The potential Davos Construction Freeze may close most side events in 2025 and silence thousands of speakers.
Davos, Switzerland, is in a debate over construction regulations tied to the World Economic Forum (WEF). Proposed changes to Article 154 of the Davos Building Act have sparked concerns.
Under these changes, construction activities around WEF events would generally face a winter construction freeze, with exceptions allowed under stringent conditions. The power to grant exceptions lies with a select council group, and there is no avenue for appeal or a clear legal framework. However, critics argue that prioritizing WEF could stifle alternative viewpoints and sideline independent side events and opinions. This could further disconnect the global elite from the broader population, innovative startups, and non-governmental organizations not falling under the developing “planned economic system.”
While the goal is to promote economic sustainability in Davos, the absence of clear regulations has drawn criticism for potentially harming industries and enabling monopolistic practices. The decision-making process, based on personal views of a select group, raises concerns about fairness and transparency.
Economic sustainability is crucial, especially regarding the preservation of Davos’ vital tourism industry. Criticism also extends to Davos attendees and many event hosts, who are accused of not supporting the local economy, despite discussing Environmental, Social, and Governance (ESG) principles during their meetings.
As these proposed changes undergo review and referendum, the financial future of Davos and its approach to winter construction remain subjects of global interest, potentially affecting the entire world by changing the information flow and attributing speaking time to only some selected world, thought, and political leaders, while ignoring others who spoke during the side events and have not even been invited to other conferences because their country or company was too small, essentially making them irrelevant in the discussions in Davos if side events stop. This influence extends to the world in a much broader context than just freezing winter construction