The story of Day 3 at Davos 2022
The First Movers Coalition - aiming to decarbonise industry - announced an expansion at Davos 2022. Image: World Economic Forum / Mattias N
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- Technology, work, the metaverse, health, diversity and equity - and an ongoing focus on the war in Ukraine - were on the agenda on Day 3 of Davos 2022.
- Read our summary below for all the bits you might have missed.
Ukraine and the economy remained headline issues on Day 3, but the World Economic Forum's Annual Meeting also looked hard at technology and health - and came live from space.
Here's a snapshot of what you might have missed.
Economics class
The morning at Davos 2022 kicked off with lessons on global growth. Gita Gopinath, First Deputy Managing Director of the IMF, said the Ukraine war had been a "major setback" to global recovery. And Professor Mariana Mazzucato of University College London said that in many countries, private debt is back to levels we saw just before the financial crisis in 2008 and that "you'd think everyone would be talking about that".
Existence and identity
A conversation with Dmytro Kuleba, Minister of Foreign Affairs of Ukraine, told world leaders and the global business community that, “this is the war for our existence and our identity. This is the war between Russia as a state and the people of Ukraine, and it is impossible to win a war against the people.”
Day 3 of Davos 2022 was star-studded
Astronaut Samantha Cristoforetti joined Davos 2022 live from space. She said, “On a personal level, we are all saddened and devastated by the events that have happened [in Ukraine]. But what prevails and informs our relations on a daily basis, is our personal friendships and on a professional level, our common commitment to our work and scientific endeavour, which is a product of the integrated work of many international partners.”
Talking tech
Leaders from the tech world looked at improved collaboration. Microsoft President Brad Smith struck a hopeful tone.
There was also the announcement of an expanded First Movers Coalition - a group of companies pushing ahead to decarbonise hard-to-abate sectors of industry.
And what about the next chapter of the internet? It's 'less flat', apparently.
Health matters
Pfizer announced a commitment to provide patent-protected medicines at cost in 45 lower-income countries.
UN Undersecretary-General Winnie Byanyima told a session that denying vaccines to the Global South was 'policy violence' amounting to racism.
We also heard from a panel on preparing for the next pandemic. The message? Don't be complacent.
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Emma Charlton
November 22, 2024
