World leaders head to Davos: What to expect from the 2024 World Economic Forum

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The peaceful and picturesque Swiss town of Davos, in the heart of the Alps, is preparing for the 54th annual meeting of the World Economic Forum (WEF), scheduled to begin on the 15th. Preparations are underway for a gathering of influential leaders. Until January 19, 2024.

Theme: “Rebuilding trust”

This year’s theme, “Rebuilding Trust,” recognizes the need to restore trust amid multifaceted global challenges, including geopolitical conflict, climate change, and advances in technology such as artificial intelligence (AI). There is. The emphasis is on transparency, consistency, and accountability, and on moving beyond recognition of problems to find solutions.

Who will be attending WEF 2024?

More than 100 governments, major international organizations and 1,000 forum partner companies are expected to participate, as well as civil society leaders, experts, youth activists, social entrepreneurs and the media.

The Davos roster includes prominent figures, including World Bank Group President Ajay S. Banga. Fatih Birol, Director General of the International Energy Agency (IEA). Cindy H. McCain, Executive Director of the World Food Program (WFP). Mohammad Abdullah Algergawi, UAE Minister of Cabinet Affairs; Mirjana Sporjaric Egger, President of the International Committee of the Red Cross.

WEF 2024: The four pillars of the program

The WEF 2024 program revolves around four key themes:

1. Achieving security and cooperation in a divided world: Addressing pressing crises, such as the ongoing conflict in the Middle East, while addressing the structural forces of division.

2. Creating jobs and growth for a new era: Rethinking economic frameworks that foster growth and job creation, emphasizing people-centred approaches during a potentially low-growth decade.

3. Artificial intelligence as an economic and social driver: Harnessing AI for societal good while managing regulatory challenges and technological advances in other areas such as 5/6G and quantum computing.

4. Long-term climate, nature and energy strategies: Developing a systematic approach towards a carbon-neutral and nature-positive world by 2050, balancing trade-offs for societal consensus.

AI Governance Alliance

A notable initiative of the Forum is the AI ​​Governance Alliance. The partnership, which includes leading technology companies such as Google, Microsoft, IBM, and Meta Platforms, aims to responsibly shape the development and use of AI. The company’s commitment to transparent and inclusive AI systems highlights the potential of technology and the need for a balanced approach to innovation and social impact.

As a society, we must be acutely aware of both the promise and danger of generative Al, and work together to ensure that Al remains at the service of humanity. The Al Governance Alliance brings together perspectives from around the world, bringing together industry, government and civil society to explore how Al can be governed responsibly and at the pace of technological change. This is an important forum to get better answers,” said Vice Chair Brad Smith. said the Microsoft president.

first mover alliance

The First Movers Coalition is part of an integrated effort on the World Economic Forum’s agenda to decarbonize heavy-emitting sectors and advance new climate technologies to significantly reduce greenhouse gas emissions. It represents a joint effort by major companies.

Since its founding with 35 founding members, the coalition has grown significantly and now has more than 95 members. Together, these members have made a total of 120 commitments, reflecting the Coalition’s growing influence and commitment.

“I believe that the Alliance has changed its goals in the last about five years. It used to be about commitment, understanding and commitment to Paris. What is important here is action. It is about solving problems and solving dilemmas. It’s about sharing solutions, and it’s about sharing solutions with each other,” said Jesper Brodin, CEO of Ingka Group (IKEA).

Save the date!

From January 15th to 19th, all eyes will be on the snow-covered Swiss city of Davos for the 2024 World Economic Forum, united by an important mission: Rebuilding Trust.

The world’s most influential minds will come together to tackle urgent global challenges such as securing peace, combating climate change, and steering the technological revolution into a positive future. This is not just a discussion. It’s about making a tangible impact, turning ideas into final action, and delivering real-world solutions.

Stay tuned to Euronews for comprehensive coverage of this important event, including in-depth insights into key discussions, meetings and exclusive interviews.