CGI meeting ends with $8 billion in commitments

Former President Bill Clinton announced at the recently concluded meeting of the Clinton Global Initiative last month that CGI members had made 250 commitments valued at $8 billion, commitments that include $100 million over ten years from LeapFrog Investments and its partners to launch a micro-insurance initiative that will enable 25 million low-income individuals to access affordable, quality insurance and financial services; $50 million over five years from Microsoft to expand its Innovative Teachers programme to more than a hundred countries; and $26 million over four years from the American University in Dubai to create scholarships for students from the Middle East to attend the Mohammed bin Rashid School for Communication.