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World Economic Forum 2020: Highlights

World Economic Forum 2020: Highlights

On January 21, 2020, the 50th World Economic Forum began at Davos, Switzerland. The four-day event will be held from January 21-24 and will see the participation from over 50 heads of state from 117 nations across the world.

The theme for the forum is: Stakeholders for a Cohesive and Sustainable World.

Key Findings:

  • The first day of the conference saw prominent speakers like US President Donald Trump, young environmental activist Greta Thunberg and the European Commission President Ursula Von Der Leyen. 
  • The annual meeting was formally inaugurated by the Founder and Executive Chairman of WEF, Klaus Schwab.
  • The forum witnessed talks on US-China Relationship that the US shares an extraordinary relationship with Chinese President Xi Jinping. 
  • China would be spending an additional USD 200 billion over the next two years on American services, energy, agriculture and manufactured goods.
  • Also One Trillion Trees initiative: The US has the cleanest air and drinking water on earth and it is the US is committed to conserving the environment. 
  • The US will join the One Trillion Trees initiative which was launched at the World Economic Forum. In doing so, the US will continue to show strong leadership in restoring, growing and better managing the trees and forests.
  • Greta Thunberg delivered her key message on climate change during a session called “Forging a Sustainable Path Towards a Common Future”, alongside other teenage activists. 
  • The World Economic Forum had invited a group of teenage 'change-makers' to Davos 2020 for greater engagement with young people.

World Economic Forum:

The World Economic Forum is a non-governmental organization, which was founded in 1971. The forum aims to improve the state of the world by bringing together key leaders from political, business and academic backgrounds to redefine global, regional and industry agendas. The forum comprises some of the world’s largest corporations.

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