TNPSC Thervupettagam

Davos Summit 2023

January 28 , 2023 425 days 491 0
  • The 53rd edition of the annual World Economic Forum summit was held in Davos, Switzerland.
  • The Theme was ‘Cooperation in a Fragmented World’.
  • The Chief Economist's Outlook was launched.
  • A new Coalition of Trade Ministers on Climate was launched.
  • It was bringing together over 50 countries to boost international cooperation on climate, trade and sustainable development.
  • A new initiative Giving to Amplify Earth Action (GAEA) was launched to leverage philanthropic capital to unlock funding for the climate crisis.
  • It is a ground-breaking initiative supported by more than 45 major philanthropic, public and private sector partners.
  • It has announced the rollout of its own metaverse platform, dubbed the Global Collaboration Village.
  • Coalition for Epidemic Preparedness and Innovations (CEPI) set a new 100-day goal for pandemic response.
  • CEPI was launched in 2017 by the governments of Norway and India, the Bill & Melinda Gates Foundation and the World Economic Forum to accelerate the development of vaccines and other biologic countermeasures against pandemic
  • This year marks 36 years of the Forum’s collaboration with India.
  • The report, ‘India@100: Realising the potential of a USD 26 trillion economy’, was launched by India, on the side-lines of the summit.
  • As per this report, India’s economy will reach USD 26 trillion by 2047, the 100th year of the country’s independence.
  • The Maharashtra State Government signed an agreement with World Economic Forum to get technical advice and strategies for Urban transformation.
  • Telangana Government signed an agreement to get a life science centre and a health care centre.

Other initiatives

  • FireAld initiative - It aims to manage wildfires using Artificial Intelligence.
  • Cyber Resilience in Oil and Gas Initiative - This initiative will work to find cyber solutions to protect oil and gas pipelines.

Leave a Reply

Your Comment is awaiting moderation.

Your email address will not be published. Required fields are marked *

Categories