‘Global Citizen’ Partners ‘Power Our Planet’ To Drive New World Financial Systems

Global Citizen, together with Power Our Planet’s supporters, are calling for a seismic shift in the way the world’s financial systems work. They are urging governments, development banks, philanthropists and major corporations to give the world’s poor and developing nations access to the financing they urgently need to quicken their transition to clean energy, strengthen defenses against natural disasters, and more rapidly, invest in critical health, food, and education programmes for their populations.

Power Our Planet is expected to galvanise millions of global citizens around the world to take action, raise their voices and demand urgent changes from world leaders, starting with delivering on the financing promises they’ve already made, including closing the $16.7 billion dollars climate finance gap outstanding, from the Paris Agreement.

The campaign will amplify their calls for action through advocacy initiatives, activations, and live events. Inflection points throughout this year will include the G7 summit in Hiroshima, Japan in May; the New Global Financial Pact Summit in Paris, France in June; the G20 summit in New Delhi, India, in September; Global Citizen Festival during the United Nations General Assembly in New York City, USA, in September; and COP28 in Dubai, UAE in November.

Hugh Evans, Co-Founder & CEO, Global Citizen says “Power Our Planet” is a coalition of governments, leaders across sectors, global citizens, artists and activists, and together we’re demanding that it’s time for accountability on past promises and bold, new commitments from world leaders. We have a clear message for the heads of the World Bank and the IMF – it’s time for major institutional reform.”

“We call on all institutions, including the World Bank, to release the funds necessary to help the world’s poorest countries to adapt to transition, and to withstand the climate crisis, not tomorrow but NOW,” said Mia Mottley, Prime Minister of Barbados. “The leaders of wealthy countries must step up and pay up on the $16 billion of climate financing they have promised if we are to help save the planet and save lives. The climate crisis is our reality, and adaptation is key.”

Power Our Planet’s coalition of supporters also includes leading activists, philanthropic foundations, non-profit organisations, and private sector leaders, including Dr. Rajiv Shah, President, Rockefeller Foundation; Mark Malloch Brown, President, Open Society Foundations; Benedict Oramah, President of AfreximBank; Dr. Tedros Adhanom Ghebreyesus, Director-General of the World Health Organisation and several others.