The World Economic Forum 2022 (WEF) logo may be seen at the meeting center in the Swiss Alpine town of Davos on May 25, 2022. Next week, as the World Economic Forum resumes its winter schedule, a record number of corporate and government executives will travel to the Swiss resort of Davos to discuss issues including the global economic downturn and environmental catastrophe.
The forum, which some have criticized as a talking shop for the jetset that only increases the carbon imprint of the planet, maintains that it has the ability to bring decision-makers together in a globe that is experiencing several crises and rising global distrust.
WEF executive chairman and founder Klaus Schwab said at the pre-meeting press conference that the globe was “trapped in a crisis mindset” due to the Ukraine war, climate change, and simultaneous energy and food shortages.
Schwab referred to a week-long schedule of debate panels, casual get-togethers, and activities titled “Cooperation in a Fragmented World” as “Davos should assist to transform that perspective.”
While the Russian delegation will be noticeably absent, organizers celebrated a record-breaking attendance in terms of participants and diversity, with hopes for a “high-level” Chinese presence.
Along with 56 finance ministers, 19 governors of central banks, 30 ministries of commerce, and 35 ministers of foreign affairs, 52 heads of state and government will attend.
The upscale ski resort will host the largest level of corporate involvement ever with 1,500 company leaders, including 600+ CEOs and the most female executives ever.
There will be numerous sessions devoted to the war, according to the organizers, who also announced that Ukraine, which dominated the forum last year, will send another significant delegation.
There will be discussion about the significance of reskilling workforces, creating adequately compensated employment, and addressing gaps in gender parity and racial fairness as advanced countries throughout the world struggle with tight labor markets.