World Economic Forum(WEF)

ForumIAS announcing GS Foundation Program for UPSC CSE 2025-26 from 19 April. Click Here for more information.

ForumIAS Answer Writing Focus Group (AWFG) for Mains 2024 commencing from 24th June 2024. The Entrance Test for the program will be held on 28th April 2024 at 9 AM. To know more about the program visit: https://forumias.com/blog/awfg2024

  • World Economic Forum (WEF): It was established by Klaus Schwab in 1971 as a not-for-profit foundation. It was initially named as European Management Forum. Later, it changed its name to the World Economic Forum in 1987.
  • Aim: To improve the state of the world by engaging business, political, academic and other leaders of society to shape global, regional, and industry agendas.
  • Headquarters: Geneva, Switzerland.
  • Reports: a) Global Competitiveness Report b) Global Gender Gap Report c) Global Risks Report and d) Global Travel and Tourism Report among others.

WEF Davos Agenda Summit,2021:

  • It will be organized virtually by the World Economic Forum (WEF).
  • The summit will mark the launch of WEF’s “Great Reset Initiative” which aims to rebuild the economy sustainably following the COVID-19 pandemic.
  • Themes: The seven key themes of the summit are: How to Save the Planet, Fairer Economies, Tech for Good, Society, and Future of Work, Better Business, Healthy Futures and Beyond Geopolitics.

Source: Indian Express 

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