World Economic Forum its name to the World Economic Forum in 1987 and sought to broaden its vision to include providing a platform for resolving international conflicts. In the summer of 1971, Schwab invited 444 executives from Western European firms to the first European Management Symposium held in the Davos Congress Centre under the patronage of the European Commission and European industrial associations, where Schwab sought to introduce European firms to American management practices. He then founded the WEF as a nonprofit organization based in Geneva and drew European business leaders to Davos for the annual meetings each January. Schwab developed the "stakeholder"
World Ecological Forum World Ecological Forum The World Ecological Forum is an independent and non-profit organization that is headquartered in Visby, Gotland, the biggest island in Sweden. The Forum’s flagship event is an annual meeting that brings together selected business leaders, policy makers, academia and experts to discuss environmental issues of global concern. The organization also develops and implements collaborative projects for global sustainability. A recent example is the Green Marketplace initiative that was developed to facilitate green technology transfer in partnership with Tynax, the world's largest technology trading exchange. The World Ecological Forum is committed to creating environmental and economic balance in