World Economic Forum’s annual meeting postponed, as concerns grow over fast-spreading Omicron variant

World Economic Forum’s annual meeting postponed, as concerns grow over fast-spreading Omicron variant
Monday 20 December 2021 - 22:07

The World Economic Forum’s (WEF) annual meeting will be postponed until summer, amid worries about the spread of the new Omicron variant, organizers announced this Monday, December 20.

WEF’s meeting was expected to be held in Davos, starting January 17 to 21, with organizers announcing that it will be moved back until early summer.

The event was an occasion for several politicians, business executives, and other major global players to hold talks about common topics.

For now, participants will instead join a headline series of State of the World sessions bringing together global leaders online to focus on shaping solutions to the world’s most pressing challenges, according to WEF’s news release.

“Current pandemic conditions make it extremely difficult to deliver a global in-person meeting,” said the news release, noting newly adopted health restrictions related to banning travel as well as reimposing lockdown in some countries in Europe made it tough to let this event happen in-person.

“The deferral of the Annual Meeting will not prevent progress through the continued digital convening of leaders from business, government, and civil society,” said Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, adding, “Public-private cooperation has moved forward throughout the pandemic and that will continue apace. We look forward to bringing global leaders together in person soon,” concluded the news release.

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