The United Nations Development Programme (UNDP) is sounding the alarm that ongoing conflicts are actively undoing global development progress, warning that the current geopolitical climate could plunge millions into poverty. UNDP Administrator Alexander De Croo stated in an interview with FRANCE 24 that ‘war is development in reverse.’
This stark assessment comes as the International Monetary Fund (IMF) has downgraded its global economic outlook amid uncertainty surrounding conflicts, including the war in Iran. The IMF’s projections vary depending on the duration of these hostilities.
The UNDP estimates that even if fighting ceased immediately, the world could see over 32 million people pushed into poverty. This dire prediction is attributed to a ‘triple shock’ stemming from energy disruptions, escalating food prices, and a general weakening of economic growth worldwide.
The interconnected nature of these crises highlights the profound and lasting impact of conflict on vulnerable populations and global economic stability. The UNDP’s warning underscores the urgent need for de-escalation and sustainable peace to avert further developmental setbacks.
