World Summit of 2005

World leaders followed-up the Monterey agreement at the 2005 World Summit, a high-level meeting at United Nations Headquarters in New York (http://www.un.org/summit2005/). They agreed to take action on a range of global challenges, including special efforts to achieve the Millennium Development Goals:

» Commitment by all governments, in donor and developing nations alike, to achieve the
MDGs by 2015.
» Additional $50 billion a year by 2010 for fighting poverty.
» Commitment by all developing countries to adopt national plans for achieving the MDGs by 2006.
» Agreement to provide immediate support for quick impact initiatives involving anti-malaria efforts, education, and healthcare.
» Commitment to innovative sources of financing for development projects, particularly in the health sector.
» Agreement to consider additional measures to ensure long-term debt sustainability through increased grant-based financing, cancellation of 100 per cent of the official multilateral and bilateral debt of heavily indebted poor countries.
» Commitment to trade liberalization and expeditious work towards implementing the development dimensions of the Doha work program.

For details see: http://www.un.org/summit2005/presskit/fact_sheet.pdf