World Economic Forum Declares 2023 the ‘Year of the Polycrisis’

World Economic Forum Declares 2023 the ‘Year of the Polycrisis’
Klaus Schwab, founder and executive chairman of the World Economic Forum, delivers a welcome message on the eve of the annual meeting of the WEF in Davos, Switzerland, on Jan. 20, 2020. AP Photo/Markus Schreiber
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The World Economic Forum’s (WEF) 53rd annual meeting of political leaders, corporate executives, and activists in Davos, Switzerland, will focus on rededicating its members to a progressive climate and social-justice agenda in the midst of what is described as “unprecedented multiple crises,” founder and Executive Chairman Klaus Schwab said.

“The theme of our meeting ... is cooperation in a fragmented world,” Schwab stated. In what the WEF calls the “Year of the Polycrisis,” he declared that “economic, environmental, social, and geopolitical crises are converging and conflating, creating an extremely versatile and uncertain future.”