Related Issues

Related Issues

President Obama unveils “Startup America” strategy featuring pieces of Coons-Rubio AGREE Act

WASHINGTON – President Obama today sent to Congress his “Startup America Legislative Agenda” to expand tax relief and improve access to capital for job-creating startups and small businesses, featuring several key elements of the American Growth, Recovery, Empowerment and Entrepreneurship (AGREE) Act introduced by U.S. Senator Chris Coons (D-Del.) and U.S. Senator Marco Rubio (R-Fla.) in November.

“Helping entrepreneurs and small businesses grow and create jobs is a critical component of our economic recovery,” Senator Coons said Tuesday. “The AGREE Act I introduced with Senator Rubio contains an array of ideas for helping young businesses grow that already have bipartisan support, and I was pleased this morning to see that so many of those ideas have become important parts of the President’s Startup America strategy. Congress needs to come together now to pass this legislation, work with the President, and help get more Americans back to work.”

The Startup America Legislative Agenda expands tax cuts for small businesses to free up resources for job creation and makes it easier for startups and small business to access the capital they need to innovate, grow and create jobs. It also takes steps to attract and retain foreign-born entrepreneurs and highly skilled immigrants so they can start up the next generation of small businesses and great American companies. 

The Startup America Legislative Agenda includes four of the main components of the AGREE Act:

  • Expand and make permanent zero capital gains on small business investments
  • Extend 100 percent depreciation for qualified property through 2012
  • Create an “IPO on-ramp” that phases in certain securities laws and regulations for smaller, young companies in their first years after going public
  • Eliminate country specific caps for certain immigrant visa categories to attract more high skilled foreign workers including entrepreneurs.

“President Obama knows that our country is so much stronger when Americans work together — regardless of their political party — to do what’s needed,” Senator Coons said. “There is so much that both parties agree on that we could take up and pass immediately, including the AGREE Act provisions now also part of Startup America. We have to find a way to work together and, certainly, the millions of out-of-work Americans can’t wait for us to try.” 

To learn more about the AGREE Act: http://bit.ly/xEY8Xs and http://bit.ly/yLsQRa

###

Senator Coons calls for increased Congressional support for advanced biofuels

WASHINGTON – Speaking at an American Chemical Society briefing on Capitol Hill Monday, U.S. Senator Chris Coons (D-Del.), a member of the Senate Committee on Energy and Natural Resources, called on Congress to increase support for the advancement of technology and incentives for biofuels and other clean energy technology. The briefing, “Cellulosic Biofuels’ Economic and Technological Challenges: Speed Bumps or Detours?” was hosted by the American Chemical Society’s Science & the Congress Project. Senator Coons and Senator James Inhofe (R-Okla.) were honorary co-hosts of the briefing.

“Sustainable biofuels production is essential for our economy and our future,” Senator Coons said in his remarks. “This was a great starting point as a concrete forum to look at how we begin to move forward towards workable solutions that will require cooperation from many public and private interests to be able to move from the field to the filling station in the future.”

In his remarks, Senator Coons discussed the significant role biofuels can play as a next-generation clean-energy resource and Delaware’s role in expanding research and production, “Biofuels are a home-grown resource that have enormous potential for job creation, for rural economic development, and for more. And as you may have already picked up, my home state of Delaware is right in the thick of this venture. We have companies at all ends of the spectrum.”

Senator Coons closed his speech by reiterating our need to work towards a sustained commitment for alternative forms of energy, one where we stand behind emerging technologies and budding markets. He challenged Congress to:

  • Continue to fight for invest in Department of Energy and USDA R&D programs;
  • Extend tax credits for advanced biofuels, especially incentives that can actually be utilized for building second generation facilities; and
  • Work together on a path forward for the Renewable Fuels Standard.

A panel discussion opened the briefing, featuring Oakridge National Laboratory’s Corporate Fellow Virginia Dale, Ph.D.; U.S. Department of Agriculture’s Supervisory Soil Scientist Douglas Karlen, Ph.D.; Synthetic Genomics Senior Vice President Aristides Patrinos, Ph.D.; and Purdue University’s James & Lois Ackerman Professor of Agricultural Economics Wallace Tyner, Ph.D.   DuPont Central Research & Development’s Biochemical Science & Engineering Science Director William Provine, Ph.D. moderated and opened the discussion.

A YouTube video of Senator Coons’ remarks can be viewed here: http://www.youtube.com/senatorchriscoons. Senator Coons’ remarks begin at approximately the 1:45:50 mark.

The full transcript of Senator Coons’ remarks is below.

Remarks as delivered

I am grateful for the opportunity to once again co-sponsor an American Chemical Society briefing. I was thrilled that Senator Inhofe of Oklahoma was my co-host today. Senator Inhofe and I come at the world from quite different political perspectives. We come at the federal role in the economy, and many different issues from a different perspective. But I know we share a passion for Africa. We share a passion for American energy independence and innovation, and so anything that I can do in partnership with Senator Inhofe I am grateful to have the opportunity to do.

I have the strong sense not just from the list of who was participating and presenting, but from the briefing I’ve gotten from my folks that participated, that this was an extremely productive, data-rich, challenging and engaging session today.

Sustainable biofuels production is essential in my view for our economy and our future. There is really not enough time to talk about how to overcome the host of challenges that were raised at today’s briefing but as we all know there are a number of environmental and socio-economic and other policy challenges we have to face and this I think, was a great starting point as a concrete forum to look at how we begin to move forward towards workable solutions that will require cooperation from many public and private interests to be able to move from the field to the filling station in the future.

It is remarkable to me that this is the 180th ACS Science and the Congress Project briefing on the Hill since the program started in 1995. I am particularly grateful for the service of Dr. Chris Avery who is a fellow with the American Chemical Society and working in my office this year and making it possible for me to sound relatively well-informed and coherent on issues, which I wish I had the time to delve into deeply, but on which all of the analytical work is done by him and I am merely presenting the slides at the end of the show. He got his PhD in analytical chemistry from Michigan and has contributed admirably to my work not just on the Energy Committee but to be more thoughtful about science policy more broadly. And along with Chris, Franz Wuerfmannsdobler who is my energy policy LA, and well known and regarded across the Hill not just for his unpronounceable last name or that his brother is in fact named Hans, but that he actually has a tremendous grasp of policy and of how to move policy into legislation particularly in what is politically, a very challenging time.

So of all that, financing for the next generation of biofuels is right at the very center of a land which I hope to have some catalytic contribution to moving us forward over the currently clear hurdles, the very significant hurdles, and that might sound strange coming from a Senator generally, but my chemistry background makes me see possibilities for unlocking what are currently seen as insurmountable hurdles.

More than anything I think I am encouraged by the fact that there are four commercial-scale cellulosic projects not just in future development, not just being talked about, but actually in being developed. There will be concrete facilities in production on a time horizon that is short enough so that the many doubting Thomases can be dragged by the nose to visit them, or to witness them in production, or to see documentation of how they actually work.

I understand that there are some significant challenges in terms of biomass and financing that we have to get past but that is exactly the point of marrying policy to science, in my opinion. Biofuels are a home-grown resource that have enormous potential for job creation, for rural economic development, and for more. And as you may have already picked up, my home state of Delaware is right in the thick of this venture. We have companies at all ends of the spectrum.

One is a multi-national company of roughly 200 years providence that some of you may be familiar with. DuPont is deeply committed in investments to a diversified mix of next generation biomass and biofuels, those building blocks and the facilities necessary, those cellulosic production facilities as well as the development of bio-butanol and other drop-in biofuels. But at the other end of the spectrum are a number of other smaller companies I’ll just mention in passing.

One, CMS, is licensing what were formerly DuPont fluoropolymers selected impermeable memory technologies for the dehydration of biodiesel and other biofuels, a small plucky start-up the recipient of a number of critical SBIR and CDR grants that I think can play a key role in solving some of the production and delivery challenges. And another, Elcriton, just two professors at the University of Delaware who with an SBIR grant are taking a way to genetically modify pond scum, I think the nicer term is duckweed, but common pond scum so it stops nitrogen and phosphorus off of polluted groundwater, a challenge which we have in our Delmarva Peninsula due to our abundant and successful poultry industry. In the act of cleaning that nitrogen and phosphorus out of eutrophic ponds they then produce a readily digested bio-butanol that can be extracted from the duckweed, so this poses a potential win-win for the Delmarva Peninsula.

Some of you may not know that agriculture is one of the biggest, longest established industries in my home state and the poultry industry is two parts. One is the competition with ethanol in their view and the price pressure that has put on their prime feed and the others at the other end with what to do with all that chicken litter and what it does to the water ways of the Chesapeake Bay.

So I chose these two examples, Dupont’s role in finding a productive, secondary use of the cellulosic biomass that has been left behind after the harvest of grain and Elcriton’s role in potentially cleaning up the ponds and water ways as a way of showing that biofuels have enormous promise to solve not just our liquid fuel supplies and transportation fuel supplies problem in American energy independence, but then also dealing with lots of other challenges in creative and constructive ways.

You raise today a number of big challenges, one of those is the National Academy study that suggests that we are highly unlikely to achieve the RFS2 goals by 2022 in terms of the great big gap works, what folks are willing to pay and what folks are willing to accept, but if you’ve seen the end of that sentence and that report it says “absent policy.” That’s the whole point. It is only by fighting hard to sustain current policy trajectories and to inject additional policy initiative that we are going to make this change.

And I think it is an incredibly important change for us to be making.

That said, the good news I think is the recognition in that very same report, that the economic environment in which cellulosic biofuels are best able to compete looks very much like the economic environment of today and of our likely decade to come. High oil prices and breakthroughs in processing and implementation technologies are in line to create this space where biofuels can and will be cost competitive. Some have argued that they can’t ever be viable alternatives to petroleum but I believe now is not the time to retreat. To stand behind these emerging technologies, budding markets, predictability and credible amounts of opportunity are going to be absolutely essential.

So in my view, the things we have on our horizon are simple and few. Continuing to fight for investments, in the department of energy and USDA R&D program. Extending the tax credits for advanced biofuels, especially incentives that can actually be utilized for building second generation facilities. And third, most importantly, working together on a path forward for the Renewable Fuel Standard. I know different groups come at the RFS from different perspectives but we should share a common purpose, I think, of making biofuels a significant contributor to our national liquid fuels market.

To be honest with you, the political environment for all of this is quite difficult, it’s quite demanding. But this is something that I am passionate about fighting for. And I hope that I can have your active engagement with this not just as scientists, not just as industry leaders but as advocates. To help in the sometimes thicket of energy alternatives, to clear away a lot of the rhetoric and a lot of the politics to help people understand that biofuels, that advanced biofuels genuinely offer a real promise for American energy independence and for a significant contribution to a change in the global energy markets going forward. So let’s take today’s discussion as a beginning of how to move forward on this enormous opportunity for the next generation of American renewable fuels.

Thank you and thank you to the American Chemical Society.

###

Senator Coons hosts job-search skills workshop to help get more Delawareans back to work

WILMINGTON, Del. – U.S. Senator Chris Coons, in partnership with the Goodwill Job Resource Center, hosted a free job skills workshop in Wilmington on Thursday evening.  This event was part of the Senator’s ongoing effort to help get more Delawareans back to work.  The 130 attendees worked on honing their job-search skills and learned about the art of networking, how to write an effective resume, and how to master the interview process.

“Though Delaware’s unemployment rate is dropping, there are still far too many of our neighbors out of work,” Senator Coons said. “We must continue to support our neighbors who are out of work by not only helping them find jobs, but helping them get jobs. Putting Delawareans back to work remains my top priority, and these workshops and job fairs have proven to be a productive way of helping those still looking for work.”

Representatives from the Goodwill Job Resource Center were on-hand to explain the services they offer, and career coach, author and speaker Yusuf Wilson presented an interactive job-search seminar titled, “The Art of Networking: Leveraging Traditional and Social Media Networking Strategies to Get Hired.”

Thursday’s was Senator Coons’ second job-search skills workshop since taking office, and in the coming weeks he will announce additional events designed to help job seekers around the state. Last year the Senator also hosted three job fairs that attracted more than 4,900 job seekers and well over a hundred employers.  

“Our economic recovery is directly tied to levels of employment in our communities,” Senator Coons said.  “We must ensure that we are doing everything we can to help out-of-work Delawareans have opportunities to get back to work and that those who are employed are able to keep their jobs.”

###

Senator Coons cosponsors bill to strengthen Violence Against Women Act

WASHINGTON – U.S. Senator Chris Coons (D-Del.), co-chair of the Senate Law Enforcement Caucus, has cosponsored a bill to reauthorize and enhance the Violence Against Women Act (VAWA), which came up for consideration at an executive business meeting of the Senate Judiciary Committee on Thursday. VAWA has enhanced law enforcement’s ability to investigate and prosecute violent crimes against women since its original passage in 1994.

“Domestic violence, dating violence, sexual assault and stalking are evils that thrive in darkness,” Senator Coons said Thursday. “Every five years, Congress revisits VAWA to update the law with what we’ve learned about how best to stop violence against women, and this year, we’ll make what I think are some important updates. Among them, this reauthorization increases funding for sexual assault programs and expands the authority of tribes to prosecute domestic violence. It takes the important step of explicitly preventing grant recipients from discriminating against victims who are gay, lesbian, bisexual or transgender and modifies the U Visa program to make it easier for law enforcement to gain the cooperation of victims in prosecuting dangerous perpetrators. The bill also wisely consolidates redundant programs and re-focuses program investments, allowing VAWA to have just as significant an impact with a nearly 20-percent reduction in authorization levels.”

S.1925 would improve existing programs to address evolving needs in the fight against domestic violence, dating violence, sexual assault, and stalking. The legislation provides law enforcement agencies, court personnel, and victim-service providers with tools to help prevent domestic violence homicides by supporting training for those on the front lines of efforts to eliminate domestic violence. Importantly, the legislation also promotes accountability to ensure that federal funds are used for their intended purposes, and consolidates programs and reduces authorization levels to address fiscal concerns while focusing on the programs that have been the most successful.

“When I served as New Castle County Executive, I saw first-hand how important VAWA is to the training of local law enforcement officers,” Senator Coons said. “In drafting the first version of this bill nearly twenty years ago, Joe Biden revolutionized the way law enforcement confronts domestic violence. Since then it has made an important difference in the safety of our communities, and I’m proud to cosponsor its reauthorization. ”

VAWA was signed into law by President Clinton in 1994, and has since been reauthorized twice: in 2000 and 2005. The law’s current authorization, however, expired in September 2011.  Programs supported by VAWA have provided victims with critical services such as transitional housing, legal assistance, and supervised visitation services. VAWA has also encouraged communities to coordinate their responses to domestic and sexual violence by bringing together victim advocates, law enforcement, the courts, health care professionals and leaders within faith communities.

The legislation was sponsored by Senators Patrick Leahy (D-Vt.) and Mike Crapo (R-Idaho). In a common and expected procedural move, Republicans on the Judiciary Committee today “held over” the bill until next week’s Judiciary Committee executive business meeting, where it is expected to pass. It is expected to come up for a vote of the full Senate later this year.

###

Senator Coons congratulates Delaware leaders on enactment of law banning “bath salts”

WASHINGTON – U.S. Senator Chris Coons (D-Del.) issued the following statement today after Governor Jack Markell signed into law Delaware Senate Bill 160, which bans the possession, use, sale, or delivery of synthetic cathinones, more commonly known as “bath salts.”

“I applaud Governor Markell, State Senator Hall-Long and the entire Delaware State Legislature for their tireless, speedy work in recent months to outlaw these highly destructive, mind-altering, life-ruining drugs,” Senator Coons said. “This law will make our families safer by ensuring that those who deal and abuse these dangerous hallucinogenic drugs are taken off our streets. Earlier this year, I cosponsored legislation in the Senate to outlaw bath salts nationally because they are clearly having a corrosive impact on our communities. In outlawing bath salts today, Delaware is once again showing itself to be a national leader in public safety, and I pledge to continue working in Washington to help provide our law enforcement officials with the resources they need to fight abuse of these drugs.”

Senator Coons, a member of the Senate Judiciary Committee and founder and co-chair of the Senate Law Enforcement Caucus, is a co-sponsor of the Combating Dangerous Synthetic Stimulants Act of 2011, which would add “bath salts” to the Schedule 1 list of controlled substances, and make their possession and sale illegal in the United States.

###

President Obama touts provisions from Senator Coons’ bipartisan jobs legislation in State of the Union

WASHINGTON – In his State of the Union address Tuesday night, President Barack Obama offered his support for several key elements of the American Growth, Recovery, Empowerment and Entrepreneurship Act, which U.S. Senator Chris Coons (D-Del.) introduced with Senator Marco Rubio (R-Fla.) in November.

Four provisions, including an extension of the Research & Development Tax Credit, an extension of adjusted expensing limits for small businesses, an extension of 100 percent bonus depreciation for small businesses for the full cost of investments in equipment and property, and an extension of zero capital gains taxes on key investments for small businesses, were all highlighted in the State of the Union address or in the President’s accompanying Blueprint for an America that is Built toLast strategy.

“President Obama knows that our country is so much stronger when Americans work together — regardless of their political party — to do what’s needed,” Senator Coons said. “There is so much that both parties agree on that we could take up and pass immediately, including the AGREE Act provisions that President Obama highlighted Tuesday night. We have to find a way to work together and, certainly, the millions of out-of-work Americans can’t wait for us to try.” 

Tuesday’s State of the Union was President Obama’s third, and his sixth address before a joint session of Congress. In it, he outlined a broad strategy for continuing America’s economic recovery and ensuring it benefits all Americans, focusing on American manufacturing, domestic energy production, and strengthening the skills of American workers.

“The AGREE Act contains several measures that can play important roles in the implementation of the blueprint President Obama laid out this week… and they already have bipartisan support,” Senator Coons said. “The Domestic Manufacturing Tax Credit we proposed is a natural complement to the President’s proposal to target a domestic production incentive for manufacturers who create jobs here at home. Removing arbitrary per-country caps for employment-based immigrant visas, as we propose in the AGREE Act, would help accomplish President Obama’s goal of stopping the expulsion of talented young people who came from other countries to pursue college and advanced degrees in the United States. I look forward to working with the President to advance our legislation as part of this coordinated bipartisan strategy for an America that is truly built to last.”

To learn more about the AGREE Act: http://bit.ly/xEY8Xs and http://bit.ly/yLsQRa

Statement from Senator Coons on President Obama’s State of the Union address

WASHINGTON – U.S. Senator Chris Coons (D-Del.) tonight released the following statement on President Obama’s State of the Union address:

“President Obama tonight laid out a positive vision for where our country is headed, powered by an economy built to work for all Americans. I share President Obama’s belief that if you work hard and play by the rules in this country, you deserve a real shot at economic fairness. I look forward to working with him this year to restore the economic fairness we seem to have lost. President Obama’s blueprint touches all the right areas if you’re trying to build an economy that works for everyone. For the first time in 15 years, America’s manufacturing sector is growing again. We need to invest in that momentum, grow domestic and clean energy production, and enhance the skills of American workers. Importantly, we have to do it in a bipartisan way that is economically fair to all Americans.”

More thorough analyses of specific elements of President Obama’s Blueprint for An America Built to Last will be posted to our blog on Wednesday. http://www.coons.senate.gov/blog

###

Statement from Senator Coons on the 39th anniversary of Roe v. Wade

WILMINGTON, Del. – U.S. Senator Chris Coons issued the following statement today to mark the 39th anniversary of the Supreme Court ruling on Roe v. Wade.

“Thirty-nine years ago, the United States Supreme Court recognized a woman’s right to make her own decisions about starting a family and protecting her body. As we mark today’s anniversary of Roe v. Wade, we must recommit ourselves to defending against attempts to erode this fundamental constitutional principle and deny women their reproductive rights.

“In my first year in the Senate, I often witnessed the tenacious commitment of those who prioritize rolling back reproductive rights above everything else. For some members of Congress, the anti-choice agenda has even trumped job creation. While we have been largely able to fend off their attacks, we must remain vigilant in the preservation of reproductive rights and ensure all women in this country have access to the highest-quality health care available.

“Today, on the 39th anniversary of the landmark Roe v. Wade decision, I pledge to continue fighting for accessible and affordable reproductive care for Delawareans and all Americans.”

###

Statement from Senator Coons on protecting intellectual property, Internet freedom

WILMINGTON, Del. – U.S. Senator Chris Coons (D-Del.) issued the following statement today after the cloture vote on the motion to proceed to the PROTECT IP Act was delayed.

“Protecting American innovation is an economic imperative, and whether that innovation comes in the form of an idea, a design, or a product, it is Congress’ responsibility to fight for every job that comes with it. Piracy affects tens of thousands of local jobs in Delaware, where leaders of businesses large and small have made it clear to me that foreign criminals pirating their products, designs and ideas are a serious threat to their ability to grow and create jobs. That pirated goods are being sold or distributed online instead of from the back of a van doesn’t make the theft any less costly or any less deserving of the law’s attention.

“I have heard from a significant number of Delawareans on the issue this week through both digital and traditional channels and I deeply appreciate their engagement. I passionately share their concern for protecting Internet freedom and will bear it in mind as we move forward on this and future legislation.

“The House bill, SOPA, overreached and would have had unintended consequences for Internet freedom. PROTECT IP, however, is a different bill and deserves to be considered accordingly. I am a cosponsor the PROTECT IP Act because I believe that protecting American innovation is an essential responsibility for legislators in the 21st century economy. We worked hard and collaboratively with many stakeholders on both sides of the issue to produce a sober, responsible bill. Neither side came away with their ‘ideal’ legislation. I worked with my friend, Chairman Leahy, last year to strengthen the bill by narrowing its focus to the ‘worst of the worst’ offenders — foreign-hosted websites dedicated primarily to serving pirated content — and I will continue to support his efforts to address some of the concerns raised this month.

“We cannot pretend that online piracy isn’t an issue, nor can we pretend that the Internet can be a lawless domain. Tech companies cannot blindly profit from the theft of American intellectual property, just as content providers cannot pretend that their products exist in a vacuum. They must learn to cohabitate the Internet space, and to work constructively with Congress on a fair legal infrastructure for policing that space. Congress will not turn away from its role in crafting a responsible balance that accommodates both property and freedom.  It is my hope that those who refused to participate in the process of crafting these bills finally come to the table to be part of the solution instead of marshaling anger at those trying in good faith to do important work.”

Senator Coons is a member of the Senate Judiciary Committee.

###

Senator Coons hosts conference to connect Delawareans with opportunities in Africa

WILMINGTON, Del. – U.S. Senator Chris Coons (D-Del.), chair of the Senate Foreign Relations Subcommittee on African Affairs, today hosted the Opportunity: Africa conference in Wilmington to connect Delawareans with some of the nation’s leading authorities on sustainable development and trade with Africa. Participants at the half-day conference, which was held at the University of Delaware’s Wilmington Campus, examined how businesses, faith communities and individuals in Delaware can benefit from engagement with Africa.

“In trade, health, and security, Africa is rapidly becoming one of the most important parts of the world,” Senator Coons said. “Whether it is businesses taking advantage of fast-growing new markets, local faith-based organizations engaging in humanitarian work or individuals interested in promoting development and democracy, Delawareans have shown themselves to be extraordinarily interested in engaging in Africa. I organized this conference to help them do that, and to help make sure Delawareans have the information and resources they need to connect with tremendous opportunities for engagement afforded by the continent.”

Home to seven of the ten fastest growing economies in the world, Africa represents an important new market for Delaware businesses. In addition, Delaware faith communities and individuals are deeply involved with development projects in Africa ranging from clean energy to health care to democracy promotion.

The conference featured a series of plenary sessions and workshops on specific aspects of U.S. diplomatic, economic and humanitarian policy toward Africa.  Two of the most prominent American voices on Africa, Administrator Rajiv Shah of the United States Agency for International Development and Chief Executive Officer Daniel Yohannes of the Millennium Challenge Corporation, delivered keynote remarks at the conference.

“I was proud to lend USAID’s voice to Senator Coons’ Opportunity: Africa conference at the University of Delaware,” Administrator Shah said.  “The conference provided a great platform to engage local Delaware businesses, faith based organizations and individual citizens to help deliver meaningful development results across Africa.”

“I’m excited to have participated in Delaware’s first Opportunity: Africa conference, where we explored ways to strengthen the American economy through the Millennium Challenge Corporation’s work around the world,” CEO Yohannes said. “By investing in the trading partners of tomorrow, MCC is creating opportunities for American enterprise today—supporting American families and the values of our middle class. MCC offers smart solutions for delivering U.S. foreign assistance in ways that improve the lives of the world’s poor and also create opportunities for American businesses to tap into next generation emerging markets to expand, grow, profit, and create American jobs.”

The Millennium Challenge Corporation is an innovative and independent agency that is helping lead the fight against global poverty by focusing on how to deliver smart, results-based development in partner countries.

The U.S. Agency for International Development works in over 100 countries to promote broadly shared economic prosperity, strengthen democracy and good governance, improve global health and food security and provide humanitarian assistance in the wake of natural and man-made disasters. 

###