All language subtitles for The Forum retail

Ladies and gentlemen!

Dear friends, welcome...

...to the 47th Annual Meeting
of the WORLD ECONOMIC FORUM!

The oil-producing countries
of the Arab world

decided to use their oil
as a political weapon.

Let's take Gorbachev seriously, let's
take Gorbachev at his word! Thank you.

West-Berliners flock there,
and scale the wall that scarred their city.

In fact if you buy a new PC,
the internet is a few clicks away.

And it brought the major industrial leaders

of the world together in this forum.

I thank you.

International terrorism was not,
however, born on 9/11.

Breaking news here, stocks
all around the world are tanking

because of the crisis on Wall Street.

Today we are witnessing the first
really global economic crisis.

China will keep its door open wide open.
And won’t close it.

We are demonstrating against
the self-proclaimed elite

that tells us that
they're gonna solve the problem

but the problems are getting bigger.

He has just arrived!

Yes, but he does not want...
- No Question!

The session starts at 5:30pm?

Everyone's feet need to be on the carpet,
and not here.

So scoot down,
so everyone...

You're good, you're our guy!
You can be over here. You're fine.

No one told me about video.

If we didn’t feel the need

to talk, the need for dialogue,

we would live in a global dictatorship

where everyone had the same opinion.

Meaning that,

not to just talk,

but to let others talk too,

is an absolute necessity

for the social cohesion of our world.

Klaus!
- Mr. President!

Welcome!
Everybody is awaiting you!

You'll see the hall will be packed.
- I promised you.

I am very pleased.
- I am Hilde. Welcome!

What is important is not only talking,
but also listening.

I believe this is the starting point,
this feeling

that we need dialogue
to understand each other.

Lovely to see you again!

Wonderful!

Thank you!

Oh, well you've gotten even bigger!

United States President, so...
- Yes, I hear you will meet him?

This, this has to go back!

Please, just please, please.

It's too dangerous!
Please! Please, Please!

It can't be past this.
Everyone's feet on the carpet.

Hello everybody!
Hi everybody!

How are you?

Mr. President, good to see you!

Yes Sir. - Lee! I just called you.
Why don't we try,

as a follow up, to engage Netanyahu
also into that session?

Exactly, that's why I wanted
to connect with you,

and if that's the case
I'd like to pursue that with Mirek.

I just invited him also for the dinner
with the Chinese,

and I feel Netanyahu would like to be with...
let's say

a Nobel Prize winner and so on...

and that would solve the issue
to a certain extent.

I think so, okay.
- Thank you!

Klaus?
- Martina,

the invitation for the dinner
with Mrs. Merkel,

that should be on a premium letterhead

it looks like...

we're organising a trivial meeting.

Okay, I am sending it per E-Mail though
and that's the standard...

Nevertheless, it just looks terrible.

I would rather say

you treat it as an attachment in the E-Mail,
'For a private dinner

with the Chancellor of Germany',
and so on and so on.

Super.

Okay, thank you!
- Super.

Yes!

Merci.

The purpose of our meeting today is to

get a sense of where we are for Davos.

So my patience with this community

is very small,
but I'm ready if they get it

and they're ready
to have all hands on deck

and really have a conversation...

you know, whatever we need to do.

There is no other place like it,
thank God!

So many of them are there at one time.

We have that conversation every year,
right, that:

"Why the hell are we going to Davos,
'cause it's just a room full of the bad guys?"

We spend a lot of
time and money sometimes

trying to communicate with the bad guys,
you know,

we send ships, we climb their buildings,

but actually, we can't do it
without this collection of people.

This collection of people are

amongst the most significant leaders
on the planet.

They are the last generation of leaders
on the planet

that can change the course
and avert this catastrophe. Therefore...

we have to deal with them.
In that sense, we've got no permanent enemies,

no permanent allies. That desperate, untidy...

bid to make friends with them.

Where do we sit?
How awkward do we feel?

I get nervous about, you know,

giving them so much power.
They haven't done a very good job.

But I'm ready to go in and have
all kinds of truth-to-power conversations

and make people feel very uncomfortable.

Every year Davos happens,

three thousand of the
most important people in the world

coming together in a very small,
confined space

for a very small,
confined period of time

and being constructed into a program,

that delivers across a huge
and ambitious range of different topics!

Some of that can be revealed now

to this audience.

I think what is important
with the media also

is probably the question about
the participation of

President Trump and Macron.

Okay, let's go!

How many government members
do we have cabinet level?

So, 333, but then from
100 different countries.

333.

My father was a close friend

of Ludwig Erhard,

and of course I was influenced by
his concept of the social market economy,

meaning that a company

not only has commercial, but also

social responsibilities,

to everyone who has a share in it:

the employees, the clients, the state.

That’s what you call stakeholder-concept.
And then suddenly I had this idea:

Why not

create a platform
where all

stakeholders meet each other?

Business leaders, unionists, politicians

and so on.
And that was the idea of Davos.

Back then, there was a book

written by a Canadian

about “The Global Village“,

the Global Village.

I said to myself: Wouldn’t that be ideal?
To create a global village

of global decision makers.

A warm welcome

to you,
the 400 participants,

for ten days

here in Davos.

My intention was never to make this
my life task.

But then so many people
approached me during the meeting

and said: “You've got to repeat this!"
"This is of such great value for Europe!“

“Keep doing it!“

And in the meantime I was hooked -

with my whole heart.
And ever since it has never let me go.

Hello, this is 'The Briefing',
I am David Eades. Our top story:

Selling America to the world:

President Trump is set
to give his keynote speech

at the World Economic Forum in Davos.

Mr. President,
did you order Mueller to fire?

What's your message?

Did you seek to fire Mueller?

Fake news, folks. Fake news.
- What's your message today?

Typical 'New York Times' fake stories.
- Mr. Trump!

My message is peace and prosperity.
That's what we have.

And we have a tremendous crowd
and a crowd like they've never had before.

Klaus actually told me, this is a crowd
like they have never had before in Davos.

Including all of you people,
like they've never had before. So that's good.

I assume they're here because of Klaus.

Are you going to build
a dialogue with Russia?

We hope so.
Thank you very much everybody!

So you are going to be investing in the US?

Yes we are, I'm the CEO of Bayer,
we are working heavily on

acquiring Monsanto.
We are going to invest about 16 billion

into the Monsanto headquarters...

If you were

the priest of a church,

you would want to make the sinners
come visit you

on a Sunday.
You wouldn’t want to lock them out.

Or would you bar the sinners out?
Probably the contrary.

You would say:

“I'd rather have them coming

than those I see every Sunday."

My name is Mark Tucker from HSBC,

we're the largest foreign bank in the US.
We have a balance sheet of 2.6 trillion $.

It's a great honour to have you!

Congratulations.

I’m CEO of Novartis. We are one of the largest
health care companies in the world.

Today we have about 22.000 employees
in the US, across 21 sites.

We invest about 14 billion dollars
every year into the United States.

Mr. President, thank you very much

for having me tonight,
I serve the people of ABB.

We have business in more than
100 countries of the world

and bought some iconic brands in the US,
like Baldor in Fort Smith, Arkansas,

a motor company.

It needs a little bit of investment
in terms of technology.

Did you get a good price?
- Yes I got a good price.

I know you got it,
you always get a good price.

I know who I deal with.
He always gets a good price.

Our number one global beer brand
is Budweiser

and our biggest market is the US,

where we employ 18.000 people
in more than 50 sites,

so it’s big market for us.

- Thank you. That’s fantastic.
- Thank you very much.

Hey Mr. President, I'd like to thank you
first of all for having me,

but also for spurring on all this growth.

These are all my customers!
- I know.

It's just a real tribute to the momentum,

that you've created in the global economy,
so I thank you very much.

SAP is the leading
enterprise software company,

I'm very proud to share with you

that when you think about the Army
and the Navy

and the missions they run
to protect the world,

they run on SAP.

You have done a really spectacular job.

I guess pretty much everybody at this table
is your customer, so that's not so bad.

I want to congratulate you!
- Thank you, Mr. President!

Which companies are allowed to become
a strategic partner in the first place?

would a company like Monsanto, a seed manufacturer
be able to become a strategic partner?

It already is.
- It already is a partner?

Not strategic, but partner.
- It is a partner?

So firstly, why are you doing this?

Monsanto's philosophy is to throw
all ethics overboard

to make as much money as possible,
no matter what.

How does this fit into the picture?

Are you planning to convince them
through dialogue?

And can they be convinced at all,

after all they are doing worldwide?

They sold these single-use hybrid seeds
to Indian farmers, for example.

Yes, I understand your reaction.
I do.

And I have conducted many conversations

with the CEO of Monsanto.

I think, it is not all as bad as it looks.

There is also -

I'm not in favor of their products
and they are seen as controversial,

and some people would say
they also have a positive impact

by increasing the productivity
of the agrarian sector, etc.

This is a great deal for farmers,

because farmers are starving
for innovation.

Our purpose is really to bring
better solutions faster to growers,

so they can increase yield

and with that contribute to feeding
a rapidly growing population.

The Europeans are way more skeptical
and quite frankly suspicious

about what companies like Monsanto,
Mr. Grant, do.

Genetically modified seeds

have been called a health menace
by the French,

the Germans call it “Frankenfood”.

How are you going
to get around that Mr. Grant?

We think that this transaction
really lifts the game

for sustainable agriculture
for decades to come.

So this is a win for growers
as well as a win for shareholders.

I want to avoid the word 'educating'...

but we want to confront people
with their responsibility.

And we want to make them contribute
to a better world.

The problem we face,

is when people see
the CEO of Monsanto in Davos,

they mistake us as an organization
that identifies with these people.

And they don’t see the layer below,

the intention of the whole effort.

Great to see you!
- Good to see you! How are you?

Very happy to see you...
- Yeah.

Hi Klaus, how are you? Good to see you!
- Welcome!

Welcome Theresa May,

Prime Minister of the United Kingdom.

As we leave the European Union,

the UK will continue to be
a global advocate of free trade,

seeking to bring new partners to the table.

And of course, after we have left the EU,

developing new bilateral deals
with countries across the world.

Good morning Ladies and Gentlemen,
and welcome to this press conference,

that's dedicated to answering the question,

'How can we move to
more sustainable consumption?'

A couple of years ago we launched a report

that we will very soon have more plastic
than fish in the oceans.

Starting from that,
we've built together

an effort, a multi-stakeholder effort,
to tackle that problem.

I'm very happy that we're joined
by David Taylor, CEO of P&G,

To his left,
we are pleased to be joined by

Ramon Laguarta,
the chairman elect of PepsiCo,

Jennifer Morgan of Greenpeace.
- Jennifer, please.

Our current economic system,
which is based on this endless consumption,

the disposability and
ongoing extraction of fossil fuels

is broken.
And it just can't continue this way.

So Greenpeace supports
the intention behind these efforts,

but there's a real risk
that projects like this

become a bit of a distracting sideshow

to generate positive PR,
while major companies

continue business as usual.

So, prove me wrong on that one!

I don't feel like we're all
on the same page there yet.

I'm actually very excited about this
and I do believe members of the industry

see the compelling need to work together

to find solutions across many different,
many different ways.

Is P&G committing to set
a reduction target

of plastics across
your entire supply chain?

I hear Pepsi is interested
or looking at that?

What we're trying to do is

design the bottles so that it has
a minimum amount of plastic,

however, the equation is not so simple...

No, it's very complex, no doubt.
- When you start thinking about glass,

and returnable glass, then you say okay

well then I'm gonna drive
a lot of miles back into the factory.

So we're looking at all these combinations
of packaging, that will really reduce

the amount of packaging we use per,
let's say, per kilo.

I don't have time much more
for public-private partnerships alone.

We've got 12 years left on climate
to avoid 1.5 °C.

So please work also
to get the right policies in place.

Thanks.

Mr. President,

after you have been so warmly

received yesterday here in Davos,

it is now my great pleasure to welcome

the President of the United States,

Donald J. Trump.

I am aware that your strong leadership
is open to misconceptions,

therefore, it is so essential for us
in the room, to listen

directly to you. Please welcome

the 45th President of the United States,
Donald J. Trump, to the stage.

Thank you, Klaus,

very much.
It's a privilege to be here at this Forum,

where leaders in business, science, art,

diplomacy and world affairs
have gathered for many, many years

to discuss how we can advance
prosperity, security and peace.

I am here to affirm America's
friendship and partnership

in building a better world,

like all nations
represented at this great Forum.

Now is the perfect time
to bring your business,

your jobs and your investments
to the United States.

Yes, hi.
Can I scan your badge, please?

Perfect, thank you so much!

Thank you for joining!

Welcome!

Oceans, right?
- Yes, great to have you here!

My name is Dominic Waughray,

I'm the head of public-private partnership
here at the World Economic Forum,

and we are the international organization
for bringing the public

and private and civil society together.

What you will hear from this panel
is a remarkable moment

which is so pressing
and so important for life on earth.

And you'll witness the coming-together
of the governmental community

and the private sector

to deliver solutions
to save life in the ocean.

Chief Sustainability Officer Coca-Cola;

Chief Sustainability Officer of Unilever;

Perez from Coca-Cola is here
and Jeff Seabright from Unilever.

Prime Minister Trudeau will set the stage,
- Of course!

Oceans protection is an issue
that touches us all

and we very much like to highlight
and get the global community

to show more leadership on its oceans protection,
particularly around plastics and pollution.

Thank you for coming to move us forward.

I hope that you consider yourself engaged

and it is ours.
- Good news about this session is that

every person in the room
is an ocean person.

The next UN Ocean Conference is 2020.

What can we deliver by then?

What's the most important priority
to deliver for that conference?

Alright, go!

A lot of foundations and family offices,
are really passionate to do this,

but they don't have a means to allocate.

The last four years
we've seen a real revolution in thinking

about the economics of climate change.
So we actually can do it,

it's actually good for business,
it's good for the economy.

We now need to do exactly
that same thing for the ocean.

We're in this period,

WEF calls it 'Fourth Industrial
Revolution', where we have sensors,

genetic engineering, AI and drones.

And what's interesting about
all these technologies,

is they don't improve linearly,
they improve exponentially!

So something that looks like
it's gonna be

impossible in ten years,
actually gets done in four.

So progress happens
way faster than you think.

If you look at the big problems
we have with the oceans,

all of these
have technological solutions.

You can track plastics.
You can scoop up plastics,

you can track fish,

you can track people who are hunting
in places they shouldn't be hunting.

You can use Blockchain to track the tunas,
it goes to market

to make sure the people are buying
the right tuna

and keep fish supplies in line.
But at the same time,

the people outside of this room,

the people who are doing
the illegal fishing,

the people who are rogue operators,
have access to the same technologies.

So you have the good guys have drones
that are getting way better

and the bad guys have drones
that are getting way better.

So there's a really interesting arms race.

And it seems in general

that technology in the oceans
has not really...

the good guys haven't really won
the last 20 years.

Alright, speak!

I read the risk report,

as I have most years.

It's terrifying this year!

But this is the situation
that we're now in.

And that's why we are happy
that everybody comes together

and becomes aware of the risk.

You have to integrate much more

the demands of those
who have been left behind.

We have to make sure
that there is a clear improvement

of the lives of those
who have been left out

in the globalization process.

This is very divided - not so divided.

Where are we in the divided world?

Where are we in the fractured world?
Very divided - less divided.

I would say this is too simplified.

You came up with the phrase

'fractured world'!
How fractured are we?

I think we are here -
and what we want to do is here.

You see. That's what we want to do.
Here we are - and here we want to go.

Good to see you, Sir.
- Good to see you, Richard again.

Stephen Carroll joins us
from the World Economic Forum in Davos,

you really had the sense this year,
on the one hand Donald Trump,

on the other hand Macron
and Justin Trudeau,

there really was a debate
at Davos this year.

There was a lot of self-promotion going on
as I was saying from a lot of world leaders,

they know that companies
have money to invest

and they want to make sure
that money comes to them.

The tone of this year's Davos meeting
is quite different from previous years.

And that's partly
because the global economy is doing well,

they don't have any major pressing issues
to worry about,

although several people I spoke to said
this week they really should worry,

we should be more worried about
climate change,

we should be more worried about how
technology is going to change the world...

So I'm Carl-Henric Svanberg
and I'm the chairman of BP.

And I'm here and we're celebrating
50 years of the World Economic Forum.

I think we're all so incredibly impressed

what Klaus and Hilde has achieved,

it's a remarkable gift to the world.

And this is a world
that also faces serious challenges,

because a lot of people feel that
too little is coming to them

and too much is coming to the few.

The inequality of this world
is not a good one.

And a little bit further to the left,
you have then the headquarters of

Swiss Re and Zurich Insurance.

I am Paul Bulcke,
I'm chairman from Nestlé.

I am working for Hoffman-La Roche,
the pharmaceutical company.

And I am chairman of the board
of Jones Lang Lasalle,

a global real estate services company.

I am the US ambassador
to Switzerland and Liechtenstein.

So I represent
the President of the United States

and the American people
here in Switzerland.

The time that we spent
with President Trump here at Davos,

we had some fantastic opportunities
to really negotiate and converse

in a way no other place really can.

This elite group that goes to Davos
in a year,

continuing the system
and doing nice projects around the edges,

they're a fundamental part of the problem.

They are not creating a dream,
they've created a nightmare!

It's not credible. I don't know
how they can sleep at night.

It just doesn't fit!

It's like this bubble that exists there,

of individuals who are used to having power,
it's a mega groupthink.

And the thing that I find so dangerous
about it, is the rhetoric

and the narrative around it
is that it's about

making the world a better place.

But I think it's like,
99 percent status quo.

And maybe there's 1 percent around the edge
that is trying to improve things. But I...

I don't see real evidence
that they're willing to do the hard work.

It takes hard work, diligence,
precision, commitment,

day in and day out to solve climate change!

It's not a fly-in fly-out type of thing.
I don't see that there.

It's a different world.

This is the only drawback of our Chalet,

it might not be high enough,

so we constantly have fog

and we sit right in it.

Here we are.

Now I can go to autonomous mode
and use my hands while I'm talking.

No. So you're with me,
you're stuck with me!

It's saying it's too dangerous to drive.

There are people who say Artificial
Intelligence will be the end of the world.

But if we can deliberately, purposefully

steer it towards the positive,

then we can improve the lives of

a lot of people, we can get rid
of this congestion, for example.

Would you work with any company

in order to bring solutions to the table,

even though a company has failed
in the past?

Why do you ask?
- Because people lost trust in the system

and some of these companies' integrity.

The question you raise is, Marcus,
is a tough one.

You know, if people... if they lose hope...

they... it's not a good place
to be for anyone.

And the only way we can show

a better future is by making it happen.

Not just talking about it,
but making it happen.

That's why we have a sense of urgency.

Hi, this is Murat.

How do you want to run the call?

Maybe I can just spend a few minutes
on the center itself or

do you have any specific questions,
I can start with answering those.

The technologies that we have

in our portfolio start with Blockchain,
then Internet of Things,

Artificial Intelligence, cross-border data flows,
drones, autonomous vehicles...

Sure, we share all of our results

with the public,
it's on Creative Commons basis.

Sure, so we decided to open the center
basically as a...

think of it as a policy-accelerator.

We take a city, state or nation
as a pilot site,

and we pick one, two or three
technologies and say,

how do we accelerate these technologies'
benefit to the citizens?

Recovery nominal.

Shall I get the battery and you get the wing?
- Yeah.

Sometimes it seems like
the battery is kind of sticking.

Okay, come on in.
- It's good to see something different!

Well, if this isn't different,

then I'm not sure what is.
Come on in!

It's an honor to have you here!

So this is,
this is our manufacturing facility,

where we are building
all of the autonomous aircraft

now serving in Rwanda and Ghana.

If you wanna just feel, Klaus,

if you want to get your hands under
to feel how heavy the aircraft is.

You can just lift it up
from where I was just grabbing.

So one hand here.

Super light, right?
- Super light! No, it's light!

This was the old version of the aircraft,
so this was the first aircraft

that we flew in Rwanda.

I am very happy, that we were able
to help with the legislation now.

Regulation so that was because...
- Very important!

Without you,

and I would say without us
the regulation wouldn't have happened!

So for you it must be so satisfying,

to know you are life-saving,
with what are you doing.

That's why we're all here!

And that's why
you are social entrepreneur!

Yeah.

5.8 million kids die every year due to

lack of access to basic medical products.

How much? 5.8?
- 5.8 million.

Kids. Every year!

It doesn't have to happen.
That's not a... I'm gonna pull up a chair.

That's not a science problem, that's not a,
you know, manufacturing problem,

it's easy to manufacture
the medical products...

It's just... it's a logistics problem.

It's that the roads are challenging,

and we can't get to where we need to get,

in order to get these products there.
And so,

you know, this is really what led us
to do what we're doing with Rwanda.

Those are the hospitals?
- Those are the hospitals.

So these are the hospitals
we've been serving over the last year.

From that distribution center,
we can do deliveries.

So this is a Zip coming by
one of the hospitals that we serve.

You can see us dropping the package
from about 40 feet.

10 meters, 12 meters.

And the package is designed to basically
drift really gently to the ground.

In this instance,

we've been able to reduce waste
to basically

zero. Rwanda became the first country
in the world

to achieve a 0 percent
waste rate for blood,

and they did that
while increasing access to blood products

by 175 percent.
- And the delivery time

will be maximum about three hours, I guess?
- Oh, much less!

Yeah, I mean the maximum delivery time
is something like 45 minutes.

But average is
between 15 and 20 minutes.

3, 2, 1...

Governments are not necessarily
willing to be the first one to try.

Because if they fail,
it has political implications.

But by having them engaged with the Forum,
a trusted international organization,

impartial organization,
to try these new concepts, new approaches,

if we fail,
we will take the responsibility,

if it succeeds,
then the whole world benefits.

State Counsellor of Myanmar,
Aung San Suu Kyi.

The last years, there has been
a lot of focus on the situation in Myanmar.

I think last year you committed

to repatriate a million people,
the Muslim minority - Rohingya - that fled

to Bangladesh.

How do you feel about this situation?

Do you feel that the military in Myanmar

has handled this well?

I know this has been a lot of
international focus, but when you say

"How did the military handle it",

there are of course...

ways in which we, with hindsight,

might think, that the situation

could have been handled better,

but we believe that

for the sake of long-term stability
and security,

we have to be fair to all sides,

that rule of law must apply to everybody.

The US yesterday appealed

to you and to Myanmar, to let
the two Reuters journalists out of jail.

I think they got a sentence of seven years.
But what is your response?

And I wonder whether
very many people have actually

read the summary of the judgement.

You've read it?
- Of course, I am obliged to read it.

And it would be...

I think it would be very remiss
of any member of the government

not to have read it.

But I would like them
to read the judgement,

and point out where they think
there has been a miscarriage of justice.

But I guess you also as a democratic leader

don't feel comfortable with journalists
being jailed.

It's not a matter of... they were not
jailed because they were journalists.

They were jailed because the court, well...
sentence has been passed on them.

Because the court has decided that
they had broken the Official Secrets Act.

Good morning!

Welcome.

You have to be careful
to construct the dialogue

in a manner
that doesn't rush to the main point,

and then figure out, "How can I
bring in my point of discussion?"

I want to ensure you,

how much we feel attached

to your country and

how we could continue to be of assistance.

Related to peace, do you feel that

a situation particularly

on the western side of your country
can be stabilized?

Of course when everybody is shouting
and expressing their own opinions,

it does take a little longer than it would
if everybody were quiet

and went about it in a calm manner
and sorted some things out quietly

rather than on the world stage as it were.

And you said a quiet dialogue...

do you have...
who is conducting the quiet dialogue?

We always have of course contacts with
Bangladesh, but it's not just Bangladesh,

it's with all those involved,
including the United Nations Agencies.

We have done a lot of

quiet dialogues in the world.

I brought together

Arafat and Shimon Peres

to resume the relation

and the peace discussions.

Naturally, the people remember the image

of the two opponents
entering the stage hand in hand.

right before the finish line

of a Peace Agreement

between Palestine and Israel.

I then made an effort,

if maybe we could help them

to pass the finish line.

It was planned, that Arafat

and Peres would come to Davos

to finally proclaim the breakthrough

to the world public.

Everything was meticulously planned,
and it was agreed

that Arafat would speak first.

We took our seats on the stage.

Ladies and Gentlemen,
please welcome

President Arafat.

And Arafat asked me, "Please,
ask Shimon Peres if he could begin instead,

because I left my speech

in the hotel room."

We have a small technical problem,
but we are flexible. So, Shimon Peres.

I want to say, that
the Palestinians and us are condemned

to live in peace.

None of us has a better
or another alternative.

Shimon Peres held
a very conciliatory speech,

in the nicest way possible.

I sat on the stage

and wondered,
"Why is nobody coming to bring the speech

to Arafat?"

And as Shimon Peres' speaking time
was up...

Thank you.

...And you can imagine,
I kept getting more nervous,

Arafat took his speech
out of his suit pocket

and headed towards the stage...

Mr. President,
whomsoever really seeks to achieve peace,

does not resort to killing, persecution,

assassination, destruction and devastation

as the current government is doing.

He held a very inflammatory speech,
which was

fueled by hatred.

At the end

of the speech I turned to Shimon Peres,

and Peres said,
"I had hoped to take part in a wedding,"

I must admit,
I came with the preparation for a wedding,

"...but now I see

I am attending a divorce."

I could not believe it!
To me, this was

the biggest disappointment,

the great, historical missed opportunity.

And I think Borge is a specialist,

having been the key negotiator in Colombia,
for the peace discussions.

Is there a good

possibility for the Rohingyas
who have left the country to come back?

Well we have already signed a MOU
to that effect to facilitate the return

of the Muslims who have left from Arakan.

We would like to welcome you
in Davos finally. - Very far away.

Very cold.

And I find it one of the most difficult
parts of conferences

that the air conditioning is on full blast.
And I am always freezing.

The first thing

I always do in a hotel in Asia,
turn off the air conditioning.

The difficult thing is
quite often you can't turn it off.

I always have a very clear premise.

And you have to assess
how you can bring it in.

We haven't written to Bono yet,
just came to my mind. - Bruno?

Bono!
-Bono? No.

Dear Bono...

Hilde and I were very concerned
when we heard

about your voice problems

in Berlin.

And we are so happy
that you could reassume your tour.

Mr. Schwab, it's the first summit
where we haven't

supplied bags. That's why the attendants

didn't have bags, none of them!

No, the bags are history

because I insisted
on not having plastics anymore.

Although these bags are nice
and were popular...

we will probably have them
for the last time in Davos,

because the goal is to become
plastic-free by 2020.

A pity! Yet the people have to carry them,
that was great promotion.

...was a good promotion,

and I always saw it on airplanes.

Next year,

we were thinking of having

this meeting possibly

in Indonesia.

You should come to Bali with your wife!
- I know, that's

one of the very few spots in the world
I haven't been.

Really?
- Come over there, at least bigger

than Davos!

You know what, in Davos you are
in Hotel Mamma Mia!

We are together.
- Like this, you know how...

I said, what the hell is this, you know?

But I said, the name of Davos is something,
okay forget it.

But over there, oh, very luxurious.
I am telling you!

So that's why we propose to you again,
Prof, Klaus,

to move Klaus over there!

I think it depends very much,

who takes the lead on the Indonesian side.

We assume of course,
that the President is re-elected.

End of October?
- October, yeah. 20th of October.

Where is any opposition coming from?

I don't see any.

It's very hard to beat Jokowi today.

People look at the progress
and look at the result.

The only problem they try to create,

is about the currency,
the depreciation of Rupiah.

I don't see any reason

to beat the President so far,
unless we make a stupid mistake!

Madame Lagarde said to me,
"Minister Luhut,

unbelievable, your President!
President Joko Widodo,

so close to the people

So Prof. I think this is

very hard to beat him!

So it would be already the new parliament,
but not yet the President.

So parliament is under my control.
So you are safe!

We have established

a palm oil initiative...
- Oh really?

Let me make it clear about palm oil!

Palm oil we own like 14 million hectares,

but 41 percent are owned
by the smallholders.

41 percent!

This is linked immediately
to 17.1 million people.

The poor people.

That's all palm oil we can see there, right?

Yes, that is the second phase
of the palm oil that will be replanted.

The big palm oil will be replanted
with the new stuff?

And this new stuff is the sustainable stuff?
- Yes, of course.

They have to be sustainable.

So they're gonna get rid of all
of this old one,

to have sustainable palm oil come in?
That's amazing.

All around there

as far as you can see?

What we've learned

is that we have to improve
the health of our ecosystems,

address the mass habitat destruction,
the ocean challenge, the climate challenge.

"Why can't we just
have a project and fix the problem?"

We've had rural development
and agricultural projects for many years.

But they're working in isolation!

And there's people involved
in organizing that project,

maybe Ministry of Environment
and NGOs, and scientists,

all good people with the right cause,
and there's people in this project,

perhaps from the Ministry of Agriculture,
research stations,

businesses, all good people
with the right cause, but not pulling

in the same direction,
pulling in different directions.

And in the middle somewhere

is the person who works on the land,
is the farmer, as we saw,

who wants to preserve the landscape
because that is their asset

from which they and their children
will get their resources,

but wants to have an income.

And that is where we
can help to create a space.

Dominic Waughray from the World
Economic Forum, nice to meet you!

Thank you for finding the time.

Please have a seat.
- Thank you!

The reason for coming is,

we're in the second phase now
of the Tropical Forest Alliance.

And this would be much more
about trying to find good examples

of models that work.

We collect

all the independent farmers
to form a union.

Those collaborations,
local government, central governments,

the Ministry of Economy,
the Ministry of Agriculture,

has been very good model,

that would have a collective impact
for the farmers or the smallholders.

The farmers, fishermen

majority of them

doesn't know anything about
the good agriculture process, above

the need to preserve the environment.

So they can have a trust

of the good agriculture process.

What's the size of the challenge?

Around 340.000 hectares,

Mujibanjiis regency
is larger than Netherlands.

It's 1.4 million hectares.

There is a kind of a revolution that's
taking place on all levels in the system.

A revolution doesn't have to be dogmatic

and driven by a small group
of angry people.

With a positive journey
in some of these spaces,

all that anxiety turns to hope.

It's interesting, cause it spreads up
the feed chain, it spreads right to the CEO,

spreads right to the board,
spreads right to the chairman,

spreads right to the
head of the development agency,

everyone's a human being.

Everyone's a human being.

The breaking news is
the far right candidate Jair Bolsonaro

has won Brazil's presidential race.

Not a huge surprise, but

an emphatic victory
for the right wing candidate.

"We have to close down our government,
we're building that wall!"

President Trump vowing to shut down
the government,

if that's what it takes to fund
and build the wall.

The Prime Minister faced
a double whammy of bad news.

This is the worst defeat
of a government this century.

This weekend saw another round
of demonstrations by

the yellow vest movement.

French President Emmanuel Macron
is promising

strong action.

Bolsonaro had suggested

pulling Brazil out of
the Paris Climate Agreement,

calling conservation efforts "A threat

to Brazilian sovereignty".
Bolsonaro has pledged to allow agricultural

and mining companies
to exploit indigenous land.

We have close to
70 Heads of State and governments.

More than 300 Ministers.

I think you also saw
what I sent you this morning

on the humanitarian
and peace and reconciliation side.

Libya, Syria, we have West Balkans.
We have Korean Peninsula.

And then we have Israel - Palestine!

Brazil wants to send
three additional Cabinet Ministers.

I would suggest that Brexit
we discuss tomorrow morning,

after the vote.

For France

we will see whether Macron
may decide at the last moment.

Interesting to watch.

Okay. Excellent. Thank you!

The World Economic Forum in Davos
hasn't even started yet,

and it's all about who isn't here.
- Breaking news, the White House

has officially cancelled its delegation
to Davos.

US President Donald Trump,
UK Prime Minister Theresa May,

and French President Emmanuel Macron

are staying home this year,
preoccupied with pressing domestic issues.

Good morning everybody,
thanks for joining.

I just wanted to get together
before we go to Davos

to potentially bring a voice in.

You've likely heard of Greta Thunberg,

reaching out into some of the youth.

And this would be kind of my conversation

if I have a meeting with Schwab
would be about

the school strike kids
and that's the generation

that's actually rising up right now.

Even up on the 25-40 year olds, right?

Who have...some of them,
who have slept for a while.

So that's one thing that I think

that we should just see,
if we can make something like that happen.

And I wanted to just talk a little bit
about Bolsonaro.

I'm just wondering if we want to try
and use his first international

outing in any way.

What we are doing is,

we determine what we need

and who should participate.

Wednesday, there is a discussion

with Bolsonaro?

He will speak in Portuguese!

I do not like so much to moderate
a discussion,

where I am not in command of the language.

My idea is that the session...

Let me see.

I'm calling him.

The Chairman of Nestlé,
Peter Brabeck.

Peter? This is Klaus. How are you?

See, I'm sitting in a meeting
and a small question came up.

Do you speak Portuguese?
I think so, fluently actually?

Only Spanish?

Then the question is unnecessary,
I would've asked you

to host the session with Bolsonaro.

Great...

Thank you very much!
Bye, Peter.

So I have to do it, probably.

Okay, eleven o'clock?

Dear Professor Schwab,

I'm writing to you today on a matter
of the utmost importance to the world:

climate change.

I am deeply concerned

that as founder and executive chairman of the
World Economic Forum, you are not doing everything

you personally can
to help change the course of history.

You have a tremendous opportunity
to use the WEF

and all your trusted relationships

to save the planet from frightening impacts.

We need individuals like you to step up
and bring others with you.

It is time to realign the WEF
and Davos to the issue.

For that reason, I would like to request
a meeting with you during Davos.

Sincerely, Jennifer Morgan.

Are we worse off this year,

than we were last?

We are at a crossroad!
There are so many threats, so many risks,

and if we don't get them under control,

we risk a kind of

explosive situation.

How able is the world to take this on board?

It's dealing with a trade war against China,

it's dealing with Brexit,
there's a US government shutdown.

The speed is so fast and so multifaceted!

So people are overwhelmed by change.

And what do they do?
They revert to a bunker mentality!

There's little time to address those issues!

We have to make progress on multiple fronts.

Let me give you the opportunity, Sir,

to at least say that you regret

the way the externals
has become so commercial.

I regret and deplore,

because that's not the core
and the essence

of what we want to do,
we want to improve the state of the world!

Good to see you, Sir!

It was really excellent!

So what we're gonna do here,

it is: 'Worries of the World'

You can pick one or two:
Trade, Brexit, China process...

So what are they going to be?

Just write the word...

Egoism! I wasn't expecting that!

Let me explain.
With the bunker mentality

we have a tendency to think first

of ourselves,
to protect what we have!

That's egoism!

And egoism translates afterwards
in populism

and all kinds of other things!

Good to see you, Sir! Thank you!
- Thank you Richard!

Now off to the races.

Thank you!
- Thank you!

Your Majesties,

your Royal Highnesses,

distinguished Heads of State,

Excellencies, dear friends,

I welcome particularly
our business community,

the representatives of civil society,

the NGOs, and, very important,

the participation of the young generation,
of social entrepreneurs.

With half of the population
below 27 years old,

we have to listen to the young people,
and that's what we will do.

Next one is Mrs. Merkel.

Madame Chancellor!
- Greetings!

Great pleasure to see you
in the realm of Davos!

Welcome!
- Thank you!

And now the media, tremendous interest.

Will we go over to them?
- Yes, that is...

On the red carpet, practically.
- So, on the red carpet.

We shake hands once more.

Will you agree to extend Article 50?

My goodness!

Huge interest!

Thank you!

Whenever you are ready, we can go out.
- Yeah. So...

Yeah, I am always ready.

As far as you can be ready in life.

Mrs. Chancellor,

big pleasure to have you here again!

A warm welcome!

Dear Professor Schwab,
Ladies and Gentlemen,

you have put a topic
on this year's Davos agenda

which is of utmost interest.

The starting point is marked by the reactions
towards one of the biggest crises,

that is the banking crisis
from ten years ago.

We are put in the position of somebody
who is forced to run faster and faster

lugging a backpack with him

loaded with 20, 30 kilos.

These are the debts that we have incurred.

It is a dilemma that we have to escape.

When you look at the interest rate policy
of the central banks, then we know

that we are still effected by the crisis,
that we have yet to escape it.

We are bequeathing

an incredible amount of debt
to the next generation,

that they have to reduce in whatever way.

Meaning that we are living
at the expense of the next generation.

Everybody, thank you for coming.
Winnie Biyanyima, sitting next to me,

is the executive director of Oxfam.

Jane Goodall probably needs no introduction.

Rutger Bregman is a historian,
I am glad to have him.

Rutger, let's talk about

concrete steps to get people out of poverty.

I mean, I must first say,
this is my first time at Davos.

And I find it quite a bewildering experience,
to be honest.

I mean, 1500 private jets have flown in here
to hear Sir David Attenborough speak

about how we're wrecking the planet.

And I mean, I hear people
talking the language

of participation and justice,

and equality and transparency.

But then I mean, almost no one raises
the real issue of tax avoidance, right?

And of the rich
just not paying their fair share.

It feels like
I'm at a firefighter's conference

and no one is allowed
to speak about water.

I mean, this is not rocket science!

We can talk for a very long time about
all these stupid philanthropy schemes

we can invite Bono once more - but
come on! We gotta be talking about taxes!

What's gone wrong?

How is it,
that the most intellectual creature

that has ever walked on this planet

destroying its only home,
destroying the environment

and causing all these inequalities
in our societies?

We've broken the link

between intellect and wisdom.

We had the financial crash in 2008.

Now we've seen
the rise of populists around the globe.

Trump, Bolsonaro, we've seen Brexit -
and what gives me great hope right now

is that there's a new generation
that is actually waking up.

That doesn't believe the myth anymore
that the vast

inequality we see today

is just a force of nature.

People waking up

and realizing that
they've been sold a lie.

Thanks for taking the time.

As I shared with you in my letter,
I think that right now,

I just don't think
that we have the time for only

mostly public-private partnerships
anymore.

Why do we have this
Industrial Revolution 4.0?

Well, we need it in order to deliver
the solutions on climate change.

And I think having you put the passion

and the intellect and the convening that
you've put into your Industrial Revolution 4.0

into this,

that's what we need right now!

And otherwise it's like parallel universes
to be honest.

So that's where I really think
you have a massive opportunity,

but also really a responsibility,
if I may say so!

I've worked on climate change for 25 years.

I worked on climate change since '73!

Just to tell you,
because I was the person,

who gave the Club of Rome,
the first big platform!

I share with you the concern and

I think we can solve those issues only

if we repair our global architecture
and our global system.

We need implementation
and we need a scale-up.

You say we don't...

we just have to implement
what we have decided.

But it needs also a change of

the whole mindset of people,
particularly the business people.

What is also important, I mean I can tell you,
and I'm speaking very directly,

the Brazilian President...

and of course I'm concerned by what he said,
not only about the environment,

and we depend so much on Brazil,

but how do you deal with those people?

And I feel the world is so full of
polarization at the moment!

But I think he needs to hear loud and clear

from business voices
that the Amazon is off limits!

I hope he gets that message loud and clear
from everyone and doesn't feel...

We all have to present this message.
- Exactly!

But you can do it the hard way,

or you can do it some more nudging way.

I have one final request,

I've been talking to Al Gore about this.

There are extraordinary climate leaders
in the world right now.

You have likely heard of Greta Thunberg.

She's done a video,

which I can show you,
if you like, of a minute and 44 seconds.

That that could be shown in the
planetary event that Gore is moderating.

And I'm happy to show it to you,
so you can see what it is.

No, I'm in full favor of it!

Because it relates
to the young generation again!

It will certainly, how should I say,
have an impact!

Thank you very much!

Thank you very much,

I have to leave.
- Yes, no, you're a busy man! Thank you!

See you! See you later.
- Bye bye!

Welcome at the Arctic Base Camp.

As a scientist that's interested
in having solutions

I am absolutely delighted
to have Greta Thunberg

and her father Svante
camping with us tonight.

Greta has just arrived

at Davos today.

And she can give us a few opening words.

Why did you come to
the World Economic Forum?

I thought that this is not something
you want to miss,

because this is one of the
biggest events, meetings in the world,

and this is a chance to

change things. I don't know.

That's beautiful! And Greta,
what is it you want to change?

Everything!

Yeah! That deserves a clap!

Some people, some companies and
some decision makers in particular

have known exactly
what priceless values they are sacrificing

to continue making unimaginable
amounts of money!

I want to challenge those companies
and those decision makers.

I don't believe for one second
that you will rise to that challenge!

But I want to ask you to prove me wrong!

Will you pledge to join me
and the people all around the world,

in doing whatever it takes?

The greatest danger
is the destruction of trust.

In Presidents, in Prime Ministers,
in Ministers, in political parties,

in international organizations,
in banking systems,

in multinational corporations,
in democracy itself.

What was it about Brexit
that suffered the most?

It was the 60 percent of the young people
whose future was at stake

in the Brexit vote
that did not go to vote!

Because they did not think

that democracy and that particular vote,
that particular referendum

had anything to do with them.
And now of course they're regretting it!

But basically we're losing them! It's worse
than when they vote against anything,

or they vote for change
and they don't know what change means.

They no longer go to vote
in many cases.

Because they have lost
the trust in democracy.

That is the greatest danger.

Our house is on fire!

At places like Davos,
people like to tell success stories.

But their financial success has come
with an unthinkable price tag.

And now is not the time
for speaking politely!

The main solution however,

is so simple that even a small child
can understand it.

Everyone is talking about money.

It seems that money and growth
are our only main concerns.

Adults keep saying:

"We owe it to the young people
to give them hope!"

But I don't want your hope.

I don't want you to be hopeful.
I want you to panic!

I want you to feel the fear
I feel every day!

And then I want you to act

as if our house is on fire.

Because it is.

David, first of all...

do you feel the narrative around

climate change and environmentalism
sometimes can be quite pessimistic

and that actually there is

a real need for injection of optimism?
- That is not the point!

The point is
that we have this option ahead of us.

We have to take the option
of protecting the natural world.

And we are discovering more ways
in which we can do so!

And still it's seen by some people

that in fact humanity,
and industrialized humanity in particular,

is in opposition to the natural world.
It is not!

We are all one world!

And that is why it is so exciting

to be at this great, important occasion,

where people attending it have more power,

perhaps,
than any other gathering in the world!

We have the power,
we have the knowledge,

to live in harmony with nature.

Beautiful.

You really look very, very handsome!

Good luck!

Mr. President,

welcome to Davos,

Mr. President Bolsonaro,

we are all aware
that Brazil is going and will go

through a period of decisive transformation
under your leadership.

We are looking forward
to hearing your vision.

The floor is yours.

Thank you for the honor to address you
at the opening of this annual meeting.

This is my first international trip

after being elected.

For me this trip is a great opportunity

to show the world

this unique moment of Brazilian history.

I want to present the new Brazil here,
that we are currently building.

We are the country that cares most
about preserving our environment.

No other country in the world
has as many forests as we have.

The ones who criticize us have in fact
a lot to learn from us.

We are governing by taking actions.

We will rescue our values,

not just for the good of Brazil,

but also for the good of the whole world.

Thank you very much.

I am doing a panel this afternoon

it is called 'American Power'.

I am a professor of economics
at Harvard University.

I've done a lot of work on central banking,

and give talks and stuff, so...

I'm trying.

Yeah, absolutely!

Hello.

I am a good friend with Alfredo Sirkis.

Way back your friend Sirkis
was my enemy in the armed struggle.

Oh, I didn’t know that.

So I brought up the wrong person.

No, no, it’s not a problem.

The episode of the military involvement
in Brazilian history

has been poorly reported.

The truth always comes to light.

You know, we’re all
deeply concerned about the Amazon.

I am sorry to raise this issue
in an informal meeting

but I care passionately about it.

The Amazon will never be forgotten.

We have a wealth of resources.

And we would very much like to tap into
these resources together with the United States.

I am not sure what that means.

I love the American people.

Brazil has just elected a President
who likes the United States.

And the Amazon
may be the solution to the whole world.

I know you, we are no enemies.

We just need to talk.

I am always eager to talk.

Thank you.
- You're welcome!

Thank you.

Mr. President,

Jennifer Morgan.

I lead Greenpeace internationally.

Good to meet you.

I've heard
by some of my colleagues from business...

...your commitment to protecting the Amazon.

I just wanted to reach out and

say that I was pleased to hear that and

say that protecting the indigenous rights

is a very big priority for Greenpeace Brazil.

Sounds very good.

I was chief economist
at the International Monetary Fund.

I haven't been in South Africa in a while,
but I am so happy

with you being President.

I just spoke to Bolsonaro.

Oh my god!

How did you get yourself there?!

Is he here?

Which one is he?

He is standing there by himself.

You are brilliant!

They all want to talk to you,
Mr. President.

Mr. President, congratulations!

I am from Hong Kong.

Nice to see you.

You think that a girl

of the age of 16 can make a difference?
- Oh, absolutely!

Could that be the rise of the children?

I hope so.

If people's hearts and emotions
don't get moved

by this movement of young activists,

they're not human anymore.

I just... I'm very grateful

for all her work.

Thank you very much.

I think

Klaus is clearly a highly intelligent man,

who's devoted his life from his perspective

to trying to make the world a better place.

But, I think it's important that

all the leaders that go to Davos
are confronted with this.

And Klaus Schwab certainly,

his cage should be rattled
and he should be rattling the cage

of everyone that comes!

Yeah, you have to take'em on,
you have to...

be willing to risk your relationship,
risk your status,

risk all those years of...

bringing people together
and being liked.

You have to risk all of that!

We keep talking about
'the poor' and 'the weak'

but 'the poor and weak',
that is the next generation!

They cannot defend themselves

against the unsound decisions
we are taking today.

Power! - Power!

We started with a financial crisis,

it became an economic crisis,

then it became a social crisis,

it's going to become
a generational crisis.

The older generations

have failed tackling the biggest crisis

humanity has ever faced!

Dear Greta,

I share fully with you

the conviction that time is running out.

I am very happy that
your movement has gained

so much strength since we met in Davos
just some weeks ago.

Now! What do we want?
- Climate justice!

This is what democracy looks like!

The planet! The planet is on fire!

We are not letting them steal our future.

We need dramatic action.
Systems change, not climate change.

Such action cannot just come from politics,

But has to start with each individual
on our planet earth.

I am also ready

myself to make a commitment.

I will have the participants of the next
Annual Meeting in Davos

sign a commitment to action,

but tailored to the

important responsibilities in business,
finance and politics.

With my best wishes,
yours Klaus Schwab.

Canada is moving ahead

with the plan to reduce plastic waste.

I'am very happy to announce,
that as early as 2021, Canada will ban

harmful single-use plastics
from coast to coast to coast.

A small country taking a huge stand
against climate change:

Costa Rica

has a plan to go fossil-free
beginning next year

becoming the first
decarbonized economy in the world!

Costa Rica already generates
more than 90 percent

of its electricity
using renewable energy.

The Amazon is burning in full climate crisis
and the planet is losing

a part of its lungs
under the presidency of Jair Bolsonaro.

After the European Union

has signed an agreement
obliging the South American countries

to achieve the climate goals
of Paris Agreement,

the trees are still falling in Brazil,
home to 60 percent of the Amazon.

Dear Professor Schwab,

thank you for your letter
and sorry for the late response!

I am happy that you have watched the progress
of the 'Friday for Future' climate strikes.

For many decades, leaders have known

of the seriousness of the climate crisis

and still not taken the action
required to protect

future living conditions for humankind.

The people who have failed most are those
with the greatest responsibility.

Those are the kinds of people

who attend the World Economic Forum.

Their inaction is unacceptable
and unforgivable.

It is not up to us
to bring emissions to safe level.

That it is up to those in power today

to stop avoiding
their responsibility and lead!

It is time for those
with influence and power,

including yourself,
to respond to that call.

With best wishes!
Greta.

Today we are
in the Fourth Industrial Revolution.

The dangers, the risks are innumerable.

But I think that this revolution
will in the long term

possibly contribute to a better world.

You have to make a decision.

Do you want to live in the past?

And reject everything going on around you?

Or are you willing to embrace the future?

We are experiencing a change
that is forcing us

to think about the nature
of our existence.