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In Davos, Scholz demands smart solutions to the world’s problems

German Chancellor Olaf Scholz issued a call for new forms of international collaboration and a search for smarter solutions to the world's problems, in his speech to the World Economic Forum (WEF) in Davos, Switzerland.

German Chancellor Olaf Scholz issued a call for new forms of international collaboration and a search for smarter solutions to the world’s problems, in his speech to the World Economic Forum (WEF) in Davos, Switzerland.

“One thing is clear: Deglobalization is the wrong track! It will not work,” he said. “We need a different globalization that promotes smart and sustainable solutions to climate change as well as solidarity-based action in the food crisis or in the fight against pandemics.”

Scholz said that it is not only the statehood of Ukraine that is at stake, but the “system of international cooperation, designed in the aftermath of two world wars to the vow of ‘never again’. A system that subjects power to law, bans violence and guarantees freedom, security and prosperity.”

He also said that Putin’s war was not the sole reason for a global watershed. “In this multipolar world, very different countries with growing influence are demanding a greater political participation. This is not a threat. We will open up new ways of cooperation.”

Scholz said the war in Ukraine also raises the pressure on Germany to meet its climate targets, saying Berlin’s goal of being carbon neutral by 2045 has “gained even more importance.”

Countries must invest in new technologies that can be used worldwide to enable further economic growth, he said.

“The countries of the global South in Asia, in Africa, in the American South will want the same prosperity. And that is the right thing to do.”

Scholz also said governments should not only seek their political partners in the same countries.

For too long, governments have tended to equate “democracy” with the “West” in the classical sense, he said.

For that reason, he invited South Africa, Senegal, India, Indonesia and Argentina to attend this year’s summit of the seven major industrialized nations (G7) in Elmau, Bavaria, in late June.

“They represent countries and regions whose cooperation the world needs to move forward on global challenges in the future,” Scholz said.

He said new partnerships also meant showing solidarity in the face of looming hunger, commodity and inflation crises.

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