In the current wave of globalization, the world economy has experienced one of its most dynamic expansions ever. World trade has increased, the global stock of foreign direct investment has grown, the number of multinational corporations increased multifold, the number of patents reached a record; all translating into higher family incomes, millions of job opportunities and unprecedented scientific and human progress. Globalization has also contributed to growing inequalities wherein a small percentage of adults in this world own a major portion of global assets. Inequality is the trade-mark of whole regions like Latin America and Africa. In China and India, income inequality has been growing in parallel to the liberalization of their economies.

We are witnessing amazing transformations where traditional economic theories falter, geo-economic power is shifting and national challenges are becoming increasingly international. This requires a global collaborative response; a new role for multilateral organizations; a stronger global engagement by influential think-tanks.

Globalization is testing our collective talent. If we want to build a more sustainable world for future generations, we have to work together. Challenges of our day are to transcend geography, religion, gender, in order to work together on world’s most pressing challenges like climate change and the future of energy, poverty, health, education, terrorism. Solving global issues requires innovation, research & development, increased application of science & technology in a global context.

Education is crucial to turn globalization into a more inclusive process. (For more in-depth information about inclusive processes, cultural responsiveness and establshing equitable environments, see our partner’s sites the Equity Alliance at ASU and LeadScape and look for our ads on Google Adwords, thanks to a generous gift from Google.) In the age of the information society and the knowledge economy, education is the key to social progress. We believe that high-school students in the age group of 14 to 17, comprise a vibrant group, with high potential to contribute to sustainable development in coming years & generations. This group has the intellect, capacity and eagerness for radical thinking and they are fast learners. They are growing in a technology savvy environment and can make best use of emerging technologies to solve global issues. We need to invest in this group in order to enhance their skills in the areas of science, technology, participatory learning, collaboration, working in virtual teams that transcend various boundaries. In this group, we also need to help create awareness, develop a sense of ownership, responsibility and commitment towards solving global issues. Dedicating resources to these cause, will in turn enable sustainable development worldwide and help combat global issues.

In 2005, Craig DeLuca, of¬†The Arno Group,¬†established an innovative nonprofit, Global Challenge Award, with a mission to “Provide Students the Tools and Confidence to Solve Global Problems Together.” The nonprofit was founded in close collaboration with Domenico Grasso of University of Vermont, College of Engineering and Mathematical Sciences.

By forming international teams to solve the global challenge of “Climate Change and the Future of Energy,” students learn that the future belongs to those with skills in science, technology, systems thinking, and most important, experience in global collaboration and communication. Global Challenge Award empowers students to believe that they can make a difference not only on their own lives and national economies but on the planet itself.