The COVID-19 crisis has created an unprecedented series of challenges. Globally, only 55% of women (aged 15-64) are engaged in the labour market as opposed to 78% of men. The Europe 2020 Competitiveness ReportBuilding a More Competitive Europe. In cloud computing, just 12% of professionals are women. 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. 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. Globally, gender parity stands at 68.6% and the bottom 10 countries have closed just 40% of the gender gap. The Global Risks Report 2020. As a result of the pandemic, the global economy is projected to contract sharply by –3 percent in 2020, much worse than during the 2008–09 financial crisis. The Global Risks Report 2020 published on Wednesday by the World Economic Forum says economic and political polarisation will rise this year, while collaboration between world … It concludes that technological change is at this stage more a boon than a curse. Political empowerment scores are poor. The report presents a decidedly mixed picture. 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). By using our website you consent to all cookies in accordance with our updated Cookie Notice. 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. By region, Western Europe has made the most progress on gender parity (standing at 76.7%), followed by North America (72.9%), Latin America and the Caribbean (72.2%), Eastern Europe and Central Asia (71.3%), Sub-Saharan Africa (68.2%), South Asia (66.1%) and the Middle East and North Africa (60.5%). It synthesizes and... For the world to achieve a sustainable, equitable recovery, governments, businesses and civil society groups must come together. The World Economic Forum’s Future of Jobs Report 2020 comes at a crucial juncture for the world of work. 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. 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. 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. A set of universal environmental, social, and governance (ESG) measures and disclosures released Tuesday by the World Economic Forum is designed to help companies report nonfinancial disclosures. The Global Risks Report 2020. To address this, the World Economic Forum has initiated the “Great Reset” initiative. The 15 th edition of the World Economic Forum’s Global Risks Report is published as critical risks are manifesting. 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. At this level, there are nine where they have no representation. The Forum… Note: The Global Shapers Community is the World Economic Forum’s network of young people driving dialogue, action and change. In the past 50 years, 85 states have had no female head of state. 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. In terms of economic participation, the gender gap will take 257 years to close (compared to 202 years in the 2019 report). 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. See Appendix B for details. January 2020. 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. Developing and deploying one-half of the world’s available talent has a huge bearing on the growth, competitiveness and future-readiness of economies and businesses worldwide. We use cookies to improve your experience on our website. The Green School, opened in Bali in 2008, is committed to education that promotes sustainability and shapes future green leaders. A further 48 saw their performance unchanged, while the top 10th percentile saw their scores improve more than 3.3% year-on-year. 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. The private sector has a critical role to play. 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. There are 72 countries where women are barred from opening bank accounts or obtaining credit. Globally, the trend is towards a deteriorating picture in emerging and developing economies, which is offsetting the gains made in OECD countries. 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. The report highlights three primary reasons for this: women have greater representation in roles that are being automated; not enough women are entering professions where wage growth is the most pronounced (most obviously, but not exclusively, technology), and women face the perennial problem of insufficient care infrastructure and access to capital. 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 Greater political representation for women has contributed to this, but overall the political arena remains the worst-performing dimension. The top country for gender parity remained Iceland (for the 11th year running). 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. 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. In countries where the ratio is lowest, it is still 2:1. A total of 35 countries have achieved gender parity in education. At the federal level, greater political representation – and in some nations, any representation at all – for women is a pressing need. 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. Of the 149 countries ranked, 101 improved their scores on the 2019 index (this excludes the five new countries that have joined the ranking this year). 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. This translates into gender parity in years as: This year’s index highlights areas where policy-makers need to focus greater attention. These figures, however, mask several key trends, which have a significant impact on the time to gender parity. 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. 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. The theme of 2020 World Economic Forum annual meeting was "Stakeholders for a Cohesive and Sustainable World". 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. The World Economic Forum (WEF) has warned of the long-term effects of the Covid-19 pandemic on the world’s economies. 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. Each year the World Economic Forum publishes a report looking ahead to the short term and long term risks facing organizations around the world. World Economic Forum 91-93 route de la Capite CH-1223 Cologny/Geneva Switzerland Tel. 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. 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 … It showcases the opportunity that all companie... Earth observation data can be essential for harnessing Fourth Industrial Revolution technologies for the public good. It currently serves more than 800 students aged 3–18, with plans to expand to New Zealand, South Africa and Mexico by 2021. Without representing one-half of the population in national and local politics, progress will be stymied in other areas pertinent to women and the quest for gender parity. Al usar nuestro sitio web, usted acepta todas las cookies de acuerdo con nuestra política de cookies actualizada. 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. 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. 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. 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. 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