By Justin Haskins, Viewpoint Contributor 12/03/20 11:30 AM EST The views revealed by factors are their own and not the view of The Hill.
Post-COVID-19 pandemic initiative by the World Economic Online Forum The Great Reset is the name of the 50th annual conference of the World Economic Online Forum (WEF), kept in June 2020. It brought together high-profile business and political leaders, convened by the Prince of Wales and the WEF, with the theme of restoring society and the economy in what is claimed to be a more sustainable way following the COVID-19 pandemic. Klaus Schwab, who founded the WEF in 1971 and is presently its CEO, described three core parts of the Great Reset. The first includes creating conditions for a "stakeholder economy"; the 2nd element consists of structure in a more "resistant, fair, and sustainable" waybased on ecological, social, and governance (ESG) metrics which would incorporate more green public facilities projects.
In her keynote speech opening the discussions, International Monetary Fund director Kristalina Georgieva, listed 3 key aspects of the sustainable actiongreen growth, smarter growth, and fairer growth. A speech by Prince Charles at the launch event for The Terrific Reset, noted key areas for actionsimilar to those listed in his Sustainable Markets Initiative, introduced in January 2020. These included the re-invigoration of science, technology and innovation, a relocation towards net zero shifts worldwide, the introduction of carbon pricing, re-inventing longstanding reward structures, rebalancing investments to include more green investments, and encouraging green public facilities projects. In June 2020, the theme of the January 2021 51st World Economic Online Forum Yearly Meeting was announced as "The Great Reset", connecting both in-person and online international leaders in Davos with a multi-stakeholder network in 400 cities around the globe.
According to, the BBC,, and Radio Canada, "unwarranted" conspiracy theories spread out by American far-right groups connected to QAnon, resurged at the onset of the Great Reset forum and increased in fervor as leaders such as the recently elected U.S. President Joe Biden and Canadian Prime Minister integrated ideas based upon a "reset" in their speeches. By mid-April 2020, versus the backdrop of COVID-19 pandemic, the coronavirus economic crisis, the 2020 stock market crash, the 2020 Russia, Saudi Arabia oil price war and the resulting "collapse in oil costs", the former Guv of the Bank of England, Mark Carney, described possible fundamental changes in a short article in.