Yesterday, the UN Millennium Campaign hosted a roundtable discussion on G8 and G20 commitments to debt relief. Melinda St. Louis, Deputy Director of Jubilee USA, presented a bleak picture of the situation – giving the G20 a “D” grade in keeping commitments, as detailed in the organization’s new report. St. Louis talked about the lack of political will and misconceptions about foreign aid spending that have slowed progress on commitments. With the G8 and G20 summits in Canada this weekend, the report is a great resource to measure what still needs to be done.
The need to correct misconceptions about foreign aid spending and create mechanisms with clear timelines for reaching the commitments made relate to core issues in the reform debate here in Washington. Read the full Jubilee report here.