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Aid, Foreign Aid

How the US Benefits from Foreign Aid to Nauru

U.S. Benefits from Foreign Aid to Nauru

Nauru is a small island nation that, on a map, seems like a speck in the ocean. However, there are 10,000 people that live here, and a dire situation faces the population. As the world faces rising temperatures, island nations like Nauru are in grave danger. According to the Inter-Governmental Panel on Climate Change, sea levels are scheduled to rise between 2 and 3 feet this century. If greenhouse gas emissions are not slowed, sea levels could rise even faster, which would lead to a devastating situation in Nauru producing thousands of refugees and the loss of a homeland.

The current U.S. administration has been slashing budgets for foreign aid, and many have condemned this nationalistic approach to global poverty. The International Rescue Committee has called the proposed cuts “counterproductive and ill-timed,” especially in the face of global instability due to climate change. Considering the ways in which the U.S. benefits from foreign aid to Nauru, these cuts seem counterproductive.

President Trump banned the provision of U.S. funds to countries supportive of Georgia’s “Russian Occupied Territories” in 2017. Since Nauru recognized these territories as independent, it is losing U.S. funding in a time of dire need. The U.S. has historically provided direct assistance to Nauru in the form of water-tanker trucks and aid for Nauru’s law enforcement. Many are urging the U.S. government to reconsider, as countries like Nauru are in extreme need of aid.

The fact of the matter is that when the U.S. provides foreign aid, it boosts national security and helps the global economy. The U.S. benefits from foreign aid to Nauru, as, according to the Bill and Melinda Gates Foundation, everyone is better off when there are more middle-income countries in the world.

Shared prosperity prevents global epidemics and war, and promotes U.S. exports because more countries can afford them. In addition, it promotes global stability and improves the mindset of Americans in a humanitarian manner. Another way that the U.S. benefits from foreign aid to Nauru is that it will prevent a refugee humanitarian crisis, as is happening in Syria.

More specifically to this country, the U.S. benefits from foreign aid to Nauru by the provision of seafood stocks to U.S. fisherman. Nauru is home to the world’s largest sustainable tuna fishery. The fishery is a global leader in tuna conservation, and it provides a product that many U.S. consumers enjoy. If Nauru is not provided aid, world tuna stocks will greatly deplete, which would be destructive to this industry.

The World Bank strongly champions the benefits of foreign aid to Nauru in relation to fish stocks, and addressed this topic in conjunction with increasing economic returns and sustainable management. If there is targeted investment, an extra $300 million could be netted without depleting fish stocks. This aid would greatly improve Nauru’s economy, creating benefits for U.S. exporters and fishermen.

The facts are clear: Nauru needs help, and it needs it now. Experts are condemning current U.S. policy that prohibits aid. The good news is, by providing funds to Nauru, the U.S. is also benefitting itself.

– Jillian Fox
Photo: Flickr

May 28, 2018
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https://borgenproject.org/wp-content/uploads/borgen-project-logo.svg 0 0 Borgen Project https://borgenproject.org/wp-content/uploads/borgen-project-logo.svg Borgen Project2018-05-28 13:15:082024-05-29 22:42:33How the US Benefits from Foreign Aid to Nauru

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