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Voice of Global South summit: Yunus calls for redesigning financial system

Business Standard LogoBusiness Standard4h ago

Voice of Global South summit: Yunus calls for redesigning financial system - Business Standard

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Muhammad Yunus, Chief Advisor of the Bangladesh government, on Saturday called for redesigning the financial system in the Global South to ensure wealth is shared by all and asserted that combining entrepreneurship with social business can create miracles.

If we give an important place for social businesses, that is businesses which are created solely for fixing social and environmental problems, the 84-year-old Nobel laureate said, adding, that it can set a path to create a world of three zeros zero net carbon emissions, zero wealth concentration, and zero unemployment.

Yunus was addressing the Third Voice of Global South Summit' being hosted virtually by India.


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Category: BusinessFinance

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Article Type: News Report

Published On: 2024-08-17 @ 17:36:39 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 539 words

Reading Time: 3 minutes read

Sentences: 22 lines

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Copyright Owner: © Business Standard

News ID: 22115694

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