Sep 16, 2019

Global Citizen plans "Live Aid"-style concert across 5 continents in 2020

Chris Martin of Coldplay performs at the Global Citizen Festival in Hamburg in 2017. Photo: Christian Augustin/Getty Images

Global Citizen — in partnership with Teneo, the global CEO advisory firm — will announce Monday a 10-hour, five-continent philanthropic concert on Sept. 26, 2020 that aims to be the largest and most viewed "cause event" ever.

Why it matters: The concert will culminate a yearlong "Global Goal Live: The Possible Dream," a drive to raise billions from philanthropy, business and governments toward UN Global Goals in the world’s poorest 59 countries.

  • The goals: "Help end extreme poverty, tackle climate change and reduce inequality."

The context: "Global Goal Live" is billed as a digital-age successor to Live Aid, the celebrity-studded, transcontinental, 16-hour concert for African famine relief in 1985 — 34 years ago.

  • The finales were Band Aid's "Do They Know It's Christmas?" at Wembley Stadium in London, and USA for Africa's "We Are the World" in Philadelphia.

Global Citizen, aimed at helping millennials use their collective voice to end extreme poverty by 2030, has drawn tens of thousands of attendees and millions of online and TV viewers to Global Citizen Festivals around the world.

  • Global Citizen CEO Hugh Evans said in a statement: "Live Aid took place in 1985, well before the advent of social and digital media. The platforms that exist today can enable us to reach every corner of the planet."

Go deeper: Experiencing a music festival with tech upgrades

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Poverty is still a huge problem in America

Data: U.S. Census Bureau; Chart: Naema Ahmed/Axios

You might have heard that the poverty rate in America has finally fallen below its pre-recession level — but what has been less reported is that the number of Americans living in poverty is still higher than it was in 2007.

Why it matters: It's even higher than it was in 1964, when the War on Poverty began.

Go deeperArrowSep 21, 2019

UN report: Climate change causes and impacts are increasing

Children on melting ice at the climate-change impacted illage of Napakiak on the Yukon Delta in Alaska in April. Photo: Mark Ralston/AFP/Getty Images

As world leaders gather in New York City for the United Nations Climate Action Summit Monday, a UN report warns climate change is accelerating — with the Earth on track for the warmest 5-year period on record.

"Climate change causes and impacts are increasing rather than slowing down. Sea level rise has accelerated and we are concerned that an abrupt decline in the Antarctic and Greenland ice sheets, which will exacerbate future rise. As we have seen this year with tragic effect in the Bahamas and Mozambique, sea level rise and intense tropical storms led to humanitarian and economic catastrophes."
— World Meteorological Organization Secretary-General Petteri Taalas
Go deeperArrowSep 23, 2019

Economists see sustained low growth, but no recession

Illustration: Aïda Amer/Axios

The Organisation for Economic Co-operation and Development (OECD) became the latest international economic organization to cut its global growth forecast, announcing Thursday that it's dropping expected growth to 2.9% this year, the slowest since the financial crisis.

Why it matters: The designation follows similar moves from the International Monetary Fund, World Bank and a slew of central banks and ratings agencies that slashed their estimations for the world's economic growth this year as data continues to worsen.

Go deeperArrowSep 20, 2019