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Day 3 Davos 2025: Live coverage and what to know

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David Gelles, Managing Correspondent, New York Times, USA; Eivind Kallevik, President and Chief Executive Officer, Hydro, Norway; Ngozi Okonjo-Iweala, Director-General, World Trade Organization (WTO), Geneva; Zhang Lei, Chief Executive Officer, Envision, People's Republic of China; speaking in Squaring the Climate-Trade Circle session at the World Economic Forum Annual Meeting 2025 in Davos-Klosters, Switzerland, 22/1/2025, 09:00 – 09:45 at Congress Centre - Aspen 2. Stakeholder Dialogue. Copyright: World Economic Forum / Jakob Polacsek

Here's a snapshot of everything you need to know about Day 3 of Davos 2025. Image: World Economic Forum / Boris Bal

Gayle Markovitz
Head, Written and Audio Content, World Economic Forum
This article is part of: World Economic Forum Annual Meeting
  • The World Economic Forum's Annual Meeting takes place in Davos from 20-24 January 2025.
  • Here's a snapshot of everything you need to know about Day 3 of Davos 2025.

That's a wrap for the third day of the World Economic Forum's Annual Meeting in Davos.

Here's a rundown of what happened, the key sessions to watch, essential reading, live coverage of the session highlights and snippets of some of the conversations in the corridors.

Sessions to watch from Day 3

All times below are in GMT+1.

Women have made remarkable strides in political representation in the past decade, but there's still a long way to go. Europol's Executive Director, Catherine De Bolle, François Valérian, Chair of Transparency International, Democratic Republic of the Congo's Minister of State, Thérèse Kayikwamba Wagner, and Alicia Bárcena Ibarra, Mexico's Secretary of Environment and Natural Resources, discuss how this persistent gap can be tackled.

Articles

We’re not going back on gender parity, say Davos leaders

The IMF's First Deputy Managing Director, Gita Gopinath, joined McKinsey Global Managing Partner, Bob Sternfels and leaders from business and politics to discuss how government and industry can collaborate to better mobilize capital for resilience-building investments.

Odile Françoise Renaud-Basso, President, European Bank for Reconstruction and Development (EBRD) said the bank was helping emerging markets plan for the longer term, while Gopinath remarked on how surprisingly resilient emerging economies have been over recent years.

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Governance in Latin America is being transformed. Polarized politics, increasing demands for security and challenging migration flows are among the factors impacting government effectiveness and the public's expectations. Peruvian President, Dina Ercilia Boluarte, joins the President of Panama, José Raúl Mulino, and the President of the Inter-American Development Bank, Ilan Goldfajn, discussed how the region's leaders are navigating these risks.

Commenting on the Panama Canal - which is in the spotlight following US President Trump's comments in his inaugural address - President Mulino said, "the Panama Canal belongs to Panama" and encouraged respect for international protocols. He also highlighted the strength of Panama's allyship with the US.

Prime Minister Ibrahim highlighted the critical importance and urgency of the Paris Agreement and other climate agreements and reinforced the importance of cooperation with neighbouring countries.

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Watch this session with leading economists from around the world to discuss the emerging economic landscape and the decisions for business and policy-makers in 2025 and beyond.

Chief economists expect a turbulent year for global economy ahead

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Chief economists look ahead to 'particularly complex' year of tariffs and tensions

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‘We are at a crossroads for the global economy.’ The WTO's chief economist talks to Radio Davos

How can we place high-quality employment at the heart of future economic policy, especially at a time when nearly a quarter of jobs are exposed to disruption? President of Singapore, Tharman Shanmugaratnam, joins Gilbert Fossoun Houngbo, Director-General of the International Labour Organization (ILO), LinkedIn CEO, Ryan Roslansky, Denis Machuel, CEO, Adecco Group, and Veronica Nilsson General Secretary, Trade Union Advisory Committee (TUAC) to the OECD, to discuss.

Catch up on the key quotes in the X thread below.

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Join medical leaders and ministers to discover how we can tackle gaps in healthy lifespans by addressing both non-medical factors, such as socioeconomic status and education, while improving care outcomes and equity in traditional medical settings.

Michel Demaré, Chair of the Board at AstraZeneca said, "far too much is going on treating patients rather than trying to stop them from getting sick in the first place". Christophe Weber, President and Chief Executive Officer at Takeda Pharmaceutical, took it a step further: “What we can do now is not just preventive but also predictive healthcare.”

Leaders from the Association of Southeast Asian Nations (ASEAN) articulate their vision and aspirations for a peaceful and thriving region that is preparing to take the lead in ushering in a new era of productivity and growth.

Pham Minh Chinh, Prime Minister of Viet Nam, outlined his vision for a 'peaceful and sustainable intelligent age', while Mastercard's Merit Janow touched on advancements for ASEAN's digital economy, referring to growth from $1 trillion to $2 trillion through a new regional framework.

"What kind of future do we see for ourselves as a region?", asked Muhammad Yunus, Chief Adviser to the Bangladesh Government. And he suggested the answer should not lie in following the same path as the West, but rather that ASEAN should "redesign".

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Known for being a member of the Spice Girls, Melanie Brown is one of the millions of women in the world who has endured domestic abuse. Join this conversation on what it means to start all over again and how she has used her personal experiences to reshape the narrative on domestic violence.

Have you read?

The Congo basin is the world's largest tropical forest carbon sink. Join former US Climate Envoy, John Kerry, Co-Executive Chair, Galvanize, Félix-Antoine Tshisekedi Tshilombo, President of the Democratic Republic of the Congo, and Jozef Sikela, European Commissioner for International Partnerships, to discuss how bold policy and foresighted collaboration can support conservation, sustainable economic development and peace-building.

Spain’s Prime Minister Pedro Sánchez announced that he will propose a set of measures to curb the power of social media companies to all European leaders in the next formal Council meeting that will take place in Brussels.

Sánchez said social media is being used to 'oversimplify and polarize' the public debate. "I believe social media are now a common resource for humanity. Like the oceans. And that they should be protected and managed accordingly", he said.

"I believe social media are now a common resource for humanity. Like the oceans. And that they should be protected and managed accordingly."

Spain’s Prime Minister, Pedro Sánchez

Former NATO Secretary-General Jens Stoltenberg joined Andriy Yermak, Head of the Presidential Administration of Ukraine, to discuss how Ukraine and its international partners should proceed in the year ahead.

The sense is that momentum is gathering - and hopes that peace might be reached this year. This has been reiterated across a number of sessions this Davos.

10 years on from the anniversary of the historic Paris Agreement, the world is not yet on track to meet its goals. Former US Vice President Al Gore joined Pedro Sánchez, Prime Minister of Spain, and business leaders discuss the innovation and partnerships that can turn crisis into progress for people and planet.

Gore highlighted the 'unlivable' conditions created by the climate crisis for people around the world, but added that if net-zero emissions could be reached quickly, the world might stop global temperature increase. "Perseverance is essential", he said.

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IMF Managing Director, Kristalina Georgieva, joins Brad Smith, Vice-Chair and President, Microsoft, joined Rwanda's Minister of Information Communication Technology and Innovation Paula Ingabire to discuss the strategies that can bridge the growing AI divide and ensure more equitable access to AI globally.

Growth in the Middle East and North Africa is projected to rebound to 3.8% in 2025, up from 2.2% in 2024. Join ministers and business leaders from around the region as they discuss how the region can invest in sustainable growth amid volatility.

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Conversations in the corridors

Our team has been out and about speaking to participants, asking them to relay some of their thoughts on what they've heard and what they hope for this Davos 2025.

From climate action to AI and global health to conflict, these are some of the hot topics on people's minds at Davos 2025.

Luciana Vaccaro: "You meet a lot of other people that you did not foresee to meet. So yeah, the intensity of the thinking, of the neural work..."

Adil Najam: "It's always both surprising and in some ways annoying how much there is to do, and that you can't do everything. That you have to make choices about what to leave... but maybe that's part of the magic."

Deryck Rose: "The one thing that surprised me the most about Davos is the approachability of the people. And it gives you a different perspective of these government leaders as well as these business executives."

Launches on Day 3 of Davos 2025

As always, a lot is going on today, but be sure to look out for the following:

Unleashing the Full Potential of Industrial Clusters: Infrastructure Solutions for Clean Energies

This paper examines the challenges around clean energy infrastructure deployment and identifies solutions for clusters, transport and logistics industries, and their wider clean energy value chain to accelerate its deployment.

Read the paper here.

Catalysing Business Engagement in Early Warning Systems

Extreme weather events are increasing in frequency and severity, posing growing threats to lives, infrastructure and economies worldwide. Early warning systems (EWS) have proven to be essential for climate adaptation – saving lives and reducing economic losses. Yet, only half of the world currently has reliable access to multi-hazard EWS. This white paper examines how businesses can bridge the EWS coverage gap through technological advancements, data-driven innovations and public-private collaboration.

Read the paper here.

Things you might have missed

We've heard from global leaders on AI, energy, the future of growth, global health and more.

On Day 2, Ursula von der Leyen, President of the European Commission said "from AI to clean tech, from quantum to space... the race is on” - and indeed, a number of discussions addressed the geopolitics of tech. World conflicts were also highly discussed, with strong will expressed for diplomacy and cooperation.

You can read more highlights from across the week in our round-ups below, re-watch sessions on the website, or check out our coverage across social media.

In-depth: Updates on the Davos themes

Catch-up on the key quotes from sessions across all five themes of the Annual Meeting here.

Podcasts from the mountain

We're podcasting all week from Davos:

  • Radio Davos: The weekly show looking at the world's biggest challenges and how we can tackle them. Subscribe on any app via this link.
  • Meet the Leader: Big decision makers share the lessons they have learned on the way up, and the habits they would not be without. Subscribe.
  • And keep an eye on Agenda Dialogues where you can catch the audio from some of the biggest and best sessions from Davos 2025. Subscribe.

More on Forum Stories

In the past few weeks, we've published a number of articles and reports on the biggest issues up for discussion this year at Davos. Here's a snapshot, but you can see more on our Forum Stories page.

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Contents
Sessions to watch from Day 3Conversations in the corridorsLaunches on Day 3 of Davos 2025Things you might have missedIn-depth: Updates on the Davos themesPodcasts from the mountainMore on Forum Stories

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