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World Economic Forum Annual Meeting 2019 Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution

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World Economic Forum Annual Meeting 2019 Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution Global Agenda World Economic Forum Annual Meeting 2019 Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution Davos-Klosters, Switzerland 22-25 January Contents Preface Preface 3 Outcomes of the Annual Meeting 4 Global public opinion survey 10 Programme tracks 13 Global dialogues 14 Geopolitics in a multiconceptual world, 14 peace and reconciliation Institutional reform and economic Klaus Schwab cooperation 20 Founder and Executive Chairman Future of the economy and financial and monetary systems 26 Cybersecurity and risk resilience 34 Industry systems and technology policy 40 Human capital and a new societal narrative 48 Arts and Culture in Davos 54 Co-Chairs 66 Programme in brief 68 How to shape a new global architecture 116 Acknowledgements 118 W. Lee Howell Digital Update 120 Head of Global Programming, Member of the Managing Board Contributors 121 World Economic Forum ® © 2019. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system. This report is Cradle-to-Cradle printed with sustainable materials 2 World Economic Forum Annual Meeting 2019 Thank you for participating in the The outcomes achieved at the old Greta Thunberg, a participant in Annual Meeting 2019, where we Annual Meeting were due to a the Annual Meeting. She did not wait gained a deeper understanding of multistakeholder and systemic for anyone to designate her a the challenges and opportunities in approach. This included work done stakeholder and has inspired young shaping future agendas and a by our Industry Governors and people around to world as well as her stronger appreciation of why public- System Stewards, which produced fellow participants in Davos to join private collaboration is more vital action-oriented ideas and initiatives; her cause for a more sustainable than ever. Closer collaboration is as well as the many productive planet. We too should have the needed for a raft of reasons: the diplomatic dialogues on humanitarian courage to take action. In this regard, unprecedented complexity of our issues and geopolitical crises. the World Economic Forum stands global system; the accelerating ready to engage you with its platform speed of change caused by the However, we can only bring about for public-private cooperation and ongoing Fourth Industrial Revolution; positive change in our global system commitment to improving the state of the insufficiency of our steering with the contribution of all the world. mechanism for global governance to stakeholders. In Davos, participants deal with current challenges; and were deeply engaged in the populist uprisings around the world sessions, initiatives and projects of driven by a broad-based urge to take our organization. Now, we must back control of society. continue this work and forge ahead in multiple constructive steps. Whether If we ever lived in a unipolar world, you are active in our work on oceans, that time is over. If there was ever a climate change, inclusive digital political system with absolute globalization or any other initiative: it sovereignty, it no longer exists. We is imperative to continue this work to cannot escape from the reality of achieve our common goals. Globalization 4.0 through futile attempts to reinforce and restore the Most importantly, we need to global system in its current form. It acknowledge that our commitment will take combined and coherent to improve the state of the world is efforts to remodel and strengthen the one we share with all people. Taking elements of the system from the action should not rest solely on the base, and to remove the distortions shoulders of politicians. We saw an and imbalances among them. excellent example of this in 16-year World Economic Forum Annual Meeting 2019 3 Outcomes of the Annual Meeting Shaping the global agenda • Prime Minister Shinzo Abe of Japan used a special address to commit his country’s G20 chairmanship to launch an agenda for global data governance. Abe said that the process, dubbed the Osaka track, would work under the auspices of the World Trade Organization. • A group of 70-plus countries confirmed intentions to commence WTO negotiations on • The President of Azerbaijan Ilham Aliyev and trade-related aspects of e-commerce following Prime Minister of Armenia Nikol Pashinyan used a ministerial meeting on the margins of the a meeting at the World Economic Forum to Annual Meeting on Friday 25 January. Shortly advance negotiations on the settlement of the before, members of the Forum’s business and Armenia-Azerbaijan Nagorno-Karabakh conflict. civil society trade community issued a statement calling for a new digital trade deal that should be • The UK government announced a five-year both ambitious and inclusive. The community plan to tackle the global threat of antimicrobial urged governments to move forward with resistance. The plan envisages containing and this agenda at the WTO to reduce costs and controlling AMR worldwide by 2040. facilitate greater participation in the global digital economy. • The Forum continued multistakeholder diplomacy dialogues aimed at advancing peace • The leaders of Brazil, Colombia and Peru, along efforts on other key global fault lines, including with the Foreign Minister of Canada, used a joint the Western Balkans and Syria. The Forum also statement on Wednesday to offer their countries' convened a public-private community of leaders backing to Juan Guaidó, leader of Venezuela’s for a Special Dialogue on Israeli-Palestinian opposition-controlled parliament, after he had relations. With the help of Prime Minister Abiy declared himself the country’s interim president. Ahmed of Ethiopia, a diplomatic dialogue was A day earlier, President Mario Abdo Benítez of held on the Horn of Africa. Paraguay called on Guaidó to take action. • Discussions were also initiated on the Sahel, the • Mohammad Ashraf Ghani, President of Korean Peninsula, European-Russian relations Afghanistan, used his participation in the Annual and on a new development architecture for Meeting to commit his country to democracy. Africa-Europe engagement. Ghani used his address to remind other participants that Afghanistan has passed 390 • Many of these conversations will be pursued and new laws since 2015 and significantly increased further advanced in our upcoming meeting at the the number of women in politics. Dead Sea, Jordan, on 6-7 April, which we have decided to turn into a global summit for peace and reconciliation. 4 World Economic Forum Annual Meeting 2019 New economy and society • The Forum’s Centre for Global Public Goods helped launch a $15 million project to start a • The Forum’s Closing the Skills Gap Initiative, formal electronic waste recycling industry in launched in 2017 with a target to reskill or Nigeria. The amount of e-waste generated each upskill 10 million workers by 2020, announced year is set to more than double by 2050 and that it has already secured pledges for training already is a major environmental hazard as well more than 17 million people globally, 6.4 as a health risk for millions of people working million of whom have already been reskilled. and living close to waste sites. The scheme is The Forum also announced that the initiative backed by $2 million in funding from the Global is now supporting public-private partnerships Environment Facility, which will be leveraged by aimed at promoting future skills in four countries: $13 million of financing from business. Argentina, India, Oman and South Africa. • Peru joined the Forum’s Tropical Forest Alliance to help the country achieve its target of reducing deforestation in the Peruvian Amazon. After Brazil, the country is home to the second largest area of Amazonian forest. • Five Asian countries dump more plastic into oceans than anyone else combined. The Global Plastic Action Partnership (GPAP) announced its first national partnership in Indonesia to be launched 12 March. Viet Nam, the 2020 ASEAN • The Forum also announced it was expanding Chair, has also joined GPAP, committing to a its network of Closing the Gender Gap national circular economy approach to tackle plastic taskforces to eight countries; Argentina, Chile, pollution. Colombia, Costa Rica, Dominican Republic, France, Panama and Peru. Fourth Industrial Revolution Our planet • The Forum’s Centre for the Fourth Industrial Revolution Network, established in 2017, • Voice for the Planet, a global campaign to build announced it had grown to more than 100 a movement for a new deal for nature and businesses and governments, including five people was launched on Tuesday 22 January G7 nations. UNICEF, the Office of the UN High during a plenary with US Vice-President (1993- Commissioner for Human Rights and the World 2001) Al Gore, Prime Minister Jacinda Ardern of Food Programme became the first international New Zealand and Anand Mahindra, Chairman of organizations to join. Mahindra Group. The campaign garnered over 21,000 individual pledges within 48 hours. • The Network also welcomed Colombia, Israel and the United Arab Emirates as Affiliated Centres for the Fourth Industrial Revolution – independent institutions committed to helping shape and pilot policies for emerging technology, such as artificial intelligence and blockchain. • The Indian state of Andhra Pradesh announced it will adopt the Network’s Advanced Drone Operator’s Toolkit, a policy framework developed in collaboration with 10 civil
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