Geneva, 2 May 2023 (TDI): The two days Growth Summit will start on 2 May and end on 3 May 2023. The summit is titled “The Growth Summit: Jobs and Opportunities for All.”

The Growth Summit will take place at the World Economic Forum’s headquarters in Geneva, Switzerland.

The summit will bring together business, government, academia, and international organizations. It will help to advance further opportunities and tackle current challenges through collaboration, foresight, and innovation.

Also read: Pakistan’s Foreign Minister Addresses World Economic Forum in Davos

The summit has three core themes.

Enabling Resilient Growth

The global economy is in a fragile state due to the rapid crisis. Resilient growth ensures that growth is inclusive, aligns with environmental goals, and is built on multilateral cooperation.

According to the global risk report 2023, the world may face some of the toughest risks over the next few decades as the world now stands on the edge of a low-growth and low-cooperation era, tougher trade-offs threaten to erode climate action, human development, and future resilience.

Developing Human Capital

According to the World Economic Forum’s future job report 2023, in the next five years, almost a quarter of jobs (23%) are expected to change.

AI and machine learning will change the shape of labour markets.

The leading drivers of job growth are macro trends, including the green transition, ESG standards, and localization of the supply chain.

Economic challenges such as high inflation, slower economic growth, and supply shortages pose the greatest threat.

Accelerating Economic Equity

To achieve the goal of accelerating economic equity it will be critical to place people at the heart of more resilient, equitable and sustainable growth.

The green energy transition will be crucial, as will advancing gender equality, diversity and inclusion, as well as racial and social justice. Leaders must focus on metrics that go far beyond income.