Page 8 - World Economic Forum

Big Oil peddled the big lie, says UN chief Guterres at WEF 2023

UN Secretary-General Antonio Guterres delivered his message on the second day of the elite gathering of world leaders and corporate executives in Davos

WEF 2023: India to become a $26 trillion economy by 2047, says EY report

The report says India is most likely to overtake Germany and Japan to become the third-largest economy after China and the US by 2030

Developed world to help small farmers in developing nations: India at WEF

Developed countries should walk the talk on transforming food systems by helping smallholder farmers in developing countries with cheaper access to irrigation, fertilisers and markets, said RK Singh

Elon Musk wasn't invited to Davos despite what he says: WEF organisers

WEF says billionaire Elon Musk wasn't on the guest list for the annual meeting of business executives, global leaders and cultural trend-setters in Davos, Switzerland despite what Twitter owner claims

Davos 2023: CEOs buzz about ChatGPT-style AI at World Economic Forum

The artificial intelligence is garnering interest in Davos at the World Economic Forum's annual meeting this week

WEF Davos 2023: Global leaders roll up sleeves to tackle a tough 2023

The mood at Davos is to roll up the sleeves and work on an actionable plan to revive growth and stability

WEF launches initiative to unlock $3 trillion a year for nature, climate

The World Economic Forum launched the Giving to Amplify Earth Action to help unlock the $3 trn of financing needed each year to reach net-zero, reverse nature loss and restore biodiversity by 2050

Maharastra signs MoUs worth Rs 45,900 crore on World Economic Forum day 1

This investment is likely to create direct employment for at least 10,000 people in the state, said Samant

73% CEOs globally expect eco growth to decline over the year: PwC survey

In the most pessimistic outlook in more than a decade, a global survey of CEOs on Monday showed 75 per cent of them expecting the global economic growth to decline over the next 12 months. Releasing the annual survey on the first day of the World Economic Forum Annual Meeting here, PwC said this is a significant departure from the optimistic outlook of 2021 and 2022 when more than two thirds thought economic growth would improve. This is the most pessimistic CEOs have been regarding global economic growth since PwC began asking this question 12 years ago. The survey further showed that nearly 40 per cent of CEOs do not believe their organisations would be economically viable in 10 years if they do not transform. Inflation, macroeconomic volatility and geopolitical conflict ranked as the top global threats while cyber and health risks fell from a year ago. The survey also showed that companies are cutting costs but do not plan yet to reduce headcount or salaries in their fight to .

India among few nations evolving food systems for farmer-allied SMEs: Study

India figures among the few countries that have been able to evolve their food systems for a broader set of outcomes by unlocking the potential of small and medium-sized enterprises, a new WEF report said on Monday. The World Economic Forum report, released here on the first day or its Annual Meeting 2023, said the countries that tackle food crisis can boost jobs, health and nature and also meet net zero goals better. It listed India, Ghana and Vietnam as among the countries that have been able to evolve their food systems by unlocking the potential of SMEs, particularly those that are farmer-allied and operating in local food chains. Food systems, when transformed, can help solve some of the world's toughest problems, from climate change to resilient livelihoods, the report said. "Transforming food systems provide healthy and nutritious diets and dignified jobs for farmers and producers. This report shows how economic development with environment protection supports communities in

Globally, wildfires cost $50 bn every year; AI can help fight them: WEF

This wildfire risk mapping and logistic planning project improved wildfire prediction by combining static and meteorological datasets and reduced both response time and risk to firefighters, WEF said

Recession likely this year; India may benefit from global trends: WEF

A third of respondents consider a global recession to be unlikely this year

WEF Davos 2023: Adani Group pledges to grow 100 million trees by 2030

"Restoring ecosystems, reversing loss of biodiversity, and reducing soil erosion are all essential for building a greener world," Gautam Adani said

WEF 2023: ReNew Power explores green hydro project in India, Egypt

The firm, which now generates nearly 1.8% of India's total electricity annually, has a total capacity of 13 Gigawatts (GW) of wind and solar, including projects in the works

Energy war, chip-battle, Taiwan in focus at WEF in a turbulent world order

For the titans of commerce gathering in Davos this week, all of this marks a shift away from the era of ever-closer global ties, when big business thought it had succeeded in making the world flat

WEF 2023: Davos gears up for world leaders' biggest post-pandemic gathering

The biggest congregation of global leaders will return Monday to the usual snow-laden setting of this Swiss ski resort town with thousands of participants including about a hundred from India set to discuss 'cooperation in a fragmented world'. The World Economic Forum had to host its last annual meeting in 2022 in May as the summit could not take place in the usual month of January due to the COVID pandemic-related restrictions. Before that, the 2021 meeting could take place online only. Though the pandemic is yet to be declared totally over, restrictions are far a few and the war in Ukraine and the economic fallout of geopolitical as well as health crises have made the Davos meeting, often described as the biggest congregation of the global elite, very interesting. Nearly 50 heads of government or state are expected over the next five days for the meeting beginning Monday, while four union ministers -- Mansukh Mandaviya, Ashwini Vaishnaw, Smriti Irani and R K Singh, as also ...

Energy crisis driving inflation, slowing GDP, creating social turmoil: WEF

The report has proposed 10 key actions to align immediate responses with long term goals and a framework to prioritise energy security for a just and sustainable energy transition

Cost of living crisis, digital inequality among risks for India: WEF

Global Risks Report lists cost of living crisis and climate change as biggest global risks

WEF Davos summit to call on world leaders to address economy, food crises

The World Economic Forum (WEF) on Tuesday said its annual Davos meeting will call on leaders from across the globe to address immediate economic, energy and food crises while laying the groundwork for a more sustainable and resilient world. Announcing the schedule for the five-day meeting in the Swiss ski resort town of Davos from January 16-20, the WEF said it is expecting significant participation from Asia, including China and Japan. From India, at least four union ministers -- Mansukh Mandaviya, Ashwini Vaishnaw, Smriti Irani and R K Singh -- as also three chief ministers -- Yogi Adityanath, Eknath Shinde and B S Bommai -- are expected to be present, in addition to nearly 100 leaders from business and other areas. The theme of the 53rd Annual Meeting would be 'Cooperation in a Fragmented World' and it will convene more than 2,700 leaders from 130 countries, including 52 heads of state/government. Top political leaders taking part include German Chancellor Olaf Scholz, European

Shortage of healthcare workers may rise to 10 mn by decade-end: WEF study

The shortage of healthcare workers globally could rise to 10 million by the end of the decade, affecting access to care, inequities and treatment of mental health, a new report said on Monday. Launched in the run-up to the World Economic Forum (WEF) Annual Meeting 2023 in the Swiss ski resort town of Davos, the report said the rise in healthcare spending has fast-tracked progress in telehealth, vaccines and precision medicine, but businesses and policy-makers must tackle worker burnout and boost access to health. It also cited a case study from India, the Ayushman Bharat Digital Mission (ABDM), launched by the Union Ministry of Family and Health Welfare, to enable the world's largest digital health landscape. "Given ABDM is envisioned to digitise the entire healthcare environment in the country, its success relies on its adoption by all players. "Thus far, the adoption of ABDM has been a key challenge, which has been limited and staggered mainly due to data interoperability, ...