World Economic Forum (WEF)
- Organization Name
- World Economic Forum (WEF)
- Description
The World Economic Forum (WEF) is an international non-governmental organization and lobbying group. It engages political, business, cultural, and other societal leaders to shape global, regional, and industry agendas.
Key Facts
- Founded: January 1971 by Klaus Schwab.
- Headquarters: Cologny/Geneva, Switzerland.
- Leadership: Klaus Schwab (founder) transitioned from Executive Chairman to Chairman of the Board of Trustees in May 2024. Børge Brende is the current President of the WEF.
- Annual Davos Meeting: The World Economic Forum Annual Meeting is held in Davos, Switzerland, every January, bringing together approximately 3,000 global leaders.
- Key publications: Produces influential reports such as the Global Competitiveness Report, Global Gender Gap Report, and Global Risks Report.
- Status: It is not a UN body; it operates as a private, membership-based NGO.
- Nepal relevance: Nepal participates in WEF discussions on South Asia, and the Global Competitiveness Index includes Nepal's rankings.
- Headquarters
- Cologny/Geneva, Switzerland
- Founded Year
- 1971
- Current Head/SG
- Børge Brende
- Category
- Other