Dec 23, 2014, 10:56 AM
Despite the fact that at this year's meeting they pledged 10 billion in food aid several reports published during the last two years show the extent of the financial shortfall. One report is from the organisation established by Bono and Bob Geldof, Debt AIDS Trade Africa, or DATA. The DATA report monitors how the G8 countries are falling short of the commitments it promised to deliver-$25 billion a year in development aid by 2010.
It notes: "Collectively, the G8 are badly off track with
their development assistance promise to
Yet again the poorest nations of the world have been fed a diet of lies by the worlds wealthiest nations. It is increasingly clear that promises to "make poverty history" are nothing more than hot air.
This point is all too clearly highlighted by a report in the
What the wealthy nations of the world value is money. They care nothing for the plight of their fellow human beings in the world's poorest nations. This is exemplified by the recent global financial crisis. According to Dan Timms, a spokesperson for the campaign group Oxfam, "When you realise that, faced with a financial crisis, rich countries have bailed out their banks to the tune of a trillion dollars, it highlights how comparatively little we are asking leaders to deliver to the developing world to meet the promises they have made."
A fraction of what the worlds richest nations have spent
saving their financial institutions would have saved millions of lives in the
world's poorest nations and helped us to achieve the Millennium Development
Goals throughout sub-Saharan
We must not depend on the G8 for anything. They have made it perfectly clear what they value and how much they are willing to actually contribute to the development of a more just global society. Accept what they give but take what they say with a very large grain of salt.