The Star (St. Lucia) - Business Week - - MONEY LAUNDERING - BY WORLD BANK GROUP

Wash­ing­ton D.C., United States of Amer­ica — The an­nual World Bank Group Youth Sum­mit will be held in Oc­to­ber 2018 un­der the theme “Un­leash­ing the Power of Hu­man Cap­i­tal”. The event which seeks to em­power youth to find their own in­no­va­tive ideas for de­vel­op­ment and pro­vide a plat­form for di­a­logue, will gather at­ten­dees from over 100 coun­tries. Ap­pli­ca­tions to par­tic­i­pate to the Youth Sum­mit Com­pe­ti­tion are to be sub­mit­ted by Oc­to­ber 9 and other ap­pli­ca­tions to at­tend the Youth Sum­mit close on Oc­to­ber 15.

Es­tab­lished in 2013, the Youth Sum­mit is an an­nual event held by the World

Bank Group (WBG) to en­gage with youth glob­ally on the most press­ing top­ics fac­ing their gen­er­a­tion.

The Sum­mit tar­gets young cit­i­zens be­tween 18 and 35 years and seeks to achieve mul­ti­ple ob­jec­tives:

The Sum­mit tar­gets young cit­i­zens be­tween 18 and 35 years and seeks to achieve mul­ti­ple ob­jec­tives

• to em­power youth to ex­plore in­no­va­tive ideas for tack­ling de­vel­op­ment chal­lenges,

• to pro­vide youth with the tools to build and en­gage in im­pact­ful projects,

• to pro­mote di­a­logue be­tween youth and the World Bank Group.

In 2017, the Youth Sum­mit gen­er­ated over 1,800 ap­pli­ca­tions and 400 par­tic­i­pants. 12,500 other per­sons were able to view the Sum­mit on­line. This year, the sum­mit will take place un­der the theme: “Un­leash­ing the Power of Hu­man Cap­i­tal”.

It is glob­ally rec­og­nized that the “hu­man cap­i­tal”, also known as “hu­man tal­ent” which in­cludes the skills, knowl­edges and ex­pe­ri­ence of a pop­u­la­tion, forms a key com­po­nent of a coun­try’s com­pet­i­tive­ness. Hence, the event will pro­vide youth with a fo­rum to share their ideas and learn from one an­other, en­cour­ag­ing the cre­ation of in­no­va­tive and eq­ui­table ini­tia­tives and the de­vel­op­ment of ca­pa­bil­i­ties re­quired in the ever-evolv­ing fu­ture.

The event in­cludes two com­po­nents, namely the Youth Sum­mit Com­pe­ti­tion for which in­di­vid­ual par­tic­i­pants or teams of 1 to 4 per­sons are in­vited to sub­mit an idea that con­trib­utes to build­ing hu­man cap­i­tal, and the World Bank Group Youth Sum­mit that will gather youth pas­sion­ate about in­vest­ing in hu­man cap­i­tal.

Young per­sons in­ter­ested in tak­ing part in the event are in­vited to sub­mit their ap­pli­ca­tions for the Youth Sum­mit Com­pe­ti­tion be­fore Oc­to­ber 9. Ap­pli­ca­tions to at­tend the World Bank Group Youth Sum­mit close on Oc­to­ber 15.

For more in­for­ma­tion, visit the fol­low­ing web­site: World Bank Youth Sum­mit 2018.

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