immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Sustainable Development Goals and United Nations

United Nations: New estimates indicate that about $1 trillion U.S. of additional annual investment will be needed to achieve the United Nations emerging sustainable development goals over the coming decades, according to The Star. We can and should do more. At only about 0.3 per cent of GDP, our aid budget is less than half of Lester B. Pearsons internationally agreed target of 0.7 per cent. Despite the ongoing burdens of the 2008 financial crisis, in 2013 the United Kingdom became the first G7 country to reach Pearsons goal and About one in five people around the developing world still live on less than $1.25 U.S. a day. After decades of experimentation, we have good evidence on what works in the fight against extreme poverty. But we still lack sufficient resources to win this battle. The roughly $5 billion in public aid that Canada provides annually to poor countries is, comparatively, a drop in the global anti-poverty bucket. We already stretch its impact by funneling some of this aid through multilateral organizations, such as the World Bank, and partnerships with private companies. (www.immigrantscanada.com). As reported in the news.