Disasters, Financial Crisis Threaten MDGs

Recent natural disasters and the global financial crisis may hamper the realization of the United Nations Millennium Development Goals by 2015, according to Ali Treki, who presided the 64th session of the U.N. General Assembly in China. Treki noted that the earthquakes in Haiti and Chile are reminders that natural disasters can negatively impact progress toward the MDGs, Xinhua reports. He also said the downturn has already reversed some of the progress toward these goals.

“This crisis, coupled with the negative effects of climate change and higher food and energy prices, have pushed millions of more people into poverty,” Treki was quoted by Xinhua. “It has exposed the unfairness in the global economy and it has also shown how closely integrated and dependent we are on one another.”

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.