The World Economic Forum (WEF) is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas.
It was established in 1971 as a nonprofit foundation and is headquartered in Geneva, Switzerland. The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance.
The institution carefully blends and balances the best of many kinds of organizations, from both the public and private sectors, international organizations and academic institutions.