G8 L'Aquila Chair's Summary

“They decided to implement a set of measures to help the most vulnerable to withstand the crisis: fulfil their ODA commitments, including on aid for trade; keep markets open to re-launch economic growth to the benefit of the poor; enhance transparency and competition among intermediaries to halve transaction cost of migrants’ remittances; strengthen partnership with Africa to improve access to water and sanitation; support innovative financing instruments for health; put agriculture and food security at the top of the agenda, by increasing multilateral financing to support comprehensive country strategies and improving coordination of existing mechanisms.”

“Leaders of 40 States and Heads of International Organisations convened to unite efforts for hunger eradication...They committed to mobilize US$ 20 billions over three years through the L’Aquila Food Security Initiative in support of rural development in poor countries. Leaders further promoted the advancement of the Global Partnership on Agriculture and Food Security, to keep agriculture at the core of the international agenda, re-launch investments and boost aid efficiency and in-country coordination, with the involvement of all relevant stakeholders.”