Davos World Economic Forum HIGHLIGHTS : India Emerges As ‘Bright Spot’ At The End Of 5 Day Summit
WEF Summit Davos Live Updates: Follow ABP Live for all the latest news and updates from the World Economic Forum Summit 2023.
Background
World Economic Forum Summit Live Updates: Hello and welcome to the ABP Live blog to catch all the updates from World Economic Forum (WEF) being held at Davos from January 16 to 20. Global leaders are coming together, including around a hundred participants from India, to discuss 'cooperation in a fragmented world'.
The WEF Annual Meeting began on Monday started off with the crystal awards ceremony and the awards celebrate the achievements of leading artists who are bridge-builders and role models for all leaders of society. Artist Maya Lin, acclaimed soprano Renee Fleming and actors Idris Elba and Sabrina Dhowre Elba have been presented with the awards.
The awards ceremony was followed by the 'I Sea You' musical concert, which was presented as a powerful cultural message of unity and collaboration. It also made a call to action to world leaders and policymakers to implement the appropriate and required agreements to protect and preserve the coral reefs of the Northern Red Sea.
Four Union ministers -- Mansukh Mandaviya, Ashwini Vaishnaw, Smriti Irani and R K Singh -- Maharashtra Chief Minister Eknath Shinde, along with a number of officials and business leaders, are taking part in the global summit from India.
AAP leader Raghav Chaddha and Telangana minister K T Rama Rao and Tamil Nadu minister Thangam Thennarasu are also attending the Davos summit 2023.
Among business leaders, Gautam Adani, Sanjiv Bajaj, Kumar Mangalam Birla, N Chandrasekaran, Nadir Godrej, Ajit Gulabchand, Sajjan Jindal, Sunil Mittal, Roshni Nadar Malhotra, Nandan Nilekani, Adar Poonawalla, Rishad Premji and Sumant Sinha are likely to be present.
The meeting will call on leaders from across the globe to address immediate economic, energy and food crises while laying the groundwork for a more sustainable and resilient world.
The theme of the 53rd Annual Meeting would be 'Cooperation in a Fragmented World' and it will convene more than 2,700 leaders from 130 countries, including 52 heads of state/government.
The WEF said the annual meeting comes as multiple crises deepen divisions and fragment the geopolitical landscape and leaders must address people's immediate, critical needs while also laying the groundwork for a more sustainable, resilient world by the end of the decade.
Davos World Economic Forum Live: India Emerges As ‘Bright Spot’ At The End Of 5 Day Summit
The World Economic Forum Annual Meeting 2023 in Davos ended on Friday after five days of intense conversations and debates. The end of the summit saw India emerging as a key pillar in the world order with WEF Founder and Executive Chairman Klaus Schwab describing the country as a bright spot in a fragile world.
Global leaders had gathered in Davos, including around a hundred participants from India, to discuss 'cooperation in a fragmented world'. It included discussion on climate, war, and economic issues with a call by global leaders for a far more collaborative world.
In the closing remarks, WEF President Borge Brende said it has been a remarkable week with significant progress made on climate action and equitable growth targets.
Brenda also said the world may be fragmented today but hopes have emerged here that it may not be so tomorrow.
In the closing session, IMF Managing Director Kristalina Georgieva said her message to world leaders is to be pragmatic and collaborate.
She also warned that fragmentation can cost the global economy up to 7 per cent.
Davos World Economic Forum Live: Greta Thunberg Holds Protest For Climate Justice At WEF
Young Climate activist Greta Thunberg and about 30 other activists on Friday held a demonstration for climate justice at the World Economic Forum (WEF) in Davos.
The protesters chanted “What do we want? Climate justice. When do we want it? Now” and “Fossil fuels have got to go”, while Thunberg held up a sign saying “Keep it in the ground,” according to a Reuters Report.
On Thursday, Thunberg participated in WEF 2023 with International Energy Agency (IEA) head Fatih Birol. She said that the global energy industry would go as far as it could without public pressure and the sector would continue to invest in fossil fuels and "throw people under the bus for their gain".
Climate strike week 231, in Davos outside the World Economic Forum where those most responsible for the climate crisis meet. We’ve written a letter to fossil fuel CEO’s demanding no new fossil fuels. You can sign it too: https://t.co/vsr048rHuo#FridaysForFuture #ClimateStrike pic.twitter.com/nP02hpiZh3
— Greta Thunberg (@GretaThunberg) January 20, 2023
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