Why in news?
• The World Economic Forum (WEF) will adopt a new twin-summit format for its next annual Davos meeting in January 2021, by bringing together leaders from across the globe for in-person as well as virtual dialogues with a theme of ‘The Great Reset’.
About:
• The gathering of the world’s rich and powerful, held every year in Davos, the Swiss ski resort town, will also open its doors virtually for everyone across the world online and through a network of more than 400 hubs globally.
• ‘The Great Reset’ will be the theme of this unique twin summit in January 2021. In the run-up to the main annual meeting, the WEF will also host a virtual series, The Great Reset Dialogues.
Background:
• The World Economic Forum (WEF), based in Cologny-Geneva, Switzerland, is an NGO, founded in 1971.
• The WEF hosts an annual meeting at the end of January in Davos, a mountain resort in Graubünden, in the eastern Alps region of Switzerland.
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