Film star Cate Blanchett is among 3,000 people attending the 48th annual World Economic Forum.
The town of Davos in the Swiss Alps, usually home to just 4,500 people, is swamped with thousands of participants, media and security from across the world.
They have come for one week to address critical global challenges.
Together with singer and aids activist Elton John, and the Bollywood star Shah Rukh Khan, Blanchett has received a Crystal award in recognition of her work as a UNHCR goodwill ambassador, and her dedication to the plight of refugees.
Addressing the World Economic Forum today, the two-time Oscar winner said that over 22 million people in the world are refugees, and half of them are women and girls.
She said just 1% have been resettled in developed countries.