Davos 2021 summit shifts to Singapore due to pandemic
The annual gathering of the world's political, economic and business elite traditionally takes place in January against the idyllic snowy backdrop of the Alpine village of Davos.
But it had already been postponed until May due to the virus, with organisers saying the focus would be on remodelling the world economy in the wake of the crisis.
WEF had announced in October the location of the meeting, branded "The Great Reset", would shift to Lucerne, Switzerland, before saying Monday the pandemic situation was forcing a move out of the country altogether.
"The change in location reflects the Forum's priority of safeguarding the health and safety of participants and the host community," the WEF said in a statement.
It was decided that Singapore was best placed to hold the meeting.
"This in-person meeting will bring together leaders to focus on shaping solutions to the world’s most pressing challenges."
The WEF said it will return to Davos in 2022.