‘Our best estimate is that the cost of protecting the most vulnerable 10 per cent of people in the world’s poorest countries from the very worst impacts of the pandemic is approximately $90 billion. $90 billion is a lot of money. But it is an affordable sum of money. It is equivalent to just 1 per cent of the global stimulus package the world’s richest countries have put in place to save the global economy...
‘Some may be sceptical that additional resources of that magnitude can be generated in the current circumstances. That is not my experience. After the financial crisis of 2008 fundraising for UN-coordinated humanitarian appeals had increased by more than 40 per cent by 2010. That was a result of human generosity and empathy – but also a calculation of national interest in the donor countries.’
Read here (OCHA, May 4, 2020)
