All you need to know about Davos 2018

What is World Economic  Forum?

The World Economic Forum (WEF) is an international organisation for public-private cooperation.

What is the event about?

The World Economic Forum Annual Meeting/Davos 2018 is an event that aims to rededicate world leaders towards improving the state of affairs that the world is in today. It aims to reshape the future by channelizing global effort towards

>Co-designing

>Co-creation

>Collaboration in the world

Where will it take place?

The 48th meeting of the WEF will take place in Davos-Klosters, Switzerland from January 23-26, 2018.

Also known as the Davos Summit, it will bring together academia, heads of the states (Presidents and Prime Ministers), chairs of government and international organizations, leaders of the business industry and members of the civil society arts as well as the media.

This year's meeting is themed 'Creating a Shared Future in a Fractured World'.

WEF/Davos 2018 agenda

The programme has been designed around the following four tracks:

>Driving sustained economic progress

>Navigating a multipolar and multi-conceptual world

>Overcoming divisions in society

>Shaping the agile governance of technology

How to follow WEF/Davos 2018

Meeting spotlight

The meeting will be focusing on looking for ways to regurgitate international cooperation on crucial shared interests, such as

>International security

>Environment

>Global economy

This meeting is happening at a point of time when the geostrategic competition among the states in the world is evidently on the rise.

It also intends to overcome the rifts within the countries that are a result of breakdowns in the social contract caused by failure to protect societies from the transformational impacts of a series of shocks: from globalization to the proliferation of social media and the birth of the Fourth Industrial Revolution.

These have led to

>A loss of trust in institutions

>Damaged the relationship between business and society

Who pays for WEF/Davos?

A majority of the funding for WEF/Davos 2018 comes from the businesses and business entities. These entities happen to join the forum as members and partners who also get to participate in its activities. The membership offered is at different levels in order to meet the strategic needs of the members as well as the partners.

Membership of WEF

Membership and partnership fees range from Swiss Franc CHF60,000 to CHF600,000. This amount depends on the level of engagement. Most types of membership include the opportunity to participate in the Annual Meeting for the CEO of the company. Davos participation incurs a fee over and above membership or partnership fees.

WEF/Davos 2018: What you need to know?

>50 Global Shapers, 35 social entrepreneurs and 80 Young Global Leaders

>32 Technology Pioneers

>70 leaders civil society, labour unions and faith-based organisations

>Over 400 sessions and workshops

>More than 160 sessions webcast live

>Over 3,000 participants from more than 110 countries (21 per cent of them are women)

>More than 340 public figures. These people include over 70 heads of state and government and 45 heads of international organisations

>Over 1,900 business leaders from all industries

>230 media representatives and almost 40 cultural leaders

Co-chairs at the meet

1-Sharan Burrow -General Secretary, International Trade Union Confederation (ITUC)

2- Fabiola Gianotti-Director-General, European Organization for Nuclear Research (CERN)

3-Isabelle Kocher- Chief Executive Officer, ENGIE Group

4- Christine Lagarde-Managing Director, International Monetary Fund

5- Ginni Rometty- Chairman, President and Chief Executive Officer, IBM Corporation

6- Chetna Sinha-Founder and Chair, Mann Deshi Foundation

7- Erna Solberg-Prime Minister of Norway, Office of the Prime Minister of Norway

 

Communities participating

These communities will be attending the World Economic Forum 2018 through an invitation

>Chief executives and chairs of the Forum's 1,000 Partner and Member companies actively engaged in the International Business Council, Community of Chairmen, Industry Governors, Regional Business Councils and System Initiative Stewardship Boards

>Political leaders from the G20 and other countries and heads of international organizations engaged in high-level dialogue facilitated by the Informal Gathering of World Economic Leaders (IGWEL) programme 

>Members of the Forum Global Future Councils, Expert Network and Global University Leaders Forum collaborating with spiritual and cultural leaders and representatives from important civil society, labour and media organizations

>Technology Pioneers, the Community of Global Shapers, the Forum of Young Global Leaders and the Schwab Foundation for Social Entrepreneurship, communities representing a new generation of innovators and entrepreneurs

 

Public figures, heads of the states to be attending

>Argentina: Mauricio Macri, President

>Brazil: Michel Temer, President

>Canada: Justin Trudeau, Prime Minister

>Colombia: Juan Manuel Santos, President

>Côte d'Ivoire: Amadou Gon Coulibaly, Prime Minister

>Denmark: Lars Løkke Rasmussen, Prime Minister

>Ethiopia : Hailemariam Dessalegn, Prime Minister

>European Commission: Jean-Claude Juncker, President

>France: Emmanuel Macron, President

>Germany: Ursula von der Leyen, Federal Minister of Defense

>Greece: Alexis Tsipras, Prime Minister

>Ireland: Leo Varadkar, Prime Minister

>India: Narendra Modi, Prime Minister

>Iraq: Haidar Abadi, Prime Minister

>Islamic Republic of Iran: Javad Zarif, Minister of Foreign Affairs

>Israel: Benjamin Netanyahu, Prime Minister

>Italy: Paolo Gentiloni, Prime Minister

>Jordan: Abdullah II Ibn Al Hussein, King

>Lebanon: Saad Rafic Hariri, Prime Minister

>Netherlands: Mark Rutte, Prime Minister

>Nigeria: Yemi Osinbajo, Vice-President

>Norway: Erna Solberg, Prime Minister

>Pakistan: Shahid Khaqan Abbasi, Prime Minister

>Palestinian Territories: Rami Hamdallah, Prime Minister

>People's Republic of China: Liu He,  Member, Political Bureau of CPC Central Committee; General Office Director

>Poland: Andrzej Duda, President

>Portugal: António Costa, Prime Minister

>Republic of Korea: Kang Kyung-Wha, Minister of Foreign Affairs

>Rwanda: Paul Kagame, President

>Russia: Arkady Dvorkovich, Deputy Prime Minister

>South Africa: Cyril M. Ramaphosa, Deputy President

>Sweden: Stefan Löfven, Prime Minister

>Switzerland: Alain Berset, President

>Tunisia: Béji Caïd Essebsi, President

>Ukraine: Petro Poroshenko, President of Ukraine

>United States of America: Donald Trump, President

>United Kingdom: Theresa May, Prime Minister

>Zimbabwe: Emmerson Mnangagwa, President

Participants from international organisations

>Roberto Azevêdo, Director-General, World Trade Organization

>David Beasley, Executive Director, United Nations World Food Programme

>Patricia Espinosa Cantellano, Executive Secretary, United Nations Framework Convention on Climate Change

>Filippo Grandi, High Commissioner for Refugees, United Nations High Commissioner for Refugees

>Tedros Adhanom Ghebreyesus, Director-General, World Health Organization

>Angel Gurría, Secretary-General, Organisation for Economic Co-operation and Development

>Antonio Guterres, Secretary-General, United Nations

>Jim Yong Kim, President, World Bank

>Peter Maurer, President, International Committee of the Red Cross

>Guy Ryder, Director-General, International Labour Organization

>Erik Solheim, Executive Director, United Nations Environment Programme

Dress code

>Business casual (no tie) is appropriate during the Annual Meeting. Black tie or traditional national dress is required for the Soirée on January 26.

Key speakers

>This year's opening address will be delivered by Narendra Modi, Prime Minister of India.

>Donald Trump, President of the United States of America, will deliver a keynote address before the close of the meeting.

Recipients of 24th Annual Crystal Awards

>Cate Blanchett

>Elton John

>Shah Rukh Khan