Notable Works And Decision by World Economic Forum

World Economic Forum has been helping to shape the global politics through their platform. They have been able to solve a lot of global issues on their platform through the participation of global leaders. Some of the notable works by them are:

  • In the annual meeting of 2020 a campaign called Trillion Tree Campaign was launched with the aim to grow, conserve and restore 1 trillion trees over the next ten years.
  • In 1988 Davos Declaration was signed between Greece and Turkey.
  • The forum also publishes a wide range of reports identifying competitiveness, and risks in various domains.
  • In the annual meeting of 2017 a global initiative was launched to fight epidemics.
  • Platform for Accelerating the Circular Economy (PACE) was launched in the annual meeting of 2017 to promote circular economy.

WEF Full Form

WEF stands for World Economic Forum. It is an independent, international organization whose primary aim is to improve world policies and uplift the economic condition through the participation of various business leaders, political leaders, and social leaders. Let’s dive into it.

Table of Content

  • What is WEF?
  • Mission Of World Economic Forum
  • Background of World Economic Forum
  • Activities by World Economic Forum
  • World Economic Forum – 54th Annual Meeting 2024
  • Notable Works And Decision by World Economic Forum
  • Impact of WEF
  • Conclusion
  • FAQs – WEF Full Form

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What is WEF?

The full form of WEF is World Economic Forum. Its annual meeting for which it is widely popular takes place in January at Davos, a mountain resort in the eastern Alps region of Switzerland. The meeting is accompanied by various business tycoons, economists, and political leaders....

Mission Of World Economic Forum

The mission of WEF is to solve economic disputes through dialogue between economists, business leaders, and political leaders. It aims to uplift the standards of people. It tries to promote entrepreneurship among the global public. It tries to solve any kind of major international conflict blocking the way of economic development. Its aim is to improve world policies....

Background of World Economic Forum

WEF was first named to European Management Forum, founded by a business professor at the University of Geneva, Klaus Schwab, on 24 January 1971. It aimed to adopt American management practices in European firms. More than 450 executives participated in the first meeting at Davos in 1971. But soon after its success, political leaders started using the platform to promote their interests....

Activities by World Economic Forum

World Economic Forum has been involved in many activities to fulfill its objective to uplift the standard of people and work towards the economic development of nations through the cooperation of global and business leaders....

World Economic Forum – 54th Annual Meeting 2024

The World Economic Forum – 54th Annual Meeting 2024 is going to take place between 15 to 19 January 2024. The theme for the meeting is “Rebuilding Trust”. More than 3000 leaders from all over the world will attend the meeting. The topics to be discussed in the meeting are:...

Notable Works And Decision by World Economic Forum

World Economic Forum has been helping to shape the global politics through their platform. They have been able to solve a lot of global issues on their platform through the participation of global leaders. Some of the notable works by them are:...

Impact of WEF

WEF has been able to make significant impact in the world for last 50 years and not just through the economic policies but also by solving many international conflict between various countries. The forum assists help in the following areas:-...

Conclusion

World Economic Forum has been a major platform for global political, business, social leaders and entrepreneurs to come and discuss various burning agendas. It has also been a platform to solve major conflicts among various organizations and nation to promote global cooperation and collaboration. Every year the participants at the annual meeting discuss and formulate strategies to deal with worldwide problems and launch partnership among them. The significance of World Economic Forum is going to increase in near future where there will be the need of global cooperation to tackle with various global issue....

FAQs – WEF Full Form

What does World Economic Forum do?...