The invasion of Ukraine, which has triggered a hefty increase in military spending among Western nations and a rise in humanitarian and military assistance to the beleaguered country, is now threatening to undermine the flow of ODA to the world’s poorer nations.
World military spending continued to grow in 2021, reaching an all-time high of $2.1 trillion. This was the seventh consecutive year that spending increased, reports the Stockholm International Peace Research Institute (SIPRI).
The number of people suffering from extreme hunger reached an all-time high in 2021 and is on track to increase further this year—unless wealthy countries ramp up efforts to "tackle the root causes of food crises rather than just responding after they occur."
Just a fraction of the giant amount spent on the world's military - 2,000,000,000,000 US dollars - could meet the UN's major funding appeals for ending starvation and tackling the coronvirus pandemic, writes Baher Kamal for IPS news.