By Claudia Parsons,
NEW YORK (Reuters) - Former U.S. President Bill Clinton announced a plan on Thursday to fight poverty in the developing world in partnership with the mining industry, which often is accused of exploiting the poor and the environment.
The Clinton-Giustra Sustainable Growth Initiative has initial commitments of $100 million each from two philanthropists -- Canadian financier Frank Giustra and Carlos Slim, a Mexican telecommunications billionaire listed by Forbes as the world's third richest man.
The initiative will start in Colombia and hopes to expand to Peru, Mexico and other Latin American countries soon. It would then move on to other continents.
Giustra, a major figure in the Canadian mining industry who so far has enlisted 20 mining companies and organizations in the coalition, said he would also donate half of all his future income from the natural resources business.
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