• Artificial Intelligence as a driving force for the economy and society; • A long-term strategy for climate, nature and energy. India Inevitable For several reasons the India story segues well with this year’s theme at Davos. Through most of 2023 India has been the centre of global attention. Undoubtedly, its leadership of the G20 group of countries last year helped. It was however more in the news more because of the amazing resilience it demonstrated to withstand and then rebound from the unprecedented back-to-back shocks over the last three years. Even better it has emerged as one of the fastest growing countries in the world without allowing runaway inflation, giving rise to the slogan: India Inevitable. More importantly, its demonstrated ability to use technology to do public good at scale—a key theme at Davos this year—is drawing global eyeballs. India’s foundational identity, Aadhaar, enabled the country to evolve a digital public infrastructure (DPI)—a standard that was endorsed by the G20 summit meeting in New Delhi last September— to solve for poverty (by targeting benefits using the trinity of an individual’s bank account, mobile and Aadhaar and lift 415 million out of poverty), banking 430 million people in little over a decade, creating a world class interoperable payments platform (averaging 10 billion transactions a month) that is steadily acquiring a global footprint, and lay the foundations of an inclusive digital health system. At the same time, India has been able to rewrite its global narrative at the global high table by pivoting to becoming part of the solution without compromising its key values. Presumably, ‘New India’ will have as much to contribute to this year’s deliberations at Davos as it will seek to learn from it. • | 6 | CURTAIN RAISER This year’s World Economic Forum (WEF) takes place in exceptional circumstances. The cycle of shocks unleashed with the onset of the once in a century covid-19 pandemic, three years ago, continues. What started off as a health crisis, snowballed into a global economic crisis. A turn in geopolitics only complicated matters. At the same time, rapidly worsening climate change, rise of generative Artificial Intelligence (AI), and fragmentation of geoeconomics are triggering unprecedented structural change. In this era of heightened uncertainty and insecurity, trust has been the biggest casualty. The theme for the 54th meeting of the WEF therefore, is rightfully about Rebuilding Trust. This year’s dialogue will focus on building trust at three levels: Into the Future, Within Societies and Among Nations. Accordingly, the emphasis is on creating the much needed space for global dialogue—the biggest casualty of geopolitics—deepening existing partnerships, encouraging agile policy frameworks and the use of technology to create public good at scale. The Plan The key objective at the WEF this year is to focus on leadership that is required to guide countries and the world in this complex, constantly changing environment. Accordingly, this year’s programme will consist of well-structured and well-prepared workstreams relating four interconnected priorities: • Achieving security and cooperation in a fractured world; • Creating growth and jobs for a new era; scan here for www.greenkogroup.com WORLD'S LEADING ENERGY TRANSITION & DECARBONIZATION SOLUTIONS COMPANY Rebuilding Trust
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