G8
From poverty of ambition to ambition on poverty: what the G8 finance ministers must do in Essen to support Africa’s development
The challenges of G8 meeting in Germany
Authors:
T. Sharman; P. Watt
Publisher:
ActionAid International, 2007
This ActionAid report discusses the opportunities and challenges it sees for the German government to put the G8 at the forefront of the global fight against poverty and environmental destruction during meeting in Essen later this year.
ActionAid believes the G8 finance ministers must seize the opportunity to make progress in six key areas:
- commit to a clear financing plan to fund the target of universal access to prevention, treatment and care for HIV and AIDS, which they agreed in 2005
- halt negotiations on the current Doha global trade deal and work to put sustainable development at the heart of the World Trade Organization (WTO) mission
- enact new domestic laws to ensure that trans-national corporations are held to account for their actions in poor countries
- end the double-counting of aid and debt relief and remove illegitimate economic
- policy conditions attached to their disbursal
- push for root and branch democratic reform of the International Monetary Fund and World Bank
- tackle climate change by setting annual targets to cut carbon emissions and providing new funds to help poor countries to adapt to it
