China a Committed Global Partner Affirms Vice-President Wang

China a Committed Global Partner Affirms Vice-President Wang
Fon Mathuros, Head of Media, World Economic Forum: Tel.: +41 (0)79 201 0211; Email: fmathuro@weforum.org · This year marks 40 years of relations between China and the World Economic Forum · China remains a committed global partner for peace, economic growth and upholding international order · Wang advocates increasing the economic pie, rather than fighting over how to divide it up · For more information about the Annual Meeting, visit www.weforum.org Davos-Klosters, Switzerland, 23 January 2019 – Leading the Chinese delegation to Davos this year, Wang Qishan, Vice-President of the People’s Republic of China, reiterated the virtues of the rising global superpower. “China remains committed to building world peace, promoting global growth and upholding the international order,” he told the participants in a special address at the World Economic Forum Annual Meeting, in a year that marks 40 years of relations between China and the Forum. “Today, China’s interests and future are closely linked to those of the world,” said Wang. “While developing itself, China also wishes to work with all countries for common development and a community with a shared future for mankind.” To understand China, he observed, one must turn to the lessons of history. “The advances in China in the past 70 years are not a godsend, nor a gift from others. Rather, they are made by the Chinese people through vision, hard work, courage, reform and innovation,” he said. Pointing to decisive economic progress in China, such as the number of rural people living in poverty reduced by more than 80 million since 2013, Wang told participants at the meeting that China is committed to reform and continued opening up, guided by its unique economic and political system. “China has moved up from the low end to the medium and high end of the global industrial chain. The nearly 1.4 billion Chinese who are enjoying greater prosperity have unleashed huge demand backed by purchasing power. This has unlocked enormous market potential that no one can afford to ignore,” he said. “We will further improve and enrich socialism with distinctive Chinese features through reform and opening up. This is a path we believe in, and we will steadily forge ahead along this path.” Identifying the economic gaps that have emerged from globalization, Wang noted that, in market economies, there is a disproportionate emphasis on efficiency, often at the cost of equity. “What we need to do is make the pie bigger while looking for ways to share it in a more equitable way,” he said. “The last thing we should do is to stop making the pie and just engage in a futile debate on how to divide it. Shifting blame for one’s own problems onto others will not resolve the problems.” The Fourth Industrial Revolution – with its speed, scale and complexity, and the way it shapes human society – represents a significant evolution of the globalization process, said Wang, but requires international unity and a respect for multilateral institutions and international rules. “We must work together to shape the global architecture in the age of the Fourth Industrial Revolution with the vision to create a better future for all mankind,” he added. “In this changing world, making advances is like climbing a mountain. It is commitment, conviction and confidence that drive us forward. In this era of unfolding economic globalization, all of us share a common stake,” he noted. “As a Swiss proverb goes, ‘Torches light up each other’.” The World Economic Forum Annual Meeting brings together more than 3,000 global leaders from politics, government, civil society, academia, the arts and culture as well as the media. Convening under the theme, Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution, participants are focusing on new models for building sustainable and inclusive societies in a plurilateral world. For further information, please click here. Notes to editors Watch live webcasts http://wef.ch/am19 Guide to how to follow and embed sessions on your website at http://wef.ch/howtofollow View the best photos from the event at http://wef.ch/pix Read the Forum Agenda at http://wef.ch/agenda Become a fan of the Forum on Facebook at http://wef.ch/facebook Watch Forum videos at http://wef.ch/video Follow the Forum on Twitter via @wef and @davos, and join the conversation using #wef19 Follow the Forum on Instagram at http://wef.ch/instagram Follow the Forum on LinkedIn at http://wef.ch/linkedin Learn about the Forum’s impact on http://wef.ch/impact Subscribe to Forum news releases at http://wef.ch/news

Explored- the Digital Infrastructure for the Next Billion Users in Emerging Markets

Explored: the Digital Infrastructure for the Next Billion Users in Emerging Markets
Bahasa IndonesiaFon Mathuros, Head of Media, Public Engagement, Tel.: +41 (0)79 201 0211, Email: fma@weforum.orgThe Digital Infrastructure Report 2015 examines the challenges of providing infrastructure and applications to 4.5 billion unconnected consumers, largely in emerging marketsAll markets face challenges related to changes in consumer and business usage and the need to remove frictions that prevent users from transporting and accessing data.More than 1 billion people will move to cities, requiring the development of “smart cities” with ICT infrastructuresAccess the report here and for more information about the meeting: http://wef.ch/ea15Jakarta, Indonesia, 20 April 2015 – At a time when the potential of the internet for economic and social benefit seems boundless, major issues loom that could affect the ability of billions of people – 96 % of them in emerging markets – to get connected and participate fully in the digital economy. The Digital Infrastructure Report, published today, explores these issues in depth.The report, written in collaboration with the Boston Consulting Group, argues that emerging markets face two broad issues in providing affordable internet access: building network capacity and expanding network coverage, including a critical and urgent need for more spectrum to be released and allocated to mobile usage. Encouraging broader internet usage, particularly in emerging markets, is also critical to bringing more people online.The Digital Infrastructure Report also points out that the changing nature of consumer and business usage and the rise of the Internet of Things will have a significant impact on network infrastructure needs in developed and emerging markets. It argues that governments should support policies that encourage network investments to meet future traffic growth, including removing barriers to the roll-out of low-cost technologies such as small cells, experimentation with new commercial pricing models and the rationalization of legacy regulations.“The technologies exist to help resolve several of these issues, but some are hampered by out-of-date policies, legislation and regulations,” said Bruce Weinelt, Director, Head of Telecommunication Industry, World Economic Forum. “There is a need for rationalization of legacy regulation, as well as experimentation with new commercial pricing models that can fund network investments without harming competition.”As more of the world’s population migrates to urban centres, the development of “smart cities” requires the planning and deploying of ICT infrastructure. More than 1 billion people will move to cities over the next 15 years – about 360 new cities with populations of 500,000 or more will be created – mostly in developing markets. Governments need to set smart-city policies. These include determining targets for long-term investments in a city’s digital infrastructure and driving greater citizen engagement, and allowing industry to focus on the execution of the policies and deciding where the best returns on investment lie.“Governments in emerging economies have been determining the specifics of their broadband access aspirations. This assessment should help to develop a country-specific operating and funding approach, one that is technology agnostic, provides incentives for investment and allows experimentation,” said Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises. “Countries could learn from the different models being used to connect the economically unviable regions.”As digital technologies become more pervasive in everyday life, there is a growing need to unlock consumer and industry value by removing frictions that prevent users from transporting and accessing their data, particularly their personal data and digital identities, while continuing to respect user privacy.The Co-Chairs of the World Economic on East Asia are: Hans-Paul Bürkner, Chairman, The Boston Consulting Group, Germany; John Riady, Executive Director, Lippo Group, Indonesia; Budi Gunadi Sadikin, Chief Executive Officer, PT Bank Mandiri (Persero), Indonesia; William Lacy Swing, Director-General, International Organization for Migration (IOM); and Teresita Sy-Coson, Vice-Chairman of the Board, SM Investments Corporation, Philippines.Notes to Editors:Follow the World Economic Forum on East Asia at http://wef.ch/ea15Find here for the Meeting Overview and Programme at a GlanceView the best Forum Flickr photos at http://wef.ch/ea15pixWatch live webcasts of sessions at http://wef.ch/liveBecome a fan of the Forum on Facebook at http://wef.ch/facebookFollow the Forum on Twitter at http://wef.ch/twitter and http://wef.ch/livetweetFollow us on Google+ at http://wef.ch/gplusRead our Blogs at http://wef.ch/agendaView upcoming Forum events at http://wef.ch/eventsSubscribe to Forum news releases at http://wef.ch/newsShare this:Share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on WhatsApp (Opens in new window)

Tropical Forest Alliance Annual Meeting Sees Milestones in National and Global Commitments to Tackling Deforestation

Tropical Forest Alliance Annual Meeting Sees Milestones in National and Global Commitments to Tackling Deforestation
Yann Zopf, Public Engagement, Tel.: +41 79 204 1610, Email: yzo@weforum.org The Tropical Forest Alliance, hosted by the World Economic Forum, has concluded its Annual Meeting in Bogotá, Colombia Outcomes from the meeting include two major initiatives by the Colombian government, including a new $20 million fund to promote low-carbon investment and a commitment to eliminate deforestation from meat and dairy production in the country The German government also joined the Alliance More information on the Tropical Forest Alliance here Geneva, Switzerland, 13 May 2019 – The World Economic Forum’s Tropical Forest Alliance annual meeting, which has concluded in the Colombian capital, Bogotá, has seen a number of commitments that will contribute to the Alliance’s goal of protecting the world’s tropical rainforests. The meeting took place the same week world scientists warned that deforestation was one of the key drivers of ecological collapse, with up to 1 million species at risk of extinction (according to the Intergovernmental science-policy Platform on Biodiversity and Ecosystem Services – IPBES report). The meeting convened over 200 leaders from government, business and civil society and was co-hosted by the Colombian government. With over 50% of its land area forested, Colombia has the second-highest biodiversity density in the world after Brazil. Important outcomes from the meeting included: The launch by the Colombian government of a $20 million BioCarbon Fund aimed at reducing deforestation and degradation, promoting smart agriculture and sustainable land use – the funding corresponds to commitments by the governments of Germany, Norway and the United Kingdom The Colombian government’s successful conclusion of an agreement with the meat and dairy industries to eliminate deforestation – the two strategic sectors complement existing agreements on cocoa and palm oil in the country The German government, through the Federal Ministry for the Environment (BMU) and the Federal Ministry for Economic Cooperation and Development (BMZ), joined the Tropical Forest Alliance Among other outcomes from the meeting were agreements to promote South-South cooperation at the national and sub-national level. These groups, along with business and civil society leaders, have agreed to hold a special meeting during the UN Climate Action Summit 2019 in September. In his address to the Alliance, the President of Colombia, Iván Duque, expressed strong commitment to stop tropical deforestation. The actions and commitment of the Colombian government mark an important milestone in the global fight against deforestation. Deforestation has actually increased in the country since the peace agreement was signed and, in response, the government has developed an integrated strategy that involves fighting illegality, advancing deforestation-free supply chains, promoting restoration and implementing an innovative carbon tax. Colombia will join a growing list of countries determined to champion the role of nature-based solutions to address climate change in New York in September. “It’s quite simple. Life on earth isn’t possible without forests because they are integral to ecosystems and livelihoods around the world. While the original commitment was to eliminate deforestation from commodity supply chains by 2020, companies and governments have made important progress to enhance transparency and clean up supply chains over the last decade. It is only by coming together and harnessing the power of the full Alliance to force through real systemic change that protecting our forests for future generations can be achieved,” said Justin Adams, Director, Tropical Forest Alliance. “Colombia is proud to host this meeting to showcase how we are advancing to differentiate our production of palm oil and cocoa as deforestation-free on the world stage, and to take the beef and dairy supply chains along that same route. Currently we face a spike of deforestation in the Colombian Amazon and the TFA meeting provided an opportunity to involve companies in reversing these trends by understanding their supply chains and working to eliminate any trace of deforestation from them. Thus, the private sector can be part of the solution and help us tackle this complex problem,” said Roberto Esmeral,Vice-Minister of Territorial Environmental Planning of the Ministry of Environment and Sustainable Development of Colombia. In 2010, members of the Consumer Goods Forum, including many major food and consumer goods companies, committed to end deforestation in key supply chains. Governments, businesses, civil society and indigenous people’s organizations further strengthened commitments in 2014 by endorsing the New York Declaration on Forests, which called for halving global deforestation rates by 2020 and ending it by 2030. The Tropical Forest Alliance was brought into the World Economic Forum in 2015 to accelerate action on deforestation in the run-up to 2020 and beyond. Notes to editors: Learn more about the Tropical Forest Alliance: www.tfa2020.org/en/ View the best photos from the event at http://wef.ch/pix Read the Forum Agenda in English at http://wef.ch/agenda or in Spanish at http://wef.ch/agenda_es Become a fan of the Forum on Facebook at http://wef.ch/facebook Watch our videos at http://wef.ch/video Follow the Forum on Twitter via @wef Follow our Instagram at http://wef.ch/instagram Follow us on LinkedIn at http://wef.ch/linkedin Learn about the Forum’s impact on http://wef.ch/impact Subscribe to Forum news releases at http://wef.ch/news