Page 26 - THE SOUTH CHINA BUSINESS JOURNAL
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MMUNITY NEWS

24 Winners of Oslo Business for Peace
Award call to build back better business
in the Global South
– A joint call for building businessworthy action
for the Global South

In an open letter issued on June 30th, 24 Oslo accomplishments. The award is given by the
Business for Peace Award winners from 20 Award Committee of Nobel Laureates in Peace
countries called to build back better business in and Economics to business leaders who ethically
the Global South in the wake of the COVID-19 and responsibly solve societal problems that
pandemic. With significant capital outflows, create value both for business and society.
export barriers rising, and unemployment
increasing, COVID-19 is widening the social and
economic gap in the Global South.

Ouided Bouchamaoui, Nobel Peace Prize Richard Branson with fellow Honouree Selima Ahmad - the Vice
Laureate (Tunisia), Paul Polman, former Chairperson of the Nitol-Niloy Group. Courtesy of the Business
Chairman of Unilever and Honorary Chair for Peace Foundation
of the International Chamber of Commerce
(Netherlands), Sir Richard Branson, Founder
and Chairman, Virgin Group (UK), and Harley
Seyedin, President, Allelon Energy Systems are
among the 24 international business leaders and
signatories of the call to action working to address
these challenges. These signatories are also past
recipients of the Oslo Business for Peace Award
– the highest award an individual business
leader can receive, for their businessworthy

The 23 signatories urgently call for:

1. Immediate debt cancellation and increased investment linked to a green and socially equitable recovery.
2. Increased global co-ordination, especially avoiding export barriers on personal protective equipment and

maintaining fair and efficient markets for both the Global North and the South.

3. Investment in and support for SMEs, ensuring employment especially for underserved communities.
4. Global co-ordination on strategies for financial investment and income transfer to strengthen the

participation of women in the economy and the job market.

5. Increased attention to racial harmony, integration and inclusion.

By some estimates, the consequences of the pandemic are that 265 million people will suffer acute food
shortages, 0.5 billion people may be pushed back into poverty and women are disproportionately negatively
affected.

23 AMCHAM SOUTH CHINA
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