G8 Kananaskis Africa Action Plan

Sectors : Aid volume
Organisation : G8
Date made: 
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Commitments in: Financing for Development - Aid volume

“...9. In support of this strong international consensus, substantial new development assistance commitments were announced at Monterrey. By 2006, these new commitments will increase ODA by a total of US$12 billion per year…Assuming strong African policy commitments, and given recent assistance trends, we believe that in aggregate half or more of our new development assistance could be directed to African nations that govern justly, invest in their own people and promote economic freedom. In this way we will support the objectives of the NEPAD...

...10. We will pursue this Action Plan in our individual and collective capacities, and through the international institutions to which we belong…We will take the necessary steps to ensure the effective implementation of our Action Plan and will review progress at our next Summit based on a final report from our Personal Representatives for Africa.”