WEF | Geneva, Switzerland, 3 June 2020 – “The Great Reset” will be the
theme of a unique twin summit to be convened by the World Economic Forum
in January 2021. The 51st World Economic Forum Annual Meeting will
bring together global leaders from government, business and civil
society, and stakeholders from around the world in a unique
configuration that includes both in-person and virtual dialogues.
“We only have one planet and we know that climate change could be
the next global disaster with even more dramatic consequences for
humankind. We have to decarbonize the economy in the short window still
remaining and bring our thinking and behaviour once more into harmony
with nature,” said Klaus Schwab, Founder and Executive Chairman of the
World Economic Forum.
“In order to secure our future and to prosper, we need to evolve
our economic model and put people and planet at the heart of global
value creation. If there is one critical lesson to learn from this
crisis, it is that we need to put nature at the heart of how we operate.
We simply can’t waste more time,” said HRH The Prince of Wales.
“The Great Reset is a welcome recognition that this human tragedy
must be a wake-up call. We must build more equal, inclusive and
sustainable economies and societies that are more resilient in the face
of pandemics, climate change and the many other global changes we face,”
said António Guterres, Secretary-General, United Nations, New York.
“A Great Reset is necessary to build a new social contract that
honours the dignity of every human being,” added Schwab “The global
health crisis has laid bare the unsustainability of our old system in
terms of social cohesion, the lack of equal opportunities and
inclusiveness. Nor can we turn our backs on the evils of racism and
discrimination. We need to build into this new social contract our
intergenerational responsibility to ensure that we live up to the
expectations of young people.”
“COVID-19 has accelerated our transition into the age of the
Fourth Industrial Revolution. We have to make sure that the new
technologies in the digital, biological and physical world remain
human-centred and serve society as a whole, providing everyone with fair
access,” he said.
“This global pandemic has also demonstrated again how
interconnected we are. We have to restore a functioning system of smart
global cooperation structured to address the challenges of the next 50
years. The Great Reset will require us to integrate all stakeholders of
global society into a community of common interest, purpose and action,”
said Schwab. “We need a change of mindset, moving from short-term to
long-term thinking, moving from shareholder capitalism to stakeholder
responsibility. Environmental, social and good governance have to be a
measured part of corporate and governmental accountability,” he added.
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