Bloomberg has announced that the inaugural Bloomberg Global Business Forum will convene heads of state and global CEOs to discuss ways to advance trade and economic growth as well as solutions to social and environmental challenges.
Launched by Bloomberg Philanthropies founder and former New York City mayor Michael R. Bloomberg, the one-day event will be held on September 20 during the United Nations General Assembly meeting and will feature a range of discussions, including the role of public-private partnerships in creating and expanding prosperity, fostering innovation, and advancing social progress; understanding the changing rules of globalization; the emergence and implications of new business models; and multilateral solutions to urgent global challenges such as climate change and mass migration.
As an added bonus, the event will feature a star-studded lineup of speakers, including former President Bill Clinton, Bill & Melinda Gates Foundation co-founder Bill Gates, UN secretary-general Antonio Guterres, World Bank president Jim Yong Kim, International Monetary Fund managing director Christine Lagarde, Dangote Industries president and CEO Aliko Dangote, Alibaba Group executive chair Jack Ma, PepsiCo chair and CEO Indra K. Nooyi, and Carlyle Group co-founder and co-CEO David M. Rubenstein. More than thirty global leaders representing nations ranging from Antigua and Barbuda to Zambia are expected to attend.
The one-day event is inspired by the Bloomberg U.S.-Africa Business Forum, which in 2014 and 2016 brought business leaders together with heads of state from every African nation, and the Clinton Global Initiative, which held its final annual meeting, after a more than ten-year run, during the UN General Assembly meeting last September. In announcing the end of the annual CGI gatherings, Clinton noted that "[t]he commitment model has been adopted by other forums and I hope that more will do so, or that new organizations will arise to do this work" — a friendly challenge that Bloomberg appears to have accepted, Quartz reports.
"Global trade and investment are the most powerful forces we have for reducing poverty and spreading opportunity — but too often, business and government leaders don't realize how they can help each other," said Bloomberg. "The Africa Summit we hosted demonstrated how much can be gained by bringing the two groups together, and the annual meetings held by the Clinton Global Initiative showed the incredible opportunity the UN General Assembly week presents for forging new partnerships. The forum will be a great opportunity for heads of state and CEOs to speak directly with one another about ways they can work more closely together."