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Article

5 Jan 2017

Author:
WEF

WEF calls on responsible investors to shift focus & invest in peace supporting measures

...However, unless we look at what is being spent, we cannot clearly understand if and where there are misallocations. Why is this important? Some investments are more productive than others and investments in violence are not that productive. Your dollar goes further if used to build a school than a jail. If we can reduce the amount of money tied up in violence and invest it in elements that sustain peace – then this would lead to a virtuous cycle of less violence and stronger economies. The world continues to spend vastly disproportionate resources on creating and containing violence compared to what it spends on peace. In 2015 alone, UN peace-keeping expenditures of $8.27 billion totaled only 1.1% of the estimated $742 billion of economic losses from armed conflict. Although peace-building and peace-keeping expenditure has approximately doubled during the last nine years, these numbers suggest a serious under-investment in the activities that build peace and demonstrate that the international community is spending too much on conflict and too little on peace...

 

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