President Clinton Hosts
President Barack Obama, Egyptian President Mohamed Morsi, and Governor Mitt
Romney on Closing Day of 2012 Clinton Global Initiative Annual
Meeting
Eighth CGI Annual
Meeting Closes with over 150 new commitments made valued at more than $2
billion, expected to impact nearly 22 million people. Members have now made
nearly 2,300 commitments, which will improve the lives of over 400 million
people in more than 180 countries
First CGI Latin
America established. CGI University, CGI America dates
announced.
New York, NY – Today, President Barack Obama, Egyptian
President Mohamed Morsi, and former Massachusetts Governor Mitt Romney joined
President Clinton and other international leaders on the final day of the eighth
Clinton Global Initiative Annual Meeting. Over three days, an array of heads of
state, CEOs, non-profit leaders, and other global luminaries made over 150 new
commitments, expected to impact nearly 22 million lives. To close the meeting,
President Clinton and Chelsea Clinton announced plans for CGI University, CGI
America, and the first CGI Latin America Meeting in 2013.
“I am convinced that cooperation, not conflict, will define this century,”
said President Clinton. “From the capitols of the world to the most remote
villages, people everywhere understand that there are universal challenges which
face us all and are beyond the power of any individual to solve alone. As the
eighth CGI Annual Meeting draws to a close, I celebrate our members who have
committed to working together to meet these challenges head on. Their creative
and focused actions will help to bring about a stable, sustainable world in
which all people have a chance to thrive.”
The day’s theme, “Designing Our Systems,” emphasized that our interconnected
world requires intentional systems of governance, community welfare, and
commerce in order to create economic growth and provide for the social good. In
the day’s sessions, CGI members examined tools and approaches used to design
systems that enable sustainable prosperity and opportunity for all. Clinton
Foundation and CGI board member Chelsea Clinton moderated a session called “The
Case for Optimism in the 21
st Century.”
Following President Clinton’s conversation with President Morsi, Chelsea
joined President Clinton to announce details for CGI University 2013. Washington
University in St. Louis will serve as next year’s site for the gathering that
brings students, youth organizations, topic experts, and celebrities together to
explore innovative solutions to pressing global challenges. The meeting will
take place April 5-7, 2013 and convene more than 1,000 students representing
approximately 300 colleges and universities around the world.
President Clinton revealed that CGI will hold CGI Latin America in Rio de
Janeiro, Brazil next year in December. It marks the Clinton Global Initiative’s
first overseas meeting since convening CGI Asia in Hong Kong in 2008. President
Clinton also announced that CGI America, a meeting focused on collaborative
solutions to economic recovery in the United States, will return to Chicago in
June 2013.
Last night, President Clinton also honored this year’s recipients of the
Clinton Global Citizen Award,
Carlos Slim Helú, founder of
Fundación Carlos Slim;
Luis A. Moreno, president of
Inter-American Development Bank;
Denis O’Brien, chairman and
founder of Digicel Group;
Pepe Julian Onziema, programme
director and advocacy officer of Sexual Minorities Uganda (SMUG);
The
Right Reverend Christopher Senyonjo, executive director of St. Paul’s
Reconciliation and Equality Centre; and
Katie Stagliano,
founder and chief executive gardener of Katie’s Krops.
Featured speakers on the closing day of the Annual Meeting included
Barack Obama, 44
th President of the United States of
America,
Bill Clinton, 42
nd President of the United
States of America and founding chairman of the Clinton Global
Initiative,
Felipe Calderón, President of Mexico,
Mohamed Morsi, President of the Arab Republic of Egypt,
Tony
Blair, Former Prime Minister of the United Kingdom,
Mitt
Romney, former Governor of Commonwealth of Massachusetts,
Akinwumi Adesina, Minister of Agriculture and Rural
Development, Federal Republic of Nigeria,
Her Highness Princess Ameerah
Al-Taweel, Vice Chairwoman and Secretary General, Alwaleed Bin Talal
Foundations,
Timothy F. Geithner, Secretary of the Treasury,
U.S. Department of the Treasury,
Ngozi Okonjo-Iweala, Finance
Minister, Federal Republic of Nigeria,
Sir Fazle Hasan Abed,
Founder and Chairperson of BRAC,
Walter A. Bell, Chairman of
the Board, Swiss Re America Holding Corporation,
Deepak Chopra,
Founder, The Chopra Foundation and Founder and Chairman of the Board of The
Chopra Center for Wellbeing,
Wesley Clark, Chairman and CEO of
Wesley K. Clark & Associates,
Chelsea Clinton, Board Member
of the William J. Clinton Foundation and the Clinton Global Initiative,
Piers Morgan, host of CNN’s Piers Morgan Tonight,
Art
Naqvi, Founder and Group Chief Executive of Abraaj Holdings,
Clarence Otis, Jr., Chairman and CEO of Darden Restaurants,
Inc.,
Bill Parish, President of Mosaic,
Judith
Rodin, President of the Rockefeller Foundation,
Charlie
Rose, Executive Editor and Anchor of Charlie Rose,
Irene B.
Rosenfeld, Chairman and CEO, Kraft Foods Incorporated,
Richard
Stengel, Managing Editor of TIME Magazine,
Luis A.
Ubiñaa, President, The Ford Foundation, and
will.i.am,
Founder, i.am.angel Foundation.
The 2012 CGI Annual Meeting is sponsored by Abraaj Capital, American
Federation of Teachers, Ambassador Gianna Angelopoulos, APCO Worldwide,
Barclays, Bill & Melinda Gates Foundation, Blue Cross and Blue Shield of
North Carolina, Booz Allen Hamilton, Cisco, CLSA Asia-Pacific Markets, Crédit
Agricole Corporate and Investment Bank, Delos Living, Deutsche Bank, Diageo PLC,
The Dow Chemical Company, Duke Energy Corporation, ExxonMobil, The Ford
Foundation, Varkey GEMS Foundation, The Goldman Sachs Group Inc, Houghton
Mifflin Harcourt Publishing, Hewlett Packard Company, Inter-American Development
Bank, InterEnergy, Jive Software, Knoll Inc, Laureate International
Universities, Microsoft Corporation, NRG Energy Inc, Procter & Gamble, The
Rockefeller Foundation, Shangri-La Industries, Standard Chartered Bank, Starkey
Hearing Foundation, Swiss Reinsurance Company, Tom Golisano, Toyota Motors
Corporation, United Postcode Lotteries, The Victor Pinchuk Foundation, and
Western Union Financial Services Inc.
The full program, webcast schedule, and list of all CGI Annual Meeting
commitments are available here:
clintonglobalinitiative.org/2012.
The following new commitments were announced in Plenary Sessions
today:
NGO 2.0 Shaping the Next Generation of Social
EntrepreneursCommitment by: Hult International Business
SchoolIn 2012, the Hult Prize committed to help launch a new wave of
student social entrepreneurs in response to a challenge made by President
Clinton and building on the successes of past Hult competitions. This will be
achieved by creating a start-up accelerator for social entrepreneurship designed
to fund, mentor, advise and launch new social businesses. Through the
continuation of its established global competition, Hult will bring together
more than one thousand college and university students from over 130 countries,
totaling more than 300 different colleges and universities. Working in
five-person teams this spring, these students will compete at one of five global
locations and online for the opportunity to spend the summer at the Hult
Accelerator -- a world-class center for innovation in Boston -- and secure US$1
million in seed funding to start their businesses. Out of the hundreds of teams
who will attend the regional stage of the competition, the best six teams will
be selected to work at the Accelerator. Each of the six winning teams will then
pitch their idea at CGI's Annual Meeting in September 2013, where President
Clinton, along with CGI Meeting attendees will select and award the winning team
with a $1 million prize.
Rwanda Human Resources for Health ProgramCommitment
by: Rwanda Ministry of HealthIn 2012, the Government of Rwanda,
partnering with the US government, the Global Fund, and leading health sciences
universities committed $152,000,000 to create the Human Resources for Health
(HRH) Program to build the health education infrastructure and workforce
necessary for a high quality, sustainable healthcare system. Partnering with 7
leading medical schools, 5 nursing and midwifery schools, and 1 health
management school, the program will send more than 100 faculty members to Rwanda
annually to assist medical, nursing, and public health schools and teaching
hospitals and to mentor educators and students.
20 x 20: To Serve 20 Million People by 2020Commitment
by: STARS FoundationIn 2012, STARS Foundation committed $70,000,000 to
impact the lives of 20 million people by 2020. This commitment will expand the
Impact Awards program, which provides $100,000 grants in unrestricted funding to
local NGOs, into 100 countries. A new awards category for NGOs improving access
to Water, Sanitation and Hygiene (WASH) will be added, with grants to be awarded
to organizations that together serve 10 million people. STARS will also launch
“STARS Projects,” a new operational unit that will deliver new products and
solutions for ‘base of the pyramid’ markets serving an additional 10 million
people.
Post Harvest Project: Reducing Waste for Food
SecurityCommitment by: nanoICE In 2012, nanoICE
committed $8,945,000 to launch the Post Harvest Project (PHP). This commitment
will install new cold chain systems at the Port of Tema and Lake Volta that will
dramatically reduce fish waste and fish shrinkage, providing more protein for
Ghanaians and more income for fishers. The commitment will also install a
manufacturing plant at the Port of Tema with a transportation station at Lake
Volta to make organic fertilizer from fish waste to provide an environmentally
safe, locally made fertilizer for 134,000 hectares.
mHealth From the Ground Up in Rural LiberiaCommitment
by: Tiyatien HealthIn 2012, Tiyatien Health and Medic Mobile committed
$1,000,000 to build a model for community-based, mobile-enabled maternal,
newborn and child health (MNCH) services in the Konobo district of Grand Gedeh,
which has no mobile network and only one health facility. Through this
commitment, Tiyatien Health will equip a pilot cadre of frontline health workers
to deliver primary health care to all villages in the district for the first
time.
Agri-Fin Mobile: Increasing Small-holder Income Through
MobileCommitment by: Mercy Corps and the Swiss Agency for
Development and Cooperation (SDC)In 2012, Mercy Corps and SDC committed
$3,800,000 to develop new business models that offer mobile agricultural and
financial services to small-holder farmers in Indonesia, Uganda and Zimbabwe.
The Agri-Fin Mobile program will offer farmers access to mobile-based
agricultural and financial services, including farm and crop management tools,
financing, micro-insurance, and access to markets for their products, to
increase their income.
In Women’s Hands: Empowering the Next Generation of African Female
LeadersCommitment by: the MPULE InstituteIn 2012, The
MPULE Institute committed $280,000 to develop the Network of Women Investing in
Africa (NEW Africa) Leadership Program. By training and empowering women to
excel in leadership roles in Ethiopia, Ghana and South Africa, NEW Africa will
increase young African women’s representation and participation in the global
development agenda, increase investment in social services and labor-saving
technologies that are most beneficial to women, and unlock new opportunities in
sectors proven to lift women and their families from poverty.
Brighter Futures: Ending Child Marriage in Turkey and
AbroadCommitment by: Sabanci FoundationIn 2012 and 2013,
the Sabanci Foundation committed $400,000 to financially support, and help
design, a meeting to take place in Istanbul in February 2013 and organized by
Girls not Brides, where participants will design advocacy and communication
strategies to end child marriage. Using these strategies, the Turkish National
Platform to End Child Marriage will educate 200 parliamentarians and policy
makers and 500 families, religious leaders, teachers, and officials in Turkey
about the negative impacts of child marriage.
Next Generation Technology for Frontline Health
WorkersCommitment by: IntraHealth
InternationalIntraHealth commits $500,000 to design a scalable
e/mLearning Program in Kenya, building on initial success in its partnership
with the Kenyan Medical Training College network. IntraHealth will design a
scalable eLearning model that will first be applied in two training
institutions, where more than 80 frontline health workers will be equipped with
new a/mLearning skills. Once the model is designed and tested, IntraHealth will
make it available to frontline health workers across Kenya.
A Budding Interest: Organic FarmingCommitment by: The
PRASAD ProjectIn 2012, the PRASAD Project committed to addressing
regional issues of environmental degradation, economic disempowerment,
illiteracy, and food insecurity in the Tansa Valley of India by supporting local
farmers and their families address these issues through the establishment and
expansion of several programs, including the adoption of organic farming
techniques. To address land degradation and soil erosion problems, the PRASAD
Project will provide training in organic farming and horticulture to local
farmers. They will aid in the implementation of an integrated watershed program
for better, more sustainable water resource use and will implement soil
conservation and tree planting programs. To address regional economic issues,
the PRASAD Project will help farmers and their families access markets for their
food and other agricultural outputs. The PRASAD Project, in conjunction with
these activities, commits to providing a series of trainings to community
residents which include literacy, vocational, environmental education, social
health awareness, and sanitation and solid waste management programs. To support
the long term impact and sustainability of these programs and initiatives, the
PRASAD Project will conduct these trainings with the support of a number of
Self-Help Groups (SHGs). Adopting a multifaceted approach recognizes that these
issues are interrelated and inextricably linked.
Essential Capital FundCommitment by: Deutsche Bank
AmericasIn 2012, Deutsche Bank committed to structuring an innovative
seven-year investment fund - the "Essential Capital Fund" - that provides
crucial catalytic funds to socially responsible investment funds and enterprises
that support the microfinance and social enterprise sectors. The Fund represents
a pioneering effort in the impact investing field because it provides risk
mitigation mechanisms for others investors. Specifically, by deferring a portion
of its management fee, generating a savings reserve via a step coupon mechanism
for investor returns and offering a 10 percent guarantee, the Fund promises to
unlock significant capital currently reluctant to engage in unproven sectors.
Slated to reach $50 million in portfolio size by 2015 and designed in
collaboration with leading social impact stakeholders, the Essential Capital
Fund will invest in 1) "first loss" positions of debt funds, 2) guarantees on
loan syndications, 3) loans to impact investments and 4) other innovative
opportunities.
United Water 'Solution': Investing in America's
WaterCommitment by: United WaterIn 2012, United Water
committed to partner with institutional investors to form entities that will
provide Nassau County, New York and the City of Bayonne, New Jersey with private
capital to pay down accumulated debt and initiate capital investment in their
municipal water systems. Through this five year commitment, United Water will
take over operations and repairs of these water systems in exchange for
resident-paid water usage fees. The municipalities, while clearing millions of
dollars of accumulated debt, will maintain ownership and regulatory oversight of
these systems. This unique partnership and innovative financial solution will
promote job creation, create a cleaner environment, and ensure that ownership
and stewardship of the water system never leaves public hands.
Establishment of the Shared Value
InitiativeCommitment by: FSG AdvisorsIn 2012, FSG
committed to establish the Shared Value Initiative (SVI), a multi-stakeholder
organization that will serve as a global knowledge and learning hub for
companies and other stakeholders on the shared value concept, with key corporate
co-founders. The SVI will capitalize on the current momentum around shared value
by driving adoption amongst companies and by improving implementation at
companies that have already engaged in shared value strategies. The SVI will
engage in four major activities - deepen and document knowledge, create toolkits
for implementation, build communities of practice via physical and virtual
engagement opportunities, and steward the concept of shared value. Within the
first two years, the founding partners aim to establish the SVI by developing an
interactive communications platform, developing shared value content and events,
and conducting outreach to a wide-range of stakeholders by identifying and
developing outreach plans for stakeholders critical to shared value adoption and
implementation.
Building a Global Movement to Redefine Success in
BusinessCommitment By: B LabIn 2012, B Lab committed to
extend the B Corp movement globally and grow the community of B Corps by 250
businesses, with a goal of reaching 20 countries on 6 continents by December
2013. Organizations that register as B Corps are purpose-driven to create a more
inclusive and sustainable economy, with legal underpinnings that allow them to
produce value for society as well as shareholders. B Lab will build on the
momentum of the B Corp movement in the US and begin its global campaign first in
South America, partnering with its first international partner Sistema B to
build a founding class of 100 B Corps in the region by the end of 2013. This
global initiative will include policy work to create a new corporate form and
policy incentives, extensive use of B Lab's standards and technology platform,
and partnerships with organizations that have regional presence and
expertise.
The following progress reports were announced in Plenary Sessions
today:
General Mills/PEPFAR/USAID Partnership for Food
SecurityCommitment by: General Mills, Inc.In 2009,
General Mills, in partnership with the Office of United States Global AIDS
Coordinator (OGAC) and United States Agency for International Development
(USAID), committed to link its technical and business expertise with small and
medium-sized (SME) mills and food processors in sub-Saharan Africa, with the
goal of improving those companies' ability to produce high-quality, nutritious,
and safe food at affordable prices. This partnership will utilize the expertise
of 1,200 experts in General Mills' research and development arm to investigate
the challenges to locally sourcing supplemental and therapeutic foods for the
U.S. President's Emergency Plan for AIDS Relief (PEPFAR). Ultimately, General
Mills, in close partnership with the USAID Agriculture Bureau, aims to engage
multiple Fortune 500 food companies in the provision of technical assistance to
up to 200 SMEs in 15 countries.
Pollinator Habitat ImprovementCommitment by: Grief,
Inc.In 2009, Grief, Inc. committed to improving pollinator habitats
using various silvicultural activities. Grief expects these treatments to
increase pollinator populations and, ultimately, improve wildlife habitat for
game and non-game species, songbirds and migratory birds. By improving wildlife
habitat, timberland owners will justify increases in hunting lease revenues.
Increasing pollinator populations will allow for greater yield on agricultural
lands.
Girls Not Brides: Partnership to End Child
MarriageCommitment by: The Elders, The Ford Foundation, NoVo
Foundation, and Nike FoundationIn 2011, the Elders, the Ford Foundation,
the Nike Foundation, and the NoVo Foundation committed to jointly establish
'Girls Not Brides: The Global Partnership to End Child Marriage' (Girls not
Brides). Girls not Brides is a member-driven partnership with a global focus.
They also committed to raise $3 million to ensure the functioning of the
partnership, the creation of a secretariat, and to seed activities to end child
marriage in priority countries. In addition, they committed to establish a
network of donors to support programs to end child marriage worldwide.
Developing MFI Social Performance Scorecard &
RatingsCommitment by: The Moody's FoundationIn 2010,
Moody's, one of the world's leading sources for credit ratings, research, and
risk analysis, committed to develop a scorecard and standardized rating for
assessing the social performance of microfinance institutions (MFIs). The social
performance rating will consider items such as client protection principles,
client service, social impact measurement, and governance. As part of this
process, Moody's will work with investors and MFIs to develop an understanding
how social performance is assessed, create customized social performance tools,
and publish research on how the industry assesses social performance. Moody's
will work with a consortium of partners including The Social Performance Task
Force, Grameen Bank, Women's World Banking, Blue Orchard, The MIX Market,
Deutsche Bank, and ImpAct to design and develop the scorecards.
Western Union’s Our World, Our Family
ProgramCommitment By: Western Union FoundationIn 2008,
Western Union Foundation made a commitment to initiate the Western Union's Our
World, Our Family® program, a five-year, $50 million initiative designed to
equip migrants and the communities they leave behind with the skills, knowledge,
and resources essential to alleviating poverty. Worldwide, there are an
estimated 500 million migrants working outside of their home countries, who sent
home an estimated $369 billion in remittances in 2007. Western Union and its
partners seek to leverage the talents, experience, and resources of migrants and
other stakeholders to build capacity and extend access to capital and financial
services to communities outside the financial mainstream. Since its inception,
this program has achieved key milestones including developing a global
partnership with Mercy Corps, launching an employee volunteerism program,
introducing Western Union Global Giving Circles to support educational
initiatives in India, and collaborating with the Economic Intelligence Unit to
develop research and convene leading experts around the issue of migration.
Medical Supply Chain Transformation ProjectCommitment
By: The Coca-Cola CompanyIn 2010, the Coca-Cola Company (TCCC) committed
to share its route-to-market expertise to support the Global Fund to Fight AIDS,
Tuberculosis and Malaria (The Global Fund)'s ability to get vital drugs,
medicines, and medical supplies to the people who need them most. It will do
this initially through a pilot project wherein 10 months of direct support will
be provided to the Medical Stores Department in Tanzania. There is potential for
additional phases of work. The objective will be to test this innovation in
public private partnering to build a model that encourages others to add their
expertise. The company hopes to create a scalable, sustainable and replicable
model that can be rolled out to other countries facing similar challenges
related to the supply chains of critical medicines. It is envisaged that
partnerships with multiple organizations from the public sector, private sector
and civil society could be encouraged in future replications of this work.
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About the Clinton Global InitiativeEstablished in 2005
by President Bill Clinton, the Clinton Global Initiative (CGI) convenes global
leaders to create and implement innovative solutions to the world’s most
pressing challenges. CGI Annual Meetings have brought together more than 150
heads of state, 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of
foundations and NGOs, major philanthropists, and members of the media. To date
CGI members have made nearly 2,300 commitments, which have already improved the
lives of more than 400 million people in more than 180 countries. When fully
funded and implemented, these commitments will be valued at $73.1 billion.
CGI also convenes CGI America, a meeting focused on collaborative solutions
to economic recovery in the United States, and CGI University (CGI U), which
brings together undergraduate and graduate students to address pressing
challenges in their community or around the world. For more information, visit
clintonglobalinitiative.org and
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@ClintonGlobal and Facebook at
facebook.com/clintonglobalinitiative.