Towards a Global Impact Economy: Letter to G20 Leaders #GlobalImpactEconomy
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The traditional economic system has many advantages, but it has also contributed to increasing inequity, to the extent that the top 1% of the population now own two-thirds of global wealth. In addition the environment continues to be seriously threatened, and more corruption is being uncovered that was always there. In this context, building a sustainable and inclusive future demands urgent redesign and change.
For this reason, a group of global organizations have joined together to write an Open Letter to governments of G20 member countries. The purpose of the document is to demonstrate, with concrete actions, that millions of people can be part of global scale solutions. Given that our world leaders will meet this month to discuss the global economy, we call on them to recognize and address the fact that today's economy is not aligned with many of the real needs of society and the planet.
We need the economy to always have a positive impact on people and the planet
1. Create a working group, as part of the G20 structure, to propose net positive impact economic policies.
2. Create mechanisms and a legal framework in all G20 countries for establishing ‘for-benefit” corporations.
3. Convene Leaders of global businesses, funds and NGOs to work with G20 governments over the long term on economic transition.
We invite you to join with your signature and echo this call.
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