G8 L'Aquila Chair's Summary

Sectors : Quality of aid, Agricultural investment and production, Aid volume, General health and health funding, International trade: market access, subsidies and aid for trade, Food security, Water and Sanitation
Organisation : G8
Date made: 
Heads Of State
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Commitments in: Financing for Development - Quality of aid

“...They reaffirmed their determination to implement the Accra Agenda for Action. Moreover, building on the Monterrey Consensus, they agreed to promote a comprehensive, "whole of country" approach, to ensure stronger policy coherence, and the mobilization of all actors, policies and financial resources... they published a preliminary accountability report and decided to develop a fully-fledged accountability mechanism to monitor progress and strengthen the effectiveness of their actions. A first accountability Report will be submitted at the Muskoka G8 Summit (Canada 2010).”


Commitments in: Financing for Development - Aid volume

“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.”