The 53rd edition of the annual World Economic Forum summit was held in Davos, Switzerland.
The Theme was ‘Cooperation in a Fragmented World’.
The Chief Economist's Outlook was launched.
A new Coalition of Trade Ministers on Climate was launched.
It was bringing together over 50 countries to boost international cooperation on climate, trade and sustainable development.
A new initiative Giving to Amplify Earth Action (GAEA) was launched to leverage philanthropic capital to unlock funding for the climate crisis.
It is a ground-breaking initiative supported by more than 45 major philanthropic, public and private sector partners.
It has announced the rollout of its own metaverse platform, dubbed the Global Collaboration Village.
Coalition for Epidemic Preparedness and Innovations (CEPI) set a new 100-day goal for pandemic response.
CEPI was launched in 2017 by the governments of Norway and India, the Bill & Melinda Gates Foundation and the World Economic Forum to accelerate the development of vaccines and other biologic countermeasures against pandemic
This year marks 36 years of the Forum’s collaboration with India.
The report, ‘India@100: Realising the potential of a USD 26 trillion economy’, was launched by India, on the side-lines of the summit.
As per this report, India’s economy will reach USD 26 trillion by 2047, the 100th year of the country’s independence.
The Maharashtra State Government signed an agreement with World Economic Forum to get technical advice and strategies for Urban transformation.
Telangana Government signed an agreement to get a life science centre and a health care centre.
Other initiatives
FireAld initiative - It aims to manage wildfires using Artificial Intelligence.
Cyber Resilience in Oil and Gas Initiative - This initiative will work to find cyber solutions to protect oil and gas pipelines.