Davos Summit
About World Economic Forum
- The World Economic Forum is the International Organization for Public-Private Cooperation.
- The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas.
- It was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland.
- The foundation is mostly funded by its 1,000 member companies – typically global enterprises with more than $5 billion in turnover – as well as public subsidies.
Why in News?
- The 2025 Annual Meeting of the World Economic Forum is taking place from 20-24 January in Davos, Switzerland.
About Davos Summit
- Davos, Switzerland, is where the World Economic Forum holds its annual meeting.
- Delegates from many sectors converge for several days of talks and meetings to address urgent global issues.
- Its salience goes far beyond discussions on economic issues. In the past, it has been used as a location for pivotal international diplomacy.
https://www.weforum.org/stories/2025/01/heads-of-state-and-government-gathering-davos-2025-wef/
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