Why is it in the News?

Recently, India announced a new alliance for global good, gender equity, and equality at the World Economic Forum Annual Meeting.

About Global Alliance for Global Good- Gender Equity and Equality:

• It primary aims to unite global best practices, promote knowledge-sharing, and invest in women's health, education, and enterprise.
• It follows the initiatives of the G20 framework, including the Business 20, Women 20, and G20 EMPOWER, building on the commitments of G20 leaders for the global community's benefit.
• Aligned with multiple Sustainable Development Goals (SDGs), such as Good Health and Well-Being (SDG 3), Quality Education (SDG 4), Gender Equality and Empowerment (SDG 5), and Global Partnership for Development (SDG 17), this initiative underscores India's dedication to gender equality in global development.
• Supported by the Bill and Melinda Gates Foundation, anchored by the CII Centre for Women Leadership, and with partnerships from the World Economic Forum and Invest India, the alliance reflects India's commitment to addressing gender-related issues within G20 nations under the principles of 'Vasudhaiva Kutumbakam' and 'Sabka Saath, Sabka Prayaas.'

About the World Economic Forum:

• The World Economic Forum is the International Organization for Public-Private Cooperation.
• The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas.
• It was established in 1971 by German engineer and economist Klaus Schwab.
• It is a not-for-profit foundation and is headquartered in Geneva, Switzerland.
• The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance.

Reports released by WEF:  

• • Global Gender Gap Index 
  • Global Risks Report 
  • Fostering Effective Energy Transition Report 
  • Global Cyber Security Outlook 
  • Global Competitiveness Report
  • Travel and Tourism Development Index