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March 2006



Davos Report: Modest Progress Made on MDGs

Although the world made some progress in 2005 in its efforts to meet the UN Millennium Development Goals (MDGs), it is still investing less than half the effort needed, according to a report from the Global Governance Initiative of the World Economic Forum (WEF). The report, prepared for the WEF annual meeting in Davos, Switzerland, scores the efforts of the world's governments, nongovernmental organizations, and corporations toward achieving the MDGs, as well as progress (or the lack thereof) on peace and security and on human rights. Although this year's score is the best result yet, the highest score achieved in any category was 5 out of a possible 10.

IFPRI Director General Joachim von Braun co-chaired the Expert Group on Poverty and Hunger, together with Sartaj Aziz, former finance and foreign minister of Pakistan, for the second year in a row. The group gave the world a score of 5 for poverty reduction and 4 for hunger reduction in 2005. Contributing factors in the scoring include the heightened attention given to poverty reduction on the global agenda, the UN Millennium Project's delivery of crucial roadmaps for how to halve poverty and hunger by 2015, the G8's cancellation of 100 percent of multilateral debt for poor countries in Sub-Saharan Africa, and China's elimination of taxes on farming and pledge to close the economic gap between cities and countryside.

The full report, Global Governance Initiative Annual Report 2006, can be found at www.weforum.org/globalgovernance.

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