W.E.F (Davos) 2020 Analysis

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Gugu Mfuphi talks to Solly Moeng, Brand Reputation Management Adviser And Ceo Of Strategic Corporate Communications Consultancy Donvalley Reputation Managers about The annual meeting at the World Economic Forum in Davos will kick off today (21 January 2020). The forum brings together 3,000 participants from around the world, and aims to give concrete meaning to “stakeholder capitalism”, assist governments and international institutions in tracking progress towards the Paris Agreement and the Sustainable Development Goals, and facilitate discussions on technology and trade governance.
The Programme for the Annual Meeting will prioritise six key areas:
• Ecology: How to mobilise business to respond to the risks of climate change and ensure that measures to protect biodiversity reach forest floors and ocean beds.
• Economy: How to remove the long-term debt burden and keep the economy working at a pace that allows higher inclusion.
• Technology: How to create a global consensus on deployment of Fourth Industrial Revolution technologies and avoid a ‘technology war’.
• Society: How to reskill and upskill a billion people in the next decade.
• Geopolitics: How the ‘spirit of Davos’ can create bridges to resolve conflicts in global hotspots. Informal meetings to set kickstart conciliation.
• Industry: How to help business create the models necessary to drive enterprise in the Fourth Industrial Revolution. How to navigate an enterprise in a world exposed to political tensions and driven by exponential technological change as well as increasing expectations from all stakeholders.
For the 2020 trip to Davos, South African president Cyril Ramaphosa opted to not attend the forum, leaving finance minister Tito Mboweni to lead the South African delegation in his stead.
21 Jan 2020 8AM English South Africa Business News · Investing

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