The World Economic Forum (WEF) has deferred its Annual Meeting 2022 against the backdrop of continued uncertainty over the Omicron variant of coronavirus.
WEF’s annual meeting is held every year in the Swiss Alpine ski resort town of Davos.
Key Points
• It draws top leaders from business and politics.
• The annual WEF meeting, which was scheduled to take place in Davos-Klosters, Switzerland between January 17 and 21, 2022, is now planned for early summer of 2022.
• 2021 edition of the meeting was also cancelled due to outbreak of covid-19 pandemic.
• The WEF held its last Davos summit in January 2020, just before the outbreak of the coronavirus pandemic
World Economic Forum (WEF)
Launched in 1971, WEF is an international non-governmental and lobbying organisation. It is headquartered in Cologny, Switzerland. It is mostly funded by its 1,000 member companies as well as public subsidies.
Annual Meeting of WEF
The WEF holds its annual meeting at the end of January in Davos every year. Meeting brings together around 3,000 paying members and selected participants including business leaders, investors, political leaders, economists, journalists and celebrities. Discussions are held for up to five days on global issues across 500 sessions.
About Davos
Davos is an Alpine resort town and a municipality located in Davos Region of Switzerland. It has a permanent population of 10,832. It is located on river Landwasser, in the Rhaetian Alps which are a mountain range of Eastern Alps
The Alps
Alps are the highest and most extensive mountain range system, located entirely in Europe. They are spread over eight Alpine countries. They stretch for approximately 1,200 km across France, Switzerland, Monaco, Italy, Liechtenstein, Austria, Germany, and Slovenia (from West to East, in that order).
