WEF is mostly funded by its 1,000 member companies. The organisation was founded on Januby Klaus Schwab. WEF is an international non-governmental and lobbying organisation. During the summit, several WEF initiatives will be launched to accelerate the race towards net-zero emissions, cyber resilience and economic opportunity of nature-positive solutions.It will also mobilize government and business leaders, civil society, and international organizations to share their outlook, insights and plans related to global issues like social contracts, vaccine equality and climate change.It will provide crucial insights into several critical challenges, through special addresses. For LGBT inclusion to be recognised and discussed as an economic opportunity for companies and countries at Davos gives it the importance it deserves, said Beth Brooke-Marciniak, a recognised. It is the starting point for the dialogue required for global cooperation in 2022.Online summit will also witness sessions on energy transition, Latin America outlook and scaling up climate innovation.On technology cooperation in the fourth industrial revolution. Two virtual summits are expected in the online summit:.However, it has been deferred this year, and will be held in virtual mode, amid covid-19 pandemic. The WEF has been holding its annual meeting “Davos Agenda Summit” in Swiss ski resort of Davos every year. WEF virtual meeting will be aligned with the objective of “orienting global leaders on the imperatives of the year ahead”. They will deliberate on critical challenges that the world is facing today and also discuss ways to address them.
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