$160 per year for poorest to eradicate world hunger by 2030: UNJuly 10, 2015 - 18:46 AMT PanARMENIAN.Net - Just $160 per year for each person living in extreme poverty would eradicate world hunger by 2030, the United Nations said on Friday, July 10, recommending the money should be delivered through both cash transfers and "pro-poor" investments. Eliminating hunger is one of the UN's sustainable development goals (SDGs), new objectives set to replace the eight expiring UN Millennium Development Goals (MDGs). The SDGs will be finalized in September, but UN officials say member states have identified 17 goals and 169 targets. The second goal targets hunger, malnutrition and food insecurity. "If we adopt a 'business as usual' approach, by 2030, we would still have more than 650 million people suffering from hunger," said José Graziano da Silva, director general of the UN's Food and Agriculture Organization (FAO). The new report, prepared by FAO, the World Food Program (WFP) and the International Fund for Agriculture Development (IFAD), comes ahead of a major international conference on financing for development in Addis Ababa, Ethiopia next week. The UN wants cash transfers to "eliminate hunger immediately" by bringing people up to the World Bank's poverty line of $1.25 per day. It estimates this would cost $116 billion per year, $75 billion of which would go to rural areas. To ensure the drop in hunger is sustainable, "pro-poor" investments of $151 billion per year are needed in areas such as irrigation, infrastructure and credit facilities on top of cash transfers, the UN said. The total sum the UN says is needed each year is $267 billion. "Given that this is more or less equivalent to 0.3 percent of the global GDP, I personally think it is a relatively small price to pay to end hunger," Graziano da Silva said in a statement. Though much progress has been made in recent years, nearly 800 million people worldwide do not have enough to eat. Most live outside cities. "We cannot allow them to be left behind," said Ertharin Cousin, executive director of the World Food Program. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |