Major global challenges: WEF summit to seek answers
The World Economic Forum (WEF) Annual Meeting 2015 to be held from
Wednesday to Saturday in Davos of Switzerland would serve as a platform
looking for solutions to major challenges faced by the world, said the
organisation on Wednesday.
Over 2,500 participants from more than 140 countries representing
business, government, international organisations, academia, civil
society and the media are expected to participate in this year's annual
gathering, WEF sources said.
The upcoming meeting is to be framed around 10 major global
challenges, namely: environment and resource scarcity, employment skills
and human capital, gender parity, long-term investing, infrastructure
and development, food security and agriculture, international trade and
investment, the future of the internet, global crime and
anti-corruption, social inclusion, and the future of financial systems.
Addressing a pre-event press conference, Klaus Schwab, founder and
executive chairman of WEF, said 2015 would be a 'critical' year, being
"a year where we are at a crossroads."
"The world has changed substantially. We are in a post-crisis world.
That is the reason why we have chosen the 'New Global Context' as this
year's theme," said Schwab.
Schwab shared his expectations for the annual meeting, which included
reaching an understanding of the new context and searching for solutions
in such a framework, making contributions to confidence-building efforts
for the conflict areas, and achieving progress in addressing major
According to the WEF, over 40 Heads of State and governments are
expected to be at the four-day meeting where participants can attend the
280 sessions and workshops and exchange opinions on a range of issues.
Chief Economist with WEF, Jennifer Blanke, explained about this
"We have seen that there is a rise in terms of conflict, a lack of
trust in many cases. We felt that it is very important this year to step
back, (to think) what is different about this new global context, how
can we actually restore trust in the global economic and political
system, so we can really expect in future decades a more collaborative
environment," said Blanke.
She highlighted that one of the important issues for this year's
meeting is to bring in the topic of security for the first time.
"We realise that there is a huge interplay between the economic
system and the geopolitical system. It is very important for experts in
both areas to understand each other very well, so we can come up with
better solutions," said Blanke.
Courtesy - Xinhua