2020 branded the 50th anniversary for the World Economic Forum (WEF) at Davos for creating awareness on stakeholders for a cohesive and sustainable world and another theme was “How to save the planet”. With more than 3000 people including leaders, influencers from across the industries gathered from 130 countries at Davos resort to participate WEF for four days, most to discuss priority global issues.

Who was at Davos 2020?         

Like every year, with big names, this event brought an influential set of people around the world to one place from politics, business, civil society, academia, media and the arts. The main attraction was US President Donald Trump to attend WEF along with climate activist Greta Thunberg to address the climate catastrophe happening around the world and how influential business leaders do “only the talking” not the required action.

Satya Nadella, CEO of Microsoft, who pledged last week that Microsoft would be “carbon negative” within a decade. German Chancellor Angela Merkel and Sundar Pichai, CEO of Alphabet also addressed the forum. 

What they talked about?

Climate Activist, Greta Thunberg was the main attraction in the forum to discuss climate change.

“No political ideology or economic structure has been able to tackle the climate and environmental emergency and create a cohesive and sustainable world,” she said in WEF 2020. Also, to put direct attention to the problem she added: “The world in case you hadn’t noticed, is currently on fire”.

On another side, Donald Trump lashed out at Greta Thunberg by stating “We must reject the perennial prophets of doom and their predictions of the apocalypse,”

Women at Davos

To break the gender gap, compared to last year as most participants were mostly men, this year women participation increased to 24%.

Finance and Accounting In Davos

This year, Finance and Accounting also came in the picture when big personalities talked about business and how they are impacting the world. One of the six key areas was the economy. It was a tangible effort to seek an answer for how to remove the long-term debt burden and keep the economy working at a pace that allows higher inclusion.

Also, Misha Rao, Founder of Haus of Fintech highlighted “It is time to actively question how we catalyze the fintech ecosystem globally and build coalitions and strategic partnerships that come up with practical solutions and ensure prosperity is widely shared on a local and an international level.”

With WEF, Acobloom International not only supports the vision of creating a difference in the community, but we also amplify our workflow to develop meaningful and assessable solutions to the accounting industry.