waging war
\n UNITED NATIONS
\nGlobal military spending reached an unprecedented $2.7 trillion in 2024 amid intensifying wars and rising geopolitical tensions worldwide, UN Secretary-General Antonio Guterres has warned.
\n\u201cThe world is spending far more on waging war than in building peace,\u201d he said at a press briefing on Tuesday for his new report on the threat posed by the steady rise in military expenditure. Spending on security needs increased across all five global regions during 2024, marking the steepest year-on-year rise for at least the last three decades.
\nCompared to the $2.7 trillion directed to military budgets, the world could eliminate extreme poverty for just under $300 billion.\u201cA more secure world begins by investing at least as much in fighting poverty as we do in fighting wars,\u201d said Mr. Guterres.
\nThe alarming amount spent on arms-related costs last year alone is 750 times the 2024 UN regular budget. It also equates to almost 13 times the development assistance provided by the OECD\u2019s development assistance committee in 2024, indicating a stark trade-off between military expenditure and sustainable development.
\n\u201cRedirecting even a fraction of today\u2019s military spending could close vital gaps \u2013 putting children in school, strengthening primary health care, expanding clean energy and resilient infrastructure, and protecting the most vulnerable,\u201d Guterres said.
\nFor a small portion of what was invested in militaries this past year \u2013 and the previous decade \u2013 the world could fund education for every student in low and lower middle-income countries, eliminate child malnutrition globally, fund climate change adaptation in the developing world, and bring the international community closer to achieving the Sustainable Development Goals (SDGs), the UN estimates.
\n\u201cRebalancing global priorities is not optional \u2013 it is an imperative for humanity\u2019s survival,\u201d said the UN disarmament chief Izumi Nakamitsu at the press briefing.With only one of the five of the SDGs on track, Guterres stressed that \u201cour shared promise of sustainable development is in jeopardy.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"
waging war UNITED NATIONS Global military spending reached an unprecedented $2.7 trillion in 2024 amid intensifying wars and rising geopolitical tensions worldwide, UN Secretary-General Antonio Guterres has warned. \u201cThe world is spending far more on waging war than in building peace,\u201d he said at a press briefing on Tuesday for his new report on the […]<\/p>\n","protected":false},"author":2,"featured_media":502152,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-502128","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"yoast_head":"\n