2025 World Economic Forum (WEF) Annual Meeting
Context:
Recently, the 2025 World Economic Forum (WEF) Annual Meeting concluded in Davos, Switzerland, under the theme “Collaboration for the Intelligent Age.”
Relevance:
GS-02 (Important International Institutions)
Key Takeaways from the 2025 WEF Meeting:
- Sustainability and Business Reliance: The meeting highlighted the importance of global sustainability goals for long-term profitability and societal impact and to align them with business growth.
- Artificial Intelligence & Green Tech: It highlighted the ethical use of AI to enhance progress.
- Climate Action & Fair Transition: The meeting stressed on the urgent need to ensure decarbonization
- Global Collaborations: highlighted that multi-sector partnerships could unlock $12 trillion in market opportunities by 2030.
- India’s Participation & Investments:
- India secured ₹20 lakh crore in investment commitments.
- Maharashtra led with nearly 80% of the total, while Telangana, Kerala, and Uttar Pradesh showcased their economic ambitions.
- India’s Economic Vision: Uttar Pradesh set a goal to become a $1 trillion economy by 2029, with a focus on poverty eradication.
- Kerala highlighted industrial transformation initiatives.
World Economic Forum (WEF)
- The World Economic Forum (WEF) is a non-profit foundation established in 1971.
- It is headquartered in Geneva, Switzerland.
- It is also recognised as the premier international institution for public-private cooperation by the Swiss authorities.
- The WEF engages with leaders from business, politics, academia, and other sectors to influence global, regional, and industry agendas.
Key Reports Published by WEF:
- Energy Transition Index.
- Global Competitiveness Report.
- Global IT Report (co-published with INSEAD and Cornell University).
- Global Gender Gap Report.
- Global Risk Report.
- Global Travel and Tourism Report.
