World • 22 January, 2020

The annual meeting of the World Economic Forum is taking place in Switzerland

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The annual meeting of the World Economic Forum (WEF) takes place in Switzerland from 20 to 24 January, 2020. Entrepreneurs, scientists, corporate and political leaders gather in Davos to discuss issues on building sustainable world.

 

The main theme at Davos this year seems to be how to make businesses more climate friendly.

Earlier this week WEF released The Global Risks Report 2020 presenting the major risks the world will be facing in the coming year. It stresses the need for a multistakeholder approach to addressing the world's greatest challenges.

"The global economy is facing an increased risk of stagnation, climate change is striking harder and more rapidly than expected, and fragmented cyberspace threatens the full potential of next-generation technologies — all while citizens worldwide protest political and economic conditions and voice concerns about systems that exacerbate inequality. The challenges before us demand immediate collective action, but fractures within the global community appear to only be widening. Stakeholders need to act quickly and with purpose within an unsettled global landscape" the reports says.

The World Economic Forum (WEF) is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas.

It was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland. It is independent, impartial and not tied to any special interests. The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance. Moral and intellectual integrity is at the heart of everything it does.

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