russian Federation . [123], In Entrepreneurship, Bucharest has hosted the Social Impact Award since 2009. [71] 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. As a reaction to criticism within Swiss society, the Swiss federal government decided in February 2021 to reduce its annual contributions to the WEF. Roe v Wade: Which US states are banning abortion? When publishing one of these graphics, The six-day event will be held . TheGlobal AI Action Alliance will identify tools and best practices to safely and ethically use AI, which is projected to contribute more than $14 trillion to the global economy by 2035. Who else is going? Feel free to contact us anytime using our contact form or visit our FAQ page. What will new British PM Liz Truss do on LGBTQ+ issues? World Economic Forum - Home Apologies - this section of our website is currently unavailable In the meantime, please use the contact information below for any website related inquiry or general questions. [133], After 2014, the physical protest movement against the World Economic Forum largely died down, and Swiss police noted a significant decline in attending protesters, 20 at most during the meeting in 2016. as well as other partner offers and accept our. Climate change and sustainability were central themes of discussion. Davos Agenda Summit 2021: Find out key events, themes - MoneyControl [104], The World Economic Forum is working to eliminate plastic pollution, stating that by 2050 it will consume 15% of the global carbon budget and will pass by its weight fishes in the world's oceans. Meetings are held in Africa, East Asia, Latin America, and the Middle East. [69], 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. One of the methods is to achieve circular economy. We understand that the world is complex and that change doesnt happen overnight, but youve now had more than three decades of blah, blah, blah how many more do you need? [citation needed]. 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. Anyone coming to represent a company is charged 27,000 Swiss francs ($28,000) to attend, while activists and political leaders can come free of charge. This year, the WEF publicly released its list without names of participants and cited the European data-privacy law known as GDPR as the reason for doing so. The rich and powerful have postponed their annual descent on a small resort town in Switzerland. "[140], In 2019, the Manager Magazin journalist Henrik Mller argued that the "Davos Man" had already decayed into different groups and camps. "WEF" redirects here. 'l$'ZVcKQ+%/P7}h^vVJ>GW(^3m*)Hw_*L\LZ2R,jDF0yNYmiPNWq+st'GIKY 2-ah0SP8^VhoWJ)uA_JdS_z V+t*iSW IF-R@KY_u},eU%ONh4f$?9#8zMi"vn`aag@/f'D.7O@N9}VuRf`Y;EspY1]L]Tpy;EspNJMhE0+z (@[3(n@Z9 \*1uUlq/Y 5mw3%3Nlk.s(".T&WM:3,m.7Mpok>sQ1n:+i` u[Sl:CY8}-3g4;^=(uyx]\pZ/s on two sectors: "Media and Technology", updated At least 225 million jobs vanished worldwide over the past year losses that were four times larger than those endured in the 2008 global financial crisis according to a report published Monday by the International Labor Organization. current data from the United States and around the industries; and "Economy and Society", which [17], Events in 1973, including the collapse of the Bretton Woods fixed-exchange rate mechanism and the Yom Kippur War, saw the annual meeting expand its focus from management to economic and social issues, and, for the first time, political leaders were invited to the annual meeting in January 1974. It turns into a "veritable fortress" during the event, according to The New York Times' Michael J. de la MercedandRussell Goldman. At times it has kept the list private, released it in full, or released it while excluding certain groups of people. Even though the main conference has been rescheduled, WEF still plans to host a series of digital discussions on their original dates in January. [69], 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, India, Russia, Mexico, and Brazil, but also including quickly growing companies from developed countries. ", Discussed the issue of climate change and called to expanding. We show how coronavirus is impacting the lives of vulnerable people globally. [9], In a 2017 interview, Schwab said that Russian President Vladimir Putin had been recognized as a Young Global Leader, and also mentioned Canadian Prime Minister Justin Trudeau: "I have to say, when I mention now names, like Mrs. (Angela) Merkel and even Vladimir Putin, and so on, they all have been Young Global Leaders of the World Economic Forum. embodied through the Brexit vote or congressional blockades in the USA). Our free, fast, and fun briefing on the global economy, delivered every weekday morning. [139], The Transnational Institute describes the World Economic Forum's main purpose as being "to function as a socializing institution for the emerging global elite, globalization's "Mafiocracy" of bankers, industrialists, oligarchs, technocrats and politicians. FILE PHOTO: Swedish climate change activist Greta Thunberg takes part in a climate strike protest during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland January 24, 2020. In the beginning of the 21st century, the forum began to increasingly deal with environmental issues. "My address to the World Economic Forum today. Meanwhile, tens of millions more people around the world were pushed into extreme. Drivers are among others an overrepresentation of financial companies and an underrepresentation of fast-growing health care and information technology businesses at the conference. Resilience | Sustainability | Reimagining Globalization | Inclusion | Space, Don't miss this roundup of our newest and most distinctive insights. They highlight that "despots" such as the son of the former Libyan dictator Saif al-Islam al-Gaddafi had been invited to the WEF and even awarded membership in the club of "Young Global Leaders". Which topics are covered by the "Chart of the Day"? The conference, now in its 50th year, is a perennial draw for the worlds most powerful people to discuss the most pressing issues facing the global economyor at least make them feel like thats what theyre doing. Equality. . Swedish activist Greta Thunberg also made an appearance at Davos with an impassioned speech about climate change. More than1 billion tonnes of foodare wasted every year and agriculture remains a major driver of water use, climate change and nature loss. St. Petersburg International Economic Forum - Wikipedia Kara is a strategic partnerships and external relations expert with international business, finance, and policy experience in the United States, Canada, and Myanmar. [40] The 2022 Forum was marked by the absence of a Russian delegation for the first time since 1991, which The Wall Street Journal described as signalling the "unraveling of globalization. as well as other partner offers and accept our, The New York Times' Michael J. de la MercedandRussell Goldman. [47], The managing board is chaired by the WEF's president, Brge Brende, and acts as the executive body of the World Economic Forum. There are rooftop snipers and airport style-security at the main conference center, the BBC reported. Image:World Economic Forum/Flickr. H[o6 ;4($ ^s i+!EQ6'vt8T3i>{w=EL-CrX*(foGx "[178], In December 2021, the Catholic Cardinal and former Prefect of the Congregation for the Doctrine of the Faith (CDF) Gerhard Ludwig Mller criticised in a controversial interview that people like WEF founder Schwab were sitting "on the throne of their wealth" and were not touched by the everyday difficulties and sufferings people face e.g. The foundation's founder Klaus Schwab draws a salary of around one million Swiss francs per year. The Forum has, according to the study, simply shifted the burden for the solution of these problems from governments and business to "responsible consumers subjects: the green consumer, the health-conscious consumer, and the financially literate consumer. Over 100 countries and regions are represented this year at Davos. The World Economic Forum in Davos is still happening, for now. [162], In a request to the Swiss National Council, the Swiss Green Party criticised that invitations to the annual meeting and programmes of the World Economic Forum are issued according to unclear criteria. Please credit the Thomson Reuters Foundation, the charitable arm of Thomson Reuters, that covers the lives of people around the world who struggle to live freely or fairly. Trump gave a rambling speech Tuesday, saying "America is winning again like never before," but not mentioning his impeachment, Business Insider reported. The report "Public Good or Private Wealth" stated that 2,200 billionaires worldwide saw their wealth grow by 12% while the poorest half saw its wealth fall by 11%. [127] "The Great Reset" was to be the theme of WEF's annual meeting in August 2021. ", "Davos's Global Elite Are Laggards in Stock-Market Performance", "Summer Davos To Put Dalian on Business Map", "Schwab Foundation for Social Entrepreneurship Home", "Global Risks | World Economic Forum-Global Risks", "COVID-19 and nature are linked. The projection featured young people from Kenya, the Philippines, the UK, and Mexico rejecting the Davos script and replacing it with their solutions to inequality. The Delphi Economic Forum 2023 is set to take place from April 26 to April 29 in the historic town of Delphi, Greece, under the theme "Paradigm Shifts".. proper attribution to Statista. Aside from Davos, the organization convenes regional conferences in locations across Africa, East Asia, Latin America, and India and holds two additional annual meetings in China and the United Arab Emirates. Many argued that GDP is failed to represent correctly the wellbeing and that fossil fuel subsidies should be stopped. The list of delegates to the 2020 World Economic Forum in Davos - Quartz Public Eye Awards is a "public competition of the worst corporations in the world." World Economic Forum Annual Meeting 1/11 World Economic Forum Annual Meeting Davos-Klosters, Switzerland, 22 26 May 2022 As of 18 May 2022 List of confirmed Public Figures # of Registered Ministerial Portfolio / Category PFs Heads of State and Government 50 Foreign Affairs 30 Finance / Economy 43 Trade / Commerce / Industry 27 Central Bank 7 On the contrary, such elites would see crises as an opportunity to push through their agendas. Ukraine's president Volodymyr Zelenskyy gave a special address at the meeting,[39] thanking the global community for its efforts but also calling for more support. Can my employer make me get a COVID-19 vaccine? 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. In this edition of, Senior Partner and Managing Partner, Abu Dhabi, Senior Partner and Chief Legal Officer, New York. It also releases research reports such as the Competitiveness Reports and Risk Reports and engages with its members in sector-specific initiatives. As we prepare for a new year and the World Economic Forums Annual Meeting in January, what themes in business, economics, and policy can we expect to surface at Davos 2023? [46], The World Economic Forum claims to be impartial and that it is not tied to any political, partisan, or national interests. For the uninitiated, the event is essentially a gathering of major world figuresheads of state, financiers, medical professionals, etc.who meet to discuss global plans. Managing Partner of McKinsey in France. Data is of registered participants as of January 15th. please visit our agency website, Your contact to the Infographics Newsroom, Find your information in our database containing over 20,000 reports, Our infographics team prepares current information in a clear and understandable format, Relevant facts covering media, economy, e-commerce, and FMCG topics, Use our newsletter overview to manage the topics that you have subscribed to. "A white badge means you're one of the delegates 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. non-commercial websites. According to the Transnational Institute (TNI), the Forum is hence planning to replace a recognised democratic model with a model where a self-selected group of "stakeholders" make decisions on behalf of the people. [55] Informal winter meetings may have led to as many ideas and solutions as the official sessions. [12], The WEF was founded in 1971 by Klaus Schwab, a business professor at the University of Geneva. to significant, quantifiable, scalable, and sustainable DEI impact. | Thomson Reuters Foundation. Approximately 5% of the conference's 2,000-person guest list are billionaires, Bloomberg reported. For other uses, see, It may require cleanup to comply with Wikipedia's content policies, particularly, Environmental footprint of annual meetings, Corporate capture of global and democratic institutions, Non-accreditation of critical media outlets, Quoted by Bill Browder, CEO Hermitage Capital Management, ABC Radio [20 Jan 2023], Learn how and when to remove these template messages, Learn how and when to remove this template message, Center for the Fourth Industrial Revolution, United Nations Economic and Social Council, H.M. Queen Rania Al Abdullah of the Hashemite Kingdom of Jordan, Schwab Foundation for Social Entrepreneurship, Coalition for Epidemic Preparedness Innovations, Swiss Agency for Development and Cooperation, Platform for Accelerating the Circular Economy, National Institute for Public Health and the Environment, Department for Environment, Food and Rural Affairs, Ministry of Infrastructure and Water Management, Anti-WEF protests in Switzerland, January 2003, Congregation for the Doctrine of the Faith, St. Petersburg International Economic Forum, "Are the days of Davos man and woman really over? The WEF has publicized the attendees to varying degrees in recent years. [124] In North America, New York has hosted the OneRise startup accelerator since 2021. [68], An analysis by The Economist from 2014 found that the vast majority of participants are male and more than 50 years old. This chart shows the countries with the most attendees at the World Economic Forum 2020. . ", "Ukraine a 'special case': Is the WEF 'hypocritical' on Palestine? under the Creative Commons License CC BY-ND 3.0, may be used [119][120][121], Projects are divided into 17 areas of impact: Arts and Culture, Cities & Urbanization, Civic Participation, Climate Change, Covid-19 Response, Education, Entrepreneurship, Fourth Industrial Revolution, Gender equality, Global Health, Migration, Shaping the Future, Sustainable Development, Values, Water, #WeSeeEqual, and Workforce and Employment. hb```nf~g`0pL`0 r)}`$xgl!IA &) | @E;&E,9,X03f`:';yv@ ). endstream endobj 2665 0 obj <>/Metadata 53 0 R/Pages 2662 0 R/StructTreeRoot 69 0 R/Type/Catalog/ViewerPreferences 2678 0 R>> endobj 2666 0 obj <>/MediaBox[0 0 604.44 841.8]/Parent 2662 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 2667 0 obj <>stream barely rise). The resort town is a "veritable fortress" during the event, according toThe New York Times' Michael J. de la MercedandRussell Goldman.
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