Question: -World Economic Forum (WEF), which was established in 1971 as a not-for-profit foundation, is headquartered in-
(a) Geneva
(b) New York
(c) London
(d) Paris
Answer: (a)
Related facts:
- Punjab State government partnered with the World Economic Forum (WEF) to design a Public-Private pilot on shared, clean and electric mobility.
- The move aims to combat the growing problem of environmental pollution in the state.
- The state is preparing its own Electric Vehicles (EV) policy to support the adoption of e-vehicles.
WEF chose Punjab, as it is well-positioned for shared EV transition.
- WEF has already housed an existing auto component manufacturing base, besides having skilled labour and being a power surplus.
- The public-Private pilot will examine how Public and Private sectors can interplay to offer the most robust and successful EV ecosystem.
- It is a part of the collaboration to be formulated at the WEF annual meeting in Davos in January 2020.
World Economic Forum:
- World Economic Forum was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland.
- The World Economic Forum is the International Organization for Public-Private Cooperation.
- The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance.
- The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas.
- It is independent, impartial and not tied to any special interests with moral and intellectual integrity is at the heart of everything it does.
Links:
https://auto.economictimes.indiatimes.com/news/industry/punjab-partners-with-wef-for-e-mobility/72366123
https://www.weforum.org/about/world-economic-forum