With increasing limitations on 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 emissions in China and other large industrial nations. Sputnik / Aleksey Babushkin, © Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests. This page was last edited on 18 January 2021, at 01:20. The Global Education Initiative (GEI), launched during the annual meeting in 2003, brought together international IT companies and governments in Jordan, Egypt, and India[63] that has resulted in new personal computer hardware being available in their classrooms and more local teachers trained in e-learning. – The WEF African 2020 will be held … October 03, 2019: Mr. Ajit Gulabchand, Chairman and Managing Director, HCC attended the World Economic Forum’s 33 rd edition of the India Economic Summit 2019 held on October 03 & 04, 2019 in New Delhi. [22], On October 10, 2016, the WEF announced the opening of its new Center for the Fourth Industrial Revolution in San Francisco. [16] Environmental concerns like extreme weather events, and the failure of climate change mitigation and adaptation were among the top-ranking global risks expressed by WEF attendees. In particular, "Strategic Insight Teams" focus on producing reports of relevance in the fields of competitiveness, global risks, and scenario thinking. "[70], The Environmental Initiative covers climate change and water issues. 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.[55]. The administration has the right to block a user’s access to the page or delete a user’s account without notice if the user is in violation of these rules or if behavior indicating said violation is detected. It contains details about the types of data we collect, how we use it, and your data protection rights. According to the World Economic Forum’s 2018 Executive Opinion Survey, executives in 22 out of 34 countries in sub-Saharan ", "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. The Forum’s first meeting was held on 24 September 2013. [33], 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. 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. Users are obliged to speak respectfully to the other participants in the discussion, readers and individuals referenced in the posts. [107], In 2019, the Manager Magazin journalist Henrik Müller argued that the "Davos Man" had already decayed into different groups and camps. In January 2015, it was designated an NGO with "other international body" status by the Swiss Federal Government under the Swiss Host-State Act. PACI is a platform for peer exchange on practical experience and dilemma situations. The theme for this event was “Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution”. [6], Political leaders soon began to use the annual meeting as venue for promoting their interests. UAE, Bahrain and Israel: Peace or Discord? Trump to attend World Economic Forum in Davos, after skipping it last time Published Tue, Dec 17 2019 1:22 PM EST Updated Tue, Jan 14 2020 … He then founded the WEF as a nonprofit organization based in Geneva and drew European business leaders to Davos for the annual meetings each January. 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