All the following about the Memorial have been clear EXCEPT [originaltext]

News Item 2
    The United Nations Friday announced an international competition to design a memorial honoring the victims of slavery. It’s estimated that over 500 years, more than 18 million people were abducted from Africa and forced into slavery in the Americas, the Caribbean and Europe.
    The sculpture will be located at U. N. headquarters in New York. Its official name is The Permanent Memorial at the United Nations in Honor of the Victims of Slavery and the Transatlantic Slave Trade.
    The memorial is expected to cost around $4. 5 million dollars. An urgent appeal is being made to both the public and private sector to raise the needed funds.
    The current timetable calls for the memorial to be completed by the end of 2013. It is not yet clear where the U. N. grounds it will be located. The memorial will be erected under the theme; " Acknowledging the Tragedy; Considering the Legacy; Lest We Forget. "