Bloomberg News

Donors Pledge More Than $4 Billion to Tackle Global Malnutrition

June 08, 2013

Donors pledged as much as 2.7 billion pounds ($4.15 billion) to tackle global malnutrition at a summit in London, the U.K. government said.

The pledges made at the Nutrition for Growth summit included 655 million pounds from the U.K. from 2013 to 2020, the government said on its website today. The Children’s Investment Fund Foundation, or CIFF, which is funded by Chris Hohn’s hedge fund TCI, committed $787 million.

“Today marks the start of a sustained financial and political commitment to ending under-nutrition within a generation,” said Jamie Cooper-Hohn, president and chief executive officer of CIFF.

Malnutrition is an underlying cause in 45 percent of the deaths among children under the age of five, while nearly 165 million suffer from stunting that stops children’s bodies from developing properly, according to the U.K. government. The World Health Assembly plans to cut the number of stunted children by 40 percent by 2025.

To contact the reporter on this story: Rupert Rowling in London at rrowling@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net


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