MCQ Detailed View

The World Economic Forum (WEF) is headquartered in Cologny, Switzerland, a municipality near the city of Geneva. Founded in 1971 by Professor Klaus Schwab, the WEF is an independent international organization that brings together political leaders, business executives, economists, and academics to discuss and shape global, regional, and industry agendas.

Key facts about WEF headquarters and structure:

• Headquarters: Cologny, Canton of Geneva, Switzerland


• Founded: 1971


• Founder: Klaus Schwab


• Organizational status: Nonprofit foundation under Swiss law

Cologny is not as widely recognized as Geneva, but it is the precise location where the organization is registered and where its primary operations are based. Its location allows it to benefit from Switzerland’s political neutrality and strong tradition of hosting global organizations.

WEF’s global influence and initiatives:

• Main event: The Annual Meeting in Davos, Switzerland, where global challenges such as climate change, economic development, and international cooperation are discussed


• Key platforms: Public-private cooperation, Fourth Industrial Revolution, Global Shapers, and Sustainable Development Goals (SDGs)


• Reach: Engages leaders from over 100 countries and multinational corporations

The WEF’s mission is to improve the state of the world by fostering collaboration across borders and sectors. While Davos hosts its most famous event, the strategic and administrative decisions are made at its Cologny headquarters.