IBLF’s CEO Speaks on Anti-corruption at WEF’s '2011 Summit on the Global Agenda'

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IBLF’s CEO Speaks on Anti-corruption at WEF’s '2011 Summit on the Global Agenda'

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Klaus Schwab, Founder and Executive Chairman, WEF speaks at the event in Abu Dhabi, 10-11 October 2011. Copyright: World Economic Forum. (Photo: Norbert Schiller)

Thursday, October 27, 2011 - 11:30am

CONTENT: Press Release

(3BL Media / theCSRfeed) October 27, 2011 - IBLF’s CEO Clare Melford recently attended the World Economic Forum’s 2011 Summit on the Global Agenda in Abu Dhabi, where it emerged that inclusive growth and employment creation were the most important global challenges to address in 2012. Participating as a member of WEF's Global Agenda Council on Anti-Corruption, IBLF's presence at the annual event contributed to the brainstorming and debates amongst thought leaders from over 80 countries. 

Experts discussed five main themes over two days at this year’s Global Agenda Summit: 
  • Resource scarcity and demographic change

  • Digital governance and managing complex systems

  • Global rebalancing and economic reform

  • Inclusive growth and employment creation

  • Global and regional governance 

Now in its fourth year, the event was an opportunity for WEF's diverse Network of Global Agenda Councils (GACs) - each comprising 15-20 experts from academia, business, government and civil society - to discuss the risks, opportunities and strategies involved across the big issues. Watch the 'Global Agenda Councils, Topline and the Risk Response Network: An Integrated Vision' session here
GAC members were asked to identify the most important global trends that will likely impact the global economy, society and environment in the next 12-18 months. Key findings were presented at the opening of the Summit - take a look here.
Clare Melford commented:
"The Summit was fruitful, with a sense of shared responsibility amongst the Global Agenda Councils and no singling out of countries or sectors. Key themes included the popularity of public-private partnerships and a crucial need to build trust."
She continued: "The council on anti-corruption showed there is great support for the business contribution being made to the G20 process around global approaches to tackling corruption. Two ideas emerged - countries appointing an independent ombudsman as a route for companies to whistleblow and secondly, ways to promote the use of social media by citizens to hold business and government to account.”
Another top trend that emerged from the survey of WEF's Global Agenda Councils (referenced above) was that of the public debt crisis as the issue most likely to impact the global economy in the next 12 to 18 months. The report identified the following as important trends facing the global agenda in 2012: uncertain economic outlook, global power shifts, digital revolution, political entrenchments, instability of financial markets, scarcity of resources, climate change, and unemployment and inequality.