WEF Davos 2019
Shaping a new global architecture: Will we be fast enough?
Will we be fast enough?
The world is facing challenges of a magnitude that no single actor can handle alone. Amongst the most urgent are climate change and digital resilience.
In late 2018, the International Panel on Climate Change (IPCC) reported that climate change is happening faster than most of us ever imagined, stating that we only have a 12 year window left to take meaningful action. Shortly afterwards, a young climate activist Greta Thunberg, was invited to address the UN Climate Conference in Katowice. She challenged the presidium on what she should tell her children and grandchildren 60 years down the road if today's leaders,who know about the urgency, fail to act.
When it comes to digitization, we're faced with a double-edged sword. On the one hand, it is helping us improve and innovate in ways we never dreamed of. But at the same time, we risk cancelling out these benefits through very serious data security issues, which are diminishing trust in the system at an ever faster rate.
The World Economic Forum's Annual Meeting at Davos 2019 will discuss what it takes to shape a new global architecture, one that's swift and agile enough to deal with challenges associated both with the 4th industrial revolution and climate change.
A secret weapon to accelerate resilience?
We at Swiss Re firmly believe there's one tool that can help achieve both goals, namely progress towards a low carbon economy and help facilitate digital resilience. It's called risk management. In other words, the act of assessing, pricing and prioritising risk. The trick however is to implement risk management at the start of any initiative or process – rather than add it as an afterthought at the end.
The Swiss Re delegation and experts in Davos are passionate about what risk management can achieve and the different ways it can be applied. They'll be talking about how risk management is innovating and breaking through boundaries in areas as diverse as climate change, digitisation, gender equality and water sustainability.
We'll be publishing blogs, videos, infographics, and streamed sessions relating to our activities in the course of the week – so watch this space – and please help us to get the word out by liking and sharing materials that resonate with you!
Join us in finding out how risk management can make a material difference when it comes to speeding up resilience. We're all in it together - there's no time to lose!
Swiss Re engagements during Davos to keep on your radar:
- Side event: 22 January 12.00 – 14.00
The Human at the Centre of the 4th Industrial Revolution – Addressing the Frontlines of new digital vulnerabilities
Maya Bundt, Head of Cyber Swiss Re, participates on the Geneva Day Panel Luncheon
- Public session: 24 January 16:00 – 17:00
Climate Leaders, Congress Centre, Aspen 2
Christian Mumenthaler, Group CEO Swiss Re, features amongst the panelists.
The session was recorded - click here to watch.