Ilham Aliyev in Davos

President of Azerbaijan Ilham Aliyev arrived in Switzerland on a working visit to participate in the prestigious World Economic Forum (WEF) in Davos. The annual meeting of world leaders, politicians, and industry executives provides a prestigious platform for addressing pressing global issues and strengthening international cooperation.

President Aliyev’s agenda in Davos highlights Azerbaijan’s ambitions to bolster its position on the global economic stage. He plans to hold discussions with the heads of state of several countries and engage in bilateral meetings with the leaders of the world’s largest corporations. These interactions are expected to underscore Azerbaijan’s strategic role in the fields of energy, logistics, and digital transformation.

Davos 2025: Charting a Course for a Fragmented World

The World Economic Forum (WEF) 2025 opened in Davos against the backdrop of escalating global challenges—from climate change and economic uncertainty to heightened geopolitical tensions. This year’s theme, “Resilience in a Fragmented World,” reflects a harsh reality: while international cooperation is more critical than ever, it is becoming increasingly elusive.

A recurring topic at the forum has been energy—its supply, sustainability, and security. As Europe continues to grapple with energy vulnerability following the Russian-Ukrainian conflict, leaders and executives are in search of long-term solutions. The shift from fossil fuels to renewable energy sources is central, but delegates stressed the need for pragmatism in managing the transition.

In particular, discussions on green hydrogen and cross-border energy grids gained momentum. Several countries, including the UAE, Germany, and Australia, showcased achievements in renewable energy technology. Meanwhile, Azerbaijan, represented by President Ilham Aliyev, emphasized its role as a reliable energy supplier to Europe, while simultaneously promoting its ambitions in renewable energy in the Caspian region.

The Davos forum is taking place amidst deepening geopolitical divisions. The ongoing war in Ukraine and its ripple effects on global trade, energy, and food security have underscored the fragility of multilateral cooperation. U.S. officials used the platform to advocate for a more unified response to authoritarianism, while European leaders discussed the continent’s strategic autonomy in the realms of energy and defense.

Represented by a delegation of high-ranking officials and technology company executives, China sought to restore its global economic influence after the pandemic. Meanwhile, India emerged as a key player, championing its expanding role in the Global South and advocating for reforms in international financial institutions.

Another significant topic at WEF 2025 is the rapid development of artificial intelligence (AI) and its ethical implications. Technology leaders from OpenAI, Google, and Microsoft debated the future of regulation and the balance between innovation and oversight. Concerns about the potential misuse of AI, job displacement, and data security featured prominently in panel discussions.

The forum also witnessed the unveiling of a landmark “Global AI Agreement,” signed by governments and tech companies with the aim of establishing common standards for the development and application of AI.

As inequality rises worldwide, the forum called for renewed efforts to promote inclusive economic growth. The Global Pact for Inclusive Recovery, launched during the event, is aimed at addressing the inequality exacerbated by the pandemic and climate crises.

Countries of the Global South made strong statements this year in Davos, urging developed nations to fulfill their commitments to financing climate change mitigation efforts and ensuring equitable access to green technologies. African leaders highlighted the continent's potential as a powerhouse for renewable energy and digital transformation, given sufficient investments.

Executives from major corporations—from BlackRock to Tesla—stressed the importance of resilient supply chains, sustainable investments, and the necessity for business to take an active role in solving global challenges.

Comments by Elon Musk regarding the future of space exploration and sustainable energy sparked widespread debate, while Larry Fink of BlackRock once again reiterated his company’s commitment to environmental, social, and governance (ESG) principles, despite growing criticism.

A Fragmented Yet Hopeful World

The 2025 Davos Economic Forum reflects a world struggling for unity amidst deepening divisions. Nevertheless, the presence of leaders from all corners of the globe offers a glimmer of hope. Whether through energy cooperation, technological breakthroughs, or the promotion of inclusivity, the forum remains a testament to the enduring potential of dialogue in addressing humanity’s shared challenges.

As the forum draws to a close, the question remains: can the conversations on the snowy peaks of Davos translate into meaningful action in the complex realities of the world below? Only time will tell.