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World leaders launch $15B food initiative

World leaders are taking the "teach a man to fish" approach to combat world hunger.

Six year old malnourished Tariken Lakamu waits for food aid , Friday, June 6, 2008 in the southern Ethiopian town of Shashamane. This year's food crisis, brought on by a countrywide drought and skyrocketing global food prices, is far less severe, with an estimated 4.5 million people nationwide in need of emergency food aid.(AP Photo/Anita Powell)

L'AQUILA, Italy (AP) - World leaders are taking the "teach a
man to fish" approach to combat world hunger.
They've launched a $15 billion initiative to help farmers in
poor countries boost production in a shift in the way the West
tackles world hunger.
According to a draft statement obtained by The Associated Press,
the money will be distributed over three years. Not all of it is
new funding, though, and several countries are already well behind
in aid pledges to Africa made four years ago.
The initiative was launched today at the end of three days of
talks of Group of Eight industrialized nations. The draft statement
is also to be endorsed by another 19 nations, including African
countries, which are attending the meeting.

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