Critics of the forum, however, argue that the annual event has become a rich person’s playground where out of touch corporate elites meet in private to make important decisions about global policy without scrutiny or consultation. While chief executives meet under the noble pretense of solving poverty and climate change, most attendees use the forum to further their business interests and make themselves richer. Davos’ supporters argue that the annual forum is more important now than ever before. From climate change to food and energy inflation, to geopolitical instability, the global crises we face require collective action through cooperation and interdependence. Relationships and collaborations forged in Davos have and continue to bring about real world solutions to some of the world’s biggest challenges. Davos might be elite, its supporters concede, but its also effective in working towards global prosperity and peace.