World Economic Forum

Founding Year: 1971

Staff: 4596

Budget: CHF409m (2023)

Klaus Schwab (Founder and Executive Chair)

It is committed “to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.” It views the global, regional and industry challenges facing the world as the result of the interaction between interconnected systems “from global systems that influence the environment and natural resource security, to the economic systems that create inequality, to the regional systems that determine the fortunes of nations, to the industrial systems that determine the effectiveness of supply and demand.”  As such, it works with its members “to understand and influence the entirety of the system that affects the challenges and opportunities they are trying to address. Best known for its annual meeting of luminaries in Davos, Switzerland, its membership involves “1000 of the world’s top corporations.”  WEF’s work focuses on five Issue Areas: Economic Growth (including food security and a circular economy), Environmental Sustainability, Financial Systems, Health for All, and Social Development.

Centres:

    Collections:

    Publications:

    • Annual Report
    • Reports
    • Intelligence
    • Videos
    • Podcasts
    • HIGHLIGHTS:
      • Chief Economists Outlook (2021) – Explores the most important forces “supporting the recovery and important developments and risks that could delay or derail it. It draws on the collective views and individual perspectives of a group of leading Chief Economists through the Forum’s Chief Economists Survey and consultations with the Chief Economists.

    Events:

    Reports


    S.No. Title Organization Publication Date Page Number Report Link Download
    1.

    The Global Risks Report 2023

    World Economic Forum January 11, 2023 93 Link Download
    2.

    The Global Risks Report 2022

    World Economic Forum January 1, 2022 117 Link Download
    3.

    The Global Risks Report 2020

    World Economic Forum 92 Link Download

    World Economic Forum contributes to the following Sustainable Development Goals


    • SDG 1 - No Poverty
      Calls for an end to poverty globally by 2030 and promotes increased access to basic services and social protection.
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    • SDG 2 - Zero Hunger
      Aims to end hunger, achieve food security and improved nutrition and promote sustainable agriculture
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    • SDG 3 - Good Health and Well Being
      Aims to ensure healthy lives and promote well-being for all at all ages, by reducing mortality rates and increasing access to equitable health care for men and women.
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    • SDG 4 - Quality Education
      Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.
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    • SDG 5 - Gender Equality
      Aims to end gender discrimination in all forms and promote equal opportunity for all women and girls in terms of education, career, and sexual/reproductive rights.
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    • SDG 6 -Clean Water and Sanitisation
      Ensure availability and sustainable management of water and sanitation for all by promoting global access to adequate sanitation and hygiene.
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    • SDG 7 - Affordable and Clean Energy
      Ensure access to affordable, reliable, sustainable and modern energy for all by promoting affordable and reliable energy sources.
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    • SDG 8 -Decent Work and Economic Growth
      Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
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    • SDG 9 - Industry, Innovation and Infrastructure
      Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.  
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    • SDG 10 - Reduced Inequalities
      Aims to achieve economic growth by reducing inequalities regarding social, economic and political opportunities and freedoms.
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    • SDG 11 - Sustainable Cities and Communities
      Aims to promote the globalization of sustainable cities and communities in turn providing universal safe and affordable housing.
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    • SDG 12 - Responsible Consumption and Production
      Aims to create responsible and sustainable practices involving consumption and production through efficiently using natural resources.
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    • SDG 13 - Climate Action
      Calls to take urgent action to combat climate change and its impacts through global awareness, education, and integration into government policies.
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    • SDG 14 - Life Below Water
      Calls to conserve and sustainably use the oceans, seas and marine resources for sustainable development and prevent and reduce marine pollution in order to protect ecosystems and achieve healthy oceans.
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    • SDG 15 - Life on Land
      Aims to protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss.
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    • SDG 16 - Peace, Justice and Strong Institutions
      Aims to promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels. Calls to reduce all forms of violence and deaths related to violence and to end abuse and exploitation
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    • SDG 17 - Partnerships for the Goals
      Aims to strengthen the means of implementation and revitalize the global partnership for sustainable development by mobilizing domestic resources in order to provide support for developing countries.
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