The Davos Aspirations

Media Coverage | January 22, 2020

An independent and impartial international organization for public-private cooperation, the World Economic Forum’s (WEF) primary objective is to improve the state of the world. It is perhaps the only organization of its kind that does not promote any political, commercial or personal interests and unlike other entities it also does not use the names of its participants for promotional purposes.Headquartered in Geneva. TheWEF is independent, impartial and not tied to any special interests. For progress to happen, people from all walks of life with drive and influence must come together to make positive change. Committed to improving the state of the world, this extraordinary international organization for public-private cooperation carefully blends and balances the foremost political, business and other leaders of world society to shape global, regional and industry agendas.

Since its inception in 1970, the WEF has hosted its Annual Meeting at the snowy resort of Davos at the beginning of the new year where world leaders of govt, economy, technology, politics, media and culture get together to discuss global problems and threats that exceed the management abilities of national governments. As many as 3000-3500 participants are drawn from across the world from every sphere of influence. This year marks the 50th anniversary of the Annual Meeting and is being held from Jan 21–24, 2020 under the theme “Stakeholders for a Cohesive and Sustainable World.” The many challenges faced by a complex and interdependent world i.e. economical, environmental, social and technological, cannot be addressed by a company, institution or individual alone.Professor Klaus Schwab, Founder and Executive Chairman of the WEF said, “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." "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 the World Economic Forum was founded for 50 years ago, and it is what we want to contribute to for the next 50 years." This Meeting will seek to engage public and private actors in supporting global, regional and national initiatives that generate positive impact for all stakeholders. Focussing on global, regional and national initiatives that generate positive impact for all stakeholders, four global issues will feature prominently on the agenda i.e. 1) address the urgent climate and environmental challenges harming our ecology and economy 2) transform industries to achieve more sustainable and inclusive business models 3) govern the technologies driving the Fourth Industrial Revolution so they benefit business and society while minimizing their risks to them; and 4) adapt to the demographic, social and technological trends reshaping education, employment and entrepreneurship.

Click here to read the full article on the Daily Times.