€143 per person per year can end chronic hunger globally


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€143 per person per year can end chronic hunger globally
€143 (US$160) directed to people living in extreme poverty over a year can end world hunger in 15 years, the United Nations (UN) has said.

A Food and Agriculure Organisation (FAO) report published today in Rome on achieving ‘Zero Hunger​’​, said €240bn was needed per year between now and 2030 to end hunger that still afflicts 800 million of the world’s poorest people.

“Hunger in a world of plenty is not just a moral outrage; it is also shortsighted from the economic point of view,"​ the report states.

The report, worked on with the International Fund for Agriculture Development (IFAD) and the World Food Programme (WFP), calls for ‘targeted investments’ and social protection measures to end hunger.

"The message of the report is clear: if we adopt a ‘business as usual’ approach, by 2030, we would still have more than 650 million people suffering from hunger. This is why we are championing an approach that combines social protection with additional targeted investments in rural development, agriculture and urban areas that will chiefly benefit the poor,"​ said FAO director general José Graziano da Silva.

"Our report estimates that this will require a total investment of some US$267bn (€240bn) per year over the next 15 years. 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."

Investment required to reduce global hunger

IFAD president Kanayo F Nwanze added: "This report helps us to see the magnitude of the challenge ahead of us, but we believe that we won't see gains in reducing poverty and hunger unless we seriously invest in rural people.”

"Given the right kind of tools and resources, small-scale agricultural producers and rural entrepreneurs can transform struggling communities into thriving places.”

Measures could include food processing to reduce post-harvest waste and losses; stronger institutional arrangements for land and water tenure; credit facilities; labour legislation, and nutrition-related services.

Such actions as these could “make farm and off-farm activities and markets accessible to marginalised groups, including women and young people.”

Snapshot of global hunger challenges

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Missing the Economic Problem

Posted by Brad Wilson,

This sounds great but incomplete and therefore inadequate. Money is needed for many many things, not just for ending hunger, and the cost is surely much greater. For the FAO to mention those things would be to tick off those who have achieved political domination around the world, so it's much safer to leave them out. Perhaps the biggest missing issue is that agricultural prices and supplies don't self correct as is assumed under 'free' market capitalism and 'free' trade. This is true on both supply and demand sides. Therefore global consumers, (well, up front it's 90% just a few giant corporations,) are massively subsidized by farmers, by the market failures. The neoliberal ideology, therefore, provides massive private sector corporate welfare. We need a different model for markets and trade, (a people's capitalism?), so that global farmers will be paid fairly, with no subsidies needed anywhere. That's where most of the money should come from, from market management that makes agribusiness pay global farmers fair prices. This would require the U.S. and E.U. to make a profit on farm exports, and that would tick off a bunch of the richest people in the world, (those who pay for political campaigns!). We can start with the U.S. farm bill, with a goal to again make a profit for farmers, farm states and on US exports, (as the US sets many global farm prices). We also need global fair trade agreements, just the opposite of what we've been seeing. That's in addition to what's called for in this article, which is also needed to make up for the farm market exploitations of the past 62 years (of the US lowering global farm prices).

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it is a shame

Posted by Vinner,

It is a shame, that the greed of some individuals who possess more than 10 Mio US$ pro person makethe rest ofthe planet suffer hungerand destruction,...
Especially such thing as hunger is a horrorable thing. And this we have in the 21st century, instead of thinking how to reduce the global population through hunger, those filthy overrich greedy individuals should invest in exploration of other planets for humans to live on and fight the hunger globally, so we all survive and move to a new nice planet and survive togehter, where is enough place for everyone.

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