Amid threats of new wars, and the risk of further rises to inflation following the attacks on shipping in the Red Sea, the 54th Annual Meeting of the World Economic Forum (WEF) in Davos, has arrived at a time when constructive discussion and collaboration is desperately needed.
This year’s meeting, which takes place between 15 to 20 January in the Alpine ski resort of Davos, Switzerland, will host an estimated 60 heads of state and government, 1,600 business leaders, 300 public figures, hundreds of major international organisations, as well as civil society leaders, experts, changemakers, entrepreneurs and academics.
The event provides ample opportunities for international leaders to explore solutions to current world crises, both old and new, as they gather to discuss the meeting’s five sub-themes; the energy and food crises, inflation, technology for innovation, social vulnerabilities and geopolitical risks.
According to the WEF, under this year’s theme ‘rebuilding trust’, the meeting aims to ‘restore collective agency, and reinforce the fundamental principles of transparency, consistency and accountability among leaders.’
“At a time when global challenges require urgent solutions, innovative public-private collaboration is necessary to convert ideas into action,” said Børge Brende, President of the World Economic Forum.
“The Forum provides the structure for developing research, alliances and frameworks that promote mission-driven cooperation throughout the year. [The meeting] will serve as an accelerator of that cooperation, deepening connections between leaders and between initiatives.”
There will also be more than 150 global innovators, tech pioneers and unicorns who are transforming industries. Entrepreneurs will be showcasing local innovations and solutions, in front of more than 150 experts and heads of the world’s leading universities, research institutions and think tanks.
This year’s Annual Meeting will be accessible to the wider public with over 200 sessions live-streamed. These will feature the latest proposals for progress on trade, economic growth, global security, climate and nature action, the energy transition, technological disruption, and health and wellbeing.
Who’s attending Davos this year?
Among the attendees, is Li Qiang, Premier of the People’s Republic of China; Emmanuel Macron, President of France; Ursula von der Leyen, President of the European Commission; and Ukraine’s Volodymyr Zelenskyy.
The UK’s Rishi Sunak will not be making the trip to Davos this year, however Labour leader Keir Starmer, Chancellor Jeremy Hunt and shadow chancellor Rachel Reeves will be in attendance.
Rachel Reeves, interviewed at this year’s Davos, had this to say:
“While I’m here in Davos, I have the opportunity to talk to global businesses and global investors and talk to them about the opportunities to create jobs and investment back in Britain…
I’m a huge optimist when it comes to the UK economy… We need to turbo-charge that economic growth, working government and business together to make the most of the opportunities.”