World Economic Forum (WEF) | IAS Target IAS Target

World Economic Forum (WEF)

The World Economic Forum (WEF), based in Cologny-Geneva, Switzerland, was set up in 1971 as a not-for-profit organization. The WEF hosts an annual meeting at the end of January in Davos, a mountain resort in GraubŁnden, in the eastern Alps region of Switzerland. The meeting brings together business leaders, economists, international political leaders, journalists and celebrities for discuss business deals. The organization also assembles some six to eight regional meetings each year in locations across Africa, East Asia and Latin America, and holds two further annual meetings in India, China, and the United Arab Emirates.

WEF's mission

Improving the state of the world by engaging political, business, academic, and other leaders of society to shape global, regional, and industry agendas

Headquarters Cologny, Switzerland
  • Global Enabling Trade Report
  • Global Information Technology Report
  • Global Risks Report
  • Global Travel and Tourism Report
  • Global Gender Gap Report
  • Global Competitiveness Report


The foundation is funded by its 1,000 member companies, usually global enterprises. These enterprises rank among the top companies within their industry and/or country and play a vital role in shaping the future of their industry and/or region.