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Arab ministers present anti-poverty programme to Earth Summit

posted on 02/09/2002: 1760 views

Johannesburg - A programme presented here at the UN World Summit for Sustainable Development by Arab and African ministers called for the setting up of special banks for the world's poor, who the banks shall grant small loans at a tune of 100,000 Dollars by 2005, with donor countries dishing out US$200 million at the Summit to set up the project. The ministers also called on the industrialised countries, financial agencies and development banks to finance 500 small-scale wastes treatment projects at a total cost of US$500million by locally recycling the wastes, with those countries funding annually hundred projects, while setting aside one billion US Dollars for portable water and sewerage network projects in African and Arab countries, in addition to annual loan grants of US$500million to help reduce problems related to the provision of good drinking water.

Other demands in the joint Afro-Arab declaration include the provision of US$300million by 2005 to fight desertification in Arab region and Africa, one billion Dollars to support activities for the protection of water resources and the provision food security, US$500million for 50 per cent increase in reserve areas, green vegetation and forestry, especially in the tropical areas. The joint declaration also demanded the Summit to look into the cause of the climate change and find solutions for its devastating consequences by adopting the appropriate strategy to achieve a system for energy production better than the current one. It also called for poverty alleviation by making the advanced countries to increase their assistance for the poor countries by seven per cent of the former total GDP and to increase their support for environmental agencies in poor countries. The declaration also called for a world order that will guarantee global peace and security. (The Emirates News Agency, WAM


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