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June 4, 2020
World Economic Forum to Convene a Unique Twin Summit "The Great Reset" in January 2021.
The twin summit will be both in-person and virtual, connecting key global governmental and business leaders in Davos with a global multistakeholder network in 400 cities around the world for a forward-oriented dialogue driven by the younger generation.
Photo: Impressions from the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland. Image provided by & Copyright © World Economic Forum / Benedikt von Loebell. [File Photo]
Photo: Impressions from the Opening Concert: An International Call for Unity and Joy, at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland. Image provided by & Copyright © World Economic Forum / Christian Clavadetscher. [File Photo]
Geneva, Switzerland, 3 June 2020 - “The Great Reset” will be the theme of a unique twin summit to be convened by the World Economic Forum in January 2021. The 51st World Economic Forum Annual Meeting will bring together global leaders from government, business, and civil society, and stakeholders from around the world in a unique configuration that includes both in-person and virtual dialogues.
“We only have one planet, and we know that climate change could be the next global disaster with even more dramatic consequences for humankind. We have to decarbonize the economy in the short window remaining and bring our thinking and behavior once more into harmony with nature,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.
“To secure our future and to prosper, we need to evolve our economic model and put people and planet at the heart of global value creation. If there is one critical lesson to learn from this crisis, we need to put nature at the heart of how we operate. We can’t waste more time,” said HRH, The Prince of Wales.
“The Great Reset is a welcome recognition that this human tragedy must be a wake-up call. We must build equal, inclusive, and sustainable economies and societies that are more resilient in the face of pandemics, climate change, and the many other global changes we face,” said António Guterres, Secretary-General, United Nations, New York.
“A Great Reset is necessary to build a new social contract that honors the dignity of every human being,” added Schwab. “The global health crisis has laid bare the unsustainability of our old system. We lack social cohesion, equal opportunities, and inclusiveness. Nor can we turn our backs on the evils of racism and discrimination.”
“COVID-19 has accelerated our transition into the age of the Fourth Industrial Revolution. We have to make sure that the new technologies in the digital, biological, and physical world remain human-centered and serve society as a whole, providing everyone with fair access,” he said.
“This global pandemic has also demonstrated again how interconnected we are. We have to restore a functioning system of smart global cooperation structured to address the challenges of the next 50 years. The Great Reset will require us to integrate all global society stakeholders into a community of common interest, purpose, and action,” said Schwab. “We need a change of mindset, moving from short-term to long-term thinking, moving from shareholder capitalism to stakeholder responsibility. Environmental, social and good governance have to be a regular part of corporate and governmental accountability,” he added.
According to the World Economic Forum, this innovative summit will be a very different Annual Meeting. It would reflect the spirit of the Great Reset. It will provide a unique opportunity at the beginning of 2021 to bring together the critical global government and business leaders in Davos. It would be a worldwide multistakeholder summit driven by the younger generation to ensure that the Great Reset dialogue pushes beyond traditional thinking and is genuinely forward-oriented.
To do so, the World Economic Forum will draw on thousands of young people in more than 400 cities around the world (the Global Shapers Community), interconnected with a robust virtual hub network to interact with the leaders in Davos. Each of those hubs will have an open house policy to integrate all interested citizens into this dialogue, making the Annual Meeting open to everyone. Also, global media and social media networks will mobilize millions of people, enabling them to share their input while also providing them with access to the Annual Meeting discussions in Davos.
HRH, The Prince of Wales, and Professor Schwab announced the Great Reset during a virtual meeting. Statements by UN Secretary-General António Guterres and IMF Managing Director Kristalina Georgieva followed the announcement.
All stakeholder groups of global society supported the above statements. The Great Reset supporters include:
- Victoria Alonsoperez, Founder and Chief Executive Officer, Chipsafer, Uruguay, and a Young Global Leader
- Caroline Anstey, President, and Chief Executive Officer, Pact, USA
- Ajay S. Banga, Chief Executive Officer, Mastercard, USA
- Sharan Burrow, General Secretary, International Trade Union Confederation (ITUC), Brussels
- Ma Jun, Chairman, Green Finance Committee, China Society for Finance and Banking, and a Member of the Monetary Policy Committee of the People’s Bank of China
- Bernard Looney, Chief Executive Officer, bp, United Kingdom
- Juliana Rotich, Venture Partner, Atlantica Ventures, Kenya
- Bradford L. Smith, President, Microsoft, USA
- Nick Stern, Chair, Grantham Research Institute on Climate Change and the Environment, United Kingdom.
In the run-up to the Annual Meeting, the Forum will host a virtual series, The Great Reset Dialogues. These dialogues are a joint initiative of the World Economic Forum and HRH The Prince of Wales.
Source: World Economic Forum
|GlobalGiants.Com|
Edited & Posted by the Editor | 7:30 AM | Link to this Post
