Impact of WEF
WEF has been able to make significant impact in the world for last 50 years and not just through the economic policies but also by solving many international conflict between various countries. The forum assists help in the following areas:-
- Improving policies in favor of world public through discussion with world leaders.
- Equal distribution of scarce natural resources.
- A network of lighthouse countries was launched in 2022 annual meeting. Its aim is to promote digital inclusion in those countries.
- The advance manufacturing hub initiative with the help of WEF is reshaping manufacturing across 9 regions across 4 continents. The nine hubs are in Spain, Denmark, Italy, Qatar, Saudi Arabia, India, Turkey, Republic of Korea and US Center for Advance Manufacturing.
- A global private sector initiative was launched to tackle air pollution with help of WEF and Clean Air Fund.
WEF Full Form
WEF stands for World Economic Forum. It is an independent, international organization whose primary aim is to improve world policies and uplift the economic condition through the participation of various business leaders, political leaders, and social leaders. Let’s dive into it.
Table of Content
- What is WEF?
- Mission Of World Economic Forum
- Background of World Economic Forum
- Activities by World Economic Forum
- World Economic Forum – 54th Annual Meeting 2024
- Notable Works And Decision by World Economic Forum
- Impact of WEF
- Conclusion
- FAQs – WEF Full Form