Diego Scotti on debt relief
From Hugh Evans, Luiza Sveiter, and Diego Scotti introduce Global Citizen NOW Rio | GC NOW Rio 2024 · · GlobalCitizen
“That campaign mobilized millions of people and targeted institutions like the World Bank, demanding debt relief for nations hit by climate disasters so they could focus on saving lives and rebuilding, not just repaying the loans.”
On , Diego Scotti, Executive VP & GM of Consumer Group at PayPal Holdings Inc, spoke about debt relief during Hugh Evans, Luiza Sveiter, and Diego Scotti introduce Global Citizen NOW Rio | GC NOW Rio 2024 on GlobalCitizen.
About Diego Scotti
On November 17, 2024, Diego Scotti, Executive Vice President and General Manager of the Consumer Group at PayPal and a Global Citizen board member, helped open the Global Citizen NOW conference in Rio de Janeiro. During the event, Scotti and other speakers relaunched the "Power Our Planet" campaign, calling for countries to set targets to end deforestation this decade and mobilize $1 billion for land protection and reforestation. The campaign also demands debt relief for nations hit by climate disasters and new international taxes on polluters, with resources directed to communities on the front lines of climate impacts. Scotti and his co-presenters highlighted past successes, including a commitment from World Bank President Ajay Banga to allow countries to pause debt repayments during climate-induced emergencies. They stated that the campaign is a movement powered by millions of voices and will engage citizens, artists, leaders, and advocates to hold decision-makers accountable ahead of COP30. Scotti acknowledged presenting and supporting partners, including Google and the Open Society Foundation, for their support in organizing the event.