Davos Agenda: What is the Great Reset

The Great Reset is the name of the 50th annual meeting of the World Economic Forum (WEF), held in August 2021 in Singapore. It brought together high-profile business and political leaders, convened by the Prince of Wales and the WEF, with the theme of restructuring society and the global economy in a more sustainable way following the COVID-19 pandemic.

Klaus Schwab, who founded the 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 that would incorporate large-scale green public infrastructure projects. The third component of a Great Reset agenda is to “harness the innovations of the Fourth Industrial Revolution” for the public good.

The World Economic Forum: “The Great Reset” Horoscope
Aug 17 2021, 12 Noon, Singapore, Singapore

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