Wednesday, 17 October 2012

“Underwrite the poor like we underwrote the banks” – UN experts propose Global Fund for Social Protection



GENEVA/NEW YORK – “Nearly 80 percent of the world’s poor do not have access to social protection to shield them from the effects of unemployment, illness, or disability – not to mention crop failure or soaring food costs. Yet, if we were to dedicate 2 percent of global GDP to securing this human right, basic social protection could be provided to all of the world’s poor,” stated Olivier De Schutter, the UN Special Rapporteur on the right to food, and Magdalena Sepúlveda, the UN Special Rapporteur on extreme poverty and human rights.

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