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Where is Davos and why is the World Economic Forum held in Switzerland?

THE World Economic Forum is held in the same place every year - Davos.

But where is Davos and why is it held there? Here's what we know.

Davos is a skiing village in Switzerland
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Davos is a skiing village in SwitzerlandCredit: Reuters

Where is Davos?

Davos is in Switzerland.

It is a popular ski resort and conference centre.

It is 1,560-metres above sea level.

Davos is less than hour drive to Lichtenstein.

This year the World Economic Forum will be held from January 21-24.

World leaders and CEOs from around the globe attend the conference every year
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World leaders and CEOs from around the globe attend the conference every yearCredit: EPA

Why is the World Economic Forum held in Switzerland?

For nearly 50 years, world business and political leaders have headed to the small Swiss village to discuss the future of the global economy with the collective mission statement of the organising body, the WEF, to "improve the state of the world".

The event was first held in 1971 and was originally named the European Management Forum before being renamed in 1987.

You can follow it on Twitter @wef, where it is described as an international organisation for public private cooperation.

Greta Thunberg calls climate change action by governments as 'completely insufficient' and says 'world is on fire' in Davos speech

What's the theme of this year's World Economic Forum?

This year's theme is Stakeholders for a Cohesive and Sustainable World.

The aim will be to assist governments and international institutions on tracking their progress towards the Paris Agreement and the Sustainable Development Goals.

Who is attending the World Economic Forum?

US President Donald Trump is attending the World Economic Forum.

He gave speech on the first day of the summit.

Greta Thunberg, the teen climate activist will also be giving a few speeches.

Angela Merkel, the German Chancellor, will give a special address on Thursday.

On the final day of the World Economic Forum Chancellor Sajid Javid will give a talk about the global economic outlook.

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