Rising global inflation is expected to hit emerging and developing economies particularly hard this year. “Crisis Confluence” It threatens us all, warns the United Nations acting director-general of human rights.
coping with Human Rights Council In Geneva on Thursday, Nada Al-Nasif cited the International Monetary Fund (IMF) that advanced economies will have to prepare for an average inflation rate of 6.6% in 2022, well below the 9.5% expected to hit poorer countries.
Al-Nassif said that while the world’s richest countries have seen employment rates return to or exceed pre-pandemic levels by the end of 2021, “most” middle-income countries will recover from the pandemic. He added that he had not yet succeeded in recovering from COVID-19 (new coronavirus infectious disease) crisis.
The Legacy of COVID and the Suffering of Ukraine
of coronavirus “It exposed and exacerbated existing inequalities.” Sustainable growth ‘delayed by several years’ in many parts of the worldDuring the biennial discussion on development rights, the Deputy Director-General of the UN Rights Department told the Council.
Unsustainable sovereign debt burdens have “pressured” many developing countries as they have had a negative impact on the provision of social protection, Al Nasif continued, adding: Many countries are now facing unprecedented financial hardships, “including social unrest”It was because his hands were tied with the repayment of a large loan.
To make matters worse, the acting rights director reiterated that Russia’s February 24 invasion of Ukraine led to “significant human casualties” at home and across borders.
The war has also caused new disruptions in global supply chains and contributed to “high fuel and food prices” that have disproportionately affected women and girls, Al-Nassif explained.
Increase in extreme poverty
An additional 75 to 95 million people are expected to live in extreme poverty this year, compared to pre-pandemic projections, she continued, referring to World Bank data.
She noted that of the 760 million people living in extreme poverty, “there will be 16 million more women and girls than men and boys.” Most of her, 83.7%, lived in her next two areas only. Sub-Saharan Africa (62.8%) Central and South Asia (20.9%).
“The confluence of crises is food and nutrition, health and education, the environment, peace and security, further impede progress towards the realization of 2030 agenda And it is jeopardizing a sustainable recovery from the pandemic,” Al Nasif continued.
Climate Change “Recovery” Fund
Leading independent human rights expert on relevant alerts called on Thursday for the creation of a global ‘recovery’ fund To help states hit hard by extreme weather events caused by climate change.
Ian Fry Special Rapporteur on the promotion and protection of human rights in the context of climate changeissued his appeal at the end of an official visit to Bangladesh.
Southeast Asian countryNo one should bear the burden of climate change alone“For too long, major emitters have denied responsibility for the suffering they cause,” he added.
rights expert – person appointed by Human Rights Council The Independent said in March this year that repeated flash floods this year in Sylhet, northeastern Bangladesh, have exposed women in particular to the most dangerous impacts of climate change.
Due to the emergency, they were forced to walk long distances to fetch fresh water “at risk of sexual harassment” and were kept away from raising children and farming, the special rapporteur said.
He added that the rising waters are killing livestock, ruining crops and storing seeds, and it will take at least two years for the community to fully recover.