Keyword

World Economic Forum

The World Economic Forum (WEF) is a Swiss nonprofit foundation, based in Cologny, Geneva, Switzerland. Recognised in 2015 by the Swiss authorities as an "other international body" under Switzerland's Host State Act 2007 (HSA, SR 192.12), its mission is cited as "committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The forum is best known for its annual meeting at the end of January in Davos, a mountain resort in Graubünden, in the eastern Alps region of Switzerland. The meeting brings together some 2,500 top business leaders, international political leaders, economists, celebrities and journalists for up to four days to discuss the most pressing issues facing the world. Often this location alone is used to identify meetings, participation, and participants, with such phrases as "a Davos panel" and "Davos man" being used.The organization also convenes some six to eight regional meetings each year in locations across Africa, East Asia, and Latin America, and holds two further annual meetings in China, India and the United Arab Emirates. Beside meetings, the foundation produces a series of research reports and engages its members in sector-specific initiatives.