Klaus Schwab at WEF Summer Davos: 'Innovation and Collaboration Key to a Sustainable Future'

Klaus Schwab opens this year's WEF 'Summer Davos' gathering:

"In today's world, risks and opportunities co-exist. We face major issues, such as environmental challenges, energy transformations, rising geopolitical tensions, and social challenges such as pandemics."

"At the same time... breakthroughs from the Fourth Industrial Revolution provide new opportunities for global prosperity and growth... We must embrace innovation and foster collaboration across sectors, regions, nations and cultures, to create a more peaceful, inclusive, sustainable and resilient future."

"At this critical juncture, the active participation of all stakeholders is essential to ensure a sustainable development path."