Tag: World Economic Forum

The World Economic Forum launched the'COVID Action Platform' in collaboration with the World Health Organization to combat the Coronavirus. It aims to act with the help of the private sector to prevent the outbreak of the coronavirus. Its main function is to strengthen the supply chain so that essential health equipment and medicines are available. The platform has been built with the help of 200 corporate leaders around the world. WEF is an international institution, founded by Klaus Schwab to improve the state of the world through public-private collaboration. It was founded in 1971.

The World Economic Forum announced that around 3,000 world leaders will meet at its 50thannual meeting to discuss on actions that are required to make “cohesive and sustainable world”. Highlights The meet is to be attended by the global leaders from all over the world. It includes US President Trump, Russian President Putin and other leaders of top polluters. However, China, one of the top 5 polluters of the world is to skip the event. The leaders of countries who are to attend the meeting include Iraq, Norway, Afghanistan, Switzerland. India at the event From India union ministers Piyush Goyal and Mansukh Mandaivya are to attend the meeting along with 100 CEOs. Along with the ministers, the chief ministers of three states will also attend the meeting. The theme of the event is Theme: Stakeholders for a Cohesive and Sustainable World

The World Economic Forum released its report according to which India ranked 112th in terms of gender gap. The report said that the India was ranked in bottom-five in terms of survival and economic participation. Highlights: India India was in 108thposition in 2018. Its performance weakened in the year 2019 according to the report. India’s performance was lagging in three out of four metrics used for ranking the countries. India slipped to 150thrank in health and survival, 149th in economic participation, 112th in educational attainment. India improved to 18th place in terms of political empowerment. The report also said that opportunities for women in India is very low. India was ranked below countries like Bangladesh (50th), Indonesia (85th), Brazil (92nd), Nepal (101st), Sri Lanka (102nd), China (106th). The World Economic Forum published its first report in 2006. Since then performance of India has deteriorated. In 2006, India was ranked at 98th Opportunities for women in the country is 35.4%. Sex ratio of India was low as compared to other countries (91 girls for every 100 boys). Highlights: World Iceland was the topmost gender-neutral country. Next to Iceland, other Nordic Countries like Norway, Finland and Swedenwere the top performers. At the top 10, countries like Nicaragua (5th), New Zealand (6th), Ireland (7th), Spain (8th), Rwanda (9th) and Germany (10th).United States continued to decline falling to 53rd

The World Economic Forum (WEF) announced the Winners of 26thAnnual Crystal Award for the year 2020. The Crystal Awards recognises as well as celebrates the achievements of leading artists and cultural figures whose leadership inspires inclusive and sustainable change. The annual awards are hosted by World Economic Forum’s World Arts Forum. WEF’s 2019 Crystal Award Recipients Jin Xing – China’s media personality. She was recognized for her leadership in shaping inclusive cultural norms Theaster Gates – Chicago-based artist. He was recognized for his leadership in creating sustainable communities Lynette Wallworth - Australian artist. She won for her leadership in creating inclusive narratives Deepika Padukone - Indian actress. She won the award for her remarkable leadership in raising mental health awareness. She is the only Indian actress who has won 26thAnnual Crystal Award for spreading mental health awareness. The three awardees will be honoured at opening session of World Economic Forum’s 2020 Annual Meeting in Davos-Klosters, Switzerland, on 21-24 January. The 2020 annual meeting will take place from 22-25 January under the theme, ‘Stakeholders for a Cohesive and Sustainable World’.