"There is a golden opportunity to seize something good from this crisis...global crises know no borders, and highlight how interdependent we are as one people sharing one planet."

Speaking at the launch of the Forum's Great Reset on Wednesday, those were the words of HRH the Prince of Wales on humanity's chance to craft a more sustainable and equitable world in the wake of the COVID-19 coronavirus pandemic.

He added: “Unless we take the action necessary, and build in a greener and more inclusive and sustainable way, then we will have more and more pandemics.”

The Great Reset will be the theme of a unique twin summit to be convened by the World Economic Forum in January 2021. The 51st World Economic Forum Annual Meeting will bring together global leaders from government, business and civil society, as well as stakeholders from around the world to convene both in-person and virtual dialogues. But, more broadly, the Great Reset is a commitment to jointly and urgently build the foundations of our economic and social system for a more fair, sustainable and resilient post-COVID future.

The initiative grew out of the Forum's COVID Action Platform. And, as we enter a window of opportunity to shape the COVID-19 recovery, the Great Reset will offer insights to help inform all those determining the future state of global relations, the direction of national economies, the priorities of societies, the nature of business models and the management of a global commons.

Professor Klaus Schwab on The Great Reset

Here's a roundup of a some of the key quotes and clips from today's launch:

"The best memorial we can build for those who lost their lives in the pandemic is that greener, smarter, fairer world."

—Kristalina Georgieva, Managing Director, International Monetary Fund.

"We can never again allow our health, education and care systems to be under-funded."

—Sharan Burrow, General Secretary, International Trade Union Confederation

"The pandemic has accelerated the adoption of digital technologies...broadband has become the electricity of the 21st century."

—Bradford L. Smith, President, Microsoft

"We need our imagination here: we're seeing every day the arc of the possible, it's being defined every day now."

—Bernard Looney, Chief Executive Officer, BP

“The time for cynicism is a little behind us…. Being an armchair critic is really not acceptable. It’s time to come to the table and make a difference.”

—Ajay S. Banga, Chief Executive Officer, Mastercard

To see more highlights from today's launch, check out our latest updates page from the Great Reset.