Synopsis
The World Economic Forum launched a global initiative to invest in skill development, aiming to reach over 850 million people. New accelerators in India and Jordan will focus on equitable skilling and leveraging technology in education. These efforts address the urgent need to prepare workers for a rapidly transforming labor market shaped by AI and other shifts.
Agencies Davos: The World Economic Forum on Friday announced a major global initiative to invest in skill development that will reach more than 850 million people.
It also announced the launch of new skills and education accelerators in India and Jordan, strengthening a global network of 45 national accelerators that have collectively supported 14.8 million people.
These accelerators bring together government, business and civil society to translate global insights into country-specific actions on employment, skills development and inclusive economic growth.
The India Accelerator will focus on addressing barriers to equitable skilling, while the Jordan Accelerator will work to leverage emerging technology to improve education quality.
The WEF said its Reskilling Revolution initiative is on track to reach more than 850 million people worldwide, nearing its target of equipping 1 billion people with better access to skills, education and economic opportunities.
As artificial intelligence, geoeconomic shifts and the energy transition rapidly reshape global labour markets, preparing workers for the economy of tomorrow is an urgent global priority.
The new commitments span corporate pledges, university-employer partnerships and national skills accelerators focused on redesigning how people enter the workforce, transition between jobs and remain employable in an economy increas
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