WEF Calls for Recreating a Win-Win World

The World Economic Forum's Annual Meeting 2022 in this Swiss ski resort town ended on Thursday with the war in Ukraine, energy and food crises, climate change, and the changing nature of globalisation dominating discussions of over 2,500 global leaders over five days.

The Annual Meeting 2022, held under the theme 'History at a Turning Point: Government Policies and Business Strategies,' featured nearly 450 sessions with global leaders from business, government, and civil society. Due to COVID-19-related restrictions, the meeting took place physically after two and a half years because the 2021 annual meeting had to be cancelled and the 2022 summit had to be postponed from the regular month of January.

"We are better off in a world where we meet and act together, than in a world where everyone is for oneself. We should recreate a win-win world, not (where we) beggar thy neighbour, prosper thy neighbour," WEF President Borge Brende said in the closing session.

For more than 50 years, the World Economic Forum (WEF), which describes itself as an international organisation for public-private cooperation, has hosted the annual gathering of world leaders to accelerate the partnerships required to address global challenges and shape a more sustainable and inclusive future.