London Hunger Summit Funds $4 Billion
The London Hunger Summit this year encouraged global leaders to take a stand on global hunger and poverty and make a difference. As a result, by the end of the day, $4 billion of funding had been secured to go towards ending hunger and malnutrition across the world. The Summit was a global accomplishment, with donations coming from businesses, governments, charities, and foundations in many countries.
The money will be distributed to several different causes, and some countries specified where they would like their donations to be spent. For example, Australia asked that their $40 million donations go towards improving nutrition in the Pacific Ocean area, and the British company Del Agua’s $670 million donations will be spent throughout the following years on providing clean drinking water in Rwanda.
However, even though raising $4 billion is a huge accomplishment, the U.K. can still improve to do even more for the world’s poor by more closely monitoring donations to determine where they are most needed. Some donors are not as transparent as they should be when they give back, so the U.K. doesn’t have the best data to learn where those donations are going and how much is actually making it to the people who need help. By monitoring how much money is given and which areas are receiving the help, the U.K. can decide which areas still need assistance, therefore maximizing efficiency and helping the most people possible.
– Katie Brockman
Source Huffington Post, The Guardian