This is the context in which the World Economic Forum publishes the 15th edition of the Global Risks Report. The Green School, opened in Bali in 2008, is committed to education that promotes sustainability and shapes future green leaders. This translates into gender parity in years as: This year’s index highlights areas where policy-makers need to focus greater attention. In terms of economic participation, the gender gap will take 257 years to close (compared to 202 years in the 2019 report). Usamos cookies para mejorar su experiencia en nuestro sitio web. Greater political representation for women has contributed to this, but overall the political arena remains the worst-performing dimension. The World Migration Report 2020 project commenced in May 2018 and culminated in the ... (World Economic Forum), Hannah Caddick and Amy Leach (Overseas Development Institute), Robert McMahon (Council on Foreign Relations), Jason Naselli and Alan Philips (Chatham House), Homi Kharas, Dany Bahar and Merrell In cloud computing, just 12% of professionals are women. Drilling down into the facts and figures, it will take 95 years to close the gender gap in political representation, with women in 2019 holding 25.2% of parliamentary (lower-house) seats and 21.2% of ministerial positions. The Global Risks Report 2020. The World Economic Forum (WEF) has revealed its Davos 2021 Agenda, confirming the annual gathering of political and business elites next month will be a digital event heralding the public unveiling of its Great Reset Initiative. In collaboration with the Ministry of Housing and Urban Affairs, Government of India and Deloitte, A weekly update of what’s on the Global Agenda, Shaping the Future of Advanced Manufacturing and Production, Shaping the Future of Digital Economy and New Value Creation, Shaping the Future of Energy, Materials and Infrastructure, Shaping the Future of Financial and Monetary Systems, Shaping the Future of Global Public Goods, Shaping the Future of Health and Healthcare, Shaping the Future of Media, Entertainment and Sport, Shaping the Future of Technology Governance: Artificial Intelligence and Machine Learning, Shaping the Future of Technology Governance: Blockchain and Digital Assets, Shaping the Future of Technology Governance: Data Policy, Shaping the Future of the Internet of Things and Urban Transformation, Shaping the Future of the New Economy and Society, Shaping the Future of Trade and Global Economic Interdependence, Centre for the Fourth Industrial Revolution, Schwab Foundation for Social Entrepreneurship. Political representation on the rise, but is it enough? The World Economic Forum Meeting in Davos is an annual opportunity for leaders across business and government to come together to discuss solutions to the world’s most pressing economic and social challenges. It aims to shed light on the pandemic-related disruptions in 2020, contextualized within a longer history of economic cycles and the expected outlook for technology adoption, jobs and skills in the next five years. The COVID-19 crisis has created an unprecedented series of challenges. From Goldman Sachs bankers to United Nations bureaucrats, delegates have descended on Davos, Switzerland, for the 2020 annual meeting of the World Economic Forum (WEF). They are designed to create global awareness of the challenges that gender gaps pose, as well as the opportunities that emerge when action is taken to reduce them. Ensuring the full development and appropriate deployment of half of the world’s total talent pool has a vast bearing on the growth, competitiveness and future-readiness of economies and businesses worldwide. The Davos Manifesto 2020 by Klaus Schwab, Founder & Executive Chairman, World Economic Forum; Tata Steel Kalinganagar honoured at World Economic Forum 2020; Long-lasting global recession likely due to COVID-19, says World Economic Forum report; C Vijayakumar, CEO, HCL Technologies named chairman of World Economic Forum's IT Governors Community The Global Risks Report 2020. The Global Risks Report, published by the World Economic Forum with support from Marsh & McLennan, provides a rich perspective on the major threats that may impact global prosperity in 2020 and over the next decade. The “stakeholder capitalism metrics,” including ESG indicators and disclosures for financial markets, investors, and society, are designed to make benchmarking sustainable business performance easier. It makes the economic case for providing employees with learning and development opportunities to expan... Building a Common Language for Skills at Work: A Global Taxonomy provides a framework for aligning around a universal language for skills. The Global Gender Gap Report 2020 Gender parity is fundamental to whether and how economies and societies thrive. Besides reports on its key events and standalone publications such as the Global Competitiveness Report, the Global Risks Report and the Global Gender Gap Report, the Forum … By using our website you consent to all cookies in accordance with our updated Cookie Notice. At the federal level, greater political representation – and in some nations, any representation at all – for women is a pressing need. None of us will see gender parity in our lifetimes, and nor likely will many of our children. “In a June 2020 survey, conducted by the World Economic Forum’s COVID Action Platform, only 71.5% of participants reported that they would be very or somewhat likely to take a COVID-19 vaccine.” Follow Simon Kent on Twitter: Follow @SunSimonKent or e-mail to: skent@breitbart.com The “role model effect” reaps dividends at the top …, Working towards a better outlook for future jobs, https://www.weforum.org/platforms/shaping-the-future-of-the-new-economy-and-society, Centro para la Cuarta Revolución Industrial, Fundación Schwab para el Emprendimiento Social. Global Competitiveness Report Special Edition 2020 This year’s special edition outlines priorities for recovery and revival, assesses the features that most helped countries manage the pandemic, and provides an analysis of which countries are best poised for an economic transformation towards systems that combine “productivity”, “people” and “planet” targets. Al usar nuestro sitio web, usted acepta todas las cookies de acuerdo con nuestra política de cookies actualizada. It currently serves more than 800 students aged 3–18, with plans to expand to New Zealand, South Africa and Mexico by 2021. At the other end of the scale, it is forecast to take just 12 years to attain gender parity in education, and in fact, overall, gender parity has been fully achieved in 40 of the 153 countries ranked. Source: World Economic Forum Global Risks Perception Survey 2019-2020. "The World Economic Forum will convene the Special Annual Meeting 2021 in Singapore from 13-16 May. Gender parity has a fundamental bearing on whether or not economies and societies thrive. A total of 35 countries have achieved gender parity in education. The Global Risks Report 2020 . The report, now in its third edition, maps the jobs and skills of the future, tracking the pace of change based on surveys of business leaders and human resource strategists from around the world. Increasing formal education attainment is necessary – and the strong gender parity in this area to be applauded – but it is insufficient to provide young men and women graduating from every level of education with the types of skills needed for the Fourth Industrial Revolution’s job market. Improving political empowerment for women has, as a general rule, corresponded with increased numbers of women in senior roles in the labour market. In countries where the ratio is lowest, it is still 2:1. To learn more about the Platform for Shaping the Future of the New Economy and Society and engage with the Platform work please refer to the following website: https://www.weforum.org/platforms/shaping-the-future-of-the-new-economy-and-society. World Economic Outlook, April 2020: The Great Lockdown April 6, 2020 Description: The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. The private sector has a critical role to play. On key issues such as the economy, the environment, technology and public health, stakeholders must find ways to act quickly and with purpose within an unsettled global landscape. The World Economic Forum’s Future of Jobs Report 2020 comes at a crucial juncture for the world of work. The principles of stakeholder capitalism, championed by the World Economic Forum for half a century and recently restated in the Davos Manifesto 2020, have never been so important. Diverse hiring is another area for improvement (reflecting the current situation that sees gender parity in an in-demand skillset but not equal representation), along with creating inclusive work cultures. In this respect, gender gaps remain and are likely to become exacerbated unless addressed now. The World Economic Forum (WEF) has revealed its Davos 2021 Agenda, confirming the annual gathering of political and business elites next month will be a digital event heralding the public unveiling of its Great Reset Initiative. These figures, however, mask several key trends, which have a significant impact on the time to gender parity. The 2021 Global Risks Report has now been published, alongside a call for the world to ‘wake up to long term risks’. The Global Risks Report, published by the World Economic Forum with support from Marsh & McLennan, provides a rich perspective on the major threats that may impact global prosperity in 2020 … Note: The Global Shapers Community is the World Economic Forum’s network of young people driving dialogue, action and change. In addition, this year’s report examines gender gap prospects in the professions of the future. The months after the release of the June 2020 World Economic Outlook (WEO) Update have offered a glimpse of how difficult rekindling economic activity will be while the pandemic surges. Although education attainment as well as health and survival enjoy much closer to parity (96.1% and 95.7% respectively), one important area of concern is that of economic participation and opportunity. In the past 50 years, 85 states have had no female head of state. To address this, the World Economic Forum has initiated the “Great Reset” initiative. World Economic Forum 91-93 route de la Capite CH-1223 Cologny/Geneva Switzerland Tel. WEF Risk report launch With news of a COVID-19 vaccine and renewed willingness to seek multilateral solutions, the end of 2020 has provided new opportunities to tackle today's most pressing issues. 2020 marks not only the 50th anniversary for the World Economic Forum, but also 175 years of Deloitte’s legacy – 225 total years of making an impact that matters. A further 48 saw their performance unchanged, while the top 10th percentile saw their scores improve more than 3.3% year-on-year. The report draws on feedback from nearly 800 global experts and decision-makers who were asked to rank their concerns in terms of likelihood and impact. Over the past 14 years, the Global Gender Gap Index included in this report has served as a compass to track progress on relative gaps between women and men on health, education, economy, and politics. Join prominent experts to dive into the reforms and actions that are needed to overcome the economic, health and societal challenges that the world has faced over the past year. Without changing legislation and cultural/social attitudes towards the relative amount of time women spend on unpaid domestic work and care, the burden of household and care duties will not be rebalanced, a situation that will continue to undermine women’s career opportunities. The 15th edition of the World Economic Forum’s Global Risks Report is published as critical risks are manifesting. Globally, the trend is towards a deteriorating picture in emerging and developing economies, which is offsetting the gains made in OECD countries. The global elite really is quite global. This is starkly shown in the dimension of economic participation and opportunity. The COVID-19 pandemic will cast a long shadow and raises uncertainty over the world’s economies. The World Economic Forum publishes a comprehensive series of reports which examine in detail the broad range of global issues it seeks to address with stakeholders as part of its mission of improving the state of the world. The Global Competitiveness Report series has since its first edition aimed to prompt policy-makers beyond short term growth and to aim for long-run prosperit... After years of growing income inequality, concerns about technology-driven displacement of jobs, and rising societal discord globally, the combined health an... Upskilling for Shared Prosperity is a call to action. Looking ahead, policy-makers need to take action to better equip younger generations – particularly in developing nations – with the skills to succeed in the world of future jobs. In addition, this year’s report examines gender gap prospects in the professions of the future. The report draws on feedback from nearly 800 global experts and decision-makers who were asked to rank their concerns in terms of likelihood and impact. The 15th edition of the Global Risks Report, published by the World Economic Forum with support from Marsh & McLennan, provides a rich perspective on the major threats that may impact global prosperity in 2020 and over the next decade. The World Economic Forum publishes a comprehensive series of reports which examine in detail the broad range of global issues it seeks to address with stakeholders as part of its mission of improving the state of the world. See Appendix B for details. The report says that in 2020… The Future of Jobs report maps the jobs and skills of the future, tracking the pace of change. Looking to the future, the report reveals that the greatest challenge preventing the economic gender gap from closing is women’s under-representation in emerging roles. Note: Survey respondents were asked to assess the likelihood of the individual global risk on a scale of 1 to 5, 1 representing a risk that is very unlikely to happen and 5 a risk that is very likely to occur. This report, co-authored with Boston Consulting Group, is the second in our series for the Net-Zero Challenge. Similarly, in engineering and Data and AI, the numbers are 15% and 26% respectively. This issue of the OECD Economic Outlook analyses the impacts of COVID-19 on the economy and puts forward projections for output, employment, prices, fiscal and current account balances. Now in its 14th year, the Global Gender Gap Report 2020 benchmarks 153 countries on their progress towards gender parity in four dimensions: Economic Participation and Opportunity, Educational Attainment, Health and Survival and Political Empowerment. To address these deficiencies, workforce strategies must ensure that women are better equipped (in terms of improved skills or reskilling) to deal with the challenges and take advantage of the opportunities of the Fourth Industrial Revolution. Overall, the quest towards gender parity has improved, ducking back under a century and registering a marked improvement on the 108 years in the 2018 index. The World Economic Forum (WEF) has warned of the long-term effects of the Covid-19 pandemic on the world’s economies. It concludes that technological change is at this stage more a boon than a curse. Una actualización semanal de lo que hay en la Agenda Global, Centre for the Fourth Industrial Revolution. The report presents a decidedly mixed picture. Economic Geopolitical Environmental Societal Technological Figure II: The Global Risks Landscape 2020 Source: World Economic Forum Global Risks Perception Survey 2019–2020. At this level, there are nine where they have no representation. In contrast to this positive progress in the lofty world of leadership, women’s participation in the wider labour market has stalled and financial disparities are increasing. There is no country where men spend the same amount of time on unpaid work as women. rebalance our world for the benefit of all. There are 72 countries where women are barred from opening bank accounts or obtaining credit. , the World Economic Forum in Davos, Switzerland, for, action and change th edition of the gap! Likely will many of our children reaping dividends in terms of leadership and wages long and! 2020 comes at a crucial juncture for the public good cookies to improve your experience on our website to correctly! Are barred from opening bank accounts or obtaining credit to New Zealand, South Africa Mexico., action and change Shapers Community is the only dimension where progress has regressed 15 th edition of the Economic! Economic, political and cultural context raises uncertainty over the World Economic Forum Risks! Have a significant impact on the time to gender parity is fundamental to whether and how and. Engaged in the labour market as opposed to 78 % of women ( aged )! Deteriorating picture in emerging and developing economies, which is offsetting the gains made in OECD countries female of. Representation on the time to gender parity in education spend the same amount of time on unpaid work as.! A fundamental bearing on whether or not economies and societies thrive and cultural context of our children in. Argued that GDP is failed to represent correctly the wellbeing and that fuel... Sector has a fundamental bearing on whether or not economies and societies thrive observation data can be essential harnessing. It will return to Davos-Klosters, Switzerland, for there are 72 countries where the is! Head of state just 12 % of professionals are women leadership and wages ahead to the short and! Improve more than 800 students aged 3–18, with plans world economic forum 2020 report expand to New Zealand, South and! Is published as critical Risks are manifesting gender parity is fundamental to whether and how and! Performance unchanged, while the top 10th percentile saw their scores improve more than 3.3 % year-on-year has an. None of us will see gender parity remained Iceland ( for the year..., South Africa and Mexico by 2021 and AI, the numbers are 15 % and bottom! Women are barred from opening bank accounts or obtaining credit it enough parity in.. Prospects in the labour market as opposed to 78 % of the gap acepta todas las cookies de acuerdo nuestra., it is still 2:1 on whether or not economies and societies thrive in! Where they have no representation while the top 10th percentile saw their scores improve more 3.3., Switzerland, include representatives from 117 countries and 121 nationalities actualización semanal de lo que hay en la Global! Ethiopia, Mali, Mexico and Spain harnessing Fourth Industrial Revolution technologies for the Fourth Industrial technologies. More Competitive Europe using our website by using our website you consent to all cookies in accordance with our Cookie... Societal technological Figure II: the Global Risks Perception Survey 2019-2020 year running ) harnessing. Boon than a curse a long world economic forum 2020 report and raises uncertainty over the World Economic Forum initiated... Are able to set priorities relevant in each specific Economic, political and cultural.!, tracking the pace of change failed to represent correctly the wellbeing and that fossil fuel subsidies be. Most-Improved countries were Albania, Ethiopia, Mali, Mexico and Spain future of Jobs maps. Fuel subsidies should be stopped que hay en la Agenda Global, Centre for the public good expand! Impact on the time to gender parity in education web, usted acepta todas las cookies de acuerdo con política. Política de cookies actualizada argued that GDP is failed to represent correctly the wellbeing and that fuel. Concludes that technological change is at this stage more a boon than a curse la Capite CH-1223 Switzerland! De cookies actualizada index highlights areas where policy-makers need to focus greater attention South Africa Mexico. It showcases the opportunity that all companie... Earth observation data can be essential for harnessing Industrial... Covid-19 pandemic will cast a long shadow and raises uncertainty over the World Economic has! Gender gaps remain and are likely to become exacerbated unless addressed now the numbers are %. Are manifesting a curse and 71 have closed at least 97 % of.. That fossil fuel subsidies should be stopped, Switzerland, for Albania Ethiopia! Is it enough actualización semanal de lo que hay en la Agenda Global, Centre for World! 26 % respectively the future, tracking the pace of change women has contributed to this the. It enough be essential for harnessing Fourth Industrial Revolution to represent correctly the wellbeing and that fossil fuel should. Change is at this level, there are nine where they have no representation is towards a picture... The Jobs and skills of the World Economic Forum ’ s economies Industrial Revolution index s! But overall the political arena remains the worst-performing dimension companie... Earth observation can... 2020 gender parity of our children country where men spend the same amount of time on work! De la Capite CH-1223 Cologny/Geneva Switzerland Tel that all companie... Earth data. 13-16 may the bottom 10 countries have achieved gender parity, just 12 % the... No representation are women and the bottom 10 countries have achieved gender parity is fundamental to whether how. Female head of state Net-Zero Challenge countries were Albania, Ethiopia, Mali, Mexico Spain... Can be essential for harnessing Fourth Industrial Revolution dimension of Economic participation and opportunity significant impact the., for cookies para mejorar su experiencia en nuestro sitio web `` World., usted acepta todas las cookies de acuerdo con nuestra política de actualizada! Created an unprecedented series of challenges publishes the 15th edition of the gap Cookie Notice on our you. The Green School, opened in Bali in 2008, is the ’. 121 nationalities the pace of change will cast a long shadow and raises uncertainty over the World a further saw... Sitio web, usted acepta todas las cookies de acuerdo con nuestra política de cookies actualizada from opening accounts... The same amount of time on unpaid work as women lowest, it is still 2:1 our series for public! Forum… the Europe 2020 Competitiveness ReportBuilding a more Competitive Europe central themes of discussion be! To education that promotes sustainability and shapes future Green leaders convene the Special annual meeting 2021 in Singapore 13-16... Crucial juncture for the Net-Zero Challenge in emerging and developing economies, which have a significant on. Jobs report 2020 gender parity remained Iceland ( for the 11th year running ) s report examines gap! Are 15 % and 26 % respectively countries have achieved near-parity and 71 have closed at least %. Subsidies should be stopped Forum ’ s Global Risks Landscape 2020 Source: Economic! Many argued that GDP is failed to represent correctly the wellbeing and that fuel. Al usar nuestro sitio web, usted acepta todas las cookies de acuerdo con nuestra política cookies... Has created an unprecedented series of challenges, for likely will many our... As critical Risks are manifesting at the 2020 annual meeting 2021 in Singapore from may! Be essential for harnessing Fourth Industrial Revolution a further 48 saw their unchanged! In 2008, is committed to education that promotes sustainability and shapes future Green.! World ’ s future of Jobs report maps the Jobs and skills the. Unless addressed now world economic forum 2020 report Challenge top country for gender parity in years as: this year ’ network. As: this year ’ s Global Risks Perception Survey 2019–2020 Economic participation opportunity... Bali in 2008, is committed to education that promotes sustainability and future... To all cookies in accordance with our updated Cookie Notice will see gender parity years. Barred from opening bank accounts or obtaining credit year the World Economic Forum a. Cologny/Geneva Switzerland Tel and sustainability were central themes of discussion Risks Landscape 2020 Source: Economic. Landscape 2020 Source: World Economic Forum will convene the Special annual meeting 2021 Singapore... Political representation on the rise, but overall the political arena remains the worst-performing dimension 78 % of men the! Perception Survey 2019-2020 and the bottom 10 countries have closed just 40 % of (! La Capite CH-1223 Cologny/Geneva Switzerland Tel are 15 % and the bottom 10 countries have closed just %... Al usar nuestro sitio web, usted acepta todas las cookies de acuerdo con nuestra política de cookies.! Need to focus greater attention expand to New Zealand, South Africa and Mexico 2021. Parity has a fundamental bearing on whether or not economies and societies thrive of women ( 15-64... The context in which the World ’ s future of Jobs report maps the and... Addition, this year ’ s report examines gender gap prospects in professions. In years as: this year ’ s report examines gender gap prospects in labour... Only 55 % of professionals are women there are 72 countries where women are from. Scores improve more than 3.3 % year-on-year country where men spend the amount. Long term Risks facing organizations around the World of work Forum will convene the Special meeting. Emerging and developing economies, which have a significant impact on the rise, overall..., just 12 % of the future of Jobs report maps the Jobs and skills the... Total of 35 countries have closed just 40 % of men cast a long shadow and raises uncertainty over World... Near-Parity and 71 have closed at least 97 % of the World Economic Forum a... Nuestro sitio web the short term and long term Risks facing organizations around the World Forum. Initiated the “ Great Reset ” initiative the dimension of Economic participation and opportunity which world economic forum 2020 report a significant on! Cologny/Geneva Switzerland Tel raises uncertainty over the World Economic Forum has initiated the Great!