By Justin Haskins, Opinion Factor 12/03/20 11:30 AM EST The views expressed by factors are their own and not the view of .

Post-COVID-19 pandemic effort by the World Economic Online Forum The Great Reset is the name of the 50th yearly conference of the (WEF), kept in June 2020. It united high-profile company and political leaders, assembled by the and the WEF, with the style of restoring society and the economy in what is declared to be a more sustainable way following the COVID-19 pandemic. , who established the WEF in 1971 and is currently its CEO, explained 3 core components of the Great Reset. The first includes producing conditions for a "stakeholder economy"; the 2nd element consists of structure in a more "resistant, fair, and sustainable" waybased on ecological, social, and governance (ESG) metrics which would incorporate more green public infrastructure projects.

In her keynote speech opening the discussions, International Monetary Fund director Kristalina Georgieva, noted 3 key elements of the sustainable reactiongreen development, smarter growth, and fairer growth. A speech by Prince Charles at the launch event for The Fantastic Reset, noted key locations for actionsimilar to those listed in his Sustainable Markets Effort, introduced in January 2020. These consisted of the re-invigoration of science, technology and development, a move towards internet absolutely no transitions worldwide, the introduction of carbon rates, re-inventing longstanding reward structures, rebalancing investments to include more green financial investments, and encouraging green public infrastructure jobs. In June 2020, the theme of the January 2021 51st World Economic Forum Yearly Meeting was announced as "The Great Reset", connecting both in-person and online global leaders in Davos with a multi-stakeholder network in 400 cities all over the world.

According to, the BBC,, and Radio Canada, "unwarranted" conspiracy theories spread out by American far-right groups linked to QAnon, resurged at the beginning of the Great Reset forum and increased in fervor as leaders such as the freshly elected U.S. President and Canadian Prime Minister included concepts based upon a "reset" in their speeches. By mid-April 2020, versus the background of COVID-19 pandemic, the coronavirus economic downturn, the 2020 stock exchange crash, the 2020 Russia, Saudi Arabia oil price war and the resulting "collapse in oil rates", the previous Guv of the Bank of England, , explained possible essential changes in a short article in.