6 Takeaways From Davos as Globalism, Net Zero Lose Edge at World Economic Forum

The World Economic Forum (WEF) has long promoted discussions on global economic coordination and governance, an approach often associated with initiatives such as the Great Reset, a concept introduced by WEF founder Klaus Schwab.

But at this year’s meeting in Davos, Switzerland, the tone of the forum seemed more measured, with more emphasis on debate and scrutiny of existing assumptions than on presenting a unified vision.

The forum has traditionally provided a venue for politicians and business leaders to discuss ideas such as ‘stakeholder capitalism’, but further challenges to these concepts were also highlighted.

Critics of the model argue that it places greater emphasis on environmental, social, and governance priorities, including diversity, equity, and inclusion goals, while supporters argue that the model reflects evolving expectations of corporate responsibility.

Here are six takeaways from Davos 2026.

1. Net zero meets industrial reality

Although many sessions remained steadfast in the Forum’s longstanding emphasis on so-called climate risks and warnings of environmental catastrophe, some discussions were shaped by concerns about sovereignty and strategic dependencies, including energy security and supply chains.

US Commerce Secretary Howard Lutnick said at a WEF stage event that Europe’s decarbonization goals risk increasing dependence on adversaries such as China for key elements of the energy transition.