Trump vs. Thunberg: The climate crisis could dominate Davos

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'The world is in a status of emergency,' says Klaus Schwab, executive chairman of the World Economic Forum. This year, the conference for global elites turns its attention to the climate crisis and sustainability.

The World Economic Forum's 50th annual meeting begins Monday, drawing 3,000 of the world's richest and most powerful people to a picturesque skiing village in the Swiss mountains. Trump will deliver what the organizers describe as a special address on Tuesday, offering his brand of populism to attendees who represent governments, companies, central banks and transnational organizations.

"People are revolting against the economic 'elites' they believe have betrayed them, and our efforts to keep global warming limited to 1.5°C are falling dangerously short," WEF founder Klaus Schwab said in a statement. "With the world at such a critical crossroads, this year we must develop a 'Davos Manifesto 2020' to reimagine the purpose and scorecards for companies and governments," he added.

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