Davos ready to host WEF Annual Meeting, Ukraine Crisis, Climate Change

After a gap of almost two and a half years, the Swiss ski resort town of Davos is once again hosting the annual meeting of the World Economic Forum, where many world leaders, including India, are expected to discuss the Ukraine crisis and climate change. And a host of other problems affecting the world. The high-profile annual powwow of the rich and powerful around the world will begin with a welcome reception on Sunday evening and run until Thursday, May 26.

Ukrainian President Volodymyr Zelensky, European Commission President Ursula von der Leyen and German Chancellor Olaf Schulz, among others, will deliver speeches.

From India, three Union Ministers – Piyush Goyal, Mansukh Mandavia and Hardeep Singh Puri – as well as two Chief Ministers – Basavaraj S Bomai and YS Jaganmohan Reddy – as well as Katie Rama Rao of Telangana, Aditya Thackeray of Maharashtra and several other state leaders. Thangam Thennarasu, along with many other public figures and a host of CEOs, will be discussing key issues here over the next six days. Overall, more than 50 governments or heads of state are expected to attend the annual meeting, which usually takes place here in January when the small town is completely covered in snow, but this time it is a sunny weather. 2021 did not happen physically, while 2022 had to be postponed due to the Covid epidemic.

The World Economic Forum (WEF) says the annual meeting will focus on the theme of the 2022 summit, “A Turning Point in History.” Topics discussed include government policy and business strategies in the context of the global epidemic and the war in Ukraine and the geopolitical challenges. The meeting is held at a strategic point where public figures and world leaders will meet in person to reconnect, exchange insights, gain new perspectives and find solutions in advance. The priority of the meeting is to accelerate progress and address global challenges and make an impact on improving world conditions, the WEF said.

After a gap of two and a half years, this meeting will bring together about 2,500 leaders and experts from around the world, all of whom are committed to the “Davos Spirit” for the betterment of the world. Against the backdrop of deepening global friction and fissures, and against the backdrop of a once-in-a-century epidemic, the unprecedented global context calls for purpose and resolution, and the ambition of the meeting to rise to these challenges, the WEF said. Over the past two years, the World Economic Forum has said, it has strengthened its impact initiatives, which address issues ranging from COVID-19 and climate change to education as well as technology and energy governance.

These include the Recycling Revolution, an initiative to provide advanced education, skills and employment to 1 billion people by 2030; An initiative on universal environmental, social and governance (ESG) metrics and expression for measuring stakeholder capitalism; And 1 trillion tree initiatives, 1t.org, to protect trees and forests and restore the planet’s ecosystem. At a critical juncture in the world, global business and government leaders must work together to develop long-term policies and strategies that will revitalize the severely damaged world economy, strengthen and tackle the progress of the Fourth Industrial Revolution. The single biggest threat to humanity is climate change, the WEF says, describing itself as an international body for public-private partnerships.

“The Annual Meeting is the first summit to bring together world leaders in this new situation, which is characterized by an emerging multifaceted world due to epidemics and war. “The need for a trusted, informal and action-oriented global platform for about 2,500 leaders from politics, business, civil society and the media to come together in person to address the challenges of a crisis-driven world,” said Klaus Schwab, founder and executive chairman of the World Economic Forum.

There are a number of priorities and issues being cut across the theme of the meeting that define the present moment and shape the years to come. The program will focus on six thematic columns. These include increasing global and regional cooperation; How to restore stability in the new era of geopolitical conflict and tension, as well as in the progress of trade, prosperity and partnership; And securing economic recovery and creating a new era of growth.

These include how to stabilize the real economy and financial system, as well as determine the future of balanced growth, globalization and development; And to build a healthy and just society. Leaders will discuss how to move beyond the epidemic of health epidemics, rebuilding and strengthening health resilience to future threats, as well as investing in better jobs, living wages, skills and education, not forgetting to redefine stakeholder capitalism. A new topic.

More than 1,250 private sector leaders will participate, along with nearly 100 global innovators and technology pioneers – the world’s most promising technology and business start-ups and scale-ups. Civil society will be represented by more than 200 leaders from NGOs, social entrepreneurs, academia, labor organizations, faith-based and religious groups, and more than 400 media leaders and the reporting press. The annual meeting will also bring together the younger generation, with 100 members from the forum’s Global Shaper and the Young Global Leader community.

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