Davos, Switzerland \u2013 As US President Donald Trump arrives in Davos on the first anniversary of his second term, amid escalating trade threats against Europe, Greenpeace warns that the World Economic Forum (WEF) is once again giving a platform to policies that deepen climate chaos, economic instability and inequality.<\/p>\n\n
Clara Thompson, European Lead Campaigner at Greenpeace Germany said:<\/strong><\/p>\n\n \u201cTrump\u2019s visit exposes the contradiction at the heart of Davos. Leaders who abandon climate action, threaten economic confrontation and deepen inequality are treated as global leaders, while the costs are pushed onto everyone else. After years of Trump-style politics, we know what happens when extreme wealth runs the show: democracy, climate action and equality are always the first to lose.\u201d<\/p>\n\n Thompson said Trump\u2019s presence reflects a broader shift toward billionaire-driven politics, reinforced by the World Economic Forum\u2019s own Global Risks Report 2026<\/strong><\/a>, which warns of escalating geo-economic confrontation and climate breakdown, while failing to confront the role of extreme wealth and corporate power driving both.<\/p>\n\n \u201cTrump\u2019s presidency shows what happens when billionaire power goes unchecked. Big tech, fossil fuel interests and powerful political leaders shape global decisions without democratic accountability \u2014 and forums like Davos continue to legitimise this model. The WEF is quick to name global risks, but it refuses to look in the mirror and confront the actors fuelling them,\u201d Thompson added.<\/strong><\/p>\n\n Thompson stressed Europe must respond to rising tensions with the US by reducing dangerous dependencies. This should begin with the withdrawal of the pledge to purchase USD 750 billion worth of US energy, as well as the ending of all additional agreements to purchase US liquefied gas.<\/p>\n\n \u201cDoubling down on US fossil gas and unregulated tech monopolies is a strategic mistake. Instead of deeper reliance on billionaire driven power politics, Europe needs energy independence, strong regulation of big tech and fair global tax rules.\u201d<\/p>\n\n Greenpeace calls on governments to support the UN-led Tax Convention negotiations, arguing that none of the risks discussed in Davos can be solved without systemic reforms of global tax rules that should include making the super-rich and corporate polluters pay their fair share.[1] <\/p>\n\n ENDS<\/p>\n\n Notes: <\/strong><\/p>\n\n [1] Media briefing: UN Tax Convention<\/a>\u00a0<\/p>\n\n Contacts:<\/strong><\/p>\n\n Clara Thompson, European lead campaigner, Fair Share project, Greenpeace Germany: +49 1758530226, clara.thompson@greenpeace.org<\/a><\/p>\n\n Christine Gebeneter, European communications lead, Fair Share project, Greenpeace Austria: +43 664 8403807, christine.gebeneter@greenpeace.org<\/a><\/p>\n\n