In July 2008, world food prices reached their highest peak since the early 1970s. Food stocked on grocery store shelves was out of reach. Riots ensued. Millions were afflicted. Another 100 million people were pushed into the ranks of the hungry, raising the total to nearly one billion worldwide. And these numbers could climb again as food prices remain high, and continue to rise in many local markets.
Topic:
Agriculture, Poverty, Foreign Aid, and Foreign Direct Investment
Climate change is a reality and its effects are apparent right now. The scientific predictions are shifting continually – they almost always look bleaker. But Oxfam's experience in nearly 100 countries is definitive: hundreds of millions of people are already suffering damage from a rapidly changing climate, which is frustrating their efforts to escape poverty. This paper is the story of the 'affected'.
Topic:
Climate Change, Poverty, Natural Resources, Food, and Famine
The recent sharp increase in food prices should have benefited millions of poor people who make their living from agriculture. However, decades of misguided policies by developing country governments on agriculture, trade, and domestic markets - often promoted by international financial institutions and supported by donor countries - have prevented poor farmers and rural workers from reaping the benefits of higher commodity prices. As a result, the crisis is hurting poor producers and consumers alike, threatening to reverse recent progress on poverty reduction in many countries. To help farmers get out of poverty while protecting poor consumers, developing country governments, with the support of donors, should invest now into smallholder agriculture and social protection.
Topic:
International Relations, Humanitarian Aid, Non-Governmental Organization, and Poverty
The unprecedented turmoil in the world's financial markets has resulted in a significant loss of trust in the global financial system. Financial institutions and the market as a whole have been criticised for short-termism, for lacking transparency, and for not being properly accountable to regulators or to wider society. The credit crisis has also raised wider questions about the proper role of investors in society, both in terms of the specific investments that they make and the manner in which they use their influence to ensure that the positive social and environmental impacts of their investment activities are maximised, and the negative impacts minimised.
The world's poor must not pay the price for the collapse of financial markets. Without immediate action, millions will suffer. Poor women and children will pay for the financial folly, failed ideology and crude self-interest that led to this crisis. Much of the burden will be borne by those least able to cope, whether it is poor families evicted from their homes in Detroit, or poor children dying in Mali for want of basic medical care.
As the leaders of 20 industrialised and emerging economies convene in Washington for their G20 Emergency Summit on 15 November, small-scale tinkering and limited financial regulation is not good enough. The world leaders gathered for the G20 meeting must heed the call of many around the world, including Ban Ki-moon, Kofi Annan1 and others, to have the ambition and will to act now to help the poorest. The decisions cannot all be taken now, but an ambitious vision can be articulated and followed by work with the UN in the coming months to rapidly build from the ashes of this crisis a new 21st century political and economic system that is just and equitable.
Topic:
Economics, Globalization, Political Economy, Poverty, and United Nations
For the poorest and most vulnerable people in today's world, climate change is a 'triple whammy': they didn't cause it, they are most affected by it, and they are least able to afford even simple measures that could help protect them from those damaging impacts that are already unavoidable.
Topic:
Climate Change, Energy Policy, Environment, Globalization, and Poverty
Poor communities in the developing world are hit hardest by the impacts of climate change, while they are least responsible for the problem and most vulnerable to climate impacts, such as severe floods, drought, and storms. At the climate change negotiations in Bali in December 2007, governments recognized that adaptation should be central to the negotiations. In the Bali Action Plan, adaptation is one of the four building blocks besides mitigation, finance, and technology transfer, and the Plan provides a mandate to negotiate on 'new and additional resources' and the use of 'innovative finance mechanisms' to address urgent and compelling climate adaptation needs.
Topic:
Climate Change, Energy Policy, Environment, Globalization, and Poverty
Some donors and governments propose that health insurance mechanisms can close health financing gaps and benefit poor people. Although beneficial for the people able to join, this method of financing health care has so far been unable to sufficiently fill financing gaps in health systems and improve access to quality health care for the poor. Donors and governments need to consider the evidence and scale up public resources for the health sector. Without adequate public funding and government stewardship, health insurance mechanisms pose a threat rather than an opportunity to the objectives of equity and universal access to health care.
The year 2008 is halfway to the deadline for reaching the Millennium Development Goals. Despite some progress, they will not be achieved if current trends continue. Aid promises are predicted to be missed by $30bn, at a potential cost of 5 million lives. Starting with the G8 meeting in Japan, rich countries must use a series of high-profile summits in 2008 to make sure the Goals are met, and to tackle both climate change and the current food crisis. Economic woes must not be used as excuses: rich countries' credibility is on the line.
Topic:
Agriculture, Climate Change, International Political Economy, International Trade and Finance, and Poverty
Climate change is having a destructive impact on many groups around the world. Pastoralists in East Africa have been adapting to climate variability for millennia and their adaptability ought to enable them to cope with this growing challenge. This paper explains the policies required to enable sustainable and productive pastoralist communities to cope with the impact of climate change and generate sustainable livelihoods.