Leaders of the Group of Eight rich nations are set to backtrack on their landmark pledge at the Gleneagles summit in 2005 to increase development aid to Africa to $25bn a year.
A draft communiqué obtained by the Financial Times, due to be issued at the group’s July summit in Hokkaido, Japan, shows leaders will commit to fulfilling “our commitments on [development aid] made at Gleneagles” – but fails to cite the target of $25bn annually by 2010.
This goal – which was repeated at last year’s G8 summit in Germany – was seen as an important boost for Africa. The ambitious plan was a cornerstone of former UK prime minister Tony Blair’s G8 presidency and championed by his successor, Gordon Brown.
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