The Clinton Global Initiative will gather again to "make progress on great global challenges." Four action areas include:
Harnessing Innovation for Development
Technological, business, and organizational innovations that translate today’s social and environmental challenges into opportunities for development can be a critical source of economic value. Leading corporations are creating new products and services to meet worldwide demand for affordable, nutritious, and safe food; decent housing; capital; energy efficiency; and more.
In the absence of clean water, health facilities, housing, transportation, clean energy, and other vital systems, societies and businesses will not realize their full potential. Governments around the world are expanding their financial commitments to infrastructure, creating diverse investment opportunities and improving the quality of life for societies.
Building Human Capital
Businesses and societies require a healthy, well-educated, and properly trained workforce to thrive. Yet fundamental education and labor-market challenges threaten the well-being of global workforces. As the global community seeks to recover from an economic slowdown, job creation will be more important and challenging than ever. Fortunately, there are opportunities to be seized in emerging industries and markets, where jobs can be created in ways that also address social and/or environmental challenges throughout the supply chain.
Financing an Equitable Future
Despite the current economic crisis, investment opportunities are expanding in emerging markets that promise to contribute to sustainable economic growth and development worldwide. A new destination for capital is “impact investing,” which aims to generate financial returns in addition to social impact. Cooperation between the public, philanthropic, and private sectors is essential to build a sound financial infrastructure to support the growth of impact investing.
High-level political attendees will include Secretary of State Hillary Clinton (okay, no surprise there), Larry Summers, Valerie Jarrett and more than 30 current and former heads of state. From the financial industry, Goldman Sachs CEO Lloyd Blankfein and J.P. Morgan Chase CEO Jamie Dimon will be there, along with Cisco CEO John Chambers, WellPoint CEO Angela Braley, and Mexican investor Carlos Slim.
The Carlyle Group likes to keep their good name out of the media, but this is clearly their milieu. Having affiliate Booz Allen Hamilton as sponsor won't hurt Carlyle's global profit making goals. Connections like this drive 25% annual investment returns. Carlyle and its peers will profit handsomely from public-private partnerships. How will President Bill Clinton's Fifth Global Initiative further that aim? It's happening September 22-25 in the Big Apple.
Does anyone else find it ironic that Booz is paying for the Fifth?