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by simongalton on 23 March, 2009
I thought you might like to hear about Liberal Democrat proposals for the G20 summit in
Simon
“The global financial crisis has created a real emergency for the world and the G20 summit must respond to prevent a deep and protracted recession. But this emergency is not just happening in the
The Liberal Democrats believe that the G20 summit offers the opportunity for the international community to re-vitalise its commitment to development. We have set out a paper which outlines the development priorities and calls for the adoption of a ‘G20 Compact’ to achieve them.
Delivery of the outstanding aid pledges from the Gleneagles G8 and a route map to reach the UN’s 0.7% ODA target are just the first step. The
We also want to see action on social protection with extra funding for vital services such as the World Food Programme and the establishment of a global fund to support developing country welfare systems. And as private capital becomes scarce we want development finance institutions to be given emergency grants to allow them to invest in and support viable businesses in the developed world.”
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