Rural areas face challenges to eradicate extreme poverty, By James Melik, December 6, 2010, BBC News: “Some 350 million people living in rural areas being lifted out of extreme poverty in the past decade, according to The Rural Poverty Report, published by the International Fund for Agricultural Development (IFAD), a United Nations (UN) agency. However, in spite of this, more than a billion people around the world still continue to suffer. The UN describes extreme poverty as living on less than $1.25 (80p) a day. But factors such as human development, a lack of basic needs, vulnerability, livelihood, unsustainability and social exclusion are also considered in the report, which reflects on rural areas across the world and the implications for global food security. The last report came out in 2001 but, according to IFAD’s president Kananyo Nwanze, ideally it should come out more frequently. ‘You shouldn’t have to wait 10 years for a report of this nature,’ he says…”
Tag: Poor nations
Post-Earthquake Rebuilding – Haiti
Funding delays, housing complexities slow Haiti rebuilding effort, By William Booth and Mary Beth Sheridan, November 25, 2010, Washington Post: “Yolette Pierre says thank you, America. She points to the plastic over her head, to a gray sack on the dirt floor, to a bucket in the corner. Thank you for the tarp. Thank you for the rice. Thank you for the water, too. She is as sincere as she is poor. The $3.5 billion in international relief spent after the worst natural disaster in a generation succeeded in its main mission. ‘We kept Haitians alive,’ said Nigel Fisher, chief of the U.N. humanitarian mission. Now the really hard part begins. To weary Haitians such as Pierre, mired in a fetid camp, hoping to sweep away the tons of earthquake rubble and remake broken lives, the wait for $6 billion in rebuilding money promised in March by the United States and other donor nations is more than frustrating. It is almost cruel. Ten months after the earthquake left more than a million people homeless, only a small fraction of that recovery money has been put into projects that Haitians can see…”
Access to Financial Services for the Poor
Gates Foundation pledges $500 million to help the poor save money, By Kim Murphy, Los Angeles Times: “The Bill & Melinda Gates Foundation pledged $500 million Tuesday to help create new banking systems that will reach into the world’s most impoverished corners and allow families earning $2 a day or less to begin saving money. After years of promoting microcredit borrowing to help impoverished farmers and bottom-of-the-rung entrepreneurs expand their business opportunities, foundation leaders said it was increasingly apparent that saving, not just credit, is crucial to helping poor families weather crises, pay for schooling and make small investments to expand their incomes. ‘Loans for the poor in some ways may be more intuitive for people to understand, and I think people naturally understand that poor people often don’t have access to capital or to credit or to cash. But I think people don’t often as easily grasp the concept that the poor actually need to save,’ Melinda French Gates, co-chair of the foundation, said at a forum here on the swiftly expanding global financial sector aimed at serving millions of poor…”