World Economic Forum

2727:

that she wouldn’t be able to continue working at the same pace, people familiar with the incident said, and told her she wasn’t suited for her new leadership role. A fourth allegation was that Schwab ordered the firing of all individuals over 50 years of age at the WEF, which then HR-chief Paolo Gallo refused to do. After this, Schwab allegedly fired Gallo. The article then went on to discuss alleged misconduct by other high-ranking WEF officials, which was not directly related to Schwab. The WSJ article quoted the WEF's response to the specific allegations against Schwab, which the authors had gathered before publishing the article, as: "Schwab has never made sexual advances toward an employee and the women's' allegations were vague and false" and that “Mr. Schwab does not and has never engaged in the vulgar behaviors you describe”. Three days later, the WSJ article was reported on, separately and respectively, in Swiss daily newspapers

604: 1781: 619: 580: 3199:

statue replicas of parts of temple complex were installed outside the Davos Congress Centre. Critics have said that after assuming control, Doğuş Group, on the advice of WEF, ceased excavation work and instead focused on developing the site for tourism, resulting in interventions that have been criticized for potentially compromising the site's archaeological integrity. The WEF connection has also prompted conspiracy theories regarding the discovery of unexcavated structures at Göbeklitepe, the sudden death of the head excavator, and, after Doğuş Group took control, the halting of future excavations at the site and the forestation of large areas of the site said to contain those unexcavated structures.

630: 1887: 1963: 2042: 321: 10021: 2852: 9693: 460: 1289:

their industry and/or region. Membership is stratified by the level of engagement with forum activities, with the level of membership fees increasing as participation in meetings, projects, and initiatives rises. In 2011, an annual membership cost $ 52,000 for an individual member, $ 263,000 for "Industry Partner" and $ 527,000 for "Strategic Partner". An admission fee costs $ 19,000 per person. 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).

3345: 1338:. Not all the journalists are given access to all areas, however. This is reserved for white badge holders. "Davos runs an almost caste-like system of badges", according to BBC journalist Anthony Reuben. "A white badge means you're one of the delegates – you might be the chief executive of a company or the leader of a country (although that would also get you a little holographic sticker to add to your badge), or a senior journalist. An orange badge means you're just a run-of-the-mill working journalist." All 1303: 312: 2762:. In this study, the richest 1% of people in the world own 48% of the world's wealth. At the 2019 meeting, she presented another report claiming that the gap between rich and poor has only increased. 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%. Oxfam calls for a global tax overhaul to increase and harmonise global tax rates for corporations and wealthy individuals. 2124:(CEPI), a global initiative to fight epidemics, was launched at WEF in Davos. The internationally funded initiative aims at securing vaccine supplies for global emergencies and pandemics, and to research new vaccines for tropical diseases, that are now more menacing. 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. 3317: 3331: 10506: 73: 188: 9652: 3303: 130: 32: 2628: 596: 2810:"Davos Man", refers to a global group whose members view themselves as completely "international". 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 4445: 2792:, a Dutch historian invited to a 2018 WEF panel on inequality, went viral when he suggested that the best way for the attendees to attack inequality was to stop avoiding taxes. Bregman described his motivation, saying "it feels like I’m at a firefighters’ conference and no one’s allowed to speak about water". 7843: 4442: 3072:

to end it. They see such an agreement as a "disturbing corporate capture of the UN, which moved the world dangerously towards a privatised global governance". The Dutch Transnational Institute think tank summarises that we are increasingly entering a world where gatherings such as Davos are "a silent

2880:

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. In their view, it was however questionable to what extent the Swiss population or global

2863:

Critics argue that the WEF, despite having reserves of several hundred million Swiss francs and paying its executives salaries of around 1 million Swiss francs per year, would not pay any federal tax and moreover allocate a part of its costs to the public. Following massive criticism from politicians

2726:

is accused by former WEF employees of having engaged in two instances of sexual harassment. Furthermore, a former employee alleges that she was "pushed out" from her role as leader of an initiative for startups, following a brief trial period, after telling Schwab she was pregnant. Schwab grew upset

2095:

The "Risk Response Network" produces a yearly report assessing risks which are deemed to be within the scope of these teams, have cross-industry relevance, are uncertain, have the potential to cause upwards of US$ 10 billion in economic damage, have the potential to cause major human suffering,

1327:, capital markets, wealth management, international conflicts, environmental problems and their possible solutions). The participants also take part in role playing events, such as the Investment Heat Map. Informal winter meetings may have led to as many ideas and solutions as the official sessions. 795:

In late 2015, the invitation was extended to include a North Korean delegation for the 2016 WEF, "in view of positive signs coming out of the country", the WEF organizers noted. North Korea has not been attending the WEF since 1998. The invitation was accepted. However, WEF revoked the invitation on

3165:

criticised in a controversial interview that people like WEF founder Schwab were sitting "on the throne of their wealth" and were not touched by the everyday difficulties and sufferings people face e.g. due to the COVID-19 pandemic. On the contrary, such elites would see crises as an opportunity to

3144:

investigated the sociological impact of the WEF. It concluded that the WEF do not solve issues such as poverty, global warming, chronic illness, or debt. The Forum has, according to the study, simply shifted the burden for the solution of these problems from governments and business to "responsible

2470:

launched the 'UN Race-to-Zero Emissions Breakthroughs'. The aim of the campaign is to transform 20 sectors of the economy in order to achieve zero greenhouse gas emissions. At least 20% of each sector should take specific measures, and 10 sectors should be transformed before COP 26 in Glasgow.

1288:

The foundation is funded by its 1,000 member companies, typically global enterprises with more than five billion dollars in turnover (varying by industry and region). These enterprises rank among the top companies within their industry and/or country and play a leading role in shaping the future of

3212:

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. He mentioned that the preparation of the COVID-related meeting in Singapore in 2021/2022 had

3091:

received a refusal of its accreditation request for the annual meeting with the editors and subsequently accused the World Economic Forum of favoring specific media outlets. The newspaper highlighted that the WEF stated in its refusal message that it prefers media outlets it works with throughout

2534:

The Global Shapers Community (GSC), an initiative of World Economic Forum, selects young leaders below 30 years old to be change agents in the world. Global Shapers develop and lead their city-based hubs to implement social justice projects that advance the mission of World Economic Forum. The GSC

2430:

joined the initiative. The forum stated that: "Nature-based solutions – locking-up carbon in the world's forests, grasslands and wetlands – can provide up to one-third of the emissions reductions required by 2030 to meet the Paris Agreement targets," adding that the rest should come from the heavy

1330:

At the 2018 annual meeting, more than 3,000 participants from nearly 110 countries participated in over 400 sessions. Participation included more than 340 public figures, including more than 70 heads of state and government and 45 heads of international organizations; 230 media representatives and

3052:

Critics emphasise that the annual meeting of the World Economic Forum is counterproductive when combating pressing problems of humanity such as the climate crisis. Even in 2020, participants travelled to the WEF annual meeting in Davos on around 1,300 private jets while the total emissions burden

1996:

The group of Young Global Leaders consists of 800 people chosen by the WEF organizers as being representative of contemporary leadership. After five years of participation they are considered alumni. The program has received controversy when Schwab, the founder, admitted to "penetrat" governments

1981:

Every year regional meetings take place, enabling close contact among corporate business leaders, local government leaders, and NGOs. Meetings are held in Africa, East Asia, Latin America, and the Middle East. The mix of hosting countries varies from year to year, but consistently China and India

1904:

from 2014 found that the vast majority of participants are male and more than 50 years old. 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). Academia, which had

2973:

saw the situation as academic, cultural, media and economic elites grasping for social power while disregarding political decision processes. A materially well-endowed milieu would in this context try to "cement its dominance of opinion and sedate ordinary people with maternalistic-paternalistic

2020:

as a key element to advance societies and address social problems. 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. At the annual meeting 2003, for example,

3198:

site transferred to the Doğuş Group, a Turkish conglomerate, with WEF also having an unclarified management input. The announcement of Dogus Group taking over the Göbeklitepe site was made at the 2016 World Economic Forum in Davos. A presentation on Göbeklitepe formed a keynote address and ice

2899:

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". The World Economic Forum has in this context filed legal complaints

2821:

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. They promote common ideas, and serve common interests: their own."

3269:

have been held every year since 2000. It is a counter-event to the annual meeting of the World Economic Forum (WEF) in Davos. Public Eye Awards is a "public competition of the worst corporations in the world." In 2011, more than 50,000 people voted for companies that acted irresponsibly. At a

3004:

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. There are no further details provided to what asset classes or

2253:

the GDP is 4 times smaller than in many countries in Western Europe and North America, but people live longer and better. An American study shows that those whose income is higher than $ 75,000, do not necessarily have an increase in well-being. To better measure well-being, the New Economics

835:

defended the global economic scheme, and portrayed China as a responsible nation and a leader for environmental causes. He sharply rebuked the current populist movements that would introduce tariffs and hinder global commerce, warning that such protectionism could foster isolation and reduced

3129:

described that the WEF's initiatives like the "Great Reset" were simply a "coronavirus-themed rebranding" of things that the WEF was already doing and that it was an attempt by the rich to make themselves look good. In her opinion, "the Great Reset is merely the latest edition of this gilded

571:

The World Economic Forum and its annual meeting in Davos have received criticism over the years, including allegations of the organization's corporate capture of global and democratic institutions, employer misconduct and harassment, institutional whitewashing initiatives, the public cost of

3000:

journalist Jürgen Dunsch criticized that financial reports of the WEF were not very transparent since neither income nor expenditures were broken down. In addition, he outlined that the foundation capital was not quantified while the apparently not insignificant profits would be reinvested.

1917:

has identified a total of 436 listed corporates that participated in the annual meeting while measuring a stock underperformance by the Davos participants of around −10% versus the S&P 500 during the same year. Drivers are among others an overrepresentation of financial companies and an

2786:, the phrase went viral, eliciting strongly negative reactions from mostly conservative but also some left-wing and unaffiliated commentators. Responding to viral social media posts based on the phrase, the WEF denied that it had a goal related to limiting ownership of private property. 3018:

criticised in this context that the WEF had turned into a "money printing machine", which is run like a family business and forms a comfortable way to make a living for its key personnel. The foundation's founder Klaus Schwab draws a salary of around one million Swiss francs per year.

2222:"is more than an economic unit generating wealth. It fulfils human and societal aspirations as part of the broader social system. Performance must be measured not only on the return to shareholders, but also on how it achieves its environmental, social and good governance objectives." 6152: 2835:

Ideologically: the liberal western model is no longer considered a universal role model that other countries strive for (with China's digital totalitarianism or the traditional absolutism in the Persian Gulf as counter-proposals, all of which are represented by government members in

3257:, is held concurrently with the Davos forum, opening up the debate about globalization to the general public. The Open Forum has been held in the local high school every year, featuring top politicians and business leaders. It is open to all members of the public free of charge. 7839: 7731: 3286:

broadcast on 16 January 2015, a public presence during the WEF 2015, may not be guaranteed because the massively increased security in Davos. The Public Eye Award will be awarded for the last time in Davos: "Public Eyes says Goodbye to Davos", confirmed by Rolf Marugg (now

2895:

Women have been broadly underrepresented at the WEF, according to some critics. The female participation rate at the WEF increased from 9% to 15% between 2001 and 2005. In 2016, 18% of the WEF attendees were female; this number increased to 21% in 2017, and 24% in 2020.

3177:

On the other hand, the WEF has been criticized as "hypocritical" towards Palestinian human rights, when it rejected a petition from its own constituents to condemn Israel's aggression against Palestinians. WEF cited the need to remain "impartial" on the issue. However,

8885: 2814:, who is credited with inventing the neologism. In his 2004 article "Dead Souls: The Denationalization of the American Elite", Huntington argues that this international perspective is a minority elitist position not shared by the nationalist majority of the people. 2088:(2007) measured travel and tourism competitiveness; the Financial Development Report (2008) aimed to provide a comprehensive means for countries to establish benchmarks for various aspects of their financial systems and establish priorities for improvement; and the 1310:

The flagship event of the World Economic Forum is the invitation-only annual meeting held at the end of January in Davos, Switzerland, bringing together chief executive officers from its 1,000 member companies, as well as selected politicians, representatives from

567:

Aside from Davos, the organization convenes regional conferences. It produces a series of reports, engages its members in sector-specific initiatives and provides a platform for leaders from selected stakeholder groups to collaborate on projects and initiatives.

2398:

The theme of the 2020 World Economic Forum annual meeting was 'Stakeholders for a Cohesive and Sustainable World'. Climate change and sustainability were central themes of discussion. Many argued that GDP is failed to represent correctly the wellbeing and that

708:

Through the forum's first decade, it maintained a playful atmosphere, with many members skiing and participating in evening events. Appraising the 1981 event, one attendee noted that "the forum offers a delightful vacation on the expense account."

4724: 6149: 3137:, ethicist Steven Umbrello makes parallel critiques of the agenda. He says that the WEF "whitewash a seemingly optimistic future post-Great Reset with buzz words like equity and sustainability" while it functionally jeopardizes those goals. 8553: 863:

while utilizing its resources for food production and export. He stated that "his government will seek to better integrate Brazil into the world by mainstreaming international best practices, such as those adopted and promoted by the

7727: 513:

in turnover – as well as public subsidies, state that its own mission is "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas".

2686:

noted a significant decline in attending protesters, 20 at most during the meeting in 2016. While protesters are still more numerous in large Swiss cities, the protest movement itself has undergone significant change. Around 150

939:

Headquartered in Cologny, the WEF also has offices in New York, Beijing and Tokyo. In January 2015, it was designated an NGO with "other international body" status by the Swiss Federal Government under the Swiss Host-State Act.

8877: 6582: 947:

in San Francisco. According to the WEF, the center will "serve as a platform for interaction, insight and impact on the scientific and technological changes that are changing the way we live, work and relate to one another".

914:

gave a special address at the meeting, thanking the global community for its efforts but also calling for more support. The 2022 Forum was marked by the absence of a Russian delegation for the first time since 1991, which

8767:

Writing about 'The Great Reset' is not easy. It has turned into a viral conspiracy theory purporting to expose something no one ever attempted to hide, most of which is not really happening anyway, some of which actually

854:

gave the keynote address at the plenary session of the conference. On his first international trip to Davos, he emphasized liberal economic policies despite his populist agenda, and attempted to reassure the world that

804:

calling the decision by the WEF managing board a "sudden and irresponsible" move, the WEF committee maintained the exclusion because "under these circumstances there would be no opportunity for international dialogue".

2352:

The Forum emphasized its 'Environment and Natural Resource Security Initiative' for the 2017 meeting to achieve inclusive economic growth and sustainable practices for global industries. With increasing limitations on

2198:, and mining industries at the annual meeting in Davos during January 2004. PACI is a platform for peer exchange on practical experience and dilemma situations. Approximately 140 companies have joined the initiative. 9147: 9642: 2462:, special representative for international climate policy of the Federal Foreign Office in Germany, said that as to the beginning of the forum, fossil fuels still get three times more money than climate solutions. 3035:

criticised that invitations to the annual meeting and programmes of the World Economic Forum are issued according to unclear criteria. They highlight that "despots" such as the son of the former Libyan dictator

2966:

opinion piece, Cas Mudde said that such plutocrats should not be the group to have control over the political agendas and decide which issues to focus on and how to support them. A writer in the German magazine

2262: 7582: 3948: 6330: 3633:"The Great Reset - "The pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world" - Professor Klaus Schwab, Founder and Executive Chairman, World Economic Forum" 6644: 8934: 7338: 894:

In late December 2021, the World Economic Forum said in a release that pandemic conditions had made it extremely difficult to stage a global in-person meeting the following month; transmissibility of the

9590: 7621: 6733: 3228:, the World Economic Forum objected to the use of "Davos" in such contexts for any event not organised by them. This particular statement was issued on 22 October 2018, a day before the opening of 2018 2773:

in 2016 for the WEF, pondering a future in which urban residents would rely on shared services for many expensive items such as appliances and vehicles. Shortly after its publication, a commentator for

9830: 6827: 4720: 2191: 4421: 2479:

In April 2020, the forum published an article that postulates that the COVID-19 pandemic is linked to the destruction of nature. The number of emerging diseases is rising and this rise is linked to

8545: 4952: 4311: 7821: 5261: 8351: 7903: 7514: 9640: 5710: 6380: 3999: 2842:

Economically: the measured economic reality largely contradicts the established ideas of how the economy should actually work (despite economic upswings, wages and prices e.g. barely rise).

9285: 7761: 7113: 7056: 4616: 10468: 9086: 8104: 7949: 3068:

In September 2019, more than 400 civil society organizations and 40 international networks heavily criticised a partnership agreement between WEF and the United Nations and called on the

2937:

Since 2009, the WEF has been working on a project called the Global Redesign Initiative (GRI), which proposes a transition away from intergovernmental decision-making towards a system of

2735:, where WEF further commented that "it is deeply disappointing that the WSJ made provably false allegations" and that there existed a zero-tolerance policy for this sort of misconduct. 8466: 3752: 10298: 10270: 8073: 4392: 2839:

Socially: societies increasingly disintegrate into different groups, each of which evokes its own identity (e.g. embodied through the Brexit vote or congressional blockades in the USA).

7173: 705:, saw the annual meeting expand its focus from management to economic and social issues, and, for the first time, political leaders were invited to the annual meeting in January 1974. 10423: 8903: 8137: 6574: 4465: 3878: 2216:"acts as a steward of the environmental and material universe for future generations. It consciously protects our biosphere and champions a circular, shared and regenerative economy." 4585: 1913:

Next to individual participants, the World Economic Forum maintains a dense network of corporate partners that can apply for different partnership ranks within the forum. For 2019,

671:

and European industrial associations, where Schwab sought to introduce European firms to American management practices. He then founded the WEF as a nonprofit organization based in

8653: 8285: 6981: 6613: 9465: 4555: 4525: 3632: 1950:. The meeting also engages with the next generation of global leaders from fast-growing regions and competitive cities, as well as technology pioneers from around the globe. The 758:

After 9/11, the WEF was held in the U.S., in New York City, for the first time. And in January 2003, U.S. Secretary of State Powell went to the forum to drum up sympathy for the

8961: 6764: 5497: 3096:

deputy head Yves Wegelin called this a strange idea of journalism because in "journalism you don't necessarily have to work with large corporations, but rather critique them".

891:. However, on 17 May the Forum was cancelled; with a new meeting to take place in the first half of 2022 instead with a final location and date to be determined later in 2021. 9815: 8042: 4494: 4030: 9211: 6241: 5080: 2357:

through national interests and trade barriers, the WEF has moved towards a more sensitive and socially-minded approach for global businesses with a focus on the reduction of

1922:

had found similar results in an earlier study, showing an underperformance of Davos participants against both the MSCI World Index and the S&P 500 between 2009 and 2014.

9966: 9641: 7423: 7672: 4647: 2565:'s Sustainable Markets Initiative launched "The Great Reset" project, a five-point plan to enhance sustainable economic growth following the global recession caused by the 9139: 8991: 4922: 4765: 2061:, publishing a wide range of reports. In particular, "Strategic Insight Teams" focus on producing reports of relevance in the fields of competitiveness, global risks, and 7221: 2945:, the Forum is hence planning to replace a recognised democratic model with a model where a self-selected group of "stakeholders" make decisions on behalf of the people. 7399: 6411: 2219:"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." 2212:

In the beginning of the 21st century, the forum began to increasingly deal with environmental issues. In the Davos Manifesto 2020 it is said that a company among other:

9185: 1938:, bringing together 1,500 participants from what the foundation calls Global Growth Companies, primarily from rapidly growing emerging countries such as China, Russia, 931:

In May 2024, WEF announced that Schwab will move from his role as Executive Chairman to Chairman of the Board of Trustees by January 2025. No successor has been named.

10443: 10369: 9596: 7566: 4679: 1815:(133). Among the attendees were heads of state or government, cabinet ministers, ambassadors, and heads or senior officials of international organizations, including: 6322: 9117: 4703: 3005:

individual names the WEF allocates its financial assets of CHF 261 million. From July 2019 to June 2020, the World Economic Forum has spent €250,000 on lobbying the

7266: 6675: 3945: 7878: 7247: 6636: 4063: 2302: 8583: 8189: 7923: 6557: 3494: 656:, it changed its name to the World Economic Forum in 1987 and sought to broaden its vision to include providing a platform for resolving international conflicts. 9524: 8926: 5616: 5558: 7605: 6181: 9780: 4282: 7797: 6921: 6725: 6471: 6299: 3788: 2831:

journalist Henrik Müller argued that the "Davos Man" had already decayed into different groups and camps. He sees three central drivers for this development:

847:(climate change), terrorism and protectionism as the three major global challenges, and expressed confidence that they can be tackled with collective effort. 9251: 8605: 2934:, critics see the WEF as an instrument for political and business leaders to "take decisions without having to account to their electorate or shareholders". 843:

gave the keynote speech, becoming the first head of government from India to deliver the inaugural keynote for the annual plenary at Davos. Modi highlighted

6861: 6816: 4154: 1334:

As many as 500 journalists from online, print, radio, and television take part, with access to all sessions in the official program, some of which are also

8490:"The Role of Public and Private Actors and Means in Implementing the SDGs: Reclaiming the Public Policy Space for Sustainable Development and Human Rights" 6062: 5649: 5467: 4413: 2249:

In 2016 WEF published an article in which it is said, that in some cases reducing consumption can increase well-being. In the article is mentioned that in

10190: 10463: 10052: 7980: 7483: 7704: 4944: 4893: 4308: 4094: 3662: 10448: 9738: 8434: 7452: 7198: 6794: 2314: 209: 202: 7818: 5257: 2667:, by obstructing the path of 200 delegates. Small demonstrations are held in Davos on most but not all years, organised by the local Green Party (see 10047: 9861: 8723: 8341: 8315: 8252: 7025: 5527: 5397: 4849: 4251: 741: 7900: 7506: 4187: 2659:

activists who claimed that capitalism and globalization were increasing poverty and destroying the environment. In 2000, about 10,000 demonstrators

1930:

In 2007, the foundation established the Annual Meeting of the New Champions (also called Summer Davos), held annually in China, alternating between

9925: 9756: 5702: 4368: 556:. The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, 6377: 4443:

Speech by the President of the Republic, Jair Bolsonaro, at the Plenary Session of the World Economic Forum – Davos, Switzerland, January 22, 2019

10042: 9920: 9277: 7753: 7371: 7143: 7105: 7048: 6093: 4608: 2487:. In the article, there are multiple examples of the degradation of ecological systems caused by humans. It is also says that half of the global 2330: 2132: 2121: 9078: 8096: 7941: 10303: 10135: 9851: 8456: 5834: 5428: 3742: 3166:

push through their agendas. He particularly criticised the control such people would exercise on people and their embracement of areas such as

2668: 8218: 8065: 7646: 4866: 4389: 572:

security, the organization's tax-exempt status, unclear decision processes and membership criteria, a lack of financial transparency, and the

7165: 2491:

is moderately or largely dependent on nature. The article concludes that the recovery from the pandemic should be linked to nature recovery.

2013: 8899: 8523: 8160: 8127: 7544: 5153: 4462: 3870: 9572: 4577: 2164: 1951: 899:

and its impact on travel and mobility had made deferral necessary, with the meeting in Davos eventually rescheduled for 22 to 26 May 2022.

9417: 8675:

Steven Umbrello (17 February 2021), "Should We Reset? Eine Rezension von Klaus Schwab und Thierry Mallerets 'COVID-19: The Great Reset'",

5584: 4486: 3845: 10535: 10334: 9811: 8754: 8645: 8275: 6973: 6605: 5804: 4340: 3996: 3414: 3104:

In addition to economic policy, the WEF's agenda is in recent years increasingly focusing on positively connoted activist topics such as

944: 603: 487: 362: 6001: 5744: 10575: 8380: 4547: 4517: 3158: 2900:

against at least three investigative articles by reporters Katie Gibbons and Billy Kenber that were published by the British newspaper

978:, and acts as the executive body of the World Economic Forum. Managing board members are Børge Brende, Julien Gattoni, Jeremy Jurgens, 964: 9366: 8957: 6756: 5030: 2758:

co-chaired the 2015 meeting, where she presented a critical report of global wealth distribution based on statistical research by the

10555: 9825: 5489: 5056: 5004: 2584:. The role of corporations, taxation and more should be reconsidered. International cooperation and trade should be defended and the 2085: 8546:"Corporate capture of global governance: The World Economic Forum (WEF)-UN partnership agreement is a dangerous threat to UN System" 8034: 7284: 4795: 4022: 3213:

created an alternative to its Swiss host and sees the chance that the annual meeting will stay in Davos between 40 and 70 per cent.

2103:. In this report the forum estimated that approximately half of global GDP is highly or moderately dependent on nature (the same as 788:

magazine titled "Boycott Israel", which was distributed to all 2,340 participants of the annual meeting. Following the publication,

10245: 9393: 9207: 6355: 5077: 2418:

an initiative aiming to "grow, restore and conserve 1 trillion trees over the next 10 years around the world – in a bid to restore

2107:'s 2019 assessment report). The report also found that 1 dollar spent on nature restoration yields 9 dollars in economic benefits. 252: 8878:"Vatican Court judge criticizes Bill Gates, George Soros and Klaus Schwab for using Covid to impose 'total control' on population" 7420: 6233: 5131: 3044:

in December 2010 and related violent uprisings against despot regimes, the WEF continued to invite Gaddafi to its annual meeting.

2864:

and the Swiss civil society, the Swiss federal government decided in February 2021 to reduce its annual contributions to the WEF.

10250: 9066: 9033: 7669: 5958: 5928: 4639: 4124: 2931: 881: 224: 8983: 8011: 7218: 4918: 4747: 3524: 1905:

been the basis of the first annual conference in 1971, had been marginalised to the smallest participant group (183 attendees).

1780: 509:

The foundation, which is mostly funded by its 1,000 member companies – typically global enterprises with more than five billion

10570: 10339: 10180: 10160: 9731: 6441: 3233: 3225: 3040:

had been invited to the WEF and even awarded membership in the club of "Young Global Leaders". Even after the beginning of the

797: 736:

at the annual meeting, their first joint appearance outside South Africa. At the 1994 annual meeting, Israeli Foreign Minister

7396: 6403: 5371: 4220: 3221:

As there are many other international conferences nicknamed with "Davos" such as the "Davos of the Desert" event organised by

10260: 9612: 9562: 9540: 9518: 9496: 9459: 9346: 9175: 8509: 8405: 7312: 6272: 5985: 5888: 5235: 5179: 3819: 3696: 3468: 3450: 2535:

has over 10,000 members in 500+ hubs in 154 countries. Some critics see the WEF's increasing focus on activist areas such as

2026: 45: 9703: 6702: 6033: 5341: 4978: 4669: 2576:

and capital. While not abandoning capitalism, he proposes to change and possibly move on from some aspects of it, including

921:

described as signalling the "unraveling of globalization." The former Russia House was used to present Russia's war crimes.

231: 10560: 10433: 10198: 10125: 9820: 8185: 3917: 2306: 2286: 2073: 1828: 9846: 9109: 4700: 1795:

Some 3,000 individual participants joined the 2020 annual meeting in Davos. Countries with the most attendees include the

10458: 9710: 9502: 8854: 7263: 6667: 5314: 5210: 2867:

As of 2018, the police and military expenditures carried by the federal government stood at 39 million Swiss francs. The

2603: 7870: 7244: 6501: 4055: 140: 9488: 7920: 7078: 6552: 3486: 3171: 2766: 2376:, and funded through the Mava Foundation. In 2018, WEF announced that one project within this initiative was to be the 8575: 5606: 5550: 5124:"The Truth About Davos: Here's Why People Happily Pay $ 71,000+ To Come – And Why They'll Keep Paying More Every Year" 2242:. This set of recommendations, endorsed by a global group of CEOs, was presented to leaders ahead of the G8 Summit in 998:

and is guided by a board of trustees that is made up of leaders from business, politics, academia and civil society.

800:, and the country's attendance was made subject to "existing and possible forthcoming sanctions". Despite protests by 238: 10540: 10509: 10453: 10403: 9915: 9892: 9724: 6173: 6127: 2722:

published an article, authored by staff reporters Shalini Ramachandran and Khadeeja Safdar, stating that WEF Founder

2207: 765:

In October 2004, the World Economic Forum gained attention through the resignation of its CEO and executive director

618: 534: 291: 271: 169: 111: 59: 4825: 4274: 2407:

summarized the ideas in the conference as: "The version of capitalism we have today in our world must be reformed".

9956: 9901: 9775: 8929:[Statement on Corona pandemic: Central Council of Jews accuses Cardinal Müller of "anti-Semitic ciphers"]. 7783: 6913: 6463: 6291: 3940: 3774: 2231: 2176: 9237: 7196:"Beating Up – A Report on Police Batons and the News Media at the World Economic Forum, Melbourne, September 2000" 6853: 636:, managing director and current president of the World Economic Forum, at the opening press conference in 2008 in 10565: 10428: 9789: 9657: 6054: 4146: 2471:

According to the organizers, 20% is a tipping point, after which the whole sector begins to irreversibly change.

769:

over the undeclared receipt of more than US$ 900,000 in consultancy fees from the French telecommunications firm

220: 89: 5641: 5463: 1129: 1050: 10006: 6531: 5766: 3720: 3145:

consumers subjects: the green consumer, the health-conscious consumer, and the financially literate consumer."

3028: 2996: 1880: 629: 579: 82: 7972: 7475: 5679: 808:

In 2017, the WEF in Davos attracted considerable attention when, for the first time, a head of state from the

10530: 10282: 10057: 9887: 7696: 4086: 3654: 3409: 3308: 2069: 8430: 7444: 7195: 6891: 6786: 5101: 2750:, which they consider to have been neglected, or even to be exacerbated, through institutions like the WEF. 2092:(2008) presented a cross-country analysis of the large number of measures facilitating trade among nations. 10255: 9794: 9480: 9307: 5393: 3229: 3141: 2938: 2585: 2365: 2294: 2089: 2030: 1973:, chief executive officer, Alcatel-Lucent, France, were the co-chairs of the India Economic Summit 2011 in 8715: 8307: 8244: 7017: 6951: 5519: 4846: 4243: 2187:

Business Foundation to develop public-private partnerships on water management in South Africa and India.

2068:

The "Competitiveness Team" produces a range of annual economic reports (first published in brackets): the

8631: 5860: 4176: 3369: 2652: 2566: 2282: 1918:

underrepresentation of fast-growing health care and information technology businesses at the conference.

1860: 903: 4365: 3910:"1972s – The Triumph of an Idea – Building an International Organization for Public-Private Cooperation" 3186:

called it hypocritical after it voluntarily condemned Russia's aggression against Ukraine months later.

10418: 10265: 9510: 4085:

Department Of State. The Office of Electronic Information, Bureau of Public Affairs (26 January 2003).

3586: 2581: 2459: 2290: 2266: 1969:, chief minister of Maharashtra, India; Sudha Pilay, member-secretary, Planning Commission, India; and 1962: 896: 774: 526: 151: 9012: 7135: 6211: 6084: 1323:

environment. The winter discussions ostensibly focus around key issues of global concern (such as the

1213: 876:

were among the top-ranking global risks expressed by WEF attendees. On June 13, 2019, the WEF and the

10413: 9676: 9554: 8457:"We can't trust the billionaires of Davos to solve a climate crisis they created | Payal Parekh" 7537:"Fact check: The World Economic Forum does not have a stated goal to have people own nothing by 2030" 5283: 3743:"We can't trust the billionaires of Davos to solve a climate crisis they created | Payal Parekh" 3611: 2591:

The forum defines the system that it wants to create as "Stakeholder Capitalism". The forum supports

2148: 1820: 880:

signed a "Strategic Partnership Framework" in order to "jointly accelerate the implementation of the

873: 869: 518: 93: 51: 5826: 5420: 1177: 10545: 10438: 10374: 10364: 10208: 9987: 9877: 9806: 9747: 9443: 8214: 7793: 3784: 3547: 3394: 3105: 3037: 2949: 2648: 2562: 2536: 2239: 2077: 1886: 778: 766: 712:

Political leaders soon began to use the annual meeting as venue for promoting their interests. The

5162: 3162: 3065:(UN) in which selected agencies operate and steer global agendas under shared governance systems. 2980:

furthermore concludes that Davos "represents the exact values people rejected at the ballot box".

2974:

social benefits, so that they are not disturbed by the common people when they steer". The French

2682:

After 2014, the physical protest movement against the World Economic Forum largely died down, and

2041: 245: 10088: 9951: 9800: 9784: 9451: 9242: 9055: 8489: 7536: 7289: 4752: 3364: 3109: 2953: 2942: 2818: 2779: 2775: 2719: 2611: 2540: 2377: 2017: 2012:

Since 2000, the WEF has been promoting models developed by those in close collaboration with the

1342:

debates from the annual meeting also are available on YouTube while photographs are available on

917: 573: 533:" and the "Global Redesign". It states that it views periods of global instability – such as the 198: 9941: 7840:"Das reiche WEF wälzt Kosten für die Sicherheit auf Bund und Kantone ab – das stösst auf Kritik" 2732: 2572:

According to forum founder Schwab, the intention of the project is to reconsider the meaning of

1706:

Globalization 4.0: shaping a global architecture in the age of the fourth industrial revolution

10473: 10165: 10062: 9414: 9247: 7643: 5580: 3838: 2989: 2450:

and remove carbon from the atmosphere. The forum claimed that the climate crisis will become a

2415: 1306:

A sports shop has turned into a temporary informal reception location "Caspian Week", WEF 2018.

1257: 1237: 1094: 1018: 376: 9591:"Everybody's Business: Strengthening International Cooperation in a More Interdependent World" 8782:"Should We Reset? A Review of Klaus Schwab and Thierry Malleret's 'COVID-19: The Great Reset'" 8746: 8346: 6323:"Davos Manifesto 2020: The Universal Purpose of a Company in the Fourth Industrial Revolution" 5796: 4332: 4309:"World Economic Forum revokes invitation to North Korea to attend the annual meeting in Davos" 3174:

condemned this criticism, which is also linked to Jewish financial investors, as antisemitic.

3014: 2147:

gathering, with a total global case number of 274 and total loss of life the virus at 16. The

320: 147: 7681: 6009: 5732: 3419: 3254: 3087: 2599: 2507: 2400: 2326: 2238:

to facilitate a dialogue with the business community to develop recommendations for reducing

2050: 1876: 1788: 1245: 1002: 968: 664: 561: 495: 9362: 8831:"Creating the Responsible Consumer: Moralistic Governance Regimes and Consumer Subjectivity" 7005:

Should We Reset? A review of Klaus Schwab and Thierry Malleret's 'COVID-19: The Great Reset'

614:

shake hands at the annual meeting of the World Economic Forum held in Davos in January 1992.

10240: 10203: 10020: 9672: 9180: 9023: 8373: 5026: 3069: 2811: 2447: 2443: 2391:

and will pass by its weight fishes in the world's oceans. One of the methods is to achieve

1991: 1856: 1824: 1269: 1038: 956: 733: 698: 649: 510: 20: 9698: 7788: 5052: 5000: 3779: 2874: 2746:

A number of NGOs have used the World Economic Forum to highlight growing inequalities and

2454:

if the temperature will rise by 2 degrees. The forum called to fulfill the commitments in

8: 10483: 10408: 10356: 9065:

Archaeology breakthrough as scientists reconsider everything about 'Turkey's Stonehenge'

8494:

Sustainable Development Goals and Human Rights. Interdisciplinary Studies in Human Rights

4787: 4084: 4008: 3379: 3359: 2755: 2738:

In the aftermath of these revelations, some commentators pondered the future of the WEF.

2369: 2354: 2081: 1947: 1852: 1277: 1201: 1114: 1074: 911: 668: 517:

The Forum claims that a globalized world is best managed by a self-selected coalition of

9389: 6726:"One trillion trees – World Economic Forum launches plan to help nature and the climate" 6668:"The story of two brothers who travelled through a river of trash and inspired a nation" 6352: 3839:"The World Economic Forum – A Partner in Shaping History The First 40 Years 1971 – 2010" 3061:

The World Economic Forum's "Global Redesign" report suggests to create "public-private"

2101:

Nature Risk Rising: Why the Crisis Engulfing Nature Matters for Business and the Economy

10170: 9946: 9692: 8846: 8814: 8781: 8701: 8515: 6174:"What we know about the Wuhan coronavirus and urgent plans to develop a vaccine for it" 5123: 3424: 3374: 3322: 2976: 2656: 2451: 2255: 2144: 1784: 1265: 1173: 1098: 1086: 683: 459: 386:

Influencing global agendas and decision making, lobbying for public-private cooperation

9176:"The organizers of Davos want nothing to do with Saudi Arabia's "Davos in the Desert"" 6575:"New global initiative will help harness 4IR technologies tackle environmental issues" 5962: 5936: 4116: 3516: 2431:

industry, finance and transportation sectors. One of the targets is to unify existing

1225: 599:

Professor Klaus Schwab opens the inaugural European Management Forum in Davos in 1971.

502:, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer 10275: 9961: 9608: 9580: 9558: 9536: 9514: 9492: 9455: 9342: 8801: 8688: 8519: 8505: 7613: 7574: 7346: 6433: 6268: 5981: 5740: 4757: 3978: 3815: 3692: 3429: 3279: 3266: 3032: 2969: 2918:, the WEF has had numerous accusations of workplace discrimination against women and 2783: 2671:) to protest against what have been called the meetings of "fat cats in the snow", a 2403:

should be stopped. Many of the participants said that a better capitalism is needed.

2384: 2128: 2062: 2001: 1966: 1832: 1733: 1141: 1137: 1062: 1030: 538: 9044: 7567:"'This is not rocket science': Rutger Bregman tells Davos to talk about tax – video" 3074: 2851: 1161: 1110: 10098: 8838: 8809: 8793: 8696: 8680: 8497: 5363: 4788:"World Economic Forum Annual Meeting 2022, WEF Davos Agenda 2022, Davos 2022 Forum" 4463:

Global tension is hampering our ability to fight climate change, Davos survey warns

4212: 3179: 2869: 2704: 2523: 2519: 2515: 2499: 2439: 2392: 2388: 2322: 2274: 2270: 2140: 2022: 1864: 1844: 1229: 1153: 1145: 1082: 1042: 829: 660: 8606:"Weltwirtschaftsforum in Davos – Keine Akkreditierung für kritische Wochenzeitung" 5885: 5337: 5232: 5176: 9882: 9421: 8646:"The high priests of plutocracy all meet in Davos. What good can come from that?" 8501: 8461: 8276:"The high priests of plutocracy all meet at Davos. What good can come from that?" 8003: 7927: 7907: 7825: 7676: 7650: 7427: 7403: 7270: 7251: 7225: 7202: 6974:"The high priests of plutocracy all meet in Davos. What good can come from that?" 6698: 6561: 6384: 6359: 6156: 6037: 6030: 5892: 5881: 5239: 5183: 5084: 4974: 4853: 4707: 4469: 4449: 4396: 4372: 4315: 4003: 3973: 3957: 3952: 3747: 3336: 3291:

politician), by not directly engaged politicians, and by the police responsible.

3283: 2827: 2751: 2672: 2556: 2511: 2455: 2358: 1339: 1253: 1197: 1181: 1149: 1070: 960: 825: 821: 792:

described the publication as "an unacceptable failure in the editorial process".

724:, helping them turn back from the brink of war. In 1992, South African President 622: 88:

It may require cleanup to comply with Knowledge's content policies, particularly

9896: 8097:"Davos investigation: Champagne flowed and music played as women greeted guests" 7754:"Geld für Sicherheit am WEF – Knurrende Zustimmung vom Ständerat zu WEF-Geldern" 7606:"'This is about saving capitalism': the Dutch historian who savaged Davos elite" 7421:

Richest 26 people now own same wealth as poorest half of the world, Oxfam claims

5258:"Forum Closes with Call to Action: Globalize Compassion and Leave No One Behind" 4945:"New Forum Center to Advance Global Cooperation on Fourth Industrial Revolution" 3565: 3344: 2569:. "The Great Reset" was to be the theme of WEF's annual meeting in August 2021. 1302: 975: 633: 439: 10550: 10235: 9546: 9281: 8797: 8684: 5306: 5202: 3909: 3062: 3006: 2789: 2728: 2688: 2503: 2495: 2423: 2235: 2227: 2226:

The Environmental Initiative covers climate change and water issues. Under the

1998: 1914: 1840: 1800: 1280:, Ivan Pictet, Joseph P. Schoendorf Peter D. Sutherland and Victor L. L. Chu.. 1157: 1106: 1054: 877: 851: 844: 770: 729: 725: 702: 611: 607: 8850: 8830: 3195: 2194:(PACI) was launched by CEOs from the engineering and construction, energy and 1508:

Sustaining growth and bridging the divides: a framework for our global future

10524: 10093: 9971: 9507:

A World Without Walls: Freedom, Development, Free Trade and Global Governance

8805: 8692: 7617: 7578: 7350: 6493: 5453:'s declaration that "the need for global cooperation has never been greater". 4761: 3982: 3384: 3167: 3121: 2759: 2660: 2577: 2480: 2432: 2318: 2298: 2046: 1970: 1900: 1836: 1796: 1324: 1221: 1022: 1006: 983: 840: 817: 759: 744: 687: 9424:. Schweizer Radio und Fernsehen, 16 January 2016. Retrieved 20 January 2015. 9339: