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Global leaders point way to economic recovery at UN summit

Gordon Brown, Mary Robinson and global CEOs call for sustainable financial sector reform

Washington D.C., 20 October 2011 – With economic recovery topping the United States and global political agenda, a group of CEOs, major investors and bankers together with former United Kingdom Prime Minister Gordon Brown and President of Ireland Mary Robinson called for a far-reaching reform of the global financial system at a summit which ended in Washington D.C. today.

Amid a growing wave of protests highlighting economic concerns in countries from the US to the UK, Japan and Greece, more than 500 senior finance executives and policy-makers from around the world met at the United Nations Environment Programme Finance Initiative Global Roundtable (UNEP FI) summit to find sustainable solutions to tackle the drivers of market volatility and address the deepening rift between the rich and the poor.

Mary Robinson, Ireland’s first female president, has called on organisations and companies to leverage on CSR for improved growth and development of emerging economies like Nigeria’s. Her actions are sustained by the fact that she describes Corporate Social Responsibility (CSR) as a key driver to the future of the African economy.
She added that the emerging business environment in Nigeria is the one to look out for in the future of the emerging economies.