Tag Archives: Klosters

World Economic Forum- Global Cooperation At Crossroads

The Global Cooperation Barometer indicates that international cooperation has “flatlined”, driven by heightened geopolitical tensions and instability, but positive momentum in climate finance, health and innovation offers hope.
In an era of heightened volatility, leaders will need to embrace “disordered” cooperation and dynamic, solutions-driven decision-making to deliver tangible results and build trust. AI and other emerging technologies are reshaping the global landscape and driving upheaval. Concerted cooperation will be critical to harness benefits and minimize risks.

Geneva, Switzerland, January 2025 – The World Economic Forum’s Global Cooperation Barometer offers a critical assessment of the state of global cooperation, showing a world grappling with heightened competition and conflict, while also identifying various areas where leaders can drive progress through innovative collaboration. Released amid geopolitical, technological and sociopolitical upheaval, the Forum’s flagship annual report underscores the urgency of addressing shared challenges and offers leaders guidance on what cooperation can look like in a shifting world.
 
The Global Cooperation Barometer 2025, developed in collaboration with McKinsey & Company, uses 41 indicators to measure the current state of global cooperation. The aim is to offer leaders a tool to better understand the contours of cooperation broadly and along five pillars: trade and capital flows, innovation and technology, climate and natural capital, health and wellness, and peace and security. Now in its second edition, the Barometer draws on new data to provide an updated picture of the global cooperation landscape, with a particular focus on the impact of the new technological age.
 
“The Barometer is being released at a moment of great global instability and at a time when many new governments are developing agendas for the year, and their terms, ahead,” said Børge Brende, President and CEO of the World Economic Forum. “What the Barometer shows is that cooperation is not only essential to address crucial economic, environmental and technological challenges, it is possible within today’s more turbulent context.”
 
“This second edition of the Global Cooperation Barometer focuses on where cooperation stands today and what it can look like in the new technological age,” said Bob Sternfels, Global Managing Partner, McKinsey & Company. “Advancing global innovation, health, prosperity and resilience cannot be done alone. Leaders will need new mechanisms for working together on key priorities, even as they disagree on others, and the past several years have shown this balance is possible.”

The latest edition of the Barometer highlights that global cooperation is at a critical juncture. The report’s analysis reveals that after trending positively for a decade and surpassing pre-pandemic levels, overall cooperation has stagnated.

This has been driven by a sharp decline of the peace and security pillar of the Barometer over the past seven years, caused by mounting geopolitical tensions and competition which have significantly eroded global collective security. Levels of conflict and attendant humanitarian crises have increased in the past year to record levels, driven by crises including, but not limited to, the Middle East, Ukraine and Sudan.

As the largely stable cooperative order that defined the post-Cold War period is giving way to a more fragmented landscape, solutions to pressing challenges – from climate action to technological governance – require collaboration. And despite the global security crises, the new findings indicate that collaboration has continued in various areas including vaccine distribution, scientific research, renewable energy development, and more – offering models for future cooperation.
Notably, peace and security have declined sharply in recent years, but other pillars of the Barometer have remained resilient and reveal emerging opportunities for international cooperation,

Innovation and technology. While geopolitical competition is rising in regard to certain frontier technologies such as semiconductors, overall global cooperation on technology and innovation advanced in 2023, in part due to digitization of the global economy. This helped drive the adoption of new technologies, a strong ramp-up in the supply of critical minerals – and a related drop in price of lithium batteries – and a rebound in student mobility. However, rapid disruption from emerging technologies such as AI is reshaping the global landscape, raising the possibility of a new frontline of geostrategic competition or even an “AI arms race”. Cooperative leadership and inclusive strategies will be key to harness its vast potential while tackling risks.

Climate and natural capital: Cooperation on climate goals improved over the past year, with increased finance flows and higher trade in low-carbon technologies such as solar, wind and electric vehicles. Yet, urgent action is required to meet net-zero targets as global emissions continue to rise. Greater global cooperation will be essential to scale up technologies and secure the financing needed to meet climate goals by 2030.

Health and wellness: Some health outcomes, including life expectancy, continued to improve post-pandemic, but overall progress is slowing compared to pre-2020. While cross-border assistance and pharmaceutical R&D have declined, and cooperation on trade in health goods and international regulations stalled, various health metrics including child and maternal mortality remain strong. Given rising health risks and ageing populations, leaders should invest in global cooperation to bolster public health and sustainable health systems.

Trade and capital flows: Metrics related to the flow of goods and services, trade, capital and people had mixed outcomes in 2023. Goods trade declined by 5%, driven largely by slower growth in China and other developing economies, while global fragmentation continued to reduce trade between Western and Eastern-aligned blocs. Despite this, global flows of services, capital and people showed resilience. Foreign direct investment surged, particularly in strategic sectors like semiconductors and green energy, while labour migration and remittances rebounded strongly, surpassing pre-pandemic levels.Looking ahead, leaders will need to find ways to work together, even as competition increases, as tangible results will be crucial to maintain public trust and support. The report concludes by underscoring the urgent need for adaptive, solutions-driven leadership to navigate a turbulent global landscape. By pivoting towards cooperative solutions, leaders can rebuild trust, drive meaningful change and unlock new opportunities for shared progress and resilience in the complex years ahead.
 
About the Global Cooperation Barometer Methodology
 
The Global Cooperation Barometer – first launched in 2024 – evaluates global collaboration across five interconnected dimensions: trade and capital, innovation and technology, climate and natural capital, health and wellness, and peace and security. The Barometer is built on 41 indicators, categorized as cooperative action metrics (evidence of tangible cooperation, such as trade volumes, capital flows, or intellectual property exchanges) and outcome metrics (broader measures of progress like reductions in greenhouse gas emissions or improvements in life expectancy). Spanning 2012–2023 and indexed to 2020 to reflect pandemic-era shifts, the Barometer normalizes data for comparability (e.g., financial metrics relative to global GDP and migration metrics to population levels) and weights it equally within and across pillars.
 
About the Annual Meeting 2025
 
The World Economic Forum Annual Meeting 2025, taking place in Davos-Klosters from 20 to 24 January, convenes global leaders under the theme, Collaboration for the Intelligent Age. The meeting will foster new partnerships and insights to shape a more sustainable, inclusive future in an era of rapidly advancing technology, focusing on five key areas: Reimagining Growth, Industries in the Intelligent Age, Investing in People, Safeguarding the Planet, and Rebuilding TrustClick here to learn more.

AI Governance Alliance Calls for Inclusive Access to Advanced Artificial Intelligence


World Economic Forum’s AI Governance Alliance says a global effort is needed to create equitable access to artificial intelligence. Artificial intelligence holds the potential to address global challenges, but it also poses risks of widening existing digital divides or creating new ones. Three new Forum papers offer recommendations on building safe systems and technologies, ensuring responsible applications and transformation, and advancing resilient governance and regulation.

Davos-Klosters, Switzerland, 18 January 2024 – The AI Governance Alliance (AIGA) released today a series of three new reports on advanced artificial intelligence (AI). The papers focus on generative AI governance, unlocking its value and a framework for responsible AI development and deployment.
 
The alliance brings together governments, businesses and experts to shape responsible AI development applications and governance, and to ensure equitable distribution and enhanced access to this path-departing technology worldwide.
 
“The AI Governance Alliance is uniquely positioned to play a crucial role in furthering greater access to AI-related resources, thereby contributing to a more equitable and responsible AI ecosystem globally,” says Cathy Li, Head, AI, Data and Metaverse, World Economic Forum. “We must collaborate among governments, the private sector and local communities to ensure the future of AI benefits all.”
 
AIGA is calling upon experts from various sectors to address several key areas. This includes improving data quality and availability across nations, boosting access to computational resources, and adapting foundation models to suit local needs and challenges. There is also a strong emphasis on education and the development of local expertise to create and navigate local AI ecosystems effectively. In line with these goals, there is a need to establish new institutional frameworks and public-private partnerships along with implementing multilateral controls to aid and enhance these efforts.
 
While AI holds the potential to address global challenges, it also poses risks of widening existing digital divides or creating new ones. These and other topics are explored in a new briefing paper series, released today and crafted by AIGA’s three core workstreams, in collaboration with IBM Consulting and Accenture. As AI technology evolves at a rapid pace and developed nations race to capitalize on AI innovation, the urgency to address the digital divide is critical to ensure that billions of people in developing countries are not left behind.
 
On international cooperation and inclusive access in AI development and deployment, Generative AI Governance: Shaping Our Collective Global Future – from the Resilient Governance and Regulation track – evaluates national approaches, addresses key debates on generative AI, and advocates for international coordination and standards to prevent fragmentation.
 
Unlocking Value from Generative AI: Guidance for Responsible Transformation – from the Responsible Applications and Transformation track – provides guidance on the responsible adoption of generative AI, emphasizing use case-based evaluation, multistakeholder governance, transparent communication, operational structures, and value-based change management for scalable and responsible integration into organizations.
 
In addition, for optimized AI development and deployment, a new Presidio AI Framework: Towards Safe Generative AI Models – from the Safe Systems and Technologies track – addresses the need for standardized perspectives on the model lifecycle by creating a framework for shared responsibility and proactive risk management.
 
AIGA also seeks to mobilize resources for exploring AI benefits in key sectors, including healthcare and education.
 
Quotes from the initiative:
 
“As we witness the rapid evolution of artificial Intelligence globally, the UAE stands committed to fostering an inclusive AI environment, both within our nation and throughout the world. Our collaboration with the World Economic Forum’s AI Governance Alliance is instrumental in making AI benefits universally accessible, ensuring no community is left behind. We are dedicated to developing a comprehensive and forward-thinking AI and digital economy roadmap, not just for the UAE but for the global good. This roadmap is a testament to our belief in AI as a tool for universal progress and equality, and it embodies our commitment to a future where technology serves humanity in its entirety.” – H.E. Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications of the United Arab Emirates
 
“Rwanda’s participation in the AI Governance Alliance aims to ensure Rwanda and the region do not play catch up in shaping the future of AI governance and accessibility. In line with these efforts, Rwanda’s Centre for the Fourth Industrial Revolution, in collaboration with the World Economic Forum, will host a high-level summit on AI in Africa towards the end of 2024, creating a platform to engage in focused and collaborative dialogue on the role of AI shaping Africa’s future. The event’s primary goal will be to align African countries on common risks, barriers, and opportunities and, ultimately, devise a unified strategy for AI in Africa.” – Paula Ingabire, Minister of Information Communication Technology and Innovation of Rwanda
 
“IBM continues to drive responsible AI and governance. We all have an obligation to collaborate globally across corporations, governments and civil society to create ethical guardrails and policy frameworks that will inform how generative AI is designed and deployed. IBM is proud to work with the Forum’s AI Governance Alliance as the knowledge partner for this paper series.” – Gary Cohn, IBM Vice-Chairman
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“The evolution of AI is unique in that the technology, regulation and business adoption are all accelerating exponentially at the same time. It’s critical that the public and private sector come together to share insights, resources and best practices for building and scaling AI responsibly. Leaders in this space must prioritize inclusive AI so that the benefits of this technology are shared in all parts of the world, including emerging markets. The Forum’s three-part briefing paper series offers insightful considerations across responsible applications, governance and safety to empower businesses, respect people and benefit society.” – Paul Daugherty, Chief Technology Innovation Officer, Accenture.

Top 10 European Ski Destinations

Fancy staying on a home exchange this wintry Spring and stretching your skiing budget?

Here are the top 10 European ski destinations chosen by HomeExchange Members. Stay near or in a resort, borrow ski accessories for kids and save on accommodation costs. There’s really something for everyone, from Jacuzzis to sledges and beautiful views to hundreds of mountain chalets and apartments.

Val d’Isere, France

val-disere-franceThere’s a reason why Val d’Isere, at 1,850 meters, continues to be the top choice of European skiers each winter. It offers the perfect blend of challenging ski terrain for advanced skiers and learner-friendly beginners zones for those new to the snow. The resort center is lined with high-end shops, lively après-ski bars and fantastic restaurants, all housed within beautiful, stone-clad buildings.

Chamonix Les Houches, France

chamonix-les-houches-franceThe diversity on offer in Chamonix these days makes it impossible to review the whole resort as one destination. At 950 meters, Les Houches is one of the closest resorts to Geneva Airport and offers kilometer after kilometer of tree-lined skiing, making it the perfect destination for families and beginners. The resort center has a village feel and is an outstanding spot from which to take in the incredible views.

Cosy chalet near Mont Blanc, Les Houches – 10 minutes from Chamonix

Klosters, Switzerland

klosters-switzerlandWhile the ski area between Klosters (at 1,179 meters) and Davos offers lots to explore, Klosters is without doubt the more attractive base for your ski holiday. The village center is charming and affluent, but with a relaxed vibe, while the trails are popular with advanced skiers enjoying an abundance of easily accessible off-piste in the area.

Cosy chalet just 10 minutes from the ski lifts at Klosters

Les Gets, France

les-gets-franceA resort that’s been quietly minding its own business for years, Les Gets, at 1,200 meters, is now developing into a chic, family-orientated resort that offers quick and easy access to the 650-kilometer Portes du Soleil ski area. Several piste-side restaurants offer views of Mont Blanc so it’s easy to find a sunny spot on which to enjoy an après tipple or two.

Luxury mountain ski chalet – Exceptional view

Crans-Montana, Switzerland

crans-montana-swizterlandThere’s one thing that makes these two interconnected resorts stand out, and it may not be for everyone. Crans, at 1,500 meters, and its neighbour Montana are not villages; although right on the edge of a great ski area, they’re most definitely towns with a very urban feel. This is a very sunny spot in which to base yourself and there’s varied terrain to suit all ability levels.

Farm with beautiful views 10 minutes from Crans Montana

La Rosière, France

la-rosiere-franceWe love La Rosière, at 1,850 meters, not just because of its high elevation and snow certainty. The ski area offers two great experiences for the price of one when you cross over the Petit St Bernard pass into Italy. Wide pistes descend for kilometers into La Thuile over the border and getting back is no hassle at all. The main village is quiet but well stocked, and the views are exceptional.

Madonna di Campiglio, Italy

madonna-di-campiglio-italyItalian ski resorts are always authentic, traditional and charming, and Campiglio, at 1,550 meters, is no different. The car-free resort huddles on the valley floor and the center is stylish with several chic shops. The ski area spreads over 150 kilometers, and there have been several lift upgrades over recent years, making it quick and easy for you to cover a considerable distance on skis each day.

Luxurious apartment 5 minutes from ski lifts with fantastic view over the Dolomites

Courchevel Moriond 1650, France

courchevel-moriond-1650-franceRebranded back in 2011 to recognise the differences between its more blingy neighbour higher up the valley, Courchevel 1650 is now an attractive, unpretentious resort with a stack of new facilities, including Aquamotion, a huge center for water sports that opened in December 2015. And let’s not forget: On your doorstep you’ll find the largest linked ski area in the world. The 600 kilometers of the 3 Valleys network never disappoint.

Selva, Val Gardena, Italy

selva-val-gardena-italySeasoned skiers, this one’s for you. At 1,563 meters, Selva serves up challenging ski terrain on both sides of a valley, accessed by both gondolas and quick chair lifts. The village center is packed with charm and character and there’s also a collection of well-maintained beginner slopes and progressive tree-lined runs enjoyed by families.

Geilo, Norway

geilo-norwayNo list of top 10 ski resorts is complete without mentioning Norway and the town of Geilo, at 800 meters. It is one of the country’s most popular resorts. It’s a small, well-equipped town that’s currently investing heavily in new runs, new lifts and new facilities. Between January and April you can also ski until 8pm on flood-lit slopes. Photo Credit: Geilo, Norway

For the Silo and HomeExchange, Alexandra Origet du Cluzeau.

About HomeExchange

Founded by Ed Kushins, a pioneer of the “collaborative consumption” movement, HomeExchange has facilitated over one million home swaps since 1992. It was featured in 2006 in the cult movie “The Holiday” starring Cameron Diaz, Kate Winslet and Jude Law. In 2015, 65,000 HomeExchange members made 130,000 home swaps across 150 countries. The revolutionary Passport™ program now makes home swapping even easier. Members earn a ‘balloon’ by hosting another Member and redeem their ‘balloon’ for a one-way stay anywhere in the world. HomeExchange makes it easy to plan and enjoy a home exchange vacation and offers a memorable, authentic experience while giving travel real meaning. It was voted “Best Site for Booking Your Stay 2016” by readers of USA TODAY and 10Best.