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In the latest World Summit on Food Security held in Rome in November 2009, FAO stated that it would take $44 billion a year to put an end to world hunger. Does it sound like a lot of money? Governments say it does, as they do not have so much money and it is a utopia to think they can ever get such an amount. However, governments do not say that in 2007, the expenditure in arms was more than 30 times greater ($1,340 billion), just to set an example. Or that $44 billion is more or less the budget of Beijing-based Olympic Games of 2008. The only thing necessary to end world hunger is just politicians’ willpower.
What would it really cost to end global hunger? The United Nations estimates that it would take at least $30 billion per year to solve the food crisis, mainly by boosting agricultural productivity in the developing world. Over the decade that it would take to make sustainable improvements in the lives of the 862 million undernourished people, that amounts to $300 billion.
Three hundred billion dollars is a lot of money, and the U.S. government won't foot the bill alone. But it's less than half of 1% of the world's combined gross domestic products, not an unreasonable sum to invest in ending the misery and degradation of hunger. After all, Congress shelled out $21 billion last year for foreign aid and this week it approved $162 billion for the wars in Iraq and Afghanistan for fiscal 2009. The U.S. spent $340 billion in 2006 alone on public and private research and development. Directing just one-tenth of that seed money to sustainable, high-yield agriculture in the developing world could trigger a second Green Revolution.
What would it really cost to end global hunger? The United Nations estimates that it would take at least $30 billion per year to solve the food crisis, mainly by boosting agricultural productivity in the developing world. Over the decade that it would take to make sustainable improvements in the lives of the 862 million undernourished people, that amounts to $300 billion.
Originally posted by Cabin
reply to post by Hopechest
What would it really cost to end global hunger? The United Nations estimates that it would take at least $30 billion per year to solve the food crisis, mainly by boosting agricultural productivity in the developing world. Over the decade that it would take to make sustainable improvements in the lives of the 862 million undernourished people, that amounts to $300 billion.