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As the world becomes increasingly fragmented and polarized, this year’s World Economic Forum Summit will look for ways to restore and strengthen trust among global stakeholders. The 54th Annual Meeting of the World Economic Forum (WEF) opens on January 15 under the theme “Rebuilding Trust”.
From January 15th to 19th, governments from more than 100 countries and all major international organizations will take part in Davos, Switzerland. It will also be attended by various industrial exporters, news agencies, youth representatives, social entrepreneurs and civil society leaders.
The USA wants to demand a clearer war plan from Zelensky
The US wants Ukraine to clarify its plan to combat the Russian invasion as the war enters its third year, and US President Volodymyr Zelensky is expected to raise the issue in Davos.
Experts expect the US to send a delegation that will include Secretary of State Anthony Blinken, national security adviser Jake Sullivan and special presidential envoy for climate John Kerry – President Joe Biden’s chief climate change negotiator.
U.S. national security adviser Jake Sullivan is likely to raise the issue of the war plan in talks with the Ukrainian leader during the World Economic Forum, and U.S. officials will continue to push the issue in the coming weeks.
Given Ukrainian President Volodymyr Zelenkis’ invitation to the forum, it is expected that Russia will send a low-level delegation to Davos for this reason.
Latvia is represented by President Edgars Rinkēvičs.
Find a way to reduce factors causing conflict
Even if Davos does not offer concrete solutions to problems, experts say it can be seen as an opportunity to reduce the factors that cause global conflicts.
“The WEF’s approach to problem-solving is based on… ‘multi-stakeholder governance,’ meaning that the world’s problems can best be solved by the diverse stakeholders affected by them,” says Jack Copley, assistant professor of international political economy at Durham University, told Al Jazeera.
That’s why WEF’s mission is to provide opportunities to connect and engage with some of the world’s most important decision-makers.
“Like all political forums, the World Economic Forum formulates its goals too optimistically and broadly,” said Wilts. “However, it has been a useful forum for some world leaders to … have informal one-on-one discussions outside of meetings.”
The main problem with this year’s forum is misinformation
Borge Brende, President of the World Economic Forum, says: “The Forum provides a structure for developing research, alliances and systems that promote mission-focused collaboration year-round.”
This year the main topics of the forum are divided into four categories:
- Ensuring security and cooperation in a divided world
- Creating growth and jobs in the new era
- Artificial intelligence as a driver of economy and society
- A long-term strategy in the areas of climate, nature and energy
Furthermore, the summit will aim to restore the core principles of coherence, transparency and accountability among world leaders, as well as the collective essence. It is a “back to basics” that will hopefully improve dialogue between global business, government and civil society leaders so that they can work together to make the most of technological advances in industry, science and society.
Ensuring security and cooperation in a divided world is perhaps one of the most important issues on this year’s agenda, especially in light of protracted conflicts such as the Russia-Ukraine war and the Israel-Hamas crisis. This means that global cooperation to identify, prevent and manage the risks of these conflicts has become even more important in recent months.
An exclusive invitation-only club
Some critics have never believed that the WEF makes the world a better place, even though that is exactly what the forum aims to do.
“The WEF and other multi-stakeholder efforts lack democracy when the people they affect do not have sufficient opportunities to participate and control their processes,” Scholte said.
“It is an exclusive, invitation-only club and meaningful membership is largely limited to the world’s most powerful governments, corporations and civil society representatives. Furthermore, when ‘marginalized’ people disagree with the WEF’s actions or feel offended, they generally do so.” There is a lack of adequate channels to be heard and obtain legal protection.”
This one here The status quo and the idea of a “global elite” making decisions for the common man has drawn criticism from many forum observers.
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