G20 London Global Plan for Recovery and Reform, 2 April 2009

Sectors : Aid volume, International trade: market access, subsidies and aid for trade, Debt relief
Organisation : G20
Date made: 
2009
Level: 
Heads Of State
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Commitments in: Financing for Development - Aid volume

“25. We are determined not only to restore growth but to lay the foundation for a fair and sustainable world economy. We recognise that the current crisis has a disproportionate impact on the vulnerable in the poorest countries and recognise our collective responsibility to mitigate the social impact of the crisis to minimise long-lasting damage to global potential. To this end:

• we reaffirm our historic commitment to meeting the Millennium Development Goals and to achieving our respective ODA pledges, including commitments on Aid for Trade, debt relief, and the Gleneagles commitments, especially to sub-Saharan Africa;

• the actions and decisions we have taken today will provide $50 billion to support social protection, boost trade and safeguard development in low income countries, as part of the significant increase in crisis support for these and other developing countries and emerging markets;...”

Scope: 
International