Who leads now? At the Clinton Global Initiative 💡
Yesterday, the UAE participated in the Clinton Global Initiative (CGI) Annual Meeting for a special Leaders' Stage spotlighting the people shaping the future and elevating bold ideas, new partnerships, and practical solutions that can drive meaningful change.
Eurasia Group’s Ian Bremmer and HE Balalaa discussed the scale of the water investment challenge - and the need for governments, development institutions, investors, and the private sector to work together to mobilise long-term capital and innovation needed to build a more resilient future for water and all interrelated industries.
HE Balalaa set out the scale of the issue: 2.1 billion people without safe sanitation, 3.4 billion in water-scarce conditions, and 700 million at risk of displacement. The financing gap reaches $6.7 trillion by 2030, yet over 90% of developing-world water spending is public money.
His fix: governments provide the regulation, MDBs provide de-risking mechanisms, and private capital follows - and technology transforms.
The “Who Leads Now?” session also included Mia Mottley, the Prime Minister of Barbados, Alex Soros of the Open Society Foundation, and Governor JB Pritzker of Illinois.
CGI’s Annual Meeting brings together leaders from government, business, philanthropy, and civil society to accelerate action across the world’s most pressing challenges.
