Geneva in the running to host the World Economic Forum in 2021

Aerial view of Geneva's Mont-Blanc bridge Photo: Keystone/Salvatore di Nolfi

Next year's World Economic Forum (WEF), which has already been postponed from its traditional January spot until the summer, will be temporarily leaving Davos.

According to RTS, the organisers of the annual event are exploring other possible locations, including the canton of Geneva, home to the WEF’s headquarters.

Lugano and Bürgenstock have also reportedly expressed an interest in hosting the big business get-together. But among leading figures in the canton of Geneva, the idea has sparked mixed feelings.

Interviewed on RTS’ morning radio show, La Matinale, Vincent Subilia, PLR deputy and director of the Geneva Chamber of Commerce, Industry and Services, said he supported the idea: “Being able to fill a few hotel rooms would be a positive message for economic players who need it”.

However, Socialist deputy Romain de Sainte-Marie said the image of Geneva would suffer.

The WEF is the very symbol of globalization based on a capitalist system where it is the great of this world, economically speaking, who take the decisions on the development of our planet. And they are not doing it the right way".

The World Economic Forum, which attracts thousands of business leaders and politicians, has been hosted in Davos for 50 years. Organisers announced last month that the event would be postponed until next summer due to the coronavirus crisis. Hoteliers in the alpine resort received a letter earlier this month casting doubt over whether it would take place in the town at all. The WEF has said it would return to the Grisons canton in 2022. Organisers are expected to announce further details about the hosting of the 2021 event shortly.


Read the original story in RTS