Women and children in developing countries will suffer most during the current financial crisis.  As the recession deepens, inflation, loss of jobs and the drop in the pound are, for millions of people, not a matter of abstract economics but a matter of survival. 

The World Bank estimates that 400,000 children under the age of one will die every year that the crisis continues.  We can make a difference if we all act now.

The real tragedy in all this is that many of the people affected are the ones who probably thought that things were finally getting better – who just might have stopped needing our help.  It’s people who had just got their first job, or scraped together enough money to send their first child to school, who are really being knocked back.  

ActionAid and the recession

Each year ActionAid helps around 19 million people but rising inflation in many developing countries along with the drop in Sterling means that our money does not go as far.  While it is impossible to predict what will happen in the future, we anticipate a shortfall of at least 10% in real terms.  

This means that nearly 2 million people will face the very real possibility of starvation and disease with no hope on the horizon.

We need to ensure that the voices of poor people who are suffering from the crisis are heard. The G20 leaders pledged a $50 billion stimulus package for poor countries that is needed urgently and effectively.

Find out more about ActionAid’s campaigning work.

The recession crisis appeal

We are not going to stand back and let this happen.  We will not let these people down.  ActionAid is therefore launching an appeal to raise an extra €18 million a year throughout the recession.  In the UK our share is £7 million a year.

Find out more

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