Site Contents
Aids
Arts & Culture
Aging
Biodiversity
Business
Climate Change
Conflict Resolution
Country Reports
Columnists
Conferences
Development
Development Banks
Diplomacy
Ecommerce
Economic Summit
Energy
Environment
Europe Dispatch
European Union
Food Security
Gender Issues
Global Trade
Globalization
Health
Human Rights
Media
Population
Profiles
Racism
Science
Sustainability
Technology
Terrorism
Tourism
United Nations
Youth
Water
Web Reviews
The Earth Times | Posted March 18, 2002



FINANCING FOR DEVELOPMENT

With the will, world hunger can be eradicated

> BY PREETI DAWRA
Copyright © 2002 by The Earth Times. All rights reserved


MONTERREY, Mexico -- Three UN food and agricultural agencies warned that the International Conference on Financing for Development being held in Monterrey, Mexico, cannot spur broad-based economic development unless it leads to increased funding to fight world hunger and rural poverty. The UN Food and Agriculture Organization (FAO), the International Fund for Agricultural Development (IFAD) and the World Food Programme (WFP) charge: "Without increased, targeted funding to fight world poverty and hunger, the most basic of obstacles to human and economic potential will remain. Moreover, hunger and poverty will not be halved by 2015, as agreed by world leaders at the Millennium Summit in 2000. Progress towards these goals has been proceeding well below the rates needed for success."

FAO Director-General Jacques Diouf said: "A hungry person is an angry person, easily swayed by charges that the global economic system is not working and should be trashed in favor of something radically different."

Of the 1.2 billion people who live in extreme poverty on less than $1 a day, 75 percent live in rural areas and make their living primarily through agriculture. And 780 million people in the developing world still live in hunger. Yet, over the last 15 years, aid to agriculture and rural development has declined by nearly half. The UN agencies are urging the Monterrey conference participants to reduce this downward trend in development finance.

A joint report prepared for FfD, FAO, IFAD and WFP outlines a twin-track strategy for achieving substantial reductions in hunger and poverty. One track involves promoting agricultural and rural development mainly through productivity increases, especially among small farmers, in order to achieve broad-based economic growth, increased food availability and sustained poverty reduction. The second and parallel track involves improving food availability to raise the productive potential of those who are weakened by hunger, and allow them to take advantage of the opportunities offered by development.

Widespread hunger and malnutrition in a world of plentiful food implies that extreme poverty is the root cause of undernourishment. At the same time hunger and malnutrition are major causes of poverty. The agencies charge: "Between 1975 and 1999, countries that managed to reduce the prevalence of hunger invested substantially more in agriculture than those where undernourishment remains widespread. It is worrying that capital formation per agricultural worker has remained stagnant or declined in countries where more than 20 percent of the population is undernourished and where agriculture is essential for poverty reduction and food security."

"There is disconnect, in fact a fundamental inconsistency, between where aid goes and the fact that poverty is found overwhelmingly in rural areas," said Lennart Bage, President of IFAD. "Aid must be targeted to enable the rural poor to build better lives for themselves and their families through linking them with productive assets, markets and institutions."

Home | News Archives | Browse | Feedback

(c) 2004 Earthtimes.org, All Rights Reserved.

Earthtimes offers News, Environmental news, Shopping Categories, reviews on shops and more.
earth times home View News Archives Browse by Category Your Feedback is important for us to improve