The number of people going hungry in the world has risen by 122 million to 735 million since 2019 because of the Covid-19 pandemic and the war in Ukraine, the UN has said.
The world’s biggest corporations together raked in over $1 trillion in windfall profits each year for the past two years amid soaring prices and interest rates, while billions of people are having to cut back or go hungry.
A letter from policy experts calls on Global North leaders to put real global financial system transformation on the agenda, starting by redirecting funds from fossil fuels, unfair colonial debts, and the super-rich.