Former President Bill Clinton has announced that the fifth annual meeting of the Clinton Global Initiative, September 22-25, will focus on four major global challenges — education, energy and climate change, global health, and poverty alleviation.
In addition, this year's event will include four "action areas" to help focus the program and create targets for CGI members as they make commitments to achieve positive, measurable improvements related to urgent global problems. The action areas for 2009 will be harnessing technological, business, and organizational innovation for development; strengthening infrastructure; developing human capital; and financing a sustainable future by generating both financial returns and social impact, or "impact investing." According to Clinton, cooperation between the public, philanthropic, and private sectors is essential to building a sound financial infrastructure to support the growth of impact investing.
Many current and former political and business leaders have confirmed their attendance at the 2009 CGI event, including U.S. Secretary of State Hillary Clinton, National Economic Council director Larry Summers, presidential advisor Valerie Jarrett, and the CEOs of Wal-Mart, JPMorgan Chase, Nissan Motors, Coca-Cola, PepsiCo, Goldman Sachs, Wellpoint, and Cisco Systems. "I am looking forward to working together with some of the world's most forward-looking CEOs, leaders from government, and innovative nonprofits to make progress on the great global challenges," said Clinton. "Through our annual meeting, CGI members have made upwards of 1,400 commitments that have already impacted more than 200 million people in 150 countries. I am excited to see what this year's annual meeting will bring."