The World Economic Forum defines its mission as improving the state of the planet. Yet when it gathers 2,500 of the global elite in the Swiss mountain resort of Davos from Sunday, the backdrop will be war in Ukraine, an unresolved pandemic, growing climate risks and a rapidly souring economic outlook.
Even WEF founder Klaus Schwab acknowledged the question hanging over this year’s annual meeting at a briefing this week: “How can Davos make a positive contribution to all those challenges in a world which is deeply stuck in crisis management?”
The meeting is the WEF’s first since January 2020 after aborted attempts to gather its usual array of policymakers and executives through the first two years of the Covid-19 pandemic.