Global Citizenship Report 2017

In 2017, CCD supported the most comprehensive EITC program in Los Angeles County to date. The Free Tax Prep Los Angeles Campaign, a joint initiative between the city and county of Los Angeles, CCD and community partners, launched in February 2017 to facilitate access to free tax preparation services and the EITC for eligible filers. Los Angeles is home to 60 percent of California’s eligible EITC filers, yet families leave over half a billion dollars of unclaimed tax credits on the table every year . 14 The Future of Work There are more than 1.2 billion young people around the world, with over 150 million working but still living in poverty, and 71 million unemployed. New approaches are needed to help young people develop the agile and versatile skill sets necessary to compete for meaningful, stable employment opportunities and be effectively prepared for the rapidly evolving job market of the future. Through our Pathways to Progress initiative, Citi and the Citi Foundation help to deliver on SDG target 8.6 , which aims to substantially reduce, by 2020, the proportion of youth not in employment, education or training. Pathways to Progress Citi and the Citi Foundation are committed to preparing young people for today’s competitive job market through our Pathways to Progress initiative. In 2017, the Citi Foundation doubled down on its dedication to this cause with a new three- year, $100 million commitment — the largest philanthropic commitment in the Foundation’s history. This builds on its previous $50 million effort in the U.S., which helped over 100,000 young people become career-ready and employable. With the Foundation’s new $100 million commitment, they are aiming to reduce youth unemployment in cities around the globe and are partnering with community organizations and municipal leaders to connect 500,000 young people around the world to jobs, internships, business training and leader- ship development. Citi is also mobilizing 10,000 Citi employee volunteers to serve as mentors and coaches and provide professional advice to help young people move toward their career goals. The expansion of Pathways to Progress also addresses the findings of a recent Citi Foundation-funded global youth study: Global Youth Survey 2017: Economic Prospects & Expectations . The study, conducted by Ipsos, polled more than 7,000 young people in 32 countries and found that, despite political, economic and social upheaval, young people around the world are optimistic about their career prospects, but face the reality of limited opportunities and a skills mismatch for many avail- able jobs. Through these efforts, the Citi Foundation aims to help bridge that skills divide and ensure that young people are well positioned to enter the workforce. See pages 110-113 for more information on the impact of Pathways to Progress. SDG SPOTLIGHT: GOAL 8 Decent Work and Economic Growth WHAT’S AHEAD Cross-sector partnerships remain an effective way to tackle a myriad of social and economic obstacles that prevent low-income communities and families from achieving financial security. We will continue to learn about and invest in the visions of NGOs that act as change agents in their communities and share what’s working and what’s not to accelerate progress in other communities. We will also work with munic- ipalities and help support efforts that inform and improve service delivery and resident engagement to help cities run more effectively and provide economic opportunity for all. Citi 2017 Global Citizenship Report 109 CONTENTS    INTRODUCTION    HOW WE DO BUSINESS    SOLUTIONS FOR IMPACT     APPENDICES Environmental Finance    Inclusive and Resilient Communities