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Page 1: Network of Global Agenda Councils – Portfolio Review 2014-2016 · Network of Global Agenda Councils – Portfolio Review 2014 -2016 . of approximately 750 million people will be
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Economics and Finance--------------------------------------------------------------------------------------------- 6

1. Competitiveness 2. Creative Economy (NEW) 3. Emerging Multinationals 4. Future of Jobs (formerly Employment &

Youth Unemployment) 5. Global Economic Imbalances (NEW) 6. Global Financial System 7. Infrastructure 8. Migration

9. New Growth Models 10. Public Finance and Social Protection

Systems (formerly Fiscal Sustainability) 11. Smart Cities (formerly Urbanization) 12. Sustainable Development 13. Trade & FDI (formerly Global Trade &

FDI)

Environment and Sustainability---------------------------------------------------------------------------------- 10

14. Climate Change 15. Decarbonizing Energy (NEW) 16. Deforestation (NEW) 17. Food and Nutrition Security 18. Governance for Sustainability 19. Oceans 20. Water (formerly Water Security)

Science and Technology ------------------------------------------------------------------------------------------- 12

21. Artificial Intelligence and Robotics (formerly Robotics & Smart Devices) 22. Brain Research (formerly Neuroscience and Behaviour) 23. Data-Driven Development 24. Economics of Innovation (NEW) 25. Nanotechnology (NEW) 26. Space (formerly Space Security)

Security and Governance ------------------------------------------------------------------------------------------ 14

27. Arctic 28. Cyber Security (NEW) 29. Fragility, Violence and Conflict (formerly

Fragile States & Conflict Prevention) 30. Future of Regional Organisations (NEW) 31. Geo-economics (formerly Geopolitical

Risks) 32. Global Governance (formerly Institutional

Governance System)

33. Human Rights 34. Humanitarian Response (NEW) 35. Justice (formerly Rule of Law) 36. Nuclear Security (formerly Nuclear,

Biological and Chemical Weapons) 37. Risk and Resilience (formerly

Catastrophic Risks) 38. Transparency & Anti-Corruption

Global Councils

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Society and Human Development ------------------------------------------------------------------------------ 18

39. Ageing 40. Behaviour 41. Civic Participation (formerly Role of Civil

Society) 42. Education (formerly Education & Skills) 43. Future of Government 44. Gender Parity (formerly Women’s

Empowerment)

45. Mental Health (formerly Well-being & Mental Health)

46. Population Dynamics (formerly Population Growth)

47. Role of Faith 48. Social Innovation 49. Social Media 50. Values

Industry Agenda Councils ---------------------------------------------------------------------------------------- 23 Basic and Infrastructure Industries

1. Future of Mining and Metals (formerly Responsible Mineral Resources Management) 2. Future of Chemicals and Biotechnology (formerly Biotechnology) 3. Future of Real Estate and Urbanization (NEW)

Consumer Industries

4. Future of Consumer Industries (NEW)

Energy Industries 5. Future of Electricity (formerly New Energy Architecture) 6. Future of Oil & Gas (formerly Energy Security)

Financial Services Industries

7. Future of Banking (NEW) 8. Future of Insurance & Asset Management (formerly Social Security Systems)

Investors Industries

9. Future of Investing 10. Future of Financing and Capital (formerly Financing and Capital)

Global Health and Healthcare

11. Future of Health Sector (NEW)

Information and Communication Technologies Industries 12. Future of IT Hardware (NEW) 13. Future of IT Software and Services (NEW) 14. Future of Telecommunications (NEW)

Media, Entertainment and Information Industries

15. Future of Media, Entertainment & Information (formerly Future of Media)

Mobility Industries

16. Future of Travel and Tourism (formerly New Models of Travel and Tourism)

Industry Agenda Councils

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17. Future of Logistics & Supply Chains (formerly Logistics and Supply Chain) 18. Future of Automotive (formerly Personal Transportation Systems) 19. Future of Advanced Manufacturing (formerly Advanced Manufacturing)

Regionals -------------------------------------------------------------------------------------------------------------- 27

1. Africa 2. China 3. Europe 4. India 5. Japan 6. Korea

7. Latin America 8. Middle East and North Africa (formerly the

Arab World) 9. Russia 10. Southeast Asia 11. United States

Meta-Councils -------------------------------------------------------------------------------------------------------- 31

1. Metacouncil on Circular Economy (NEW) 2. Metacouncil on Global Solutions networks (NEW) 3. Metacouncil on Emerging Technologies 4. Metacouncil on Illicit Economy (NEW) 5. Metacouncil on Inclusive Growth (NEW) 6. Metacouncil on the Future of Health (NEW)

Discontinued------------------------------------------------------------------------------------------------------------ 34

1. Biodiversity & Natural Capital 2. Biotechnology 3. Complex Systems 4. Design & Innovation 5. Digital Health 6. Fostering Entrepreneurship 7. Future of the Internet 8. Future of Universities 9. Informed Societies 10. Intellectual Property System

11. International Monetary System 12. Measuring Sustainability 13. New Economic Thinking 14. New Models of Leadership 15. Role of Business 16. Role of the Arts in Society 17. Sustainable Consumption 18. Terrorism 19. Ukraine

Meta-Councils (proposed)

Regionals (proposed)

Discontinued

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Other proposals ------------------------------------------------------------------------------------------------------- 39

1. Antibiotic-resistant Bacteria 2. Big Data 3. BRICS 4. Caring Economy 5. Diversity and Inclusion 6. Emerging Markets 7. Eurasia 8. Final Resource Frontiers - Sea, Space and the Arctic 9. Future of Democracy 10. Future of Markets/ Capitalism 11. Future of Mass Displaced Persons 12. Future of Money 13. Future of Philanthropy 14. Future of the State 15. Future of Warfare 16. Geo-engineering 17. Global Tax Regime 18. Hyperconnectivity (Metacouncil) 19. Illegal Wildlife Trade 20. Individual Empowerment and Behaviour Change 21. Knowledge Economy 22. New Perspectives on Drugs Policy 23. Non Communicable Diseases 24. North America 25. Northeast Asia 26. Nutrition System for Health 27. Purpose-Driven Business 28. Rise of Global Middle Class 29. Science of Delivery 30. Small Arms 31. Social Acceptance for Energy Infrastructure 32. South Asia 33. Southeast Asia & Pacific 34. South Caucasus & Central Asia 35. Supporting Communities through Telecommunications

Other IAC proposals ----------------------------------------------------------------------------------------------- 47

36. Future of Family Businesses 37. Future of Luxury Goods 38. Future of Medicine (formerly Precision and Personalized Medicine)

Other proposals

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Global Councils

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Global Councils 1. Creative Economy Endorsed by: Diana El-Azar Proposed mandate: The council will address the serendipitous success-rate of creative economy centres, by exploring and explaining the role of the creative economy in contributing to economic growth and employment; understanding what factors create an efficient creative environment; and enabling knowledge transfer amongst projects within the creative economy. Rationale: Over the last decade Creative Industries (CIs) have been embraced enthusiastically as a new growth model, especially in places where natural resources are exhausted/non-existent and/or where high lab or and real-estate costs preclude manufacturing industries. Depending on how it is defined, CIs are estimated to represent anywhere from 3 percent to 12 percent of GDP. In tough times for aging economies, many politicians and business people today see in CIs an economic panacea that can create fast growth with a relatively low initial investment in a “soft” infrastructure--one that can support stylistic and technological innovation to spark advances in knowledge, information and economic development. Yet, despite all the efforts to create the next Berlin/Williamsburg/East End, there are more examples of failure than success at catalysing creativity as an economic driver. It is a wrong assumption to think that a thriving CI can be built ex-novo, like a cathedral in the desert. What seems clear, from places as disparate as Detroit, the Arab Gulf, and Singapore, is that money and desire are not enough to spark this chain reaction. A dedicated cultivation of local culture is the prerequisite. 2. Competitiveness Endorsed by: Jennifer Blanke Proposed mandate: Highlight and help leverage innovative competitiveness practices developed at the city level so decision makers in other domains can better manage and develop the principal drivers of modern global growth. Rationale: Well over half of the world’s population lives in cities, generating more than 80% of global GDP, according to the Economist Intelligence Unit’s report “Hot Spots 2025 Benchmarking the future competitiveness of cities, London 2013”. City competitiveness is a relatively new approach in the field. Competitiveness is a holistic concept: While economic size and growth matter, several other factors determine a city’s competitiveness, including its business and regulatory environment, its institutions, the quality of human capital, cultural aspects and the quality of environmental governance. These factors not only help a city to sustain high economic growth, but also secure its future competitiveness. Without this holistic approach, global economic growth will not reach its full potential and the benefits of growth such as poverty reduction and economic development will not be realized, in particular in developing countries.

3. Emerging Multinationals Endorsed by: David Aikman Proposed mandate: Enhance the positive role of business in developing countries by becoming the foremost platform of Emerging Markets Multinationals insight and best-practice dissemination. Rationale: “Few forces in the world today are as profound as the growing influence of emerging market multinational companies,” says Muhtar Kent, Chairman and Chief Executive Officer, The Coca-Cola Company. Emerging market multinationals accounted for 34% of the Forbes 2000 list in 2012, compared to 20% of the Forbes 2000 list in 2006. Over the next decade, most of the world’s expected population growth

Economic and Finance

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of approximately 750 million people will be in these developing economies. Defining and disseminating best practices for company growth is an opportunity to support the development of emerging multinationals. 4. Future of Jobs (formerly Employment and Youth Unemployment) Endorsed by: Saadia Zahidi Proposed mandate: Consolidate the latest knowledge on trends and disruptions to develop scenarios for skills and employment demands in 5-10 years and identify implications of these projections for human capital planning and lab or policy by governments, and business and education providers. Rationale: As unemployment rates and income inequality are increasing globally, new approaches to job creation and skills development are needed, based on collaboration between public and private sectors. With 200 million unemployed (Global Employment Trends, ILO, 2014), and the need to create another 600 million new jobs globally the coming years to respond to the growing labour force (Global Employment Trends, ILO, 2012), the creation of decent jobs through sustainable growth and technological development is a top priority for both advanced and emerging economies. 5. Global Economic Imbalances Endorsed by: Michael Drexler Proposed mandate: Increase resilience of monetary and financial systems, and stability of global institutions, including by providing guidelines for an orderly transition from unconventional monetary stimulus measures and a reduction in the volatility of international capital flows. Rationale: The current system suffers from significant flaws and is in dire need of reform, in a world which is witnessing a rebalancing of global economic powers that will continue for decades. The current system, predicated on the post-WW II balance of global economic power, has to undergo changes to cope with the new emerging realities. Almost every feature of the IMS is malfunctioning. 6. Global Financial System Endorsed by: Giancarlo Bruno Proposed mandate: Advise decision-makers on avoiding the potential to unevenly implement the emerging financial regulation by working with the G20 Presidency. Rationale: The International Monetary Fund warned recently that new risks to global financial stability are emerging even before many of the vulnerabilities created by the financial crisis of 2008 have been solved. Volatility in emerging markets following the scaling back of the US Federal Reserve’s bond buying programme has emerged. There is also a sharpening divide between advanced and emerging economies, and growing concerns about what this increasing trust deficit means in these uncertain times. Emerging financial regulation will be a key issue on the agenda of senior finance officials from the Group of 20 industrialized and developing nations meeting in 2014. 7. Infrastructure Endorsed by: Alex Wong Mandate: Provide input on how to structure the Infrastructure pillar of the Global Agenda Platform and also select relevant content to be featured on the platform, as well as propose some relevant potential members of the Infrastructure community of purpose. Special emphasis will be given to Infrastructure financing. Rationale: Today’s global infrastructure demand is estimated at approximately US$ 4 trillion in annual expenditure with a gap – or missed opportunity – of at least US$ 1 trillion every year. It is generally assumed that for every dollar spent on public infrastructure investment, the long-term gross domestic product of the country will additionally increase by up US$ 0.25. The importance of infrastructure planning has been highlighted by Indian Prime Minister Manmohan Singh, quoted in newspaper reports in 2008: “Expanding investment in infrastructure can play an important counter cyclical role. Projects and programmes [are] to be reviewed in the area of infrastructure development, including pure public-private partnerships, to ensure that their implementation is expedited and does not suffer from [the] fund crunch.”

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8. Migration Endorsed by: Martina Larkin Proposed mandate: Promote globalization of lab or by encouraging governments and businesses groups to remove barriers to international talent mobility. Rationale: “In response to particular lab or market failures, talent mobility practices can effectively boost lab or supply, stimulate lab or demand, or better equilibrate supply and demand through changes in cost or quality of lab or – all of which lead to growth.” Talent Mobility Good Practices: Collaboration at the Core of Driving Economic Growth, World Economic Forum Report (2012) “The free flow of talent encourages economic efficiency because it allows people to work in jobs and for wages that fit their skills. It also encourages innovation because it spreads information, extends professional networks and encourages cross-fertilisation.” Schumpeter: Ties that Bind, The Economist 9. New Growth Models Endorsed by: Martina Larkin Proposed mandate: Suggest agendas for analysis, measurement and action in the short-to-medium term that will accelerate the adaptation of more inclusive and sustainable growth models. Rationale: Since the 2008 financial crisis threw the world economy into a tailspin, there has been much talk about the need to pursue inclusive, sustainable prosperity. Yet policymakers in developed and developing countries alike have largely continued to rely on reactive, one-dimensional strategies aimed at boosting economic growth, instead of adopting a systemic approach that moves beyond output to account for social and environmental objectives. This may be about to change, argues Simon Zadek, of the Global Green Growth Institute. If emerging economies try to reach advanced-country income levels by following roughly the same pattern as their predecessors, the impact on natural resources and the environment would be enormous – probably disastrous. One or several tipping points would most likely bring the process to a screeching halt. Energy security and cost, water and air quality, climate, ecosystems on land and in the oceans, and food security would all be threatened. 10. Public Finance and Social Protection Systems Endorsed by: Michael Drexler (formerly Fiscal Sustainability) Proposed mandate: Develop optimal and efficient management systems for public finances, and a framework for resolving sovereign debt overhang. Contribute to the Forum’s cross-cutting work on inclusive growth by developing a framework for comparing the coverage, benefits and fiscal sustainability of social insurance and safety net policies across countries. Rationale: The challenges of sovereign debt crises both in Europe and in other parts of the world are far from being resolved. The Forum’s Global Risk Report 2014 pointed out that advanced economies remain in danger of fiscal crises. Given the US’s official public debt of more than 100% of its GDP, and Japan’s of more than 230%, investors may at some point conclude that these levels are unsustainable. "The eurozone’s difficulties, I have long argued, stem from European financial and monetary integration having gotten too far ahead of actual political, fiscal, and banking union" - Ken Rogoff, 2013. Axel Weber, head of Swiss banking group UBS, said at Davos 2014 : "The eurozone recovery is no reason to get excited. If you actually look at the recovery, it's lacklustre, it's uneven across European countries ... this is not enough to close output gaps, it's not enough to create jobs." Overcoming challenges that hinder inclusive and sustainable growth is only possible through actionable policies and programmes if there is sufficient public funding in place, with support from the private sector. Further commitments of public resources are needed to ensure that this new world will be secure and stable. 11. Smart Cities (formerly Urbanization) Endorsed by: Alex Wong Proposed mandate: Facilitate the transition to smart cities, by providing advice to policy makers and financial institutions who will need to make informed decisions about which technologies, schemes and companies to finance. The council will engage a variety of stakeholders from ICT, Infrastructure, Real Estate, Design, Energy and Governance to increase smart investment in smart cities. Rationale: The trend of urbanization is most significant in places that are least equipped to cope. According to UNHABITAT, by 2025, the urban population increase in developing regions will be 53 million annually, compared to 3 million in developed regions. To accommodate demand, researchers anticipate that the built

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environment of today will need to expand by 326% in developing countries and by 100% in developed countries by 2050. This is equivalent to building a city equivalent to Greater London every month for 40 years. Thus, there is an urgent need for innovative governance and financing structures that can catalyse urban infrastructure and housing development, improve resilience, and put long-term sustainability at the forefront of development trends. Local action at the city level can make cities the birthplace of a more sustainable world. 12. Sustainable Development Endorsed by: Jennifer Blanke Proposed mandate: Help the UN and development community to lay the groundwork for successful implementation of the post-2015 development agenda through a focus on financing and delivery. Rationale: Ending extreme poverty by 2030 is possible. But with more than a billion people still living on less than a PPP$ 1.25 (a day), it is no time to be complacent. According to the World Bank, “an agreement on the post-2015 sustainable development agenda and the means to achieve it, especially financing, will surely put the world on a more sustainable path, by setting priorities and holding governments – and possibly businesses – accountable of their actions to address the many forms of extreme poverty,” (Measuring the Real Size of the World Economy, 2013). September 2015 is the deadline set by the United Nations Secretary-General for member states to agree on the post-2015 agenda. There are still many issues and tensions to be solved and the risk of failure remains high, despite progress in the past two years. A failure to agree would be seen as another mishap for international governance and significantly undermine development efforts in the decades to come. 13. Trade & FDI (formerly Global Trade & FDI) Endorsed by: Jennifer Blanke Proposed mandate: Impact intergovernmental and governmental policy by advising stakeholders shaping the future of the global trading system, including by contributing substantively to and advising on the direction of the Forum’s E15 global trade project in cooperation with ICTSD. Rationale: “The world is changing with extraordinary rapidity, driven by many influences, including shifts in production and consumption patterns, continuing technological innovation, new ways of doing business and, of course, policy. […] Trade is both a cause and an effect of (this) change.” - World Trade Organisation: World Trade Report 2013: Factors shaping the future of world trade. In the last 30 years, world merchandise and commercial services trade have increased by about 7% per year on average, reaching a peak of US$ 18 trillion and US$ 4 trillion respectively in 2011. The changing nature of world trade, however, poses a challenge to global trade governance: the rapid shift from the developed to developing economies in the past decade, the rise of global value chains, and increased foreign direct investment flows – to name just three factors – have made governance more complex. While many organizations address trade governance issues, the Ministerial Meeting in Bali in December 2013 once more highlighted the difficulties in reaching multilateral and even bilateral trade agreements.

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14. Climate Change Endorsed by: Dominic Waughray Proposed mandate: Accelerate global reduction of greenhouse gas emissions by developing innovative ways to mobilise new constituencies that have not been active in the process thus far. Rationale: “I do not exaggerate when I say that 2014 needs to be the year in which every government, every organization, every business, every individual needs to ask themselves, ‘How am I going to contribute to solving climate?’” - Christiana Figueres, Executive Secretary United Nations Framework Convention on Climate Change. Climate change is the ultimate game changer. The UNEP Emissions Gap Report shows that even if nations meet their current climate pledges, greenhouse gas emissions in 2020 are likely to be 8 to 12 gigatonnes of CO2-equivalent above the level needed to have a good chance of remaining below temperature increases of 2°C by 2020. If no deal is reached, we will see a continued increase in the likelihood of the occurrence or strength of extreme weather and climate events, changes in sea level (ocean warming plus land ice melt), and in ocean acidification. 15. Decarbonizing Energy (NEW) Endorsed by: Roberto Bocca Proposed mandate: Identify effective pathways to decarbonizing the energy mix and catalyse their implementation. How can the energy system be moved faster towards decarbonisation most effectively, taking in to account different policy and industrial instruments as well as economic, industrial and political realities? This could – but does not necessarily need to – take specific country, regional and industry examples. Rationale: The energy sector represents around two-thirds of greenhouse gas emissions today. Thus, the industry will be key to finding solutions to the carbon emissions problem. The next two years will be crucial politically, as the United Nations leaders’ summit in 2014 and the 21st Conference of the Parties on Climate Change in 2015, will advance towards a new global, climate-change agreement. The Council will identify and catalyse concrete initiatives with a specific focus on the energy sector from industry and the international community, to support the goal of resolving the carbon emissions challenge. 16. Deforestation (NEW) Endorsed by: Dominic Waughray Proposed mandate: Help accelerate avoided deforestation by identifying meaningful targets for sustainable supply chain management in four key commodity supply chains (beef, soy, palm oil, paper and pulp) by the time of COP 21 in Paris. Rationale: Avoiding deforestation and conserving and restoring forests are critical to addressing the challenge of climate change. Deforestation, especially in the tropics, currently accounts for 12-17% of global greenhouse gas emissions. Just four agricultural commodities (soy, palm oil, beef, and paper and pulp) are responsible for over 50% of this deforestation. Ensuring that the supply chains of these key commodities are sustainably managed and do not result in forest loss would be a major contribution in the fight against global climate change. It would also help to conserve endangered species and other tropical biodiversity, and provide a range other ecosystem goods and services that underpin local livelihoods in these regions. 17. Food and Nutrition Security Endorsed by: Lisa Drier Proposed mandate: Ensure food security and nutrition for all through sustainable food and agricultural systems, promoting market-based multi-stakeholder partnerships. Rationale: The global economic crisis has exacerbated food insecurity, leaving 870 million people in hunger. Shortfalls and volatility in global food supplies and prices are likely to intensify due to higher costs of production, greater demand for food and energy, and climate change. Efforts to achieve food security historically have suffered from insufficient investment and a lack of coordination in a complex landscape of

Environment and Sustainability

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issues and stakeholders. The challenges remain the same today, although the threat of a food crisis is perhaps more real than ever. Yet, this risk can be alleviated through policy reforms, targeted investment and innovative ways to increase production and access to food. New initiatives, innovative financing and multistakeholder partnerships are gathering momentum in the fight against food insecurity. 18. Governance for Sustainability Endorsed by: Dominic Waughray Proposed mandate: Improve the effectiveness of environmental governance by creating an informal complex regime (creating linkages) with a particular focus on biodiversity, climate change, trade and sustainable development goals. Rationale: The Council on Foreign Relations argues that the global climate change regime is inadequate. Governments around the world have just over a year in which to set out their targets on curbing greenhouse gas emissions from 2020. New thinking is urgently needed on a framework to govern and manage climate change. "We have seen essential progress. But let us again be clear that we are witnessing ever more frequent, extreme weather events, and the poor and vulnerable are already paying the price," said Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC.

19. Oceans Endorsed by: Dominic Waughray Proposed mandate: Develop a fish traceability framework to ensure a sustainable management of fish stocks globally. Rationale: Oceans provide food, oxygen, water and regulate our climate, all of which has been valued at over US$ 21 trillion. Maritime transport supports 90% of global trade by volume. The fisheries sector alone employs an estimated 180 million people while providing a primary source of protein to more than 1 billion people. And yet marine ecosystems are facing perils that reduce their current productivity and threaten their future. Many fish stocks are depleted; some may never recover. The rich biodiversity that scientists are only now discovering is threatened by destructive fishing methods, pollution and climate change. Equally clear are the economic losses that poor management causes – depletion of fish stocks alone is costing the global economy an estimated US$50 billion per year. “With the global population set to increase from seven towards nine billion people in the next few decades, the need to secure a healthy and productive global ocean could not be more pressing. A healthier ocean that is better managed could provide more food and more employment.” (Global Ocean Commission, 2013). 20. Water (formerly Water Security) Endorsed by: Dominic Waughray Proposed mandate: Assemble and build on best-in-class knowledge and expertise to design a breakthrough funding model that can close the water services investment gap in both developed and developing countries. Rationale: Investment in safe drinking water and sanitation contributes to economic growth. For each $1 invested, the World Health Organization (WHO) estimates returns of $3 - $34, depending on the region and technology (Guy Hutton, Laurence Haller, 2004, "Evaluation of the Costs and Benefits of Water and Sanitation Improvements at the Global Level", WHO.) “Water Crises” was number three in the World Economic Forum`s Global Risk Report 2014. Given the investment risks of poor water management, it is important to propose a new suite of regional funds that can close the water services investment gap in both developed and developing economies.

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21. Artificial Intelligence and Robotics Endorsed by: Martina Larkin (formerly Robotics & Smart Devices) Proposed mandate: Put in place and coordinate an international action plan to launch and strengthen global activities on integrating the advances in artificial intelligence, robotics and smart devices into society, with all of its technical, economic and social dimensions, to accelerate development and deployment, to the benefit of global society. Rationale: With a new age dawning, robots are coming into our lives more than ever before, reports The Institution of Engineering and Technology. About 168,000 service robots for professional use were sold in 2012, a number which is on a continuous rise according to World Robotics. “At the end of the day, that's what we're really about: How do we get robots out of the lab and into the real world, working with real people so that they can do something with them?" Brown University roboticist Chad Jenkins told National Geographic magazine.

22. Brain Research (formerly Neuroscience and Behaviour) Endorsed by: Martina Larkin Proposed mandate: Develop a coordinated roadmap for bringing significant new business, government and philanthropic investment into brain health. Convene leaders in large pharma, health management, public health, science funders to discuss current barriers to investment in brain health (market regulatory, basic science knowledge, complexity of the brain, etc.), and to propose specific actions/policies/resources/market conditions to spur new investment Rationale: “No group of chronic diseases costs the world more than brain disorders," according to Barbara Sahakian, a professor at Cambridge University and president of the British Association of Psychopharmacology told NBC news, in July, 2013. And yet some big pharmaceutical companies in Europe, particularly GlaxoSmithKline and AstraZeneca, have been backing away from investment into research on how the brain works and affects behaviour because they say it is not profitable enough. That puts the onus on governments and health charities to stump up funding for neuroscience, NBC news also reported in July 2013. 23. Data-Driven Development Endorsed by: Alan Marcus Proposed mandate: Identify approaches for empowering individuals, establishing new governance models and fostering technological innovations to deliver pragmatic actions so the promise of Big, Open and Personal Data is realized while the associated social risks to individuals (particularly privacy and individual autonomy) are mitigated. Rationale: Open data has given rise to hundreds of entrepreneurial businesses, helped established companies to segment markets, define new products and services, and improved the efficiency and effectiveness of operations. If applied to seven industrial sectors, open data could generate more than $3 trillion a year in additional value (McKinsey 2013). However, without clear policies and economic incentives for linking, sharing and using data in new and innovative ways, the transformational opportunity for addressing complex global challenges will be lost. The growth and impact of data-driven policies is just emerging as a key trend shaping global decision making. To measure the impact of these policies and practices, more rigorous analysis and real-world implementations are needed. By coordinating those efforts around a set of common agreed upon assessment methods, more comparative and scalable insights can be established. 24. Economics of Innovation (NEW) Endorsed by: Martina Gmur Proposed mandate: Devise clear and implementable actions for increasing innovation for countries, regions and cities that have been unable to boost their innovation potential due to both inadequate public policies and company strategies.

Science and Technology

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Rationale: The World Economic Forum’s Executive Chairman, Klaus Schwab, said that the traditional distinction between countries being "developed" or "developing" is losing relevance. “We will instead differentiate among ‘innovation-rich’ and ‘innovation-poor’ countries,” he said. Innovation is what makes the difference in driving long-term sustainable growth once all other inputs – such as labour and capital – have reached their maximum potential. Around 85% of productivity gains are related to R&D and other innovation-related investments, and productivity gains determine the longer-term growth potential of an economy. Yet innovation - and a broader culture of entrepreneurship - remains elusive in many places, which risk finding themselves unable to maintain or develop sustained levels of prosperity. Creating an ecosystem that fosters innovation and entrepreneurship requires collaborative efforts by all stakeholders. Business, government and academia all have their critical roles to play. 25. Nanotechnology (NEW) Endorsed by: Andrew Hagan Proposed Mandate: Advise policy makers and key business players on how to prepare for the effects of nanotechnology’s advances in the areas of health and advanced materials. Rationale: According to the Royal Society of Chemistry, in the coming decade nanotechnology is expected to have an enormous impact. Future advances could change our approaches to manufacturing, electronics, IT and communications, making previous technology redundant and leading to applications which could not have been developed or even thought of without this new approach. Understanding the implications of these technologies are crucial both for the timely use of new and powerful tools and for their safe integration in our everyday lives. 26. Space (formerly Space Security) Endorsed by: Martina Larkin Proposed mandate: Enhance initiatives around education, human rights tracking, resource management and disaster mitigation, by integration of space technology, innovation and services, and provide recommendations for the sustainability of space. Rationale: “There’s a growing interest around the world in the use of space in a deeper way than in the past,” says Theresa Hitchens, Director of the UN Institute for Disarmament Research (Outlook on the Global Agenda 2014). The space sector is one of the fastest growing in the world, with average annual growth rates between 5 percent and nearly 8 % - 57 countries currently have one or more of their own satellites, up from only 26 in 2001. At the same time, The huge and ever-growing cloud of debris around Earth poses a real threat to satellites and our way of life. "There is a wide and strong expert consensus on the pressing need to act now to begin debris removal activities," Heiner Klinkrad, head of the European Space Agency's Space Debris Office, said in a statement on April 25 2013. "Our understanding of the growing space debris problem can be compared with our understanding of the need to address Earth’s changing climate some 20 years ago."

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27. Arctic Endorsed by: Martina Larkin Proposed mandate: Have governments and business leaders better, and more uniformly, prepare for the sustainable management of the Arctic, by leading the establishment a new institution that can prioritise and implement necessary instruments. Rationale: US Secretary of State John Kerry stated: "For a long time now, I've shared the view that the Arctic region really is the last global frontier...[and it's] vital that we elevate the entirety of Arctic issues and interests—environmental, economic, energy, geostrategic, national security, and more". Economic modelling published in Nature magazine shows that the possible methane emissions caused by shrinking sea ice from just one area of the Arctic could come with a global price tag of US$60 trillion dollars –the size of the world economy in 2012. Thus, a shared and strengthened approach to Arctic governance, beyond the basic principles of the United Nations Convention on the Law of the Sea (UNCLOS), must be a priority. Such regulation, according to the World Wildlife Fund for Nature, should be specially tailored to the unique conditions in the Arctic, ensuring sustainable management of oil and gas development, fisheries and shipping safety. 28. Cyber Security (NEW) Endorsed by: Martina Larkin Proposed mandate: Strengthen global security in the cyber-age by launching the process and laying the ground work for global norms on cyberwarfare. Rationale: The US Department of Defence says the Pentagon suffers 10 million cyber-attacks per day, As Dr Mona Al-achkar Jabbour, Dean of the Faculty of Law at the Lebanese University notes that we are “absolutely reliant on informatics and telecommunications for almost every activity and service, it’s extremely dangerous to ignore the increasing number of threats to citizen lives, citizen activities, and governmental systems posed by cyber security.” Cyber space is an indispensable and interconnected part of today’s world, the maintenance of peace and security in this vital sphere needs broad multi regional and multi stakeholder cooperation. As Chatham House’s International Security Department has recommended “greater attention is needed on developing norms of behaviour in cyberspace”

29. Fragility, Violence and Conflict Endorsed by: Martina Larkin (formerly Fragile States and Conflict Prevention) Proposed mandate: Improve understanding and collaboration on the connection between conflict and environmental degradation; promote public-private dialogue and raise awareness of the risks of natural resources exploitation and climate change for conflict-affected nations. Rationale: As Louise Arbour, President and CEO, International Crisis Group has pointed out, the global consequences we all face from the growing number of fragile states are both immediate and real, even if they are largely overlooked. The weaknesses of these states often permit extremist groups to thrive within their borders. Beyond the threat of terrorism, fragile states can become breeding grounds for disease pandemics, create waves of regionally destabilizing mass migration, or offer safe havens for drug, arms, and even human traffickers. 30. Future of Regional Organisations (NEW) Endorsed by: Professor Klaus Schwab Proposed mandate: Provide a knowledge base for the Forum’s community of Regional Organizations, demonstrating how regional organizations can advance and shape the future of global governance. Rationale: In the aftermath of the global economic crisis, the lack of global cooperation on issues such as climate change and trade has created a governance vacuum that regional organizations are well-placed to fill. There are more than 50 major regional organizations worldwide, and in the absence of strong global co-operation they have been forging their own paths, creating alternative regional and inter-regional governance frameworks. The World Economic Forum’s Global Meeting of Regional Organizations in 2012 concluded that

Security and Governance

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stronger regional organizations could play a vital role in attaining broader results. “Regional organizations have an increasing responsibility to support global governance,” the meeting determined.

31. Geo-economics (formerly Geopolitical Risks) Endorsed by: Martina Larkin Proposed mandate: Advance understanding of geo-economics to improve management of risks for governments and business; address the economic motivations, frameworks, institutions and instruments increasingly being used for cross-border political and strategic purposes. Rationale: "The rise of high-growth markets and the continued transatlantic economic crisis is creating a heightened awareness of political risk; while political change is itself having wide ranging economic impact," said John Chipman, Director-General and Chief Executive, IISS Bahrain. For centuries, countries have used their financial strength to advance their strategic foreign policy objectives. Historically, institutions like the IMF arose to deal with complex economic and strategic issues arising from countries under financial stress and to avoid economic weakness translating into political disaster. However, with the increased relevance of new players, it is important to re-think how financial and political stability are intertwined. At present, there is no high-level independent exploration of these issues being undertaken. The World Economic Forum is uniquely able to bring together relevant individuals to explore these issues as an independent honest broker. 32. Global Governance (formerly Institutional Governance System) Endorsed by: Martina Larkin Proposed mandate: Improve the governance of multi-stakeholder partnership models (e.g. Every Woman Every Child, Sustainability for All) by developing case studies on the governance structures of leading global PPPs and proposing recommendations for improving accountability. Rationale: The role of public-private multistakeholder partnerships is increasingly recognized as an accelerator in achieving major global goals in the development and humanitarian spheres. As a result, public-private partnerships have mushroomed over the last decade, with varying degrees of success. They have now begun to evolve a new governance model that represents a major innovation in international affairs. According to Jens Martens of the Friedrich-Ebert-Stiftung, "the boom in multistakeholder partnerships is a sign of a crisis of purely intergovernmental diplomacy," in Multistakeholder Partnerships – Future Models of Multilateralism?. Multistakeholder partnerships may not be able sustain themselves and be accountable towards all their stakeholders if they do not address the question of pooled sovereignty between governments and dissimilar stakeholders and a common accountability towards the issue being addressed. 33. Human Rights Endorsed by: Martina Larkin Proposed mandate: Engage the supply chain sector to take up the responsibilities of respecting human rights in their operations and build a business case in collaboration with supply chain leaders to highlight the values and importance of including human rights as core to their sustainable practice. Rationale: As Hina Jinali wrote on The Elders website in December 2013, "despite the adoption of the Universal Declaration in 1948 and the development of international human rights law since then, human rights are still unrealised and violated across the world. Individuals are still imprisoned for dissenting opinions, voters are intimidated at the ballot box, and girls are prevented from going to school. Nearly seven decades since the Universal Declaration, basic human rights remain out of reach for far too many around the world." Businesses stand to play a critical role in strengthening human rights worldwide. Human rights challenges confront businesses in all sectors, including factory safety in the garment and retail sectors; privacy and free expression in the information and communication technology field; preventing child and forced labour on farms supplying food and beverage companies; and stemming the flow of conflict minerals in the electronics industry. Raising awareness of the opportunities and risks to businesses in the field of human rights can bring more actors to the table for collaboration.

34. Humanitarian Response (NEW) Endorsed by: Martina Larkin Proposed mandate: Significantly improve public-private cooperation in disaster response by incubating a global online disaster market platform to allow international organizations and aid agencies to tender for supplies and services from local and regional suppliers. The aim would be to significantly shrink the supply

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chain and deliver more supplies, more efficiently, to more people, and at lower cost than currently possible, as well as stimulate local economies. Rationale: There is a strong global push to improve and better coordinate the private sector response to disasters. In 2011-12, governmental humanitarian assistance shrank for the first time since 1997, according to Global Humanitarian Assistance, while international organizations and aid agencies have been criticized for their overheads, opaque spending and bureaucratic structures. During a private meeting in Davos, Valerie Amos, the UN Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator, endorsed a GAC idea of creating a global online disaster market, saying it is “exactly what the world needs right now.” Baroness Amos highlighted a recent UN experiment following Typhoon Haiyan in the Philippines in which the UN for the first time coordinated the activities of local companies selling goods and services in response to the disaster. Compared to traditional means, those efforts resulted in more supplies being delivered more efficiently to more people and at lower cost, as well as help stimulate local economies and incentivize local private sector to be involved in 'building back better' and building capacity on the ground for future disasters. The Forum is the ideal incubator of such a project, with ready and willing partners in international organizations, supply chain management, big data, online platform creation, and delivery services.

35. Justice (formerly Rule of Law) Endorsed by: Martina Larkin Proposed mandate: Improve the delivery of justice in a nation-based justice system, particularly in countries with weak rule of law and where rulers no longer rule. Identify emerging and innovative mechanisms, notably new technologies, and assist countries with weak legal systems to enhance the rule of law and deliver justice to its people. Rationale: The inability of institutions to uphold the law and deliver justice undermines the economy, respect for human rights, trust in public institutions, and social peace. In 2013, 24,691 reports of bribery were filed in India (Ipaidabribe.com). Each year, according to UNICEF, nearly two million children are exploited in the global commercial sex trade. 27 million men, women and children are held as slaves. (Kevin Bales, Disposable People). One in five women is a victim of rape or attempted rape in her lifetime, according to the United Nations Development Fund for Women. "The judiciary is one of the most important pillars of a state and its independence and integrity are the foundations for maintaining the rule of law. Only if all are equal before the law and receive a fair trial, can justice be done. A compromised justice system, one that is used for political purposes, seriously damages the rule of law and also diminishes a state’s ability to fight corruption." (Transparency International, 19 July 2013). 36. Nuclear Security Proposed/ Endorsed by: Martina Larkin (formerly Nuclear, Biological and Chemical Weapons) Proposed mandate: Support the 2016 USA Presidency of the IV Nuclear Security Summit by fostering public-private dialogue and cooperation on the issues surrounding nuclear security and non-proliferation. Rationale: "The amount of nuclear material in the world is enormous. If it falls into the hands of terrorists, the consequences could be disastrous. The international community must do everything in its power to prevent this." (Prime Minister Mark Rutte, current President of the III NSS 2014). In 2012 alone, the Nuclear Threat Initiative reported nine known incidents of diversion or theft of nuclear materials. "The existence of thousands of nuclear weapons and tons of materials worldwide continues to pose a serious global threat. Public -private cooperation to improve nuclear security and safety will make regimes stronger and more resilient over the long term." (Luc Oursel, CEO of AREVA, Nuclear Industry Summit 2012). 37. Risk and Resilience (formerly Catastrophic Risks) Endorsed by: Espen Barth Eide/ OCHA Proposed mandate: Foster collaboration between governmental, humanitarian, development and private sector actors to strengthen joint frameworks that empower communities to build their own resilience to cyclical natural disasters and better manage the risk of disasters Rationale: Businesses and societies are becoming increasingly complex and dependant; urbanisation is happening rapidly and in an uncontrolled manner; low lying coastlines are increasing exposed to flooding; unregulated development of new technologies; evolving resistance of bacteria to drugs and rapidly

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fluctuating geopolitical dynamics. Resilience measures are therefore urgently needed. “Collaborative multistakeholder action is required as businesses, governments, or civil society alone do not have both the tools and the authority to tackle systemic risks” (World Economic Forum Global Risk Report 2014). As Barak Obama wrote in his October 2013 Executive order, “the impacts of climate change – including an increase in prolonged periods of excessively high temperatures, more heavy downpours, an increase in wildfires, more severe droughts, permafrost thawing, ocean acidification, and sea-level rise – are already affecting communities, natural resources, ecosystems, economies, and public health across the Nation…Managing these risks requires deliberate preparation, close cooperation… to improve climate preparedness and resilience; help safeguard our economy, infrastructure, environment, and natural resources.” 38. Transparency & Anti-Corruption Endorsed by: Elaine Dezenski (formerly Anti-Corruption & Transparency) Proposed mandate: Support large-scale transformation in the anti-corruption and transparency arena through its work to identify and advance the core “levers of change” such as collective action, harmonizing legal framework and addressing emerging market challenges needed to design corruption out of the system at the global, regional and industry levels. Rationale: “Every dollar that a corrupt official or a corrupt business person puts in their pocket is a dollar stolen from a pregnant woman who needs health care; or from a girl or a boy who deserves an education; or from communities that need water, roads, and schools,” argued World Bank Group President Jim Yong Kim in a December 2013 speech. Corruption hinders economic development by distorting markets and damaging private sector integrity. The scale of the problem is staggering. According to The World Bank Institute, US$1 trillion is paid in bribes per year. Emerging markets face important challenges in transparency. Despite rapid economic growth, the BRICS were considered to have a serious corruption issue according to Transparency International’s 2013 Corruption Perceptions Index. The study also shows three-quarters of the emerging market companies need to take immediate action to raise their standards on transparency and become more publicly accountable.

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39. Ageing Endorsed by: Martina Larkin Proposed mandate: Capitalize on the economic opportunities presented by an ageing population by encouraging business and governments to adopt age-friendly practices. Rationale: Population ageing is unprecedented, without parallel in human history – the 21st century will witness even more rapid ageing than did the century just past, according to the UN Population Fund. In fact, according to the WHO, from 2000-2050 the proportion of the world’s population over 60 years will double from 11% to 22%, from 605 million to 2 billion. 40. Behaviour Endorsed by: Paul Smyke Proposed mandate: Increase awareness of behavioural insight approaches (ie nudging) among public sector actors to build tools for cost-effective impact across government policies, and help governments scale this approach. Rationale: Insights from behavioural economics and psychology can be applied to subtly change the processes, forms and language used by government, achieving outcomes that have significant public benefit and, at the same time, save money. This approach is sometimes called “nudge theory”. The approach is seen not only as a way to help people make better decisions, but also to help the government achieve more with less. “The goal is to improve the efficiency and effectiveness of government by using scientifically collected evidence to inform policy designs. What is the alternative? The only alternatives I know are hunches, tradition, and ideology (either left or right)," economist and academic Richard Thaler said. 41. Civic Participation (formerly Role of Civil Society) Endorsed by: Saadia Zahidi Proposed mandate: Understand the new role of virtually empowered citizens in creating social movements and develop new ways for governments, businesses and civil society to proactively collaborate with such movements for positive societal outcomes. Rationale: “Today, as we stand at the edge of a precipice, we see a growing ferment in the world. It is this alienation and disconnect between leaders and citizens that has led people to taking to the streets. Just as we are seeing a consensus about the importance of civil society, we are seeing developments that undermine the ability of citizens to come together and shape the world around them,” CIVCUS, State of Civil Society Report, 2013. Across the globe there are examples of civil society promoting the principles of inclusive growth, gender equality and human rights. In many countries, however, the community faces ever-tightening restrictions. Fostering civic participation will not only help ensure the representation of diverse voices in policy-making but also perform an essential watchdog function in the public sphere. Hence an enabling environment for civic participation promotes conditions to achieve a stable, transparent and sustainable society.

42. Education (formerly Education & Skills) Endorsed by: Martina Larkin Proposed mandate: Contribute to the Forum’s cross-cutting work on inclusive growth by developing a framework for comparing across countries the extent to which public policy and other relevant aspects of the enabling environment support broad access to quality basic education. Rationale: “Public-private partnerships could be an opportunity to improve quality and relevance of an education system or increase funding possibilities in order to allow the government to offer a better educational system. However many governments are ill prepared for the job of collaborating with private sector. PPP models are often poorly designed because of the lack of information on the subject.” – World Economic Forum/UNESCO, New Partnerships for EFA: Building on Experience. “According to recent calculations, approximately 75 million children are still not enrolled in school and an estimated 776 million adults (16% of the world’s population) have not yet had the opportunity to learn to read and write. Of those students enrolled in school, millions drop out or leave school without having gained the most basic literacy and numeracy skills.” – UNESCO Education For All Report 2012

Society and Human Development

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43. Future of Government Endorsed by: Carl Björkman Proposed mandate: Assist three pilot governments – the UAE, Rwanda and Sweden or Norway – struggling to deliver more with less and hampered by short-termism by helping them understand three potential dystopian scenarios for 2050 (a world of e1984, a world of gated communities, and a world of city-states) and provide them with tools to avoid these futures. Rationale: Familiarizing governments with the impact of technology on their activities and delivery of public services will ensure they are better prepared for the future. “The Council on the Future of Government, of which I am a part, has considered ways in which information technology can improve governance and reduce feelings of alienation among the governed. The most effective initiatives, the council observed, often arise from partnerships between government and the private sector, wrote Joseph Nye, former US assistant secretary of defence and chairman of the US National Intelligence Council. “Governance 3.0 will be a platform where people can provide feedback, much like YouTube,” said Professor Klaus Schwab in the Government Summit in Dubai, February, 2014. 44. Gender Parity (formerly Women’s Empowerment) Endorsed by: Saadia Zahidi Proposed mandate: Develop a public policy framework to address gender gaps. The framework will be piloted in new Task Force countries (with Korea and India aiming to launch in spring 2014), and improved to ensure replicability of the public-private collaboration model in other countries and contexts. Rationale: National policy frameworks play a key role in influencing the magnitude and scope of gender gaps. “There are things that countries have done to promote women in a big way because policymakers understood (the need) and implemented flexible time, good policy regulation for the labour market so that women could be welcomed in the labour markets,” argued Christine Lagarde at the Gender Growth Debate, Davos 2014. This view is corroborated by The Global Gender Gap Report 2013, which found that regional variations in the size and type of gender gaps correspond to different mechanisms established at country and regional level for addressing these specific gaps. Thus, the Council will turn its attention to the policy environment that fosters greater gender parity. The framework will be piloted in new Task Force countries, with Korea and India aiming to launch in spring 2014. These experiences will serve to improve the framework and ensure the model for public-private collaboration is replicable in other countries and contexts. 45. Mental Health (formerly Well-being & Mental Health) Endorsed by: Eva Jane-Llopis Proposed mandate: Bring mental illness to the global health and development agendas, de-stigmatize the current understanding of mental illness by engaging high profile individuals in a series of communication pieces (e.g. TEDx conference curated by the GAC, high-level events), and explore intellectual and business ventures with significant impact on management and treatment of mental illnesses while making the economic arguments for investing in mental health. Rationale: The "numbers (of people suffering from mental illnesses) alone do not measure the suffering, the isolation, the lost productivity, the brake on developing human potential, and the brake on development in general for countries." (Margaret Chan, World Health Organization, Address at the Mental Health Gap Action Programme Forum, Geneva, 2010). Mental health problems such as depression, burn out, substance use disorders, or dementia affect one fourth of the population during their lifetime. While this common phenomenon drains the economy through absenteeism, and health care costs, much stigma and taboo surround this group of illnesses, making the uptake of solutions, at business and government level, slow and difficult. 46. Population Dynamics (formerly Population Growth) Endorsed by: Robert Greenhill Proposed mandate: Address the cause of high maternal mortality rates and extreme poverty in regions of Africa, Pakistan and South East Asia by providing recommendations to key policymakers, opinion leaders and government officials on how to address these key challenges. Rationale: Ending extreme poverty by 2030 is possible. But with more than a billion people still living on less than a PPP$ 1.25 (a day), it is no time to be complacent. According to the World Bank, “an agreement on the post-2015 sustainable development agenda and the means to achieve it, especially financing, will surely put

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the world on a more sustainable path, by setting priorities and holding governments – and possibly businesses – accountable of their actions to address the many forms of extreme poverty,” (Measuring the Real Size of the World Economy, 2013). September 2015 is the deadline set by the United Nations Secretary-General for member states to agree on the post-2015 agenda. There are still many issues and tensions to be solved and the risk of failure remains high, despite progress in the past two years. A failure to agree would be seen as another mishap for international governance and significantly undermine development efforts in the decades to come. 47. Role of Faith Endorsed by: Saadia Zahidi Proposed mandate: Raise awareness of the unique added value of faith by identifying and developing the main pillars of an informational programme on how to leverage socio-cultural, cross-faith and religious engagement for conflict prevention and conflict transformation. This effort will be targeted to two sets of stakeholders: first, countries/ public authority (e.g.: countries experiencing recent phenomena of immigration; countries with internal conflicts and/or restrictions on freedom of beliefs/religion); second, international companies and professionals, particularly those working in emerging markets and conflict affected regions. Rationale: Faith is now at the centre of many of the flashpoints in policy debates about multiculturalism and integration. Today, the suite of policy responses at corporate and governmental level named ‘multiculturalism’ has been widened to allow more explicit attention to ‘faith’ as a factor meriting attention in its own right. However, many national governments still lack expert capacity to recur to religious engagement as a way to facilitate interchange and promote sustained relationships. Similarly, many global corporations operating in religiously and culturally different countries fail to provide their international professionals with the skill set and sensitivity required for interacting with religiously and culturally different stakeholders, thus calling for more awareness in the corporate sector on how to do business in multi-cultural and multi-faith societies. 48. Social Innovation Endorsed by: David Aikman Proposed mandate: Promote opportunities for companies to engage in bottom of the pyramid markets through inclusive business models that create financial and social value, the GAC will gather together companies who have entered the social sector using their knowledge to create an action framework for corporate CEOs exploring these markets. Rationale: There are growing societal challenges, especially income disparities, and there is an inability of the state and civil society to address them. Learning how to create shared value for stakeholders and communities is crucial for legitimizing business. As Nick O’Donohue writes in CSR 2.0: Unlocking Corporate Wealth to Solve Social Issues, “need is driven by better informed consumers who want to buy from companies whose values they respect, by a workforce particularly in the knowledge based industries, professional and financial services who want to feel proud of who they work for and by governments, particularly in emerging economies, who are increasingly demanding companies actively engage in helping them solve key social issues as a prerequisite to providing access to their rapidly growing markets."

49. Social Media Endorsed by: Diana El-Azar Proposed mandate: Convene industry leaders to present them with actionable research and recommendations that have been developed by social media experts, with the long-term aim of encouraging a better understanding, and ultimately use, of social media platforms. Rationale: "There’s evidence now that what people thought was undiluted peer-to-peer social media information is being altered by institutions with an interest in influencing how people think," says Jonathan Zittrain, of Harvard Law School. In a survey conducted by Forbes and Deloitte, executives listed social media as the fourth largest threat over the next three years, on the same level as financial risk, underlining the uncertainty accompanying social media. “Without knowing how social media affects consumer behaviour, companies [and governments] run the risk of aiming it at the wrong targets, wasting time and money on ineffective efforts, and generally failing to harness its potential,” (McKinsey Quarterly: Demystifying social media by Roxane Divol, David Edelman, and Hugo Sarrazin; April 2012).

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50. Values Endorsed by: Martina Larkin Proposed mandate: Address the problem of growing distrust of governments and corporate leaders by hosting a series of dialogues with business leaders and policy makers, and call for leaders to make values-based decisions that respect human dignity and the common good. Rationale: The UN Global Compact Report 2013 says that companies are making commitments, defining goals and setting policies at high rates, but still have much work to do to on the action steps. For example, 65% of respondent companies develop sustainability policies at the CEO level, but only 35% train managers to integrate sustainability into strategies and operations. Unilever CEO Paul Polman says economic development through responsible business is the best way to lift people out of poverty. “Though we have not always got it right, the private sector, making up three-quarters of the global economy, has a great deal to contribute to the development of the communities of which they are a part. (…)To solve the world’s biggest challenges will take more than acts of corporate social responsibility.” The Council will reinforce the corporate social responsibility as well as adding values to decision-making.

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Industry Agenda Councils

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Industry Agenda Councils 1. Future of Mining & Metals Endorsed: Alex Wong (formerly Responsible Mineral Resources Management) Proposed mandate: Provide thought-leadership to the World Economic Forum’s Mining and Metals Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 2. Future of Chemicals and Biotechnology (NEW) Endorsed by: Andrew Hagan Proposed mandate: Provide thought-leadership to the World Economic Forum’s Chemicals Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 3. Future of Real Estate and Urbanisation Endorsed by: Pedro Rodrigues Proposed Mandate: Provide thought-leadership to the World Economic Forum’s Infrastructure and Urbanisation Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 4. Future of Consumer Industries (NEW) Endorsed by: Sarita Nayyar Proposed mandate: Provide thought-leadership to the World Economic Forum’s Consumer Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future.

5. Future of Electricity (formerly New Energy Architecture) Endorsed by: Roberto Bocca Proposed mandate: Provide thought-leadership to the World Economic Forum’s Energy Utilities & Energy Technologies Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 6. Future of Oil & Gas (formerly Energy Security) Endorsed by: Roberto Bocca Proposed mandate: Provide thought-leadership to the World Economic Forum’s Oil and Gas Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future.

Basic and Infrastructure Industries

Consumer Industries

Energy Industries

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7. Future of Banking (NEW) Endorsed by: Giancarlo Bruno Proposed mandate: Provide thought-leadership to the World Economic Forum’s Banking Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 8. Future of Insurance & Asset Management Endorsed by: Giancarlo Bruno (formerly Social Security Systems) Proposed mandate: Provide thought-leadership to the World Economic Forum’s Insurance and Asset Management Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future.

9. Future of Investing (NEW) Endorsed by: Michael Drexler Proposed mandate: Provide thought-leadership to the World Economic Forum’s Private Investors Industry Community (Hedge Funds, Private Equity and Venture Capital), on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 10. Future of Financing and Capital Endorsed by: Giancarlo Bruno/ Michael Drexler Proposed mandate: Provide thought-leadership to the World Economic Forum’s Private Investors Industry Community (Hedge Funds, Private Equity and Venture Capital), on the transformations the industry is facing, by providing vision and strategic insights for the long-term future.

11. Future of Health Sector (NEW) Endorsed by: Eva Jané-Llopis Proposed mandate: Provide thought-leadership to the World Economic Forum’s Healthcare Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future.

12. Future of IT Hardware (NEW) Endorsed by: Alan Marcus Proposed mandate: Provide thought-leadership to the World Economic Forum’s Information and Communication Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 13. Future of IT Software and Services (NEW) Endorsed by: Alan Marcus Proposed mandate: Provide thought-leadership to the World Economic Forum’s Information and Communication Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future.

Investors Industries

Global Health and Healthcare

Financial Services Industries

Information and Communication Technologies Industries

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14. Future of Telecommunications (NEW) Endorsed by: Alan Marcus Proposed mandate: Provide thought-leadership to the World Economic Forum’s Information and Communication Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 15. Future of Media, Entertainment & Information Endorsed by: Diana El-Azar (formerly Future of Media) Proposed mandate: Provide thought-leadership to the World Economic Forum’s Media, Entertainment & Information Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 16. Future of Travel and Tourism Endorsed by: Théa Chiesa (formerly New Models of Travel and Tourism) Proposed mandate: Provide thought-leadership to the World Economic Forum’s Aviation, Travel and Tourism Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 17. Future of Logistics & Supply Chains Endorsed by: John Moavenzadeh (formerly Logistics and Supply Chain) Proposed mandate: Provide thought-leadership to the World Economic Forum’s Supply Chain and Transport Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 18. Future of Automotive Industries Endorsed by: John Moavenzadeh (formerly Personal Transportation Systems) Proposed mandate: Provide thought-leadership to the World Economic Forum’s Automotive Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 19. Future of Advanced Manufacturing Endorsed by: John Moavenzadeh (formerly Advanced Manufacturing) Proposed mandate: Provide thought-leadership to the World Economic Forum’s Mobility Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future.

Media, Entertainment and Information Industries

Mobility Industries

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Regional Councils

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Regional Councils 1. Africa Endorsed by: Elsie Kanza Proposed mandate: Provide thought-leadership on creating a public-private cooperation frameworks for fast-tracking economic transformation and inclusive growth in Africa. Rationale: To move towards sustainable growth and shared prosperity, Africa’s economies need to improve their public institutions and infrastructure, deepen regional integration and provide their citizens with quality education. By instituting the right legal, regulatory and economic frameworks, governments can lay the foundations for a business-friendly environment that allows firms to grow and regional integration to take place. More investments in science and innovation, as well as a focus on skills development and training, will give young Africans the skills they need to compete in the global economy. “There is little doubt that the challenges of inclusion, widening the production base, moving up the value chains and unlocking Africa’s internal market will require strategic and innovative partnerships that need to be forged between the State and the private sector.” (Dr Donald Kaberuka, President, African Development Bank Group: Towards a smart partnership for transformation, Posted by Business Action for Africa on September 18, 2013) 2. China Endorsed by: Olivier Schwab Proposed mandate: Explore current trends that will impact China’s economic development as well as the latest issues affecting China’s relations with the global economy. Rationale: As China continues to be a driving force in the global economy and international security, it is imperative that the global community better understands current developments within China, and for China to deepen its understanding of the world. As Yu Yongding, Director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences noted: “Indeed, for China’s new leadership, the successful completion of the Third Plenum is only the first step in a new long march toward a more stable, prosperous future.” The Council will provide an analysis of the country’s latest developments and reforms to ensure strong collaboration with the rest of the world. 3. Europe Endorsed by: Nicholas Davis Proposed mandate: Develop recommendations for policy changes to foster Europe’s growth and competitiveness in a changing global world. Rationale: If Europe does not make the leap into innovation frontiers and reinvent its growth machinery, it will lose its leading role in the macroeconomic sphere and find itself trailing behind the emerging global powers. Europe has demonstrated an outstanding capacity to grow in the past, by using its convergence machinery. It must do so again, while bearing in mind the challenges and opportunities brought along by the changing world. "The world’s centre of economic gravity has changed over past centuries. But since the mid-1980s, the pace of that shift—from the United States and Europe toward Asia— has been increasing dramatically. We expect this trend to continue, so executives and policy makers must be prepared to respond." (Source: Urban world: Cities and the rise of the consuming class, McKinsey global institute publication, June 2012.)

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4. India Endorsed by: Viraj Mehta Proposed mandate: Develop a new framework for inclusive growth in India through a three-pronged lens: 1). Bridging the skills-opportunity mismatch to improve jobs for all; 2). Further financial inclusion in India through scaling ICT solutions 3). Establishing proof of concept for a recently passed 2% CSR law. Rationale: Following a recently passed law in India obliging corporations to spend at least 2% of their profit on corporate social responsibility, there needs to be more focus on helping leaders in the fields of impact investing and social entrepreneurship to foster greater understanding of this opportunity, and empower policy-makers with the right policy tools to drive the change towards sustainable and inclusive growth in the country. The time is right to take action on financial inclusion, which is one of the dimensions of inclusive growth. The council will be critical in providing the framework based on public-private collaboration and guidance to the private sector in India. "Much as with cell phones where we created a frugal Indian model, we need a frugal, trustworthy, and effective Indian model for financial inclusion." (Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, December 11, 2013). 5. Japan Endorsed by: Akira Tsuchiya Proposed mandate: Provide support and thought-leadership to the economic development and the political trends of the nation. Collaborate with both Japan and international experts to support and provide counsel to help steer the future development of Japan. Rationale: “Japan must become a place where women shine” (President Shinzo Abe at Annual Meeting Davos 2013). Japan has the 3rd largest world economy in the world. Despite having the 3rd largest economy in the world, Japan is faced with numerous problems. “The biggest problems it faces – sinking economy, aging society, sinking birthrate, radiation, unpopular and seemingly powerless government – present an overwhelming challenge and possibly an existential threat.” (Source: Japan Today, 2013) 6. Korea Endorsed by: Sushant Palakurthi Rao Proposed mandate: Lay out future blueprints for the country on two fronts. One, by producing feasible policy recommendations on the Creative Economy agenda (with growing concerns over the country’s over-dependence on a number of large manufacturing-based conglomerate), the Council will be able to advise not only the Korean Government but also other countries which find themselves following similar economic growth models, on what would be best ways to further diversify the economy into more innovative small-scale enterprises) and the other by looking into the best ways to engage the DPRK in the international community as a respected member, hence reducing the geopolitical risk in the Korean Peninsula. Rationale: The United Nations Human Rights Council recently stated that the Democratic People’s Republic of Korea, its institutions and officials are committing “systematic, widespread and gross human rights violations”. These violations constitute crimes against humanity. The gravity, scale and nature of these violations reveal a State that does not have any parallel in the contemporary world. At the same time, the Park administration has made it made it a priority to foster innovation and new engines of economic growth that will drive Korea’s future prosperity. Success will require government, businesses, researchers and consumers to address fundamental challenges within Korea’s innovation ecosystem. The Council will play a key role in advising the DPRK in how to foster economic growth, while respecting human rights and protect its civilians. 7. Latin America Endorsed by: Marisol Argueta Proposed mandate: Develop policy actions framework for national or sub-national governments, based on the creative ideas offered by regional experts, as responses to the main factors behind persistent socioeconomic inequality in Latin America. Rationale: Reform agendas underway in a number of the region’s countries are helping accelerate shared prosperity by strengthening links between growth and equity and focusing on raising the living standards of the less well-off. The region now needs second-generation reforms that will reinforce the “virtuous cycle” of economic growth and equity to foster shared prosperity. With regional growth already showing signs of deceleration, there is an increased risk that Latin America as a whole stays well below OECD living standards. Creative, perhaps extraordinary, actions need to be at least proposed to be implemented. The

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Council can achieve a lot by raising awareness of this need while make a significant contribution by developing new ways to face this challenge. 8. Middle East and North Africa Endorsed by: Miroslav Dusek Proposed mandate: Provide advisory to Arab economies in transition to advance policies and actions for youth-oriented growth and employment. Rationale: The Arab world is experiencing a period of unprecedented change that will shape the future economic, social and governance systems of the region, at a time when long-standing relationships between developed and emerging economies are being redefined. The region possesses the key raw materials of success, including a youthful population eager to engage and contribute to the region’s economy, energy endowments and some of the fastest-growing economies globally. However, the youth unemployment rate in Arab countries is 28.3% – the highest regional rate in the world; young Arab women are particularly affected. Decision-makers urgently need to deliver employment opportunities and foster development. On the social front, the region is confronted with a rise in polarization, and societies are grappling with efforts to create and strengthen pluralistic institutions. 9. Russia Endorsed by: Anastassia Aubakirova Proposed mandate: Explore new sources of growth in Russia across industry and sector, to ensure economic stability and inclusive growth. Rationale: As Russia undergoes a major transformation in its push to diversify the economy and defeat the “resource curse” in economy, this multistakeholder Council will provide intellectual leadership by sharing proposals and recommendations on developing new sources of growth in the region. "Russia could achieve still greater success by basing its economy on two growth engines rather than one. Oil and gas will continue to provide a strong lift to Russia for years to come, especially as China becomes a major customer. Yet Russia also has vast and still under-developed potential in many global high-tech industries." (Jeffrey Sachs, From Moscow to Sochi, 17 February 2014, Project Syndicate) 10. Southeast Asia Endorsed by: Sushant Palakurthi Rao Proposed mandate: To support the implementation process of the ASEAN Economic Community in 2015 by providing advice and counsel to key leaders in the integration process. Rationale: Regional economic integration is a critical challenge for the ASEAN Economic Community, which needs to be resolved in order to boost growth and economic prosperity in the region. An ASEAN Economic Community (AEC) AEC aims at establishing a single market and production base; a highly competitive economic region, a region of equitable economic development, and a region fully integrated into the global economy. The council will use AEC momentum and opportunities to raise awareness and further understanding of the challenges for regional integration and the implications for a global economy. 11. United States Endorsed by: Paul Smyke Proposed mandate: Inform the debate around the US’s role in the world in the run up to the 2014/ 2016 elections, and provide thought-leadership in defining the optimal course in geopolitical, social and economic development of the country. Rationale: America adjusts to a period of dual ambivalence on the international stage in which there is both a desire and hesitancy for US global engagement in foreign policy, economic, and security issues. Americans are conflicted about the United States’ role in the world. On one hand, record numbers of Americans (80%) think the United States should mind its own business internationally and focus on problems at home. On the other hand, they want the United States to play a leading role in world affairs, and they see the benefits of greater involvement in the global economy, according to Pew Research.

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Meta - Councils

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Meta-Councils 1. Metacouncil on the Circular Economy Proposed mandate: Enable the Circular Economy - rethink and suggest redesign of policy ecosystems needed to allow systems-level change and widespread adoption of circular models - in developed, emerging and developing regions. Rationale: Every day we lose the equivalent of US$ 3-4 billion worth of materials that could be reused. Rare earth materials, such as indium, which is needed to produce smartphone touch screens, europium, used in light bulbs, and erbium, essential for fibre optics, are all due to be exhausted within 5-10 years. If we applied the circular economy, this would lead to at least US$ 1trillion in savings today and create 100,000 new jobs within five years. Leaders highlighted the many reasons the circular economy has not moved beyond only a few initiatives during the AM14. The biggest problem is an entrenched mainstream business mentality, locked into the idea of manufacture, use and dispose. Paul Polman, CEO Unilever argues: “the concept of a circular economy promises a way out. Here products do not quickly become waste, but are reused to extract their maximum value before safely and productively returning to the biosphere.”

2. Metacouncil on Global Solution Networks Proposed mandate: Improve understanding of these networks, how they become effective and achieve legitimacy and how corporations, governments and civil society can help them fulfil their potential. Rationale: “Global Solution Networks engage thousands of organizations and millions of people on a daily basis to improve global problem solving, cooperation and governance.” (Don Tapscott, SXSW Interactives Festival, 2013.) “The institutions and mechanisms responsible for global cooperation at the international level are having increasing difficulty solving global problems. Today’s challenges demand solutions that transcend the traditional boundaries of the nation-state –- solutions that include authentic citizen voices and new initiatives in social innovation that extend beyond communities and nations to the global stage.” (Joan Bigam, Managing Director, Martin Prosperity Institute.)

3. Emerging Technologies Proposed Mandate: Inform policy-makers and investment models around emerging technologies, by informing the public, and educating decision makers and business leaders on the promise and perils that the most important of these new technologies present. Rationale: Innovations fail if they cannot be marketed. Many industry observers simply assume that when something innovative is released that everyone will magically understand it right away. The truth is that even the simplest innovations need effective marketing if they are to be embraced by the mass market. Understanding the implications of new technologies are crucial both for the timely use of new and powerful tools and for their safe integration in our everyday lives.

4. Metacouncil on the Illicit Economy Proposed mandate: Explore the interconnections between the social, political and economic consequences of the rise of illicit trades and organized crime. Recommend key priorities for action to business and governmental leaders and provide a platform for a new public-private partnership to combat the illicit economy. Rationale: “Our aim must be to relieve citizens of the burden of crime, but also to lift them out of the conditions that enable crime to grow. That means addressing corruption, poverty and the lack of essential

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services.” (Ban Ki Moon, UN Security Council Special Session on Organized Crime, 18 December 2013.) “The cross-border flow of global proceeds from criminal activities, corruption and tax evasion is well over US$ 1 trillion, with illegal drugs and counterfeit goods each estimated to account for around 8% of world trade.” (UNODC, Annual Report on the implementation of the UN Convention on Transnational Organized Crime, 2012.) “In strategy, sophistication, global reach, the criminal organizations of the 20th century function like transnational corporations and make the gangs of the past look like mom-and-pop operations.” (Senator John Kerry, The New War: The Web of Crime that threatens National Security”, 1998.) 5. Metacouncil on Inclusive Growth Proposed Mandate: Explore the interconnections between the social, political and economic consequences of growing inequality worldwide. Develop a language of common understanding and recommend key priorities for action to business and governmental leaders to improve distribution of global wealth. Rationale: “There’s little doubt that globalization and technological innovation are the driving forces behind rising inequality. So for the stability of the system, government policy should mitigate the effects of this big change that technology and globalization is achieving and not exacerbate them.” (Ken Rogoff, January 2014). Over two-thirds of the world’s adults have wealth of less than US$10,000, while the wealthiest 0.7% hold 41% of the world’s wealth. (Credit Suisse Annual Global Wealth Report, October 2013). Historic data on the long-run global wealth dynamics shows that huge pools of wealth are passed across generations with basically no taxation, distorting income distribution in the long-run. Rising inequality leads to disturbing political and social consequences, threatening the democratic foundations of advanced economies and increase of the poverty gap in emerging markets. (Oxfam, January 2014) 6. Metacouncil on the Future of Health Endorsed by: Robert Greenhill Proposed Mandate: Convene leaders outside the traditional healthcare space to explore the levers for agenda shaping and policy development across sectors that will influence population’s health; identify arguments for the engagement of other sectors in implementation of policies with positive impact on health; identify a country/region where changes in leadership and their relationship to the health agenda could be proven Rationale: There is a lack of engagement and understanding of the intersectorality of health, new models for ownership of the health agenda and accountability for populations’ health both at policy development and implementation levels. Leadership for health spans across sectors; informed decisions, within government (e.g. moving forward with policy alignment), and within the industry ( e.g. taking a medium-long-term ROI perspective) have benefits across sectors. Whole-of-the society approaches need to be defined that move beyond traditional roles to enable collaboration across governments (national or local), businesses, civil society and academia.

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Discontinued

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Discontinued 1. Biodiversity & Natural Capital Proposed mandate: N/A Rationale: N/A

2. Biotechnology Proposed mandate: Harmonize duplicate platforms in the industry, create recommendations on how the different types of biotechnology can contribute to the optimal Nutrition System (linking to a new meta-council on Nutrition Systems), from production, to energy for transportation and the control of food effects on health. Rationale:

3. Complex Systems Proposed mandate: Develop recommendations on improving global governance using the learnings from the science of complexity: How would global governance systems work if we were to design them taking into account what complexity science teaches us about governing in a complex world? Rationale: The European Union Institute for Security Studies explains in its report Global Governance 2025: At a Critical Juncture that “as the 21st century advances, the growing number of issues on the international agenda, and their complexity, is outpacing the ability of international organizations and national governments to cope with global challenges.” Alicia Bárcena Ibarra, United Nations Executive Secretary of the Economic Commission for Latin America and the Caribbean, echoes this view by saying at the 2013 Summit on the Global Agenda that we need to think about an institutional architecture for complex systems. The Council will address these new challenges and provide analysis of this complexity. 4. Design& Innovation Proposed mandate: Act as a catalyst for growth by generating actionable insights on the value of design. Rationale: The challenge of spurring sustainable growth is accelerated by technology and made more complex through the interconnectedness of issues and people and the blurring lines between the digital and physical world. The practices, principles, and human-centred approach of design uniquely positions the field to help make sense of today's world, according to Tim Brown the CEO of IDEO. It is also said that one dollar invested in design leads to up to US$20 in net company turnover. As Ravi Sawhney, CEO of RKS, wrote: “Many in the public don’t yet comprehend how the design and development professions can help address cost mitigation and guide demand generation while offering disruptive innovations and incremental improvements. The profession is a powerful lever – currently underutilized – for economic growth and job creation.”

5. Digital Health Proposed mandate: N/A Rationale: N/A

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6. Fostering Entrepreneurship Proposed mandate: Collaboration between large corporations and entrepreneurs boosts market growth, dynamism, and innovation. The council will foster this collaboration by providing a scalable blueprint for how do so successfully. Rationale: Increased collaboration between entrepreneurs and big corporations would strengthen the global economy through the creation of jobs and more innovative solutions. The session “Collaborate to Innovate” held at the Annual Meeting 2014 in Davos on that topic demonstrated the great appetite for collaboration between corporations and entrepreneurs. The Council would spark innovation by facilitating such a collaboration and would initiate innovative partnerships.

7. Future of the Internet Proposed mandate: To convene the key actors within global internet governance, and to create the tools required to engage missing voices in this discussion, with particular emphasis on business and civil society. Rationale: “The rules of the internet decide its speed, safety, accessibility, flexibility and unity. They therefore matter not just to computer enthusiasts, but to everyone with a stake in the modern world.” (Economist, Dec. 2012.) There are at least 10 bodies responsible for some form of internet governance, yet there is no coordinating body amongst them. Following the World Conference on International Telecommunications in 2013, as well as the National Security Agency mass-surveillance revelations, the need for a clear framework for internet governance is more pressing than ever 8. Future of Universities Proposed mandate: To develop new global partnerships among institutions of higher learning in developed and emerging economies to cater to the booming demand for education in the developing world. Rationale: “The last decade has also seen a veritable explosion in numbers of programs and institutions that are operating internationally. Qatar, Singapore and the United Arab Emirates stand out as examples of countries that have boldly promoted internationalization as a matter of national policies: they have recruited prestigious foreign universities to establish local campuses, with the goal of expanding access for the local student population and serving as higher education "hubs" for their regions. But for the world's poorest countries and most resource-deprived institutions, the opportunities to engage internationally can be extremely limited.” – Trends in Higher Education, Tracking an Academic Revolution, UNESCO 9. Informed Societies Proposed mandate: N/A Rationale: N/A 10. Intellectual Property System Proposed mandate: Improve access to the benefits of IP for the those at the “bottom of the pyramid” by implementing a pro-bono IP support system in a number of developing countries; improving IP education in universities of developing countries; and helping countries that have inadequate IP systems in place further develop them so they enable innovation. Rationale: Science, technology, knowledge and creativity are critical to human progress. For the past 200 years, the global intellectual property (IP) system has encouraged creativity, ensured quality and rewarded invention. The global IP system is a long-term investment engine requiring long-term thinking to deliver long-term value. The Council has developed the Pro-Bono IP framework to raise the profile of the potential for the IP system to play a critical role in social and economic development around the world. Two countries have already signed the Council’s intellectual property agreement; the World Intellectual Property Organization has also agreed to be the clearing house for the project.

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11. International Monetary System Proposed mandate: Increase resilience of IMS and stability of global institutions by providing guidelines on reducing volatility of international capital flows. Rationale: With levels of trade, capital flows and reserve holdings at multiples higher than before the collapse of the Bretton Woods monetary management system, it is critical that the governance structure of the international monetary system be remediated. The Council will focus its research on one of the most important trends in macroeconomics – the interconnectedness of monetary and financial systems. Global national reserves have increased from US$2 trillion in 2000 to US$12 trillion in 2012, according to the IMF Global Economic Outlook database, 2013. This demonstrates that even minor market volatility can have huge effects on national monetary and financial policies. The Council will advance analysis on the policy and institutional framework for financial stability as important new determinants of the relative roles of currencies in the international monetary system. 12. Measuring Sustainability Proposed mandate: Develop, incubate and deliver an integrated open platform containing information and decision-support capabilities for geospatial risk and integrated resource management at multiple scales (local, regional, national, global) as a global public good. Rationale: “Accelerating greenhouse gas emissions, changes to our oceans and climate, declining biodiversity and ecosystem health, and sharp tensions between food, energy and climate security have brought a renewed focus to the need for practical tools and actions to achieve sustainable development” (Dr Deborah O'Connell CSIRO). High-profile challenges have driven home with sharp clarity that failure to achieve sustainability threatens all policy and business spheres, not merely the environment. Sustainability metrics must be jointly produced by experts, users, and systems designers, not in isolation. To embed metrics and decision-support capabilities in living, breathing processes we must nurture communities of practice that share this goal and span relevant perspectives. When this is done well, measurement processes engender new, effective waves of participation across broad segments of society. No system can manage its risks on its own; therefore sustainability metrics must be embedded in a broader networked ecosystem that permits transparent visualisation of the interlinked risks and supports intelligent decision making and joint management. 13. New Economic Thinking Proposed mandate: N/A Rationale: N/A

14. New Models of Leadership Proposed mandate: Design a new paradigm of leadership for the 21st century. What are the new practices and principles that can help shift leaders from being exclusive to inclusive, profit-driven to purpose driven, short-term to long-term and telling to listening? Rationale: As Mike Myatt writes in Forbes (July 2013), “leading in the 21st Century affords no safe haven for 20th Century thinkers. Old, static, institutionalized thinking will gate the pace of forward progress faster than just about anything. If you want to expose yourself as an out-of-touch, dated leader, keep trying to address today’s issues and opportunities with yesterday’s thinking.” Putting thought leaders, deeper thinkers or experts in a room with other leaders and decision-makers does not necessarily lead to new patterns of thought and action. “We live in a time of massive institutional failure, collectively creating results that nobody wants: climate change, AIDS, hunger, poverty, violence and terrorism; the destruction of communities, of nature, life, the foundations of our social, economic, ecological, and spiritual well-being. This time calls for a new consciousness and a new collective-leadership capacity to meet challenges in a more conscious, intentional, and strategic way”, Otto Scharmer, MIT, Chair of the Council.

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15. Role of Business Proposed mandate: N/A Rationale: N/A

16. Role of the Arts in Society Proposed mandate: Demonstrate the power of the arts for social and economic development through issue-driven collaborations where the arts can add significant value to the understanding of specific issues, in order to create the visibility and advocacy needed for leaders to take action. Rationale: “Increasingly, there is recognition that artists are inherently problem solvers and could be useful in all conversations about how to address the world's complex challenges”, Carol Becker, recently wrote in the Huffington Post. Meanwhile, attempts to tackle some of the world’s challenges are almost at a halt. A shift of perspective is needed to move these issues forward, and the arts council can offer just that. The arts exert a powerful influence on societal development. Artists often challenge commonly held perspectives with out-of-the-box thinking. They raise awareness about social issues, break down barriers to cross-cultural understanding and global dialogue, and inspire creative thinking, thus improving our decision-making and enabling us to find better solutions. Creative industries are also a source of growth in the EU, accounting for 3.3% of total EU GDP and 3% of employment, according to the European Competitiveness Report, 2010. 17. Sustainable Consumption (Suggested as Sustainable Lifestyles) Proposed mandate: Investigate and document how sustainable lifestyles could be triggered and sustained in two specific areas: water usage and collaborative consumption with the objective of creating a mass movement of consumers committed to sustainable lifestyles. Rationale: The world is at a tipping point: If our consumption patterns outstrip available resources then that will have significant negative impacts on our planet, whether it is higher temperatures, severe weather, or unprecedented pollution - catastrophic tipping points which could suddenly be reached from where there is no return. - Seventy million people are expected to join the global middle class every year between now and 2013. ..Without a more sustainable style of consumption, meeting the demands for goods and services - and the collective expectations and aspirations that go with them - will become increasingly difficult, with increasingly severe consequences as mentioned above. (Extracted from Sustainable Consumption, Stakeholder Perspectives, World Economic Forum publication, 2013) 18. Terrorism Proposed Mandate: Enhance understanding of global threats and improve our ability to prevent terrorist attacks from occurring, the Council will advise the reviews of the UN Counterterrorism Strategy, the African Union Counterterrorism strategy, and other relevant bodies on a new post- “post 9-11” paradigm for counterterrorism which emphasizes the changing nature of terrorism and proposes renewed emphasis on interventions in human security and prevention. Rationale: Terrorism as a security phenomenon has evolved since the attacks of 9/11. Today, almost 60% of attacks and fatalities occur in the developing world, and are authored by newcomers or fragmented groups. The lines between terrorists, armed groups and criminal operations have grown increasingly blurred in places like West Africa, the Sahel or Central America. Research has shown that poverty and civil war, more than other levers, are the main drivers of terrorist groups. Counterterrorism policies and military interventions must work hand-in-hand with development initiatives to fully address the new challenge of terrorism. 19. Ukraine Endorsed by: Anastassia Aubakirova Proposed Mandate: To make a credible and constructive contribution to forward-looking economic/ competitiveness policy discussions and serve as a consultative body for the Forum’s regional projects and initiatives. Rationale: Ukraine is a country in a deep political crisis and on a verge of an economic collapse; as such it is in a desperate need of a neutral mediator between key stakeholders be they foreign or domestic; government or business; civil society or academia.

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Other Proposals

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Other proposals 1. Antibiotic-resistant Bacteria Proposed/ Endorsed by: GAC Team Proposed mandate: Develop a funding model for the development of new antibiotics by facilitating strong international and multi-stakeholder collaboration. Rationale: New antibiotic resistance mechanisms have emerged, making the latest generation of antibiotics virtually ineffective. The drug development pipeline for new antibiotics is drying up. “A post-antibiotic era means, in effect, an end to modern medicine as we know it. Things as common as strep throat or a child’s scratched knee could once again kill.” (Chan, M. “Antimicrobial Resistance in the European Union and the World”, World Health Organization). Figures from only a few years ago reveal 100,000 Americans, 80,000 Chinese and 25,000 Europeans a year die from hospital-acquired, antibiotic-resistant infections. Experts believe these figures may already be worse today (World Economic Forum Global Risk Report 2013). 2. Big Data Proposed/ Endorsed by: GAC Team Proposed Mandate: Promote user consent, transparency and maximise the benefits of big data by creating a personal data use compact, a set of standards to which companies and governments can join. Rationale: Over the next 24 months, the planet will gain more computing power than it has gained throughout history to date, and over the next 24 years, that increase will be 1,000-fold. The volume of personal data that this brings about is enormous. Big Data could deliver breakthroughs: better health care, a cleaner environment, safer cities, and more effective marketing. Personal data was described as the “New Oil" of the 21st Century at the World Economic Forum in 2011. Yet privacy advocates fear that the same advances in data usage that promise benefits could also lead to prosecutorial abuse, racial or other profiling, discrimination, red-lining, over-criminalization, and other restrictions on freedom. Those who store, process or profit from big data need to strike an explicit or, at least, tacit bargain with the public at large if they are to have public consent for data use. Legal norms that guide a personal data ecosystem will need to balance data security and privacy concerns while enabling data to flow and fuel innovation. 3. BRICS Proposed/ Endorsed by: Akanksha Kathri Proposed mandate: Explore the role of BRICS in the present world and come up with a governance framework for this group to be an alternative force to G8. Rationale: Without the BRIC markets, global growth would be less than 4%, the Financial Times reports, and the BRICS are undoubtedly still experiencing solid economic growth, despite the impact of the global downturn. The question, however, is not whether this grouping is still the most attractive investment portfolio, but what these countries can bring to the table when it comes to political, economic and global governance. Can the BRICs, as a group, make emerging economies count in international negotiations on financial regulation, trade and climate issues? G8 has often alienated the emerging markets and G20 is too big a group to have a real impact. A BRICS council is the only way to have a conversation outside the formalised system and benefit from a new power group.

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4. Caring Economy Proposed/ Endorsed by: Michael Drexler Proposed mandate: Explore what financial markets and businesses can learn from the emerging fields of behaviourism economics, compassion, mindfulness and neuroscience with the goal of creating more inclusive societies, robust economies and fulfilled individuals. Rationale: While short-termism and speculation has fuelled volatility in financial markets, the idea of conscious consumption has also gained acceptance. Consumers have started to realize that materialism can deliver instant gratification but that it is often, ultimately, unfulfilling. American author Jack Kornfield suggests that the world's current problems were, fundamentally, a spiritual crisis, created by the limited vision of human beings - a loss of a sense of connection to one another, a loss of community and, most deeply, a loss of connection to our spiritual values. It is evident that many of modern society’s current problems do have at their root issues that great minds have been exploring for centuries. So, what can modern markets learn from ancient wisdom that might help create more balanced lifestyles, inclusive societies and stable markets? 5. Diversity & Inclusion Proposed/ Endorsed by: Wessel Van Kampen/ Martina Larkin Proposed mandate: Improve diversity and inclusion at senior leadership levels in business, government and broader society, including gender, sexual orientation/identity, ethnicity, physical/mental capabilities, religion and cultural background. Rationale: The author Stephen Frost, head of Diversity and Inclusion for the London 2012 Olympic and Paralympic Games, summed up the need for progress in this field in his book The Inclusion Imperative. “Real inclusion creates better business and builds better societies,” he said.

6. Emerging Markets Proposed/ Endorsed by: Alan Marcus/ Danil Kerimi/ Liana Melchenko Proposed mandate: Look into the most pressing issues in the emerging and frontier markets with a specific focus on developing sustainability strategies in policy and business. Rationale: About 84% of the world’s population lives in emerging and frontier markets, and this percentage is growing as the developed world’s population continues to age. Emerging markets contribute three quarters of growth in global GDP, and by 2025, more than 130 new cities will emerge as centres of global economic growth – all of them in emerging or frontier markets, The Economist reports. However, the volatility in capital flows to emerging markets is likely to continue. Emerging markets that respond to this volatility by making sound policy choices and focusing on improving fundamentals will be rewarded. 7. Eurasia Proposed Mandate: N/A Rationale: N/A

8. Final Resource Frontiers - Sea, Space and the Arctic Proposed/ Endorsed by: GAC Team Proposed mandate: Sustainably manage our resource needs while protecting global commons by creating an international framework to govern and regulate resource exploitation. Rationale: The world’s growing population, the decrease in land resources, rising energy and resource prices, as well as technological advancement are all driving the exploration of our final frontiers: the deep sea, Antarctica, the Arctic and space. “To date, there are virtually no protections in place for this vast, remote, and poorly understood biome. As governments continue to favour commercial development over environmental sustainability, the deep sea biome is being degraded even before we know much about it,” (Richard Steiner, Huffington Post, 2013). Experts estimate that more than 20% of the world’s oil and gas reserves are in the Arctic, for example, which they predict may cause geopolitical and environmental consequences. Investment in space exploration in 2013 was US$17.8 billion dollars, compared to the US$5 billion dollars that goes toward oceanic exploration.

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9. Future of Democracy Proposed/ Endorsed by: Serena Pozza Proposed mandate: Assess the (in)efficiencies of democratic systems and create general recommendations that countries could take on board to improve their governance system. Rationale: Recent events in some of the world’s most influential democracies have called into question what the values and deficiencies of democracy are in the modern world. From the controversy over the collection of personal data in the US, to referendum on immigration in Switzerland and the appointment of a third unelected Italian Prime Minister in just over two years, it is becoming clear that democratic systems are not all perfect. At the same time, rising economic powers such as China or Singapore encourage some to question the value of the democratic model from an economic standpoint. Can non-democratic governance be more efficient than a democracy, given their ability to make faster decisions and set in motion longer-term plans? 10. Future of Markets/ Capitalism Suggested by: Akira Tsuchiya / Mihoko Kashiwakura Proposed Mandate: Find a new model of sustainable market capitalism and provide a concrete proposal to key global economic/financial authorities as well as major economies (and possibly also to GIG) to reconsider current unsustainable societal mechanism, envisioning to make an impact like the way ‘the Limits to Growth’ by the Club of Rome, made in 1970s. Rationale: The financial crisis and shifts in demographics and hegemony together indicate that the contemporary system of society is no longer sustainable. An energy shortage, population growth, and the fragility of market mechanisms in a networked global financial system are all key concerns. While the schism between capitalism and communism no longer exists, a new, more sustainable model of market capitalism has not yet emerged. The world will face societal deadlock within the next 30 years or so, unless drastic structural transformations are made. 11. Future of Mass-displaced Persons Proposed/ Endorsed by: GAC Team Proposed mandate: Increase preparedness and focus resources in vulnerable areas, identify the populations most at risk of forced migration and their predicted movement patterns. Rationale: By 2050 there could be up to 200 million climate migrants. In 2012, an estimated 7.6 million people were newly displaced due to conflict or persecution, including 1.1 million new refugees. Another 6.5 million people were newly displaced within the borders of their countries. “These truly are alarming numbers. They reflect individual suffering on a huge scale and they reflect the difficulties of the international community in preventing conflicts and promoting timely solutions for them.” (António Guterres, UN High Commissioner for Refugees). The work of the council will focus on increasing global preparedness for mass displaced persons, improving distribution of aid and resources. 12. Future of Money Proposed/ Endorsed by: GAC Team Proposed mandate: Pave the way for a sustainable adoption of crypto-currencies, addressing issues such as reducing volatility and inclusion in the mainstream financial sector. Rationale: Bitcoin is the beginning, it is a proof of concept; other crypto-, non-state currencies will emerge, presenting challenges to a centuries old monopoly. Bitcoin also provides a new direction for fiat currencies, with security benefits, and with the digital age inherent in its design. Bitcoin is to currencies as Napster was to music. The underlying concept is an attractive one – a cryptographically secure and anonymous currency that doesn't take a cut from transactions, and which remains independent of any single, central authority. (Wired, 2013).But the crypto-currency is also highly volatile. After the Chinese government declared Bitcoin illegal in February, 2014 it lost US$ 300 or 30%, of its value overnight. (Wall Street Journal, 2014). Bitcoin may not last, but crypto-currency is here to stay – it's only a matter of time before a government replaces paper with more traceable, secure digital money. (Molly Wood, Deputy Technology Editor, The New York Times, 2012).

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13. Future of Philanthropy Proposed/ Endorsed by: Terri Toyota/ Rick Samans Proposed mandate: Create a blueprint for the next generation of philanthropy that spearheads strategic alliances between business, government and regional partners in order to more responsively tackle future global challenges and risks. Rationale: Today’s new philanthropists are more sophisticated, more diverse and younger than their predecessors. Of the five biggest philanthropic gestures of 2012, three came from couples under the age of 40. The Internet’s tech giants in particular are seeking a fresh, future-oriented blueprint for their philanthropic giving that is flexible, innovative and delivers results for those in need. “There is growing pressure on philanthropists to be more innovative, creative, impactful and transparent,” says Clare Woodcraft-Scott, CEO of the Emirates Foundation. Governments and private sector alike are increasingly looking to the philanthropic community to chart new paths of innovation to tackle global risks and challenges. We are now seeing the emergence of a blended approach, which combines non-profit methodologies with a business orientation. Foundations are seeking new models to overcome their structural shortfalls and are in urgent need of an operational blueprint that can ensure agility for the future. 14. Future of the State Proposed/ Endorsed by: Isabel de Sola Proposed mandate: Explore the implications of the erosion of the state and the increasing role of non-state actors in providing public goods. The Council’s agenda will advance best practices for delivery of government services, specific roles that non-state actors can perform without jeopardizing the state’s role, and initiatives to improve governance of such groups. Rationale: “As global problems metastasize into a thousand local emergencies, large parts of countries could go ungoverned—or become ungovernable.” - Ian Bremmer. Between May and November 2011, the proportion of ships carrying private armed guards near Somalia reportedly increased from 10% to as high as 25%.This challenges the long-established role of governments of guaranteeing security at sea. The erosion of a wide range of state-provided services risks the erosion of government legitimacy in those countries. If people do not rely on the government for service provision, they may feel no obligation to pay its taxes or follow its laws. 15. Future of Warfare Proposed/ Endorsed by: Espen Barth Eide Proposed mandate: Contribute to enhancing global security by deepening understanding and advising of the implications of emerging trends in warfare, such as biological weapons, drone warfare, and the fragmentation of Al-Qaeda. Rationale: Recent scientific and technical progress has given rise to unprecedented methods of warfare. Certain features of these new technologies raise issues that make the legality of an attack more difficult to ascertain, and the attribution of responsibility more complex. (ICRC, International Review of the Red Cross, New Technologies and Warfare, 2012). According to the National Consortium for the Study of Terrorism and Responses to Terrorism (START), the very nature of terrorism and its perpetrators are in flux, as indicated by a shift from traditional targets to emerging country targets. In 2012, Pakistan, Iraq and Afghanistan suffered 54% of all attacks worldwide and fatalities 58% of all fatalities. “Without a clear vision of what future threats are, however, bureaucratic inertia and existing programs of record will carry the day, leading to greater insecurity.” (Paul Scharre and Shawn Brimley, War on the Rocks). 16. Geoengineering Endorsed/ proposed by: GAC Team Proposed mandate: Establish governance structures so that small-scale field studies of geoengineering technology can move forward. Create a set of standards for oversight, in part to limit rogue projects by individuals or countries acting unilaterally. Rationale: In response to growing concerns about climate change, scientists are exploring ways in which they could, with international agreement, manipulate the Earth’s climate. Recent studies suggest that a small fleet of aircraft could inject a million tonnes of sulphur compounds into the stratosphere – enough to offset roughly half of the global warming experienced to date – for US$ 1 billion – US$ 2 billion annually. Most of the science to date has been conducted via computer modelling; but now scientists are looking for ways to test these ideas with local experiments. This leaves a gap for unregulated experimentation.

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17. Global Tax Regime Proposed/ Endorsed by: GAC Team Proposed mandate: Tackle tax avoidance by drafting recommendations on how to create a global regulatory structure. Rationale: Global tax revenue lost to tax havens is between US$190 billion and US$ 255 billion per year. (Tax Justice Network, 2012). The result is that states suffer loss of revenue, many businesses are put at a competitive disadvantage to counterparts that engage in aggressive tax planning and tax avoidance schemes, and honest citizens carry a heavier burden, both in terms of tax hikes and spending cuts. “Lower taxes are only sustainable if what is owed is actually paid – and if the rules to achieve this are set and enforced fairly to create a level playing field right across the world. There is no point in dealing with tax evasion in one country if the problem is simply displaced to another.” (David Cameron, British Prime Minister, 2013). Tighter regulatory control can change the tax revenue landscape and close off tax avoidance opportunities. 18. Hyperconnectivity (Metacouncil) Proposed mandate: Explore the interconnections between the social, political and economic consequences of digital technology on our world. Develop a language of common understanding and recommend key priorities for action at the global level. Rationale: “Hyperconnectivity is allowing new types of interactions between actors or nodes in our society and economy, demanding a renewed examination of roles and responsibilities.” (Risk and Responsibility in a Hyperconnected World, World Economic Forum, 2013.) By 2050 there will be 50 billion networked devices. “Being always connected is the new normal. Such a level of interconnectedness presents unique and substantial risks, but also opportunities. As new business models develop and non-traditional sectors are integrated into the hyperconnected world, the question of responsibility and ownership becomes critical for the viability and stability of the entire digital ecosystem. Building a common understanding of rights and responsibilities therefore becomes essential.” (Hamadoun Touré, SG ITU.) 19. Illegal Wildlife Trade Proposed/ Endorsed by: GAC Team Proposed mandate: To end wildlife trafficking through incubating a public-private platform for collaboration to mobilize stakeholders from the public and private sector, civil society, centres of academic expertise and financing institutions to engage in fact-based, analytical approaches and coalition building initiatives that help governments to catalyse action. Rationale: “Poaching of endangered species to feed the illicit global trade of wildlife – estimated to be worth between $8 and $10 billion per year.” (Chatham House, February 2014). William Hague declared at the opening of the Illegal Wildlife Trade Conference in London last week: “It is no exaggeration to say that we are facing an unprecedented crisis: tens of thousands of elephants were killed last year; over a thousand rhinos lost their lives to poaching and trafficking; and tigers and many other species are under ever greater threat. But this is not just an environmental crisis. This is now a global criminal industry, ranked alongside drugs, arms and people trafficking.” African governments have agreed to increase park patrols and create anti-poaching police units in the regions where elephants roam. Anti-poaching laws have also been strengthened. However, the measures have so far been underfunded. Making them effective would cost an estimated US$ 300 million over ten years. Much of this money, it is hoped, will come from donor countries outside the continent. 20. Individual Empowerment and Behaviour Change Proposed/ Endorsed by: Eva Jané-Llopis Proposed mandate: Identify what works in supporting the individual to make choices good for their health, building on behavioural sciences, behaviour economics and other behaviours insights. Rationale: According to a study by the National Community Pharmacists’ Association, three out of every four Americans don’t take their drugs as directed. Forty-nine per cent of people forget to take them; 31% don’t fill their prescriptions and 29% stop taking their pills before the drugs run out.

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This costs the country US$ 290 billion per year – over 11% of the US$2.5 trillion health care bill. (Harvard Business Review Blog, by John Sviokla, Bret Schroeder and Tom Weakland). Behavioural science aimed at healthier lifestyles is becoming a crowded space, but there have been no real breakthroughs generated, particularly in enabling long-term behavioural change and in translating the science into actionable policy measures. There is an increasing need to address this area in the context of rising health costs and a growing reliance on a faulty health system. 21. Knowledge Economy Proposed/ Endorsed by: PWC Proposed mandate: Identify critical drivers for building knowledge-based economies around the world, and promote national strategies based on successful examples from knowledge-driven economies. Rationale: Intellectual Capital is a one of the key drivers for any country’s competitiveness, and has a huge impact on GDP formation. The Council on Knowledge Economy will focus on identifying and analysing critical drivers of National Intellectual Capital, and develop indicators for measuring intellectual capital’s impact on economic growth. This work will help develop national strategies for improving and investing in National Intellectual Capital, propose impact programs based on public-private partnerships, and promote policy changes for strengthening country’s intellectual capital. 22. New Perspectives on Drugs Policy Proposed/ Endorsed by: GAC Team Proposed mandate: Shape the future of a global drugs policy on a multidisciplinary level through the lens of human rights, economics, business, security and health. Rationale: In the past five years almost 50,000 have died in drug-related violence in Mexico alone. (Chatham House, October 2011). The US currently spends more than US$ 51 billion annually on the war on drugs. The London School of Economics IDEAS report (October 2012) called for an “independent root and branch review of the approach to, and apparatus governing, international drug control needs to be conducted with a view to long-term structural reforms." Previously, assessments of drugs policies have been undertaken within the United Nations system. A multistakeholder group could find a new way to approach a global drug policy 23. North America Proposed Mandate: N/A Rationale: N/A 24. Northeast Asia Proposed Mandate: N/A Rationale: N/A 25. Non-Communicable Diseases Proposed/ Endorsed by: GAC Team Proposed mandate: Reduce the rate of deaths from NCDs by identifying optimal models of relevant public-private-NGO collaboration. Rationale: Over the next 20 years, NCDs will cost the world more than US$ 30 trillion, representing 48% of global GDP in 2010. (World Economic Forum, September 2011). "As emerging economies and companies take a more influential role in [NCDs], new approaches are needed to help the agenda adapt [...] The World Health Organization (possibly together with others such as the [...] World Economic Forum), should establish a commission on the global financial and commercial environment as it relates to health." (Ilona Kickbusch, Director of the Geneva Graduate School Global Health Programme, Chatham House Expert Comment, January 2014). This GAC would add a cross-disciplinary approach to the work of the Forum’s healthy living initiative.

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26. Nutrition System for Health Proposed/ Endorsed by: Andrew Hagan Proposed mandate: Change the business models of the agriculture, chemicals and health industries by drafting actionable recommendations to decision-makers, after exploring holistically the nutrition system, Rationale: One billion people currently suffer from under-nutrition; another billion suffer from nutritional imbalance. Recent scientific evidence suggests that good nutrition is necessary for sound cognitive functioning and well-being, thereby contributing to the cognitive capacity of a society and, eventually, to economic productivity. One in four people suffer mental health problems, with 75% starting by the age of 24. Early intervention is essential for successful treatment, so therefore prompt identification is vital. 27. Purpose-Driven Business Proposed/ Endorsed by: Robert Greenhill Proposed mandate: Develop a set of policy recommendations for enabling environment for new models in business, to bring about the transformation of profit-driven businesses into “purpose-driven” corporations. Rationale: According to Edelman Trust Barometer data released in January 2014, 84% of respondents think that business can pursue its self-interest while doing good work for society. At the same, the level of trust in leadership of business stands at 16%, which is 2% lower than in 2013. The fundamental role of business has remained constant, focusing on providing goods and services for society. However, what has changed dramatically are the expectations placed on firms in addressing social, economic and environmental challenges. “Beware the scourge of short-termism,” warned Mark Wiseman at AM14. “In the short term, business does not create long-term value for either shareholders or society. In a recent McKinsey survey, 63% of CEOs interviewed said the pressure to prove short-term performance has increased; 46% said the pressure was coming from their own boards…Both (boards and investors) need to determine a long-term risk appetite.” What are the sustainable business models of the future? How can we scale the stakeholder model of the corporation? The GAC on Purpose-Driven Corporations is well-placed to drive new thinking on how business can transform economic and financial systems.

28. Rise of the Global Middle Class Proposed/ Endorsed by: GAC Team Proposed mandate: Improve the societal and political resilience of developing countries, by proposing recommendations on how to pre-empt the needs of growing national middle-classes. Rationale: The rapid global rise of the middle class during the previous decade has not only presented opportunities but also significant challenges, as we have recently seen with the fierce societal tensions in different regions of the world. The unmet needs of this new, educated and demanding part of the population is a challenge for political and economic systems. “The protesters in these middle-class revolts tend to be political orphans, leaderless, party-less, not particularly ideological. To reach a new equilibrium, either the rising class must get organized, or the ruling class must get the message, or, ideally, both.” (Bill Keller, New York Times, 2013).

29. Science of Delivery Proposed/ Endorsed by: Rick Samans Proposed mandate: Catalyse an inclusive delivery approach to development policy, partnership and financing that considers the significant shifts in the global landscape (e.g. technology, national ownership, foreign investment, demographics) and promotes innovation, learning and exploration at the heart of its design. Rationale: It is commonly recognized that although substantial progress has been made towards achieving the current Millennium Development Goals, much of it has been uneven and unfair. An estimated 1.3 billion people still survive each day on less than the price of a daily newspaper. This has led World Bank Group President Jim Yong Kim to use the term “science of delivery” to refer to using evidence-based experimentation to improve poor health, education, water, and basic service outcomes in the developing world, particularly for the most vulnerable. The concept of ‘science of delivery’ underscores the importance of a data-driven and rigorous process to understand what works, under what conditions, why, and how. As US Agency for International Development Administrator Rajiv Shah said in January, development is a discipline, not simply a good deed. “It requires strategic planning, evidence-based approaches and robust monitoring and evaluation to create a foundation for success …most importantly, it requires us to move from a traditional model of top-down development to a new model that engages talent and innovation everywhere.”

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30. Small Arms Proposed/ Endorsed by: GAC Team Proposed mandate: Improve systems and methods for tracking the sale and movement of small arms and to prevent future conflict deaths. Rationale: Small arms are the largest cause of casualties in intra-state conflicts. According to an International Committee of the Red Cross report in 2011, small arms were responsible for 90% of all recent war casualties. One way of tackling their widespread use would be an international consensus on monitoring small arms, and the deployment of new models for tracking the provenance of weapons. " Although many weapons are marked upon production and import, international cooperation in marking and tracing of small arms is in its infancy." (United Nations Office for Disarmament Affairs). “The absence of a global regulatory framework resulted in at least US$ 2.2 billion worth of arms and ammunition being imported by countries under arms embargoes between 2000 and 2010.” (Mridulya Narasimhan, March 2013).

31. Social Acceptance for Energy Infrastructure Proposed/ Endorsed by: Nicholas Davis Proposed mandate: Identify (transferable) best practices and develop a global tool-kit for multi-stakeholder dialogue and early involvement of the concerned public in energy infrastructure planning. Provide for more transparency, and a better explanation of overarching policy goals in order to reduce mutual misunderstandings and energy security risks. Rationale: Energy security will be threatened if the modernization of energy infrastructure or the construction of new power plants and the exploration of energy sources becomes impossible or significantly delayed. “If we don't get the (electricity) grids 'right', we won't be able to meet ambitious climate targets such as staying below 2 degree requiring a zero-emitting Europe by mid-century." (Dr. Stephan Singer, Director Global Energy Policy WWF. The EU 2020 targets might not be met (Roland Berger study 2011); the energy supply of whole cities is threatened (Hamburg in winter of 2012); 45% of power plant projects in India are halted (source: Wikipedia). In other parts of the world, economic productivity is already significantly reduced by the lack of energy supply. And the transition towards renewable energy in Europe is being questioned. 32. South Asia Proposed Mandate: N/A Rationale: N/A 33. Southeast Asia & Pacific Proposed Mandate: N/A Rationale: N/A 34. South Caucasus & Central Asia Proposed Mandate: N/A Rationale: N/A 35. Supporting Communities through Telecommunications Proposed/ Endorsed by: OCHA Proposed mandate: Develop a cooperation framework among aid agencies, host governments and the telecommunications industry to enable access to telecommunications facilities to disaster affected communities. Rationale:: Access to telecommunications is essential to community self-organization and recovery, and the growing role in telecommunications in delivering other forms of aid e.g. cash. This in turn means that provision of connectivity in the immediate aftermath of disasters is a humanitarian issue, as well as a recovery and resilience issue. In addition to the systemic failure to recognize communication and information as aid, however, the humanitarian system currently has very limited capacity and mandate to fill this gap. Without providing reliable telecommunications, new technologies and approaches such as Mobile Money cannot be utilized.

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Other proposals – Industry Agenda Councils 36. Future of Family Businesses (NEW) Endorsed by: Jonathan Quigley Proposed mandate: Provide thought-leadership to the World Economic Forum’s Family Private Companies Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 37. Future of Luxury Goods (NEW) Endorsed by: Lisa Dreier Proposed mandate: Provide thought-leadership to the World Economic Forum’s Retail and Consumer Goods Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future. 38. Future of Medicine (formerly Personalized and Precision Medicine) Endorsed by: Eva Jane-Llopis Proposed mandate: Provide thought-leadership to the World Economic Forum’s Healthcare Industry Community on the transformations the industry is facing, by providing vision and strategic insights for the long-term future.