Greece joined the “Global Alliance against Hunger and Poverty“.
The Global Alliance against Hunger and Poverty was established as a proposal from the Brazilian presidency of the G20 to support and accelerate efforts to eradicate hunger and poverty (Sustainable Development Goals (SDGs 1 and 2), while reducing inequalities (SDG 10).
The core of the Alliance is the Policy Basket, a menu of rigorously evaluated policy instruments, ensuring that donor investments are directed toward cost effective, high-impact initiatives. Acting as a neutral facilitator, the Alliance builds partnerships and mobilizes financial and knowledge resources to implement these policy instruments.
In an innovative approach, the Alliance reduces transaction costs and avoids duplication of efforts by leveraging a unified database, streamlining the identification of knowledge and funding needs and opportunities.
The “Global Alliance Against Hunger and Poverty” was officially launched on November 18 2024 at the G20 Leaders’ Summit in Rio de Janeiro.