And yet, they are not investing in the foundational resource that underpins all our 21st century economies — independent, verifiable information. The High-Level Panel on Public Interest Media, including two Nobel laureates, was formed to assess the economic and social implications of the crisis confronting public interest media globally. While donor support for public interest media has always been low, it is now dwarfed by the amount invested by autocratic actors on propaganda. First, governments should invest in the new models needed to incentivize, support and safeguard free and independent media. In a few weeks, the Presidents of France and Ghana will host an International Conference to strengthen the response to the global information crisis.