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United Kingdom: Newsline
After G-20, leaders pledge on education investment
The pledge came in a Leaders' Statement issued after the summit held in London on April 2 and under the header of 'ensuring a fair and sustainable recovery for all."
Leaders pledged to "support employment by stimulating growth, investing in education and training, and through active labour market policies, focusing on the most vulnerable."
Committing $US1.1 trillion of additional resources to address the crisis, the summit acknowledged that the only way out of what it described as 'the greatest challenge to the world economy in modern times' was to find a global solution which enabled growth to be shared and sustainable.
The historic decisions made at the G20 summit in London on April 2 were welcomed by the Chief Executives of 28 UN bodies, including the UN Secretary-General Ban Ki-Moon, at a meeting at UNESCO headquarters in Paris on the weekend on 4 and 5 April.
The chief executives meeting highlighted the fact that even before the onset of the current financial crisis, significant challenges existed in terms of food, education, health, water and sanitation, housing and minimum welfare for the most needy.
Food security, a global jobs pact and additional financing for the world's most vulnerable people were among nine initiatives agreed to by the UN Chief Executives to confront the crisis and accelerate recovery.