Press Release (21 January, 2017)
Paris Mayor Ms Anne Hidalgo and Nobel Laureate Professor Muhammad Yunus met in Davos to discuss and announce their partnership to bring social business to Paris.
Paris Mayor Ms Anne Hidalgo and Nobel Laureate Professor Muhammad Yunus addressed a joint press conference at the World Economic Forum in Davos, Switzerland to announce the agreement signed between the City of Paris and Yunus Centre to bring social business to the city of Paris to tackle pressing social problems of the city including youth unemployment.
Mayor Hidalgo has put the three zeroes defined by Professor Yunus - zero poverty, zero unemployment and zero net carbon - as the central themes of Paris's bid for the 2024 Summer Olympics. Professor Yunus and Mayor Hidalgo were joined by CEOs of leading French companies Hotel Accor, Suez, and JCDecaux who are also supporting Paris' bid for the the 2024 summer games.
During the press conference Mayor Hidalgo recommitted to social business as part of the Olympic bid but also the longer term strategy of Paris City.
Professor Yunus said the collaboration between the City of Paris and Yunus Centre is about long-term relationship with Paris to overcome the social problems through social businesses. If Paris is chosen for 2024 Olympic Yunus will participate fully in the Olympic preparations to give highest orientation to all aspects of construction designs and services for Olympic. Yunus social business, however, would continue regardless of the outcome of the city's bid.
This long term relationship will be built on social businesses in the city to tackle problems of the city including youth unemployment, problems of refugees, elderly people, and issues relating to retired athletes and how they can continue to contribute in an effective way to society.
In October 2016, Paris Mayor and Professor Yunus jointly inaugurated Les Canaux a historical building built in the 1800s and in the 19th arrondisement of Paris as a social business house as a hub to bring entrepreneurs to design social business for the city. Yunus Centre has been invited by the Mayor to set up its office in this building.
The City of Paris is also co hosting Global Social Business Summit (GSBS) 2017 with Yunus Centre and Grameen Creative Lab on November 6-7, 2017 in Paris, and has dedicated the town hall and other facilities in the city to be used for various sessions of the Summit.