Global Alliance Against Hunger and Poverty

23.11.2024

Global Alliance Against Hunger and Poverty

Why in the news?                                                                                                                                                                                                                                      The G20 Leaders’ Summit held in Rio de Janeiro, Brazil was headlined by the official launch of the Global Alliance Against Hunger and Poverty.

About Global Alliance Against Hunger and Poverty:

• It will serve as a platform for connecting countries in need of assistance with public policies targeted towards eradicating hunger and poverty, with partners willing to offer expertise or financial support.
• It consists of 81 countries (including India), 26 international organisations, 9 financial institutions and 31 philanthropic foundations and non-governmental organisations have already joined the Alliance.
• Any member country can access proven best practices from other members and identify potential partners willing to assist in the development of its own national model.” Assistance may be in the form of technical expertise or financial support.
• The Alliance has identified an evidence-based policy basket, which comprises more than 50 policy instruments that member countries can avail support for.
• Of particular importance are the six “Sprints 2030”, high-impact areas which will see target-oriented initiatives catering to the most vulnerable.
• These include: school meals; cash transfers; smallholder and family farming support programs; socio-economic inclusion programs; integrated maternal and early childhood interventions; and water access solutions.

Funding of the Global Alliance Against Hunger and Poverty:

• The Alliance does not boast an exclusive fund.
• It envisions playing a matchmaking role, connecting countries in need with motivated donors and technical support.
• The $2-3 million required annually for its operations will come from member countries and institutions such as the Food and Agriculture Organization (FAO), UNICEF, and the World Bank.

                                                                 Source: Indian Express

With reference to Global Alliance Against Hunger and Poverty, consider the following:

1. It will serve as a platform for connecting countries in need of assistance with public policies targeted towards eradicating hunger and poverty.

2. India is not a member of this initiative.

3. It is funded by the member countries and International organization.

How many of the above statements are correct?

A.Only one

B.Only two

C.All three

D.None

Answer B