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In 2016, 18% of the WEF attendees were female; this number increased to 21% in 2017, and 24% in 2020. The GSC has over 10,000 members in 500+ hubs in 154 countries. In second place is the UK with 270 participants. The GHI's mission was to engage businesses in public-private partnerships to tackle HIV/AIDS, tuberculosis, malaria, and health systems. Equality. 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. Keep reading to take a look at how Davos works. sports and entertainment. [11], The cost to be paid by companies for a delegate to the WEF were US$70,000 in the early 2000 years, and in 2022 were US$120,000. North and South Korean officials held their first ever ministerial-level meetings at Davos in 1989, while Greece and Macedonia settled their nearly three-decade-long conflict over Macedonia's name at the event in 2018, according to the BBC. Academia, which had been the basis of the first annual conference in 1971, had been marginalised to the smallest participant group (183 attendees). Even those who don't pay for the conference are still on the hook for the WEF's membership fees, which start at 60,000 Swiss francs ($62,000) per year and can range up to 600,000 Swiss francs ($620,000) depending on the type of membership, according to the BBC. NOW WATCH: A top EY executive who has her pulse on what US business leaders are thinking says she's not worried about a recession, tensions with the United States over the killing of top Iranian general Qassem Soleimani, The New York Times' Michael J. de la MercedandRussell Goldman, Countless business leaders, 53 heads of state, and a handful of celebrities attended last year's meeting, and the. [116] Global Shapers develop and lead their city-based hubs to implement social justice projects that advance the mission of World Economic Forum. The meeting brings together some 3,000 paying members and selected participants among whom are investors, business leaders, political leaders, economists, celebrities and journalists for up to five days to discuss global issues across 500 sessions. Of course, reasons for scepticism abound over the utility of elite gatherings like WEF. Context provides news and analysis on three of the worlds most critical issues: climate change, the impact of technology on society, and inclusive economies. When publishing one of these graphics, [122], In Sustainable Development, the community has launched the Shaping Fashion Initiative involving the hubs of Dusseldorf, Corrientes, Lahore, Davao, Milan, Lyon, Quito, Taipei, and others. Co-leads McKinsey's Coleads the Risk & Resilience Practice; advises leading financial institutions on cybersecurity, strategies for risk management, Chairman of McKinseys offices in Asia; helps McKinseys clients in Asia create change that matters, by building leading institutions Works with key public, private, and social sector institutions to accelerate growth and development in Africa. embodied through the Brexit vote or congressional blockades in the USA). [31], In 2019, Brazilian President Jair Bolsonaro gave the keynote address at the plenary session of the conference. Roe v Wade: Which US states are banning abortion? [98][99] PACE is co-chaired by Frans van Houten (CEO of Philips), Naoko Ishii (CEO of the Global Environment Facility, and the head of United Nations Environment Programme (UNEP). ~}q :,{ Feel free to contact us anytime using our contact form or visit our FAQ page. These enterprises rank among the top companies within their industry and/or country and play a leading role in shaping the future of their industry and/or region. The goal of our 50th Annual Meeting is to establish "stakeholder capitalism" as the best model for delivering sustainable, inclusive growth capable of repairing the inequalities and divisions that have scarred our societies.. Nearly 3,000 people from 117 countries will participate in the 2020 Annual Meeting to advance this vision. The views expressed in this article are those of the author alone and not the World Economic Forum. Looks to bridge the public trust gap and accelerate the transition to cleaner, safer, more inclusive mobility systems. [147][148], Several women have since shared their personal impressions of the Davos meetings in media articles, highlighting that issues were more profound than "a quota at Davos for female leaders or a session on diversity and inclusion". [123], In Entrepreneurship, Bucharest has hosted the Social Impact Award since 2009. that global integration is here to stay, albeit with nuance. 7"aR Saudi Arabia is set to join the world's largest economic forum as it participates in the upcoming St. Petersburg International Economic Forum (SPIEF) 2023. [179][180] The German Central Council of Jews condemned this criticism, which is also linked to Jewish financial investors, as anti-Semitic. Activists say China's new Silk Road equips autocrats with spy tech, worlds 1,000 richest people recouped their losses. However, as this report demonstrates, significant abatement is possible for the auto industry with very little additional added vehicle material cost. Careers in business account for most of the participants' backgrounds (1,595 conference attendees), with the remaining seats shared between government (364), NGOs (246) and press (234). 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. The theme of the 53rd Annual Meeting would be 'Cooperation in a Fragmented World' and it will convene more than 2,700 leaders from 130 countries, including 52 heads of state/government. %PDF-1.7 % Jumping the COVID-19 vaccine line: Where it's happening and what's being done to stop it, Billionaires thriving as poor suffer in widening COVID-19 divide - Oxfam, Climate change less likely to be seen as an emergency in poor nations, (Reporting by Lin Taylor @linnytayls, Editing by Tom Finn. [157], In December 2021, the Dutch government published its past correspondence with representatives of the World Economic Forum, showing extensive interaction between the WEF and the Dutch government. This year, attendees include US President Donald Trump, climate activist Greta Thunberg, Goldman Sachs CEO David Solomon, JP Morgan Chase CEO Jamie Dimon, and Facebook COO Sheryl Sandberg, Business Insider reported. As a reaction to criticism within Swiss society, the Swiss federal government decided in February 2021 to reduce its annual contributions to the WEF. The WEF purchases carbon offset credits to offset all attendees' flights, but such programs can have mixed results, according to CNN Business. [citation needed], Every year regional meetings take place, enabling close contact among corporate business leaders, local government leaders, and NGOs. [115] Ideas and proposals are taken forward for further discussion at the World Economic Forum Annual Meeting in Davos-Klosters in January. The mix of hosting countries varies from year to year, but consistently China and India have hosted throughout the decade since 2000. The Forum welcomed more than 1,500 attendees from 50 countries. Central bankers are level three. An American study shows that those whose income is higher than $75,000, do not necessarily have an increase in well-being. i3a;+u!Brm3y;'u1BgvNjc:'pK&K}e(F&=83R)DXpT\Vom~ ,'#l'zm[AozVmnx|OmVYJ=0pjD`y` @zH,o/q}%'"j _vI`{%4Xl4-!5m2am8E]t{(yq|5=^mAwi7?k6yse&@~Hi6pIxDnn' 9{ endstream endobj 2669 0 obj <>stream Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Its themes include the Russo-Ukrainian War, climate change, energy insecurity and inflation. He says that the WEF "whitewash[es] a seemingly optimistic future post-Great Reset with buzz words like equity and sustainability" while it functionally jeopardizes those goals. [144] The Aargauer Zeitung argued in January 2020 that the additional cost borne by the Kanton Graubnden stand at CHF 9 million per year. 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. To secure a sustainable, inclusive future in a world of continuous, overlapping disruptions, leaders are recognizing the critical need to invest in long-term resilience. At least 20% of each sector should take specific measures, and 10 sectors should be transformed before COP26 in Glasgow. Can I integrate infographics into my blog or website? Access your favorite topics in a personalized feed while you're on the go. 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 The oldest attendee is naturalist and narrator David Attenborough at 92 years old. [77][78] Selected social entrepreneurs are invited to participate in the foundation's regional meetings and the annual meetings where they may meet chief executives and senior government officials. [102], Also in 2017, WEF launched the Fourth Industrial Revolution (4IR) for the Earth Initiative, a collaboration among WEF, Stanford University and PwC, and funded through the Mava Foundation. [164], Critics emphasise that the annual meeting of the World Economic Forum is counterproductive when combating pressing problems of humanity such as the climate crisis. Leads our digital business-building work in Southeast Asia and advises B2B and B2C companies across the continent. '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 Can my employer make me get a COVID-19 vaccine? ", "Reflections On The 2020 World Economic Forum Annual Meeting In Davos", "Pandemic is chance to reset global economy, says Prince Charles", "We must move on from neoliberalism in the post-COVID era", "The world must move on from neoliberalism after the pandemic", "Beating Up A Report on Police Batons and the News Media at the World Economic Forum, Melbourne, September 2000", "Bono Teams Up With Amex, Gap For Product Red", Warum das WEF keine Demonstranten mehr anlockt, Critics of Oxfam's Poverty Statistics Are Missing the Point, Richest 26 people now own same wealth as poorest half of the world, Oxfam claims, "Dead Souls: The Denationalization of the American Elite", "World Economic Forum: A History and Analysis", "Geld fr Sicherheit am WEF - Knurrende Zustimmung vom Stnderat zu WEF-Geldern", "Das reiche WEF wlzt Kosten fr die Sicherheit auf Bund und Kantone ab das stsst auf Kritik", "20.3289 | Was ntzt das WEF der Schweizer Bevlkerung? The plan includes advancing circular economy. The World Economic Forum (WEF) is a Geneva-based non-profit organization best known for its Annual Meeting in Davos, Switzerland, the Annual Meeting of New Champions in China (Summer Davos) and the Summit on the Global Agenda in Dubai. In January 2015, it was designated an NGO with "other international body" status by the Swiss Federal Government under the Swiss Host-State Act. She is a United Way East Ontario Community Builder and an Ottawa Board of Trade & Ottawa Business Journal Forty Under 40 award recipient. Abdullah told world leaders they had a"global responsibility"to. Z=nua%Mum )kZZyM| @R1?q~9yVT AbRwl. on two sectors: "Media and Technology", updated The information about this years attendees was submitted to us anonymously through our Secure Drop portal. While protesters are still more numerous in large Swiss cities, the protest movement itself has undergone significant change. Thats according to the latest Women in the Workplace report from McKinsey, in partnership with LeanIn.Org. [127] "The Great Reset" was to be the theme of WEF's annual meeting in August 2021. The project is funded by private and governmental donors, with an initial investment of US$460m from the governments of Germany, Japan and Norway, plus the Bill & Melinda Gates Foundation and the Wellcome Trust. [75], Since 2000, the WEF has been promoting models developed by those in close collaboration with the Schwab Foundation for Social Entrepreneurship,[76] highlighting social entrepreneurship as a key element to advance societies and address social problems. ck A 1 "HZb``$+@ : endstream endobj startxref 0 %%EOF 2690 0 obj <>stream [58] Not all the journalists are given access to all areas, however. This is reserved for white badge holders. [143], As of 2018, the police and military expenditures carried by the federal government stood at 39 million Swiss francs. [162], Recent annual reports published by the WEF include a more detailed breakdown of its financials and indicate revenues of CHF 349 million for the year 2019 with reserves of CHF 310 million and a foundation capital of CHF 34 million. Managing Partner of McKinsey in France. Serves clients across strategy Drives transformation programs in a number of industries, with a focus on operations, cultural change, and digital turnarounds. Which topics are covered by the "Chart of the Day"? 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%. [149][150][151] The World Economic Forum has in this context filed legal complaints against at least three investigative articles by reporters Katie Gibbons and Billy Kenber that were published by the British newspaper The Times in March 2020. [135], A number of NGOs have used the World Economic Forum to highlight growing inequalities and wealth gaps, which they consider not to be addressed extensively enough or even to be fortified through institutions like the WEF. REUTERS/Denis Balibouse. [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. Quartzs own executive editor Heather Landy and global news editor Samanth Subramanian (, British actor Idris Elba, and his wife Sabrina Dhowre Elba, who is a UN goodwill ambassador, Donald Trumps son-in-law, and founder of private equity firm Affinity Partners, Jared Kushner, Member of the Black Eyed Peas and CEO of i.am/Angel Foundation, will.i.am, also known as Will Adams, Mxima (queen of the Netherlands), Mathilde (queen of the Belgians), and Albert II of Monaco (prince of Monaco). In 2011, more than 50,000 people voted for companies that acted irresponsibly. The World Economic Forum (WEF), a non-profit based in Geneva, states its mission as being "committed to improving the state of the world by engaging business, political, academic, and other. [52] In 2014, WEF raised annual fees by 20 percent, bringing the cost for "Strategic Partner" from CHF 500,000 ($523,000) to CHF 600,000 ($628,000). World leaders were set to attend a variety of speeches, panels, and discussions designed to help chart the global recovery plan for after the coronavirus pandemic. [73], The group of Young Global Leaders[74] consists of 800 people chosen by the WEF organizers as being representative of contemporary leadership. He wont be lonely, though; the heads of at least 40 nations will make an appearance, including Belgium, Colombia, Ecuador, Finland, Greece, Iraq, Korea, Mozambique, Pakistan, South Africa, Spain, and Zimbabwe. Additional attendees include a handful of well-known names, and a bit of royalty: Our free, fast, and fun briefing on the global economy, delivered every weekday morning. Copyright 2020 Thomson Reuters Foundation. [10] The WEF has also been the target of conspiracy theories. This year, there is only one G8 leader: Olaf Scholz, the chancellor of Germany. Our global editorial team of about 55 journalists and more than 350 freelancers covers the lives of people around the world who struggle to live freely or fairly. For more details, review our .chakra .wef-12jlgmc{-webkit-transition:all 0.15s ease-out;transition:all 0.15s ease-out;cursor:pointer;-webkit-text-decoration:none;text-decoration:none;outline:none;color:inherit;font-weight:700;}.chakra .wef-12jlgmc:hover,.chakra .wef-12jlgmc[data-hover]{-webkit-text-decoration:underline;text-decoration:underline;}.chakra .wef-12jlgmc:focus,.chakra .wef-12jlgmc[data-focus]{box-shadow:0 0 0 3px rgba(168,203,251,0.5);}privacy policy. [181], In June 2021, WEF founder Klaus Schwab sharply criticised what he characterized as the "profiteering", "complacency" and "lack of commitment" by the municipality of Davos in relation to the annual meeting. [23], In January 2006, the WEF published an article in its Global Agenda magazine titled "Boycott Israel", which was distributed to all 2,340 participants of the annual meeting. It also releases research reports such as the Competitiveness Reports and Risk Reports and engages with its members in sector-specific initiatives. A weekly update of the most important issues driving the global agenda. Managing board members are Brge Brende, Julien Gattoni, Jeremy Jurgens, Adrian Monck, Sarita Nayyar, Olivier M. Schwab, Saadia Zahidi, and Alois Zwinggi. Davos also has insufficient representation of African and Asian markets, former U.S. Deputy Under Secretary of Commerce for International Trade and Foreign Policy magazine editor David Rothkopf told CBS News. Spieler mit den meisten Toren in der National League in der Schweiz 2021/2022. - McKinsey Global Institute. RiVb:61sH^!1OX4t ", "Meinungsherrschaft Ziemlich verstiegen", "Das Weltwirtschaftsforum ist zu einer Geldmaschine geworden", "We can't trust the billionaires of Davos to solve a climate crisis they created | Payal Parekh", "Terence Corcoran: In Canada, follow the money + the ideas", "Corporate capture of global governance: The World Economic Forum (WEF)-UN partnership agreement is a dangerous threat to UN System", "Nader antwoord op vragen van het lid Van Houwelingen over het karakter van, en de relaties van kabinetsleden met, het World Economic Forum naar aanleiding van antwoorden op eerdere vragen", "Fact Check-World Economic Forum letters show 51st Annual Meeting invites", "Weltwirtschaftsforum in Davos - Keine Akkreditierung fr kritische Wochenzeitung", "Should We Reset? [90], The WHO declared a global health emergency 6 days later.[91]. At the 1994 annual meeting, Israeli Foreign Minister Shimon Peres and PLO chairman Yasser Arafat reached a draft agreement on Gaza and Jericho. ", Discussed the issue of climate change and called to expanding. 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. According to the official list, which is accurate as of Jan. 10, 2,658 attendees are registered for the event. Six of the top 10 tech companies today didnt exist back then. However, anyone there to represent a company is charged 27,000 Swiss francs ($28,000) to attend. A separate list with names is provided to press in attendance; it includes instructions not to release the names of attendees. Attendance is by invitation only, according to CBS News. WEF's event fee income dropped from around $45 million in 2020 to zero in 2021. Davos begins today; here's a list of world leaders attending the event. [171], In addition to economic policy, the WEF's agenda is in recent years increasingly focusing on positively connotated activist topics such as environmental protection[93] and social entrepreneurship,[172] which critics see as a strategy to disguise the organisation's true plutocratic goals. 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? ", "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 World Economic ForumMcKinsey knowledge collaboration on the decarbonization of cement looks to lower emissions through circularity solutions and reducing the need for new virgin components. Share Twitter Facebook LinkedIn Annual Meeting 2019 Participants Women Men Regions Sectors Ages The Annual Meeting in Davos will host more than 3,000 participants from 115 economies. The foundation, which is mostly funded by its 1,000 member companies typically global enterprises with more than US$5 billion in turnover as well as public subsidies, views its own mission as "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas".[2]. The term refers to people who "have little need for national loyalty, view national boundaries as obstacles, and see national governments as residues from the past whose only useful function is to facilitate the elite's global operations" according to political scientist Samuel P. Huntington, who is credited with inventing the neologism. The annual event of business and government leaders is expecting a solid turnout as it returns to its traditional winter time slot following two years of covid disruptions. But the 2021 meeting has been postponed to "early next summer" because of the coronavirus pandemic, WEF announced Tuesday. [105][106], The theme of the 2020 World Economic Forum annual meeting was 'Stakeholders for a Cohesive and Sustainable World'. [110][111], In April 2020, the forum published an article that postulates that the COVID-19 pandemic is linked to the destruction of nature. A total of 159 people are expected from Switzerland and 137 from Germany. They promote common ideas, and serve common interests: their own. Both hotels are sold out during the event. Level seven . It is also says that half of the global GDP is moderately or largely dependent on nature. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Betriebsertrag der HC Davos AG bis 2021/2022, Werbeeinnahmen der HC Davos AG bis 2021/2022, Ticketeinnahmen der HC Davos AG bis 2021/2022, Internetzugang in Schulen in ausgewhlten Lndern 2010, Spieler mit den meisten Toren in der National League in der Schweiz 2021/2022. What good can come from that? please include a backlink to the respective infographic URL. Climate change and sustainability were central themes of discussion. Some critics see the WEF's increasing focus on activist areas such as environmental protection[117] and social entrepreneurship[118] as a strategy to disguise the true plutocratic goals of the organisation. Vanuatu breaks ground with 'loss and damage' in climate plan. [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. Use is, however, only permitted with Without an invite, you weren't even able to access the resort. [51] In 2011, an annual membership cost $52,000 for an individual member, $263,000 for "Industry Partner" and $527,000 for "Strategic Partner". [85][86], The Global Health Initiative was launched by Kofi Annan at the annual meeting in 2002. [132] Small demonstrations are held in Davos on most but not all years, organised by the local Green Party (see Anti-WEF protests in Switzerland, January 2003) to protest against what have been called the meetings of "fat cats in the snow", a tongue-in-cheek term used by rock singer Bono. [145], The Swiss Green Party summarised their criticism within the Swiss National Council that the holding of the World Economic Forum has cost Swiss taxpayers hundreds of millions of Swiss francs over the past decades. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution, Building trust: Heres what you need to know about The Davos Agenda 2021, Davos 2021: Meet the winners of the 27th Annual Crystal Award, These are the worlds greatest threats in 2021. Serves as Asias coleader and Japans leader for McKinsey Sustainabilitythe firms global client service platform to help all Get McKinseys latest insights in your areas of interest through our curated e-mail newslettersdelivered daily, weekly, or monthly. [84], In 2020, the forum published a report named: "Nature Risk Rising". Brings more than 20 years of experience serving a broad set of B2C companies, including in travel, logistics, consumer, and retail, Advises retail and hospitality clients on transforming their performance, health, and capabilities, Creates transformational impact for clients and catalyzes Firms innovations towards delivering holistic impact. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces.

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