2012 World Economic Forum wrapping up

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In Switzerland the 2012 World Economic Forum is wrapping up. The closing plenary session on "The Future across Generations" is currently being held.

The forum opened on January 25. More than 2,600 representatives from 100 countries have attended the forum, as well as leaders from world organizations. This included the United Nations general secretary Ban Ki-moon, the IMF chief Christine Lagarde, World Bank President Robert Zoellick and the WTO’s director-general, Pascal Lamy.

The theme of this year’s forum is "great transformation." Around 250 meetings have been held, relating to finance, society, trade, climate change, nuclear energy, food security and health. However, Europe’s debt crisis has largely overshadowed this year’s forum. Leaders from Germany, Britain, the US as well as Vice director of the Chinese national development and reform commission have all presented their opinions on the issue.

The strongest words came from IMF chief Christine Lagarde, who urged for collective efforts to tackle the European sovereign debt crisis.

A report will be released on the results generated in this year’s forum. The report includes four aspects: "development and employment", "leadership and innovation", "resources and sustainability" as well as "society and technology".