Reuters AlertNet Lite - FACTBOX-Day one of Clinton summit sees over 40 pledges

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FACTBOX-Day one of Clinton summit sees over 40 pledges

26 Sep 2007 23:29:56 GMT
Source: Reuters

NEW YORK, Sept 26 (Reuters) - Presidents rubbed shoulders with Hollywood stars and company chiefs mingled with aid workers as billions of dollars of pledges to tackle global woes were generated at Bill Clinton's annual philanthropic summit.

The third annual brainstorming session on health, poverty, education and climate problems saw more than 40 commitments of action made on Wednesday. These include:

* Proctor& Gamble <PG.N>, working with partner organizations in the Children's Safe Drinking Water program, will provide sachets to purify an estimated 2 billion quarts (litres) of water in a $20 million project. By using the easily accessible system, the program aims to prevent 80 million days of diarrhea illness and save 10,000 lives by 2012.

* Working with partners 1Sky will raise $50 million to advocate for a set of goals and proposals to improve the U.S. government's policies on climate change. All partners working in this coalition are committed to making the U.S. government develop climate change targets that match those of the European Union. The E.U. is committed to reduce green house gas emissions by 20 percent compared to 1990 levels.

* The Dow Chemical Co <DOW.N> will provide $30 million of loan guarantees to support the financing of up to 2,000 community water systems, serving 11 million people in India through WaterHealth International (WHI).

* To ensure Indian students receive at least one nutritious meal every day for 220 days a year, the Deshpande Foundation commits to create a long-term, sustainable school lunch program in India. Working with partners, Deshpande will seek to deliver daily lunches to children from kindergarten through Grade 10.

* World Bicycle Relief commits $980,000 over 15 months to supply 1,000 bikes in seven African countries. These bikes will provide transport for some of Africa's poorest people living in Kenya, Tanzania, Ethiopia, Rwanda, Uganda, Malawi, and Zambia.

* Targeting the State of Sao Paulo and working with regional non-profit groups and local farmers, the Coca-Cola Co <KO.N> commits $13.5 million to a reforestation project along waterways in Brazil. The project aims to restore tropical rainforest while providing employment opportunities.

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Last updated:Wed Sep 26 23:31:17 2007