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Davos 2023: WEF Faces Criticism Amid Leadership Change

1/19/2026

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Summary

Story summary

Davos, Switzerland, will host the 56th World Economic Forum (WEF) with about 3,000 participants from nearly 130 countries.
The town has transformed into a corporate retreat since the World Economic Forum's inception in 1971.
The event faces criticism for private jet travel's environmental impact.
Switzerland accounts for about 5% of Europe’s emissions.
WEF leadership has recently changed, with interim chairs from BlackRock and Roche.

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Story summary

Davos, Switzerland, will host the 56th World Economic Forum (WEF) with about 3,000 participants from nearly 130 countries.
The town has transformed into a corporate retreat since the World Economic Forum's inception in 1971.
The event faces criticism for private jet travel's environmental impact.
Switzerland accounts for about 5% of Europe’s emissions.
WEF leadership has recently changed, with interim chairs from BlackRock and Roche.