FROM THE G-20 SUMMIT IN CANNES, FRANCE
Statement by World Vision Canada's Food Security Policy Advisor, Sheri
CANNES, France, Nov. 2, 2011 /CNW/ - "A great deal of the discussion so
far at this summit on development has been on innovation in financing
and programming. While we appreciate the great work the Gates
Foundation has done to bring needed attention and investment to food
security and maternal and child health, we can't help but note how
ironic it is that we are responding to a report commissioned by the 20
richest countries by one of the world's richest people to find
innovative ways to fund poverty reduction."
"It should be humiliating to the G-20 countries that 44 percent of
world's stunted children live within their borders. We think these G-20
leaders should focus on solving their own child health and nutrition
"Of course innovation will improve our ability to meet global poverty
reduction commitments, but what we need most is for the G-20 countries
to spend the money they promised to spend. Through the L'Aquila process
for food security, several countries—some of which are G-20
countries—have committed $22 billion and only about a quarter of that
money has been spent so far, they've promised more for health through
the Muskoka Initiative and the UN's fund for Every Woman Every Child.
Innovative financing would make more sense if the G-20 were already
doing their part."
"For example, spending $11.8 billion a year in already-promised funding
on nutrition would save 1.1 million children and prevent stunting in
150 million children."
"We know what works and whether the financing comes through donor
governments or innovative sources, it's critical that it supports
developing country governments to deliver measurable results for women
"Five of the 10 most cost effective development interventions are
nutrition interventions aimed at the first 1000 days of a child's life,
such as, micronutrient supplements for children, like vitamin A and
zinc, micronutrient fortification with iron and salt iodization,
biofortification of crops, deworming and other nutrition programs at
school and community-based nutrition and breastfeeding promotion."
SOURCE World Vision Canada
For further information:
Tiffany Baggetta in Cannes, France at the G-20