From the Pittsburgh Post Gazette, writer Karamagi Rujumba tells us what happened.
The leaders of the world's largest economies at the G-20 summit yesterday took great steps to address some of the issues that affect the world's poorest.
They started from the moral and pragmatic premise that there can be no sustainable global economic recovery without strengthening the support systems of the most vulnerable.
But even as they commended the G-20 for its proclamation that "all parts of the globe participate in the [economic] recovery," the international advocates who lobbied the summit on behalf of the poor said the challenge of developing impoverished countries, particularly in Africa, remains the same.
Key among the challenges, they said, remains a need to infuse short-term capital and development aid toward agriculture and food security, access to clean and affordable energy and steps to slow the devastation caused by climate change.
"We were very encouraged that they reiterated their commitments from [the April G-20 summit in] London," said Tom Hart, director of U.S. government relations for the advocacy group ONE Campaign, which is committed to fighting extreme global poverty and disease.
The commitments include agreement on the need to help poor countries weather the tumultuous financial climate; reform the membership of the International Monetary Fund and the World Bank to include more of the poorest countries; carry forward the framework of the G-8 agreement on food security in Italy; and to deliver on the $100 billion the G-8 promised to loan developing countries.
In addition, the Canadian government also committed to provide $2.6 billion in capital to the African Development Bank to help it increase its lending by 75 percent.
Read more: http://www.post-gazette.com/pg/09269/1000975-482.stm#ixzz0SQbZj2Rn