About World Economic Forum (WEF):
- It is an international non-profit organisation that brings together business, political, and social leaders to discuss global challenges.
- Established in 1971, the WEF promotes stakeholder theory for broader societal impact.
- This body has a concise mission: ‘To improve the state of the world through public-private cooperation’.
- WEF addresses major global concerns such as climate change, economic challenges, and global security.
- The organization is funded by its diverse membership, which includes prominent global figures.
