    [Public Papers of the Presidents of the United States: George W. Bush (2007, Book I)]
    [June 2, 2007]
    [Pages 680-681]
    [From the U.S. Government Publishing Office www.gpo.gov]

    The President's Radio Address
    June 2, 2007

        Good morning. Next week, I will travel to Europe to attend the G-8
    summit. At this meeting, the leaders of industrialized nations will
    discuss ways we can work together to advance trade, fight disease,
    promote development that works, increase access to education, and
    address the long-term challenge of global climate change.
        It is in America's interests to help these efforts succeed. When we
    help lift societies out of poverty, we create new markets for American
    goods and new jobs for American workers. When we help reduce chaos and
    suffering, we make America safer, because prosperous nations are less
    likely to breed violence and export terror. And this week, my
    administration took several important steps to advance peace and
    opportunity across the world.
        On Tuesday, America took new actions to address the ongoing genocide
    in Darfur. On my orders, the Department of Treasury tightened our
    existing economic sanctions against Sudan and imposed additional ones. I
    also directed Secretary Rice to work with
    our allies on a new U.N. Security Council resolution that will seek to
    impose new sanctions, expand the arms embargo, and prohibit Sudan's
    Government from conducting offensive military flights over this troubled
    region. The people of Darfur have suffered long enough. We will not
    avert our eyes from a crisis that challenges the conscience of the
    world.
        On Wednesday, the United States demonstrated leadership on another
    crisis affecting Africa: HIV/AIDS. In 2003, my administration launched a
    $15 billion Emergency Plan for AIDS relief, and that plan has supported
    treatment for more than 1 million people. This is a good start, but only
    a start. So I've asked Congress to double our initial commitment for
    HIV/AIDS prevention to $30 billion over the next 5 years. By making this
    commitment now, we will help deliver lifesaving treatment, prevent new
    infections, and support care for millions of people across Africa.
        As we fight violence and disease, America is also using its
    influence to help struggling countries transform themselves into free
    and hopeful societies. And on Thursday, I announced three new
    initiatives that will help the developing world.
        The first initiative is a new project called the African Financial
    Sector Initiative. This initiative will help bring African nations the
    technical assistance they need to strengthen their financial markets.
    And it will encourage the international financial community to create
    several new private equity funds that will mobilize up to $1 billion of
    new private investment in Africa. By taking these steps, we can help
    African entrepreneurs access capital, so they can grow their businesses
    and create jobs across the continent.
        The second initiative is a new effort to help more of the world's
    poorest children get an education. In 2002, my administration launched
    the Africa Education Initiative, which has provided about $300 million
    to improve educational opportunities throughout that continent. Now,
    with the support of Congress, we will devote an additional $525 million
    over the next 5 years to help provide a quality basic education for up
    to 4 million children in poor nations. With this initiative, we will
    help young people get the skills they need to succeed and a chance to
    achieve their dreams.
        The third initiative is a proposal to help developing nations meet
    their growing energy needs while protecting the environment and
    addressing the challenge of global climate change. Under my proposal, by
    the end of next year, America and other nations will set a long-term
    global goal for reducing greenhouse gases. And to meet this goal, we
    must help developing countries harness

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    the power of technology. The United States is investing billions of
    dollars in clean energy technologies and coming up with new ways to
    share these technologies with other nations. Through the spirit of
    innovation, we will help developing nations grow their economies and be
    responsible stewards of the environment.
        In all these endeavors, the American people can be proud of our
    global leadership and generosity. Our Nation is delivering aid and
    comfort to those in need. We're helping expand opportunity across the
    world. We're laying the foundation for a more peaceful and hopeful
    future for all our citizens.
        Thank you for listening.

    Note: The address was recorded at 7 a.m. on June 1 in the Cabinet Room
    at the White House for broadcast at 10:06 a.m. on June 2. The transcript
    was made available by the Office of the Press Secretary on June 1, but
    was embargoed for release until the broadcast. The Office of the Press
    Secretary also released a Spanish language transcript of this address.