World Economic Forum Annual Meeting 2015 the New Global Context
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Global Agenda World Economic Forum Annual Meeting 2015 The New Global Context Davos-Klosters, Switzerland 21-24 January Contents Preface 3 Preface The World Economic Forum Annual acknowledge our Partners, 4 The Co-Chairs Meeting remains the foremost Members and participants, as well venue to shape and develop global, as the meeting Co-Chairs, for their 5 Davos Facts & Figures regional and industry agendas at leadership and guidance throughout 6 New at Davos the beginning of the year. At the the event. Thanks, too, to recognized Annual Meeting 2015, global leaders leaders from the Forum communities, 8 Crisis & Cooperation from government, business and including Social Entrepreneurs, 14 Growth & Stability civil society took advantage of the Global Shapers, Young Global 22 Innovation & Industry Forum’s unique multistakeholder Leaders and Technology Pioneers, platform to address profound who played a significant role in the 30 Society & Security political, economic, social and design and development of the 38 Arts & Culture at Davos technological transformations that various sessions focusing on the Klaus Schwab are affecting the world; a world future. 40 More Davos highlights Founder and Executive fraught with complexity, fragility and 42 Reports launched at Davos Chairman uncertainty that could potentially end On behalf of the Managing Board, 44 Acknowledgements an era of economic integration and thank you again for your participation international partnership. and working together in the 46 Upcoming Meetings collaborative and collegial Spirit of In this New Global Context – the Davos. theme of the 45th Annual Meeting in Davos-Klosters, Switzerland – We look forward very much to more than 2,500 participants met welcoming you at our regional events for strategic dialogues to develop and other meetings throughout the the necessary insights, ideas and coming year, as well as in Davos in partnerships, and to elaborate 2016. bold ideas and strategic options to consider in the year ahead. This context consisted of 10 global challenge initiatives to focus on W. Lee Howell in the coming year, among them Head of Global Programming, rising income disparity and social Member of the Managing inequality, the future of the internet Board and growing geopolitical tensions. Leaders from government, academia and civil society discussed how to identify and build public-private World Economic Forum collaboration on these initiatives, and 91-93 route de la Capite deepen and strengthen collective CH-1223 Cologny/Geneva Switzerland understanding of a particular global Tel.: +41 (0)22 869 1212 issue or agenda. Fax: +41 (0)22 786 2744 Email: [email protected] www.weforum.org This Annual Meeting 2015 report World Economic Forum® serves as a valuable document to stimulate deeper thinking on the © 2015 – All rights reserved. No part of this publication may be reproduced or New Global Context. We gratefully Transmitted in any form or by any means, including Photocopying and recording, or by any information Storage and retrieval system. REF 300115 The New Global Context 3 Co-Chairs Facts & Figures of the Annual Meeting 2015 Annual Meeting 2015 in numbers Hari S. Bhartia Co-Chairman and Founder Jubilant Bhartia Group 1,500 India business leaders including 40 from heads of Winnie Byanyima state and 25 government Executive Director sectors and Oxfam International industries United Kingdom from over 300 140 public countries Katherine Garrett-Cox Chief Executive Officer figures Alliance Trust, United Kingdom 250 media representatives Jim Yong Kim 2,500 President The World Bank participants Washington DC 200 representatives from New Champion Eric Schmidt Communities Executive Chairman Google USA 100 webcast live Over online 280 Roberto Egydio Setubal sessions Chief Executive Officer and Vice-Chairman of the Board of Directors Itaú Unibanco Brazil 4 World Economic Forum Annual Meeting 2015 The New Global Context 5 New at Davos New at Davos Globalized intelligence New partnerships Global Strategic Forum partners with is put on the map on global challenges Foresight Community Tropical Forest Alliance The Annual Meeting inaugurated Transformation Maps to As part of the new global context, the World Economic Strategic foresight offers the opportunity to influence The World Economic Forum is to host the secretariat of frame and analyse connections between industry, regional Forum has identified 10 global challenges for which the future. By taking a long-term, proactive approach to the Tropical Forest Alliance (TFA) 2020, a global public- and global issues. The unique knowledge platform aims accelerated progress is contingent on new or expanded thinking about potential futures, lessons can be learned private partnership to help slow tropical deforestation to uncover the large transformations that are reshaping public-private cooperation. They are: agriculture and about what is wanted and not wanted in time to still do and address climate change. Through the secretariat, the world by harnessing the collective intelligence of the food security, economic growth and social inclusion, something about it. Building on its own strategic foresight the Forum will help TFA partners expand and implement Forum network. The interactive tool synthesizes key issues employment, skills and human capital, environment and practice, the World Economic Forum has established the company commitments for the sustainable sourcing of and developments in close to 140 Insight Areas – with six resource security, international trade and investment, Global Strategic Foresight Community (GSFC), which such key agricultural commodities as beef, paper and to eight strategic issues that define the agenda within each infrastructure, long-term investing and development, future brings together experts to identify insights, or shifts, that pulp, palm oil and soy. Tropical deforestation is a driver area. of the global financial system, future of the internet, gender will shape future global, regional and industry agendas. of risks and issues at the top of the global agenda – parity, and global crime and anti-corruption. For each The GSFC will actively interact with stakeholders from from threatening the livelihood of the 1.2 billion people They are continuously updated with the latest thinking of challenge, the Forum will sponsor a major global project in government, business and civil society to reflect on them. who depend on tropical forests for income to reducing top leaders and experts from Forum meetings, projects, partnership with international organizations. environmental risks such as forest burning. communities and informal discussions with Members The GSFC’s work in the coming two years will evolve and constituents. Insight Areas range from such industry The internet is one example. To safeguard this shared around the deeper exploration of the whole set of global The secretariat will raise awareness about tropical sectors as financial services, mobility and ICT, to global global resource, the Forum has launched the Future shifts and how they might provoke systemic change deforestation, with support from Forum networks and issues on economic and finance, environment and of the Internet initiative to help strengthen trust and across social, economic, environmental, technological at meetings, to coordinate and advance action with sustainability, and security and governance. Insight Areas expand cooperation on internet-related challenges and and political systems. These shifts are topics or issues governments on tropical deforestation globally and in also provide key insights from the key countries and opportunities. The aim is to help develop the internet as which should be highlighted now and added to the key regions. TFA partners include governments, as well regions. a core engine of human progress and protect its globally agendas of the Forum and relevant organizations to as producer and consumer goods companies, NGOs, integrated, highly distributed and multistakeholder nature. inspire constructive action for the future. These shifts, indigenous people’s groups and other stakeholders. The The initiative will initially focus on five key areas – policy offering new ways of thinking to realize the opportunities of TFA was born out of support from the United States and societal challenges, privacy, cybercrime, access and emerging developments, will also complement the Forum’s government for the Consumer Goods Forum commitment impact on business models. work on mitigating risks. to achieve zero-net tropical deforestation and to create sustainable supply chains for these commodities by 2020. http://reports.weforum.org/global-strategic-foresight- community 6 World Economic Forum Annual Meeting 2015 The New Global Context 7 Crisis & Cooperation Crisis & Cooperation “The oil price collapse is driven by economics rather than geopolitics.” Nouriel Roubini A critical year for tackling Professor of Economics and International Business, Leonard N. Stern School of Business, New York University, USA global challenges Europe went through its post-conflict environmental concerns are coming period more than a half a century ago to the forefront of our global dialogue. but is pulling out of a post-financial We are at a critical fork in the road, a ‘There is no Planet B’ crisis as nations look to implement period of decision that will dictate the Leaders at the Annual Meeting a year ago could not have reforms to promote growth and health and viability of our civilization Scepticism on global warming create long-term