46th Annual Meeting of the World Economic Forum to Focus on Fourth Industrial Revolution – Selected Announcements

46th Annual Meeting of the World Economic Forum to Focus on Fourth Industrial Revolution

Selected Announcements

36 best quotes from Davos 2016

World Economic Forum Announces New Board of Trustees
News 23 Jan 2016
Jim Yong Kim and Marc R. Benioff join the World Economic Forum Board of Trustees
Davos-Klosters, Switzerland, 23 January 2016 – The Board of Trustees of the World Economic Forum yesterday elected Jim Yong Kim, President, The World Bank, Washington DC; and Marc R. Benioff, Chairman and Chief Executive Officer, Salesforce, USA, as its new members.
In accordance with the World Economic Forum’s status as the International Organization for Public-Private Cooperation, as recognized by the Swiss Federal Council in January 2015, the Forum updated its governing body from Foundation Board to Board of Trustees in August. The Board of Trustees is set up to support the Forum’s mandate to serve as a representative group of key global stakeholders.
Jim Yong Kim brings two decades of experience in international development to the Foundation Board. Under his presidency, the World Bank adopted in 2012 two goals: ending extreme poverty by 2030; and boosting shared prosperity for the bottom 40% of the population in developing countries. He also possesses vast experience in healthcare, having led the World Health Organization’s HIV/AIDS department between 2003 and 2005, during which time WHO introduced the “3 by 5” initiative, the first-ever global goal for AIDS treatment.
Marc R. Benioff is a 35-year veteran of the software industry. Having co-founded Salesforce.com in February 1999, he has served as its chief executive officer since November 2001. Alongside his business career, he is well known for his philanthropic work, as well as for taking a crusading stand in favour of LGBT rights and other important issues…

Keeping the Web ‘Worldwide’: Report Highlights Risk of Internet Fragmentation
News 23 Jan 2016
· New report by the World Economic Forum highlights 28 risks that could lead to fragmentation of the Internet
· Report provides the first systematic overview of the growth of Internet fragmentation
· The Internet’s openness and dynamism are at risk if Internet fragmentation grows unabated, but an open Internet can be preserved through multistakeholder collaboration

Preparing for the Next Pandemic: Fear Cannot be our Motivation
News 22 Jan 2016
· WHO’s Chan: national and local capacity must be built to prevent economic, growth and stability issues that arise from health crises
· William H. Gates III: Surveillance and primary care are critical to building resiliency
· World Economic Forum is launching a two-year initiative to manage the risk and impact of future epidemics through optimized public-private cooperation under its newly formed Global Challenge Initiative on the Future of Health

$100 Trillion by 2025: the Digital Dividend for Society and Business
News 22 Jan 2016
· The combined value – to society and industry – of digital transformation across industries could be greater than $100 trillion over the next 10 years
· “Combinatorial” effects of digital technologies – mobile, cloud, artificial intelligence, sensors and analytics among others – are accelerating progress exponentially, but the full potential will not be achieved without collaboration between business, policy-makers and NGOs

Sustainable Development Goals and Paris Climate Agreement: Now It’s Time to Act
News 21 Jan 2016
· The Sustainable Development Goals and climate change go together – at their nexus is disaster risk reduction
· Climate change undermines development gains
· The Paris Climate Agreement gives the private sector an unprecedented opportunity to foster a race to the top of climate ambitions
Davos-Klosters, Switzerland, 21 January 2016 – This year’s World Economic Forum Annual Meeting is the first opportunity to take stock of the victories of 2015, Ban Ki-moon, Secretary-General, United Nations, New York, told participants. Now it is time to act. “We have delivered the 2030 Sustainable Development Goals (SDGs) and the Paris Climate Agreement (COP21),” he said. “The only agenda greater than our promises is to deliver and implement these two important agreements.”

Ban said the 17 SDGs and climate change are indivisible because climate change undermines development gains. “Now, we have a holistic approach,” he said. “The SDGs move us towards development models that are more sustainable.” He pointed to the critical nexus between development and climate change – disaster risk reduction, which also undermines development gains.

The Paris Climate Agreement gave the private sector “an unprecedented opportunity” to foster a race to the top of climate ambitions, Ban added. There is much work ahead…

United Nations, World Bank Group Launch High-Level Panel on Water in Davos
News 21 Jan 2016
· United Nations and World Bank announce launch of High-Level Panel on Water today at World Economic Forum Annual Meeting 2016
· Panel to mobilize urgent action on the Sustainable Development Goal for water, sanitation and related targets
· Co-chaired by the President of Mauritius and the President of Mexico, the panel will comprise a group of heads of state and government from developed and developing countries

African Leaders Seek Strategic Partners to Empower Citizens
News 21 Jan 2016
· Universal access to energy, education and markets seen as prerequisite to sustain rapid growth
· Rather than depend on overseas exports, recent policies and partnerships seek to process and trade commodities within the continent
Davos-Klosters, Switzerland, 21 January 2016 – The only thing that worries Africa’s political and economic leaders about disruptive revolutions in industry, energy, trade and education is that they won’t be fast or big enough to keep up with growing demand for them.

“More than a century after Edison invented the light bulb, half of Africa is still in the dark,” said Akinwumi Ayodeji Adesina, President of the African Development Bank (AfDB), Abidjan. “We talk about the Fourth Industrial Revolution, but it all starts with the need for electricity, which is like blood in the system. If we don’t have it, we can’t live.”

With 645 million Africans deprived of electricity, schools, hospitals and homes suffer. Some 600,000 women die each year from inhaling the smoke of cooking with wood or dung. To secure universal access by 2025, African heads of state have launched a new deal on energy, focused on power, potential and partnership. Revolutionary partnership may take several forms…

Davos Message from Pope: Don’t Forget the Poor at Dawn of Fourth Industrial Revolution
News 20 Jan 2016
· Holy Father sees “precious opportunity to build inclusive societies based on respect for human dignity, tolerance, compassion and mercy”
· Also warns the dawn of the Fourth Industrial Revolution brings with it a growing sense that large-scale job loss is inevitable
Read the full message

More Plastic than Fish in the Ocean by 2050: Report Offers Blueprint for Change
News 19 Jan 2016
· Most plastic packaging is used only once; new report reveals that 95% of the value of plastic packaging material, worth $80 billion-$120 billion annually, is lost to the economy
· Report predicts that, on the current track, oceans will contain more plastic than fish by 2050 (by weight)
· Report offers vision for a global economy in which plastics never become waste, and a blueprint for the systemic change and collaboration needed to realize that vision
· Read the full report here

Five Million Jobs by 2020: the Real Challenge of the Fourth Industrial Revolution
News 18 Jan 2016
· The Fourth Industrial Revolution, combined with other socio-economic and demographic changes, will transform labour markets in the next five years, leading to a net loss of over 5 million jobs in 15 major developed and emerging economies
· Skills and jobs displacement will affect every industry and geographical region, but losses can be offset by job growth in key areas
· A clear majority of businesses believe that investing in skills, rather than hiring more short-term or virtual workers, is the key to successfully managing disruptions to the labour market for the long term
· The new research by the World Economic Forum is the first of its kind, representing more than 13 million employees in nine industry sectors and 15 economies; it aims to guide business and policy-makers on how to equip labour forces with the skills to navigate the disruption of the Fourth Industrial Revolution
· Access the full report, infographics and more here.