NATO's Defense Investment Pledge, agreed at the 2014 Wales Summit, commits allies to aim to spend at least 2% of GDP on defense and 20% of defense expenditure on major equipment, including R&D, within a decade.
- True
- False
Answer: True
The Pledge addresses capability gaps and burden-sharing concerns. While not legally binding, it creates political accountability through annual reporting. As of 2024, over 20 allies meet or exceed the 2% target, strengthening Alliance deterrence and readiness amid evolving security challenges.