How social entrepreneurs made an impact at Davos 2019

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 Over 3,000 leaders, including more than 50 heads of state, last month descended on the mountain town of Davos for the World Economic Forum’s Annual Meeting 2019, under the theme Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution.

Among them were a delegation of 20 pioneering Schwab Foundation Social Entrepreneurs, coming from every continent, and representing some of the world’s leading organizations tackling entrenched social issues with innovative market-based solutions.

The social entrepreneurs at Davos are already impacting millions of those in need around the world: providing financial services to the “un-bankable”; ensuring healthcare access in Sub-Saharan Africa; and making strides to clean up our oceans of plastic; to name but a few.

Despite the progress that social entrepreneurs are making, they often describe their impact as a drop in the ocean. The week spent at Davos is an opportunity to turbo-charge their impact through partnerships with some of the world’s largest corporates, key governments and civil society organizations, and to showcase their work through global media exposure.

High on the agenda this year was the push towards a more “circular economy”. With 13,000 pieces of plastic litter found in every square kilometre of ocean, there has never been a more pressing time to reinvent traditionally linear modes of production.

 

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