Start by opening a world map image.
Create a circle using elliptical shape tool.
Move circle layer below the map layer in layer order in layer palette. Press Ctrl+Alt+G to create a clipping mask.
Ctrl+Click the circle layer thumbnail to get the selection.
From select menu apply modify>>contract. Contract the selection by 2 pixels. create a new layer and apply a black to white gradient in linear mode. Change the layer mode to screen.
Ctrl+Click the layer thumbnail to get the selection. Press Ctrl+Shift+I to inverse the selection. Press Delete.
Duplicate layer. Press Ctrl+I to invert the colors. Press Ctrl+T. Right click the layer and select flip vertical.
Reduce the opacity to 23%.
Select circle layer. Double click the layer to open layer style window. Apply layer style with the settings shown.
Create a rounded rectangle using rounded rectangle shape tool.
Enable add to shape area form the top bar.
Create another rounded rectangle using rounded rectangle shape tool.
Create a circle using elliptical shape tool.
Double click the layer to open layer style window. Apply layer style with the settings shown.
Duplicate the layer and place as shown.
Select and merge all the band layers. Press Ctrl+T. Right click the layer and select warp. Adjust nodes to get the shape as shown.
Type "Heal the world" at the bottom.
