New report says that eradicating world hunger in 15 years will require an additional $160 annually for each person living in extreme poverty

[fullwidth background_color=”” background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” border_color=”” border_style=”” padding_top=”20″ padding_bottom=”20″ padding_left=”0″ padding_right=”0″ hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][title size=”1″ content_align=”left” style_type=”underline solid” sep_color=”#000000″ margin_top=”” margin_bottom=”” class=”” id=””]New report says that eradicating world hunger in 15 years will require an additional $160 annually for each person living in extreme poverty[/title][fusion_text]Friday, July 10th 2015

A new report says that eradicating world hunger in 15 years will require an additional $160 annually for each person living in extreme poverty. The report – prepared by the Food and Agriculture Organization of the United Nations (FAO), the International Fund for Agriculture Development (IFAD), and the World Food Programme (WFP) – says progress has been made in recent decades, but nearly 800 million people around the world still don’t have enough food to eat. For an additional $267 billion per year, the report said chronic undernourishment could be a thing of the past by 2030. While that may seem like a hefty price, FAO Director-General José Graziano da Silva said it is a very attainable figure when approached globally. The report noted that the international community needs to build on the successful experiences of some countries that have effectively used a combination of investment and social protection to combat hunger and poverty in rural and urban areas. The report points out that the current approach will still have 650 million people experiencing hunger by 2030. It contrasts this with a combined social protection and investment scenario where public funded transfers will be used to lift people out of chronic hunger by ensuring that they reach an income of $1.25 per day, which corresponds to the World Bank-determined poverty line level. This social protection measure would cost an additional $116 billion per year – $75 billion for rural areas and $41 billion for urban areas. Some $151 billion in additional pro-poor investments – $105 billion for rural development and agriculture and $46 billion for urban areas – would also be required to stimulate income generation to the advantage of those living in poverty. The combination of social protection and investments brings the total to $267 billion.

[/fusion_text][/fullwidth]