World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 

Alarming Rise In Malnourished Due To Food Prices

Alarming rise in malnourished due to food and fuel price crises – World Bank

9 October 2008 – The number of malnourished people around the world is set to increase by 44 million to almost 1 billion by the end of 2008 due to the combined impact of the food and fuel price crises, according to a World Bank report.

Poor families around the world are being pushed to the brink of survival, causing irreparable damage to the health of millions of children, said the report, entitled Rising Food and Fuel Prices: addressing the risks to future generations.

It added that as families cut back on spending, there are also grave risks for the educational performance of poor children.

“While people in the developed world are focused on the financial crisis, many forget that a human crisis is rapidly unfolding in developing countries,” said World Bank Group President Robert B. Zoellick.

“The financial crisis will only make it more difficult for developing countries to protect their most vulnerable people from the impact of rising good and fuel costs,” added Mr. Zoellick.

The report, slated for presentation this weekend at the annual meeting of the World Bank and its sister institution the International Monetary Fund (IMF), sets out a series of priority measures aimed at reducing the impact of the food and fuel price crises on the poor.

These include making existing cash transfer programmes more generous, providing nutrition for infants and pregnant women, expanding food distribution programmes, using targeted subsidies for poor consumers, and implementing additional measures to prevent children from dropping out of school.

“Malnourished children cannot develop into healthy adults and become productive members of society who can contribute to the growth needed to lift themselves and their country out of poverty,” the Bank stated in a press release issued yesterday.

In May the Bank launched a $1.2 billion rapid financing facility to help poor countries cope with the food crisis. Since them, around $850 million has been committed to finance seeds, plantings and feeding programmes. In April Mr. Zoellick called for a “New Deal for Global Food Policy” that included a variety of measures providing immediate help to poor people and farmers while increasing food production.

ENDS

© Scoop Media

 
 
 
 
 
World Headlines

 

Werewolf: Gordon Campbell On North Korea, Neo-Nazism, And Milo

With a bit of luck the planet won’t be devastated by nuclear war in the next few days. US President Donald Trump will have begun to fixate on some other way to gratify his self-esteem – maybe by invading Venezuela or starting a war with Iran. More>>

Victory Declared: New Stabilisation Funding From NZ As Mosul Is Retaken

New Zealand has congratulated the Iraqi government on the successful liberation of Mosul from ISIS after a long and hard-fought campaign. More>>

Gordon Campbell: On The Current US Moves Against North Korea

If Martians visited early last week, they’d probably be scratching their heads as to why North Korea was being treated as a potential trigger for global conflict... More>>

ALSO:

Gordon Campbell: On The Lessons From Corbyn’s Campaign

Leaving partisan politics aside – and ignoring Jeremy Corbyn’s sensational election campaign for a moment – it has to be said that Britain is now really up shit creek... More>>

ALSO:

Another US Court: Fourth Circuit Rules Muslim Ban Discriminatory

ACLU: Step by step, point by point, the court laid out what has been clear from the start: The president promised to ban Muslims from the United States, and his executive orders are an attempt to do just that. More>>

ALSO:

 
 
 
 
 
 
  • Pacific.Scoop
  • Cafe Pacific
  • PMC