Global challenges that have not yet found an adequate response. The consequences of climate change are disrupting developed economies and slowing the energy transition of developing economies. A short circuit that should be managed.
The 54th appointment of World economic forum from today calls to Davos further sixty heads of state and 2800 economists, bankers and politicians. The Secretary General of the UN Antonio Guterres, the French president Emmanuel Macron, the Spanish Pedro Sanchez, the president of the Commission European Ursula von der Leyen the US Secretary of State Anthony flash, the Chinese Prime Minister li qiang, the Ukrainian president Volodymyr Zelensky and the Israeli one Isaac duke they are among the most anticipated guests.
From their interventions we should better understand the relationship between climate events and the main political crises: from the Middle East to Ukraine. International nodes that have become more insidious after COP 28 receive responses with weapons, migrations and diplomatic failures. International finance expects judgments but also solutions to manage a phase in which there is no real dialogue between countries. It is not clear where the center of gravity of decisions is. The UN is undermined in its credibility, the United States, China, Russia, India face the future in a completely autonomous manner. And when a calamity strikes, let those who can save themselves.
Operation trust
“Rebuilding trust” is the main theme of two hundred work sessions between now and January 19th. On the eve of the Forum a group of 1500 economists released a document on global risks which calls for an increase in public-private investment capacity.
In the next two years there will be extreme events of which world finance must take charge so as not to see the wealth present in developed countries destroyed. And the growing inequalities?
“At a time when global challenges require urgent solutions, innovative public-private collaboration is needed to turn ideas into action,” he said Børge Brende, president of the WEF.
It won't be an easy operation even compared to the big onesElection dates for 2024. The specter of conservative policies is in the air. Faced with transversal changes in the world, the ruling classes have shown limitations and underestimations. If from today in Switzerland they question themselves, is it a sign of second thoughts? Perhaps.
