GENEVA—Kofi Annan has announced that his Global Humanitarian Forum will close because of a lack of funds.
The former U.N. Secretary-General said Wednesday that the Geneva organization he founded in 2007 was unable to raise enough cash to stay afloat because of the global economic crisis.
He says the Swiss government would assume the forum's debts when it closes. Annan says "it is a great disappointment to all of us that this promising project had to end this way."
Beside financial problems, the forum was unable to define itself in three years of existence.
Its most concrete project was to install weather data collectors on mobile phone towers in Africa to provide better climate data to impoverished communities.