blogs  
 
yournews
   
 
Video Photos Finance Travel Weather Discussion TV Shows
| |
 
  Home ›
 
World News

 

Financial crisis threatening international aid, says UN humanitarian chief
Posted: 18 October 2008 0421 hrs

  John Holmes
 
Photos  of

   
 



OSLO : As wealthy countries fall victim to the global financial crisis they must resist pressure to cut their desperately needed international aid, UN humanitarian aid chief John Holmes urged in an interview with AFP.

"Our very strong plea is: 'please, try to insulate your development budgets from those pressures'," Holmes said on the sidelines of a conference in Oslo this week on internally displaced people.

"We fear that for the developed countries the financial crisis will put pressure on budgets because they will have to spend money not only on financial bailouts but also maybe on higher unemployment" benefit payments, he said.

At a time when the world is facing a growing food crisis, a multitude of armed conflicts, and an increasing number of natural disasters sparked by climate change, larger swaths of the global population will be in need of international assistance, Holmes said.

"Whatever the (financial) pressures might be ... developed countries should make sure that these (aid) budgets are maintained and, if possible, increased," he said.

While the global financial turmoil has yet to take a clear negative toll on international aid budgets, Holmes said he feared the impact of the crisis would soon become apparent.

"There have been no effects yet on aid flows or aid budgets, or indeed, much effect yet on the poorest countries themselves," he said, but added that "rising needs matched by reducing budgets is a combination I really don't want to contemplate."

"What we fear is that as we go into next year ... the poorest countries can suffer more," Holmes said, pointing out that in addition to a possible cut in aid, the developing world would likely be hard-hit by decreased international trade, shrinking investments and lower commodity prices.

"They may finish off in a worse economic situation than they are in now and the most vulnerable people will suffer the most," he said, adding: "Probably Africa will suffer the most, as usual."

Citing recent research figures, the UN's emergency relief chief said climate change and other factors could push the number of internally displaced people to quadruple from 50 million today to 200 million by 2050.

This poses huge new challenges for the international community, he said.

"There is no doubt that the trend of increasing disasters is already visible now. Whatever happens now in terms of reducing greenhouse gases, the effects of existing climate change will be with us for 20-30 years and probably longer," Holmes said.

Going forward, we will need to gain a better understanding of how the situation is changing.

We also will need to "ask ourselves whether we have the right institutions and norms to deal with this, as we are going to have to potentially deal with a new group of people: climate refugees," Holmes cautioned.

- AFP /ls

 


Other world News
Blasts rock Syria's Aleppo, tanks enter Homs
Europe's Danube freezes over, cold snap toll at 460
Obama hails Italian PM in talks on euro crisis
Argentina to lodge Falklands protest at UN Friday
Palestinian leadership backs Fatah-Hamas Doha deal
British Islamists jailed for plotting terror attacks
Britain to defend Falklands right to self-determination: PM
US approves first nuclear plant in decades
US says it has not seen Egypt charges against NGO staff
Algeria's president sets May parliament polls
Steve Jobs' unflattering FBI files released
Cautious welcome for UN-Arab League mission in Syria
Obama to meet Italian PM on euro crisis
Syria unrest death toll rises
Syria's Homs under new deadly blitz

 

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions