Troubled Times Slash G-8 Aid Pledge
With the scent of the global financial crisis swimming in their nostrils, G-8 leaders pledged a mere $5 billion in aid to reduce deaths among African mothers and infants, a decrease of 90 percent in the funding promised five years ago at the group's meeting in Gleneagles, Scotland.
With the scent of the global financial crisis swimming in their nostrils, G-8 leaders pledged a mere $5 billion in aid to reduce deaths among African mothers and infants, a decrease of 90 percent in the funding promised five years ago at the group’s meeting in Gleneagles, Scotland. — JCL
Wait, before you go…Al Jazeera English:
Rich countries have shied away from making bold aid pledges at the G8 summit, mindful of their own tight budgets and past broken promises.
They pledged $5bn in aid over five years to reduce deaths among mothers and their newborns in Africa, at the summit in Toronto on Friday.
The amount is nowhere near the ambitious promise from five years ago to double aid by up to $50 billion by 2010.
The donors delivered only two-thirds, an estimated $18bn, of the money they agreed on at a 2005 summit in Gleneagles, Scotland.
If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.
Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.
Support Truthdig
Global Voices
Zimbabwe’s hydropower collapse is a harbinger of crises to come.
Europe
For the French President, recruiting various African intellectuals turned out to be a key asset in trying to shift the Françafrique narrative, while simultaneously protecting French interests on the continent.
Women
Emboldened by the overturning of Roe v Wade, Western conservative movements are dialling up their Africa campaigns
World
In the Horn of Africa, a climate-fueled food catastrophe looms.
Africa
We need to dispel the myth that billionaries are geniuses.
Africa
Lifting a ban on GMOs will not help food insecurity in Kenya.
There are currently no responses to this article.
Be the first to respond.