Global Coalition on Aging  

Frequently Asked Questions

What is the Global Coalition on Aging?
Why has the Coalition come together now?
Why is the Coalition different from other groups?
What will the Coalition do?
In what sense is the Coalition "global?"
What is your budget?
How is the Coalition funded?
Where is your headquarters?
Will you lobby governments?
What policies will you advocate?
Why is this coalition necessary?



What is the Global Coalition on Aging?
The Global Coalition on Aging is a pioneering initiative striving for innovative solutions and public policies that address global aging. We are focused on developing and promoting solutions that draw on innovative corporate strategies. We will partner with stakeholders across society and work with governments and policy elites to promote changes essential for adapting to the demographic shift caused by global aging.

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Why has the Coalition come together now?
Population aging is the most important global challenge of the millennium. Globally 450 million baby boomers turn 65 in next two decades. In the U.S. alone, the number of people over 65 will double from 40 million, or 13 percent of the population today, to 89 million, or one in every five Americans, by 2050. The implications of these demographic realities call for far-reaching work, lifestyle, business and governmental changes that extend to virtually every aspect of society and business. We need effective solutions now to ensure our fiscal sustainability in the coming decades.

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Why is the Coalition different from other groups?
The Global Coalition on Aging is driven by the optimism brought about by the longevity revolution. Until now, we've been asking the wrong questions. Rather than, "How do we afford higher health and welfare costs," it should be, "What are the opportunities? How should we plan differently? How do we preserve and transfer knowledge? Can we enhance workforce and productivity?" Our member companies bring a unique and diverse range of expertise that will allow us to address aging issues from a more comprehensive and global perspective.

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What will the Coalition do?
We are building a strategic plan of action for leaders in government, business and society. Over the next three years, the Coalition will roll out this plan in four key areas:

  • Education and work
  • Financial planning and security
  • Health and wellness
  • Technology, innovation and biomedical research
  • To build our plan and drive action, we will commission research, provide forums and platforms to develop policy, engage with global organizations and policymakers, and develop specific action steps for change.

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In what sense is the Coalition “global?”
The Coalition's membership is global and broad-based in geographical and industry representation, and we plan to grow our membership to reflect even greater diversity in the future. We seek to serve aging populations from all geographies and socioeconomic backgrounds and understand how aging affects the developed and developing worlds differently. In addition, our comprehensive approach lends to seeking varied applications for different socioeconomic segments (e.g., laborers versus office jobs).

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What is your budget?
As a private initiative, we do not disclose financial information.

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How is the Coalition funded?
The Global Coalition on Aging is funded through membership dues.

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Where is your headquarters?
Our executive leadership office is in New York City; we operate globally through our geographically diverse membership base.

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Will you lobby governments?
No. Our goal is to shape the public dialogue to increase the understanding of policy decisions that affect aging populations. As part of this effort, the Coalition may be required to communicate with governments and the stakeholders and organizations that inform those governments.

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What policies will you advocate?
The Coalition will advocate for policies that recognize the challenges brought on by the increase in aging populations and the shifting proportion of working- vs. retirement-age populations. We will support government and workplace policies that promote funding of health-related diseases, healthy living, new ways of saving and retiring, working beyond the traditional "middle age," and technology and innovation to increase productivity into the "new middle age."

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Why is this coalition necessary?
No other organization combines corporate leadership and innovative solutions to advance the aging debate on a comprehensive level. Our members companies, which represent various industry sectors including health, pharmaceuticals, technology and financial services, coupled with the unique expertise of our leadership, give the Global Coalition on Aging a perspective that views aging as an opportunity for productivity, value creation and wealth enhancement. We will collaborate with many existing organizations already engaged in aging, but we will operate where gaps exist and additional value can be created.

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