Dear Friends, I had the great honour to attend the #DavosAgenda World Economic Forum, as one of 50 young global leaders nominated by Global Shapers. I have got tons of inspiration to Re-imagine the future of development. I’d like to have share my reflection & insights, so to inspire more youngsters to be change-agents in the global agenda!
The theme of the Davos Agenda 2021 is “Crucial Year to Rebuild Trust”. The COVID-19 has become the biggest disrupting factor forcing the public health system collapsed, dragging down economic growth, disturbing political stability, and widening inequality in society. Our existing models no longer meet the needs of people under such a complex and unpredictable context. This is reflected on the declining public trust on politics, politicians, and even institutions. If we don’t address on rebuilding trust, we will be facing a more divided world.
“Restoring trust is about restoring global cooperation”, commented by the founder of the World Economic Forum, Klaus Schwab. He encouraged that everyone should be contributing in shaping a new narrative about the future development. There are five policy pillars on the Davos Agenda to rebuild trust:
- Responsible industry transformation: encourage businesses to embrace the “Stakeholder Capitalism”. By saying it, businesses serve not only the shareholders with their short-term interests, but also all stakeholders, including people, the society, and the planet.
2. Enhancing the global stewardship. Further progress in zero-carb mission.
3. Designing a fair socio-economic system. With the special attention on those vulnerable groups, we should develop a more inclusive society.
4. Shaping new technologies for the good of people and society. This is the first time in the history that technologies start to play the reverse role against human being.
5. Creating a new multilateral system, which is fair and takes into account the necessities of the 21st century.
Following dialogues at #DavosAgenda were mainly around these five pillars. I’d love to share more my personal reflection on dialogues with those inspiring global leaders.