Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

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 Davos Meet: The Indian delegation includes three Union ministers, two chief ministers and a few state ministers, among others.
After a gap of nearly two-and-a-half years, Swiss ski resort town Davos is set to host the World Economic Forum Annual Meeting yet again with a host of global leaders including from India expected to deliberate over the Ukraine crisis, climate change and a host of other issues affecting the world.

The high-profile annual powwow of the rich and powerful from across the world will begin with a welcome reception on Sunday evening and will continue till Thursday, May 26.

Those scheduled to speak include Ukraine President Volodymyr Zelensky, European Commission President Ursula von der Leyen and German Chancellor Olaf Scholz, among a host of other world leaders.

From India, three Union ministers -- Piyush Goyal, Mansukh Mandaviya and Hardeep Singh Puri -- as well as several state leaders including two chief ministers -- Basavraj S Bommai and Y S Jaganmohan Reddy -- as well as KT Rama Rao from Telangana, Aditya Thackeray from Maharashtra and Thangam Thennarasu, along with several other public figures and a host of CEOs will be discussing key issues over the next six days here.

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

The annual meeting of 2021 could not take place physically, while the 2022 one had to be postponed due to the Covid pandemic.

The World Economic Forum (WEF) said the Annual Meeting 2022 will focus on 'history at a turning point', the theme of the summit.

The issues to be discussed include government policies and business strategies against a backdrop of the global pandemic, and the war in Ukraine and geo-economic challenges.

The meeting convenes at a strategic point where public figures and global leaders will meet in-person to reconnect, exchange insights, gain fresh perspectives and advance solutions.

The meeting's overriding priority is to accelerate progress and make an impact in tackling global challenges and improving the state of the world, the WEF said.

After a two-and-a-half-year hiatus, the meeting will bring together nearly 2,500 leaders and experts from around the globe, all committed to the "Davos Spirit" of improving the state of the world.

Against the backdrop of deepening global frictions and fractures and a once-in-a-century pandemic, the unprecedented global context calls for purpose and resolve, and the meeting's ambition is to rise to these challenges, the WEF said.

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

These include the Reskilling Revolution, an initiative to provide 1 billion people with better education, skills and jobs by 2030; an initiative on universal environmental, social and governance (ESG) metrics and disclosures to measure stakeholder capitalism; and the 1 trillion trees initiative, 1t.org, to protect trees and forests and restore the planet's ecosystems.

With the world at such a critical turning point, global business and government leaders need to work together to develop long-term policies and strategies that will revitalise the hard-hit global economy, strengthen the progress made to advance the Fourth Industrial Revolution and tackle the single greatest threat to humanity -- climate change, said the WEF, which describes itself as an international organisation for public-private partnership.

"The Annual Meeting is the first summit that brings global leaders together in this new situation characterised by an emerging multipolar world due to the pandemic and war.

"The fact that nearly 2,500 leaders from politics, business civil society and media come together in person demonstrates the need for a trusted, informal and action-oriented global platform to confront the issues in a crisis-driven world," said Klaus Schwab, Founder and Executive Chairman, World Economic Forum.

Cutting across the theme of the meeting are several priorities and issues that define the current moment and will shape the years to come.

The programme will focus on six thematic pillars. These include fostering global and regional cooperation; how to restore stability amid a new era of geopolitical conflict and tension as well as advancing trade, prosperity and partnerships; and securing economic recovery and shaping a new era of growth.

These also include how to stabilise the real economy and the financial system, while also determining the future of balanced growth, globalisation and development; and building healthy and equitable societies.

The leaders will also discuss how to move beyond the health emergency phase of the pandemic, rebuilding in its wake and strengthening health resilience for future threats as well as investing in good jobs, living wages, skills and education, not forgetting to redefine stakeholder capitalism for a new context.

Over 1,250 leaders from the private sector will be participating, along with nearly 100 Global Innovators and Technology Pioneers -- the world's most promising tech and business start-ups and scale-ups.

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

The Annual Meeting will also bring together younger generations, with 100 members of the Forum's Global Shaper and Young Global Leader communities participating.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
‘Looks Like a Wig’: Online Users Express Concern Over Kate Middleton
Florida’s Vaccine Revolution: DeSantis Declares War on Mandates
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
"The Situation Has Never Been This Bad": The Fall of PepsiCo
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
The Fashion Designer Who Became an Italian Symbol: Giorgio Armani Has Died at 91
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Druzhba Pipeline Incident Sparks Geopolitical Tensions
Cost of Opposition Leader Péter Magyar's Economic Plan Revealed
Germany in Turmoil: Ukrainian Teenage Girl Pushed to Death by Illegal Iraqi Migrant
United Krack down on human rights: Graham Linehan Arrested at Heathrow Over Three X Posts, Hospitalised, Released on Bail with Posting Ban
Asian and Middle Eastern Investors Avoid US Markets
Ray Dalio Warns of US Shift to Autocracy
Eurozone Inflation Rises to 2.1% in August
Russia and China Sign New Gas Pipeline Deal
Von der Leyen's Plane Hit by Suspected Russian GPS Interference in an Incident Believed to Be Caused by Russia or by Pro-Peace or by Anti-Corruption European Activists
China's Robotics Industry Fuels Export Surge
Suntory Chairman Resigns After Police Probe
Gold Price Hits New All-Time Record
UK Fintechs Explore Buying US Banks
Greece Suspends 5% of Schools as Birth Rate Drops
Apollo to Launch $5 Billion Sports Investment Vehicle
Bolsonaro Trial Nears Close Amid US-Brazil Tension
European Banks Push for Lower Cross-Border Barriers
Poland's Offshore Wind Sector Attracts Investors
Budapest Central European Fashion Week Kicks Off
U.S. Celebrates Labor Day
Hungarian National Team Captain Scores Epic Goal
EU is getting aggressive: Four AfD Candidates Die Unexpectedly Ahead of North Rhine-Westphalia Local Elections
Japanese Customer Sways from VW to BYD after “Unbelievable” Test Drive amid Dealership Expansion
Nestlé Removes CEO Laurent Freixe Following Undisclosed Relationship with Subordinate
Pickles are the latest craze among Generation Z in the United States.
Giuliani Seriously Injured in Accident – Trump to Award Him the Presidential Medal of Freedom
Deadline Day Delivers Record £125m Isak Move and Donnarumma to City
Nvidia Reveals: Two Mystery Customers Account for About 40% of Revenue
Woody Allen: "I Would Be Happy to Direct Trump Again in a Film"
Lula and Putin Hold Strategic BRICS Discussions Ahead of Trump–Putin Summit
White House Eyes Budapest for Peace Talks
Cave Diving Beneath the Streets of Budapest
Another American Restaurant Chain Opens in Budapest
Hungarian Opposition Politician Supports Ukrainian Commander
Opposition Leader Threatens Media Outlets
×