The summit, the first to be held in North America, will at the University of Illinois at Chicago April 23-25.
The event is expected to attract high profile leaders from around the globe. All former Nobel Peace Laureates will be invited to attend. It will be co-chaired by former Soviet President Mikhail Gorbachev and Walter Veltroni, the former mayor of Rome. Emanuel will serve as an honorary co-chair.
This event "has been held in Paris, it's been held in Berlin, it's been held in Rome," Emanuel said. "And they picked, in my view the most American city in America, Chicago."