He made the call while addressing the 10th One Young World Summit that took place in London on October 22-25, said a Yunus Centre press release on Tuesday.
The One Young World is a leading forum for youths which annually brings together over 2000 young leaders and change-makers from over 190 countries to interact with counsellors who are prominent persons around the globe, as a way to accelerate social change.
The opening ceremony of the Summit was held at the Royal Albert Hall in London on October 22 where mayor of London Sadiq Khan made the opening address.
The Duchess of Sussex, Royal Highness Meghan Markle was the guest of honour at the event where former President of Ireland, Mary Robinson, musician and activist, Bob Geldof were also present.
Prof Yunus addressed a plenary session titled "Poverty Alleviation: Can innovation solve economic inequality?" advising the young people to envision the world they want to create to challenge the existing institutions and policies that are failing to address the climate crisis and unequal distribution of wealth.
Other celebrities who addressed the event were founder of Virgin Group Sir Richard Branson, former Prime Minister of Norway Gro Harlem Brundtland, First Lady of Colombia María Juliana Ruiz, former UN Under Secretary Michael Møller, former British Prime Minister Sir John Major, Environmentalist Dr Jane Goodall, five-time Paralympic Champion Ellie Simmonds and Co-Founder of Twitter Biz Stone.
British author JK Rowling gave a keynote address to the delegates.
At the closing session, Prof Yunus was invited to announce the venue of next year’s One Young World Summit to be held in Munich and invite the Deputy Mayor of Munich Manuel Pritzl on stage to make the welcome speech, thereby bringing this year’s Summit to an end.