Davos 2025: WEF's Summit a ClimateTech Beacon for the Future

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The World Economic Forum's annual summit takes place on January 20, 2025 in Davos, Switzerland | Credit: World Economic Forum
The WEF's annual Davos 2025 summit gears up to tackle global climate challenges with a fresh focus on sustainability and inclusion

Every January, the Swiss Alps town of Davos transforms from a quiet resort into the beating heart of global diplomacy and decision-making.

The World Economic Forum (WEF), which kicks off its annual meet there, draws a global mix of leaders from states, corporates, academia and the press, focusing deeply on sustainability.From its humble beginnings in 1971, the WEF has grown into a powerhouse, influencing international policy and fostering worldwide partnerships.

Davos, Switzerland, the scenic setting for the World Economic Forum's annual summit | Credit: World Economic Forum

As we look towards the upcoming summit on 20 January, 2025, ClimateTech Digital offers insights into the event's crucial role in the eco-centric calendar.

The birth of Davos and the WEF's mission

The forum was founded on 24 January, 1971 by German economist Klaus Schwab.

It initially served as a managerial platform for European firms but soon expanded, drawing global participants to debate not just business but also pressing issues like geopolitics, tech advances and environmental changes.

Klaus Schwab, Founder of the World Economic Forum | Credit: World Economic Forum

Its location, tucked away in the mountains, symbolises the WEF's preference for serene settings, away from city bustle, perfect for discussions that shape the future.

Davos: A catalyst for cco-innovation

In recent years, sustainability has topped the agenda at Davos, taking cues from pressing global issues like climate change, biodiversity threats and socio-economic divides.

The summit has consistently echoed the UN's Sustainable Development Goals, integrating concepts like the green energy shift, circular economies and net-zero targets into mainstream dialogue.

Davos has been pivotal in driving major eco-initiatives, from the Paris Agreement to boosts in renewable tech and ethical investment.

As an innovation hub, the summit showcases breakthroughs in AI, green tech and sustainable farming, effectively bridging scientific prowess with policymaking.

The 2025 summit

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At the 2025 summit, the WEF aims to address a convergence of crises with newfound intensity.

This year, under the theme Resilience and Renewal: Pathways to a Sustainable Future, the focus is sharp on carbon reduction, water security and fair resource distribution.

It marks a pivotal moment in Davos history.

Notably, this year amplifies younger, grassroots voices — a shift from the usual high-level exclusivity. The forum is embracing insights from indigenous populations, young social entrepreneurs, and sub-30 climate campaigners, highlighting a more inclusive approach to global problem-solving.

Davos scrutiny

Despite its clout, the WEF isn't shielded from critique.

Its exclusivity and top-heavy participant list draw criticism.

Professor Jan Aart Scholte from Leiden University says: “It is an exclusive invitation-only club and meaningful participation is mainly limited to the world’s more powerful governments, corporations and civil society actors.

Jan Aart Scholte, Professor of Global Transformations and Governance Challenges at Leiden University | Credit: Leiden University

"Moreover, when excluded people disagree with or feel harmed by WEF activities, they generally lack adequate channels to be heard and pursue redress.”Accusations of greenwashing, particularly among fossil fuel corporates, are present, too. However, energy industry leaders like Ignacio Galán, Chairman of Iberdrola, assert the forum's unique position in fostering dialogues that bridge divergent sectors towards a sustainable transition.

Iberdrola Chairman, Ignacio Galán | Credit: Iberdrola

He says: "The opportunities presented by the transition are enormous, but it is vital that both business and policy makers focus now on ensuring that people have the right skills and training.

"Without skilled workers, the transition will not be achieved and the benefits will be non-existent."

The future of sustainability events

As Davos 2025 approaches, it promises to be a litmus test for global commitment to environmental and economic resilience.

"The question is no longer if we can achieve a clean energy future but how we address the financial, structural and regional barriers to do so," says Christian Bruch, President and CEO of Siemens Energy.

Christian Bruch, President and CEO of Siemens Energy | Credit: Siemens

"The success of the global energy transition hinges on our ability to bridge financing gaps and tailor solutions to diverse regional realities. The challenges are immense, but so are the opportunities."

While views on its efficacy vary, Davos undeniably remains a critical barometer and catalyst for international policy and innovation.

As a hub for world-shaping discussions, its impact on the trajectory of global affairs continues one conversation at a time.


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