Great Reset
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abstract: The Great Reset is the name of the 50th annual meeting of the World Economic Forum (WEF), held in June 2020. It brought together high-profile business and political leaders, convened by the Prince of Wales and the WEF, with the theme of rebuilding society and the economy in what is claimed to be a more sustainable way following the COVID-19 pandemic. Klaus Schwab, who founded in WEF in 1971 and is currently its CEO, described three core components of the Great Reset. The first involves creating conditions for a "stakeholder economy"; the second component includes building in a more "resilient, equitable, and sustainable" way—based on environmental, social, and governance (ESG) metrics which would incorporate more green public infrastructure projects. The third component of a Great Reset agenda is to "harness the innovations of the Fourth Industrial Revolution" for public good. In her keynote speech opening the dialogues, International Monetary Fund director Kristalina Georgieva, listed three key aspects of the sustainable response—green growth, smarter growth, and fairer growth. A speech by Prince Charles at the launch event for The Great Reset, listed key areas for action—similar to those listed in his Sustainable Markets Initiative, introduced in January 2020. These included the re-invigoration of science, technology and innovation, a move towards net zero transitions globally, the introduction of carbon pricing, re-inventing longstanding incentive structures, rebalancing investments to include more green investments, and encouraging green public infrastructure projects. In June 2020, the theme of the January 2021 51st World Economic Forum Annual Meeting was announced as "The Great Reset", connecting both in person and online global leaders in Davos with a multi-stakeholder network in 400 cities around the world. The Great Reset will also be the main theme of the WEF's 2021 summit in Lucerne in May. According to The New York Times, the BBC, The Guardian, Le Devoir[cell cut: 2336 characters, first 2000 kept]

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Breaking of the Chains
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wiki page length: 3833
wiki page revision ID: 1010569539
wiki page extracted: 2021-03-06T04:06:53Z
wiki page modified: 2021-03-06T04:06:50Z