Hope on the horizon: World Bank and IMF join African Union, EU and UN at talk hosted by WFP

 WFP, Nov 18, 2020

The coronavirus pandemic is exposing the multiple fragilities of the global system, which are threatening to reverse decades of hard-won gains in development and food security.

Containment and mitigation measures to limit the spread of the disease have disrupted production systems, creating a “capital-flow reversal and decline in international trade”. This has severely worsened the existing problems of conflict and climate change — key drivers of hunger.

In the 88 countries where the World Food Programme operates, acute hunger is projected to affect 270 million people by the end of the year, an 82 percent increase on 2019.

To reflect on how to address these challenges through increased collaboration, the United Nations Secretary-General and the heads of the World Bank and International Monetary Fund (IMF) came together at a high-level event hosted by the World Food Programme (WFP) on Monday.

In full: https://insight.wfp.org/hope-on-the-horizon-world-bank-and-imf-join-african-union-eu-and-un-at-high-level-talk-hosted-by-c8505fe8032d

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