World Economic Forum Current Affairs, GK & News

World Economic Forum

World Economic Forum (WEF) is an international institution founded by Klaus Schwab, that works to improve the state of the world through public-private cooperation. It was established in 1971 and is headquartered in Geneva, Switzerland. It is an independent not-for-profit organization that works closely with other international organizations. It also works with leaders in the ..

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DCO-WEF Initiative for Digital FDI Flows

The World Economic Forum (WEF) and the Digital Cooperation Organization (DCO) announced a new initiative on 24th May 2022 to enhance flows of digital foreign direct investments (FDI) on a global scale. This initiative’s launch was announced by Secretary-General of DCO Deemah AlYahya, President of WEF Borge Brende, CEO of AVEVA Group Peter Herweck, and ..

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WEF’s Alliance of CEO Climate Action Leaders- India

The India chapter of the Alliance of CEO Climate Action Leaders has been launched on the 23rd of May 2022 by the World Economic Forum (WEF) to boost India’s decarbonization and climate action efforts. Who is a part of this alliance? This alliance has brought together CEOs from the leading businesses of India. This alliance ..

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Oxfam Report: Profiting from Pain

According to a report titled ‘Profiting from Pain’ by Oxfam International, during the Covid-19 pandemic a new billionaire emerged every 30 hours, while a million people might slip into extreme poverty every 33 hours during this same time period. The report was released at the World Economic Forum, Davos, and the organization further highlighted that ..

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Indian Start-ups in WEF ‘Technological Pioneers Community’

The World Economic Forum (WEF) has announced that 100 new start-ups have joined its Technology Pioneers Community. The start-ups are from various sectors including healthcare, financial services, metaverse, food production etc. Out of the 100, 5 start-ups are from India. Which are the 5 Indian start-ups? SmartCoin Financials: It is a tech-driven financial inclusion platform ..

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WEF ‘Class of Young Global Leaders (YGLs)’

Radhika Gupta CEO of Edelweiss Mutual Fund, Raghav Chadha Aam Aadmi Party leader, and Mykhailo Fedorov Ukrainian Vice Prime Minister and Minister of Digital Transformation were named by the World Economic Forum (WEF) in its list of Young Global Leaders 2022. Overview: The list has been released days ahead of the annual WEF meeting in ..

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WEF Survey: Indians support vaccine, mask mandate for workplace

On December 9, 2021, a global World Economic Forum (WEF) survey highlighted that, around 90 per cent people in India believe they & their colleagues at workplaces should be fully vaccinated while 93 per cent Indians agreed that they should wear mask at public places or in proximity with others, in order to be safe ..

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