Aid money the G8 has promised but won’t deliver could save more than 3 million lives, Oxfam said today as leaders gathered for the summit in L’Aquila, Italy.
A group of nine major international aid agencies said today that their aid effort of reaching over 1 million victims of the fighting in Swat valley of Pakistan was under threat due to a lack of funds. The agencies face a shortfall in excess of $42m.
As poor countries face the full impact of the economic crisis, European governments are falling short by nearly €40bn (USD$55m) on their aid promises and will not meet their 2010 aid target until 2012, a new report from CONCORD reveals.