Annual Report2018–2019www.weforum.orgWorld Economic Forum ® © 2019, All rights reserved.No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system.4 Letter from the Executive Chairman6 Letter from the President and Managing Board8 Our Platforms10 Accelerating Business Transformation 12 Enabling Industry Transformation and Improving the State of the World Shaping the Future of… 14 Advanced Manufacturing and Production 16 Consumption 18 Digital Economy and New Value Creation 20 Energy 22 Financial and Monetary Systems 24 Media, Entertainment and Culture 26 Mobility28 Accelerating Socio-Economic Progress Shaping the Future of… 30 Global Public Goods 34 Health and Healthcare 38 The New Economy and Society 42 International Trade and Investment 44 Investing46 Accelerating Agile Governance Shaping the Future of… 48 Cybersecurity and Digital Trust 52 Technology Governance56 Regional and Geopolitical Activities 58 Responding to a Multi-Conceptual World 60 Africa 62 Asia-Pacific 64 China 66 Eurasia 68 Europe 70 India and South Asia 72 Japan 74 Latin America 76 The Middle East and North Africa 78 North America 80 International Organizations and Informal Gathering of Global Leaders82 Our Foundations 84 Community of Global Shapers 86 Forum of Young Global Leaders 88 Schwab Foundation for Social Entrepreneurship90 Our Core Functions 92 The Forum as Convenor 94 Our Multistakeholder Communities 100 Business Engagement 102 Public Engagement 104 Strategic Intelligence 106 People and Culture 108 Finance and Operations 110 Compliance and Institutional Affairs 112 Our Global Presence 116 Governance and Leadership120 Financial StatementsContents45I am deeply grateful to all who engage with us on our critical mission — businesses, governments, international organizations, academia, young people, civil society and all stakeholders who give their time, energy and strength of purpose to drive collaborative action. It is a special privilege to lead the Forum’s team of 800 talented and dedicated colleagues, driving forward the priorities determined by our committed Board of Trustees.“Dear Stakeholders,For 50 years, the World Economic Forum has had a single guiding vision: to be the platform where business, government, civil society and other stakeholders work together to address critical global issues. This ambition has held constant even as the world has changed almost beyond recognition.Today, we live in a world that has been irreversibly interconnected through communications, technology, trade, culture, markets, finance and people. The world has seen substantial progress. Yet this progress is challenged by its own outcomes. A burgeoning global population has triggered consumption patterns that push against the environmental limits of our world, while the tra...
