Tianjin, People’s Republic of China, 12 September 2014 – Following a three-day Annual Summit programme of experiential learning and leveraging People Science to connect and inspire creative brainstorming, members of the World Economic Forum’s Community of Young Global Leaders (YGLs) have sparked new collaborations to deal with the world’s key challenges. More than 360 YGLs spent the last week in Beijing and Tianjin, People’s Republic of China, to work out ways that they can join forces to use their talents, experience and networks to scale up practical workable solutions.
The Annual Summit convenes YGLs from all regions of the world to work out new, innovative ways to solve global challenges. The community provides its members with a peer network that challenges them to better their leadership for common good. Now in its tenth year, the YGL community is made up of outstanding, “next-generation” entrepreneurial leaders who are making a serious impact in the world.
The following are a few of the nearly 30 collaborations incubated during the summit. They are in their early stages but include:
Each year millions of people around the world lose their lives because there is no ambulance service. At the Annual Summit, YGLs committed to pursuing one global response system for emergency medical treatment. This initiative will bring together the technology, training and critical steps for launching a coordinated global system on emergency treatment.
The initiative on stolen antiquities, for example, will bring together all players and stakeholders in the value chain in the antiquities market (business, policy, finance, culture and museums).
Other YGLs are developing a social credits mechanism to incentivize investments in social impact and economic development. It will be structured around the credits system under the Kyoto Protocol for carbon emissions. The collaboration looks at the potential of financial markets to play a more meaningful role in bottom-up economic development.
“By integrating People Science into the way we bring together Young Global Leaders at our Annual Summit, the Community has been given the platform to incubate their individual ideas and initiatives into collaborative impact that can transform many of the world’s challenges,” said John Dutton, Head of the Forum of Young Global Leaders.
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