New Alliance for Food Security and Nutrition
Leaders of the group of Eight (G8) met at Camp David, USA on May 18-19 2012 to address major global economic and political challenges. Despite the Summit being largely overshadowed by the Eurozone crisis, new initiative to fight against hunger and malnutrition in Africa was announced. This initiative between the G8 and African leaders will achieve sustained and inclusive agricultural growth and raise 50 million people out of poverty over the next 10 years. The goal is to increase investment in African agriculture, including from the private sector.
$3 billion already pledged by the private sector
Already, the private sector partners have pledged $3 billion.The New Alliance builds on the commitments made at the G-8 Summit in L'aquila in 2009. Other issues discussed at the Summit included the Eurozone crisis, energy and climate change, Afghanistan’s economic transition, the transitions in the Middle East and North Africa and other political and security issues. Read the Camp David Declaration in full.