Access to water will be a big challenge in the future

Makhtar Diop, the Managing Director, International Finance Corporation, said, “If you think of all the technological advancements we have today and if we adopt them, we can have a better understanding of the risks we have to process.”

"We talk a lot about energy transition, however, one of the big challenges we will be facing in the near future is access to water. We need to discuss about the use of technology and AI to understand how water can be used more efficiently and in a better manner.”

The world is changing at a very fast pace

Klaus: “The fourth Industrial Revolution will be in our minds for some years to come. World governments have an important role to keep abreast of the change. The world is changing at a very fast pace and governments need to be faster."

From ‘globalisation’ to a ‘multi-polar’ world

Al Gergawi: “Since our first edition in 2013, the world has changed drastically. Our reality, expectation and understanding of the future have changed. We have witnessed events that have changed the global landscape. We have seen natural disasters, a pandemic, and several geopolitical changes. We have moved from the concept of ‘globalisation’ to a ‘multi-polar’ world. The pandemic cost us millions of lives, and now we are witnessing the highest inflation and highest food prices the world has seen in years. Simultaneously, we have seen technological developments unlike ever before.”

Klaus Schwab delivers keynote address

Klaus Schwab, Founder and Executive Chairman, World Economic Forum delivering keynote address “The State of the World” at the 10th edition of World Government Summit 2023

One minute silence held for victims of the Turkey, Syria earthquake