IBOV 206,646.34 ▼ 0.13% IPSA 11,139.52 ▲ 0.13% IPC MEX 64,975.08 ▲ 0.69% MERVAL 2,897,435 ▲ 0.97% COLCAP 2,596.95 ▲ 0.55% BVL PERÚ 60,220.93 ▲ 0.51% USD/BRL4.97▼ 0.38% USD/MXN17.97▼ 0.64% USD/CLP972.23▼ 0.04% USD/COP3,230▲ 1.15% USD/PEN3.44▼ 0.17% USD/ARS1,520— 0.00% USD/UYU40.09▲ 2.87% USD/PYG5,835▲ 3.25% USD/BOB11.90▲ 2.31% USD/DOP60.36▲ 4.52% USD/CRC454.50▲ 2.57% USD/GTQ7.64▲ 3.36% USD/HNL26.86▲ 3.49% USD/NIO36.62▲ 2.96% USD/VES870.21▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.68▲ 1.99% EUR/BRL5.60▼ 4.63% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 206,646.34 ▼ 0.13% IPSA 11,139.52 ▲ 0.13% IPC MEX 64,975.08 ▲ 0.69% MERVAL 2,897,435 ▲ 0.97% COLCAP 2,596.95 ▲ 0.55% BVL PERÚ 60,220.93 ▲ 0.51% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Tuesday, October 6, 2026

Brazil Politics - Brazil

Brazil Spearheads Global Hunger Alliance at G20 Summit

By · November 15, 2024 · 2 min read

Brazil launched the Global Alliance for Hunger and Poverty on Friday, just before the G20 Summit in Rio de Janeiro. The initiative was unveiled ahead of the main G20 meetings, which are scheduled to take place on Monday and Tuesday

The initiative brings together 41 initial members, including developed countries, NGOs, and financial institutions. Their goal is to lift 500 million people out of poverty through cash transfers and social protection systems.

The alliance aims to remove all nations from the United Nations Food and Agriculture Organization’s (FAO) hunger map by 2030.

This ambitious project aligns with Brazil’s priorities for the G20 summit, which include combating world hunger, addressing climate change, and reforming multilateral governance.

Brazilian Minister of Social Development, Wellington Dias, expressed confidence in the alliance’s growth. He anticipates reaching 100 participating countries in the coming months.

Brazil Spearheads Global Hunger Alliance at G20 Summit
Brazil Spearheads Global Hunger Alliance at G20 Summit.
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Dias emphasized the need for efficient, well-known projects that effectively reduce poverty. The minister acknowledged existing trust issues between donors and recipients. He cited concerns about concrete results and unfulfilled promises.

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Addressing Global Hunger and Poverty

Dias noted skepticism towards UN agencies and the perception that developed countries do insufficient work. To address these concerns, the alliance aims to create anticipation and tangible outcomes.

Funding is not the primary issue, according to Dias. The world currently invests around $100 billion annually to fight poverty and hunger.

However, these investments are often fragmented and inefficiently allocated. The World Bank estimates that $179 billion will be needed to reach the 2030 goal.

The alliance proposes several initiatives to combat hunger and poverty. These include expanding cash transfer programs to reach 500 million people and providing school meals to an additional 150 million children.

The plan also aims to assist 200 million children up to age six and pregnant women with health programs. Several countries have already submitted their plans, including Brazil, Ghana, Zimbabwe, Kenya, Chile, Indonesia, and the Dominican Republic.

Donors include Germany, France, the United Kingdom, Norway, Spain, the European Union, and institutions like the World Bank, FAO, and the World Food Programme.

The Global Alliance Against Hunger and Poverty represents a significant step towards addressing global food insecurity. By uniting diverse stakeholders, the initiative seeks to create lasting change and improve lives worldwide.

As the alliance grows, its impact on reducing hunger and poverty will be closely watched by the international community.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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