The World Economic Forum (WEF) is a nonprofit established in 1971 and based in Geneva, Switzerland. It engages political, business, cultural, and other leaders of society to shape global, regional, and industry agendas. The WEF hosts an annual meeting every year in Davos, Switzerland, and several regional meetings, that bring together business leaders, international political leaders, economists, celebrities, and journalists to discuss global issues. The organisation also provides a platform for leaders from across stakeholder groups to collaborate on projects and initiatives.