International Diplomat Magazine

WEF Summit concludes with focus on ‘Future of Humanity’


(Dubai) – The World Economic Forum’s Summit on the Global Agenda 2014 concluded in Dubai on a successful note with significant findings for the future of humanity. The closing session of summit witnessed inspirational addresses by U.A.E. Minister of Cabinet Affairs Mohammad Abdullah Al Gergawi and U.A.E. Minister of Economy Sultan bin Saeed Al Mansouri.
The three-day summit convened as many as 86 sessions, attended by over 1,000 people, in which the most significant issues, challenges and opportunities facing humanity were discussed by a distinguished audience of leaders from across the full spectrum of society. With an overall goal to improve the state of the world and establish a path for the future, innovation was a key theme at this year’s Summit.
In his closing address to a large audience of summit attendees, Al Gergawi said: “This year’s Summit on the Global Agenda has hosted more than 1,000 global thinkers, including distinguished academics, businessmen, government decision makers and representatives from civil society. By advancing the discussion on critical issues facing the world, the summit has taken a major step forward to create a road map for concerted international efforts that can help build a more sustainable and prosperous world.”
“As demonstrated at this summit, the U.A.E. will always be the perfect platform for ideas and opinions to build a better tomorrow. The U.A.E. welcomes innovation and is a pioneer for proposals that promote sustainable global developments and which bring hope to every human. We will now share the findings and recommendations from the Summit which can improve human society and the world.”
Al Mansouri said: “The seventh edition of the Summit on the Global Agenda has seen the cooperation and participation required to drive positive changes in the world. The dialogue held over the last three days has raised the hopes of seven billion people across the planet. Following the discussions I have participated in over the Summit, I feel very optimistic for the future of our humanity.”
“The U.A.E. continues to act as a catalyst for constructive, innovative developments around the world. As a global hub, which bridges the East with the West, the U.A.E. is one of the best connected nations on the planet and it is therefore fitting that such important discussions, which have the ability to help humanity, were held here. As citizens of an interconnected world, we have the responsibility to increase prosperity across countries and continents. The Summit on the Global Agenda 2014 has helped to provide a plan for how this can be achieved.” Although there were noteworthy key findings from every one of the 86 council sessions held during the Summit, some of the most impactful were focused on modern technological developments. This included the identification of opportunities in the space industry, which is increasingly witnessing private sector engagement based on a drastic reduction in cost of space-related technologies, as well as important proposals for cyber security, specifically the legal and regulatory challenges for internet governance in the future.
Multiple forums discussed the proliferation of the smart economy, as more services are delivered through smart phones and via digital technology. Additionally, the Summit found that technological advancements have fostered a modern sharing economy, which will positively impact the automotive sector as well as other vital areas of society.
Food security, employment for the next generation and the rise of strategic sectors in geo-economics were all key topics which were examined by expert panels in extensive detail during the summit.
(Courtesy WAM)