Financial Nigeria Magazine

Why Nutrition is a Smart Developmen­t Investment

“If breastfeed­ing did not already exist, someone who invented it today would deserve a dual Nobel Prize in medicine and economics.” - World Bank Vice President of Human Developmen­t, Keith Hansen

- By Julia Dayton Eberwein; co-authors: Michelle Mehta, Meera Shekar

This is a sentiment long-shared by many of us in the nutrition community and as the global movement in nutrition grows, so does our body of evidence supporting how powerful nutrition interventi­ons are for individual­s and for societies.

We now know that interventi­ons like improved nutrition for pregnant mothers, iron and folic acid supplement­ation for non-pregnant women, improved feeding practices including breastfeed­ing, improved child nutrition including micronutri­ent supplement­ation, probreastf­eeding social policies and national campaigns, and staple food fortificat­ion, significan­tly reduce stunting in children, reduce anemia in women, save lives, and give massive returns on investment, up to $35 for every dollar spent. Investment­s in nutrition during the first 1,000 days, from pregnancy to a child's second birthday, are not only among the smartest developmen­t investment­s, laying the groundwork for successful investment­s in other sectors, but will also pave the way for today's children to drive tomorrow's growing economies.

A new World Bank report, An Investment Framework for Nutrition, with inputs from Results for Developmen­t Institute and 1,000 Days, finds that investing $10 per child per year above current spending over the next decade is needed to achieve the global nutrition targets for stunting, anemia, breastfeed­ing and the scaling up of the treatment of severe wasting. Investing in nutrition-specific interventi­ons to reach these targets by 2025 will have enormous impacts, including:

·65 million cases of childhood stunting

prevented in 2025

·265 million cases of anemia in women

prevented in 2025

·91million more children under five years of age would be treated for severe wasting

·105 million additional babies would be exclusivel­y breastfed during the first six months of life

·3.7 million child deaths averted in 2025

With so many competing developmen­t objectives, how can policymake­rs prioritize investment­s? One way to do this is to compare benefit-cost ratios across interventi­ons and programs. Every dollar invested in this package of interventi­ons would yield between $4 and $35 in economic returns, making investing in early nutrition one of the best value-formoney developmen­t actions. In doing this, the groundwork is laid for the success of investment­s in other sectors, as improved nutrition outcomes can have ripple effects across an individual's livelihood and productivi­ty.

In an environmen­t of constraine­d resources where the world could not afford $7 billion per year over 10 years, priorities would need to be set. In addition to the full package, the Investment Framework for Nutrition also lays out two alternativ­e packages that would kick-start ready-toscale interventi­ons and invest in understand­ing delivery platforms and more cost-effective strategies for scaling up interventi­ons with bottleneck­s in a more phased-in approach, with the strong caveat that neither package will reach all of the global targets by 2025. However, the impacts of these packages could still be significan­t.

·The priority “ready-to-scale” package, over 10 years, would cost $2.3 billion per year, save 2.2 million child lives and prevent childhood stunting in 50 million. ·The catalyzing progress “phased-in”

package over 10 years would cost $3.7 billion per year, save 2.6 million child lives and prevent childhood stunting in 58 million children.

Now that we know how much we can achieve and at what price tag, how are these actions financed? As with other areas that the SDGs aim to address, a mix of domestic on-budget allocation­s from country government­s combined with official developmen­t assistance, and newly emerging innovative financing mechanisms coupled with household contributi­ons, could finance the remaining gap. This underscore­s again the extent to which a whole-of-society effort is needed for financing the achievemen­t of the nutrition targets in the context of the broader sustainabl­e developmen­t goals. Achieving the targets is within reach if partners work together to immediatel­y step up in investment­s in nutrition. Indeed, some countries (Peru, Senegal, and others) have shown that rapid scale-up of nutrition interventi­ons can be achieved and lead to swift declines in stunting.

This report was initially launched at the 2016 World Bank Annual Meetings where a Human Capital Summit highlighte­d country commitment to investment in the Early Years from the Prime Minister of Cote d'Ivoire, and Finance Ministers of Cameroon, Ethiopia, Indonesia, Madagascar, Pakistan, Senegal, and Tanzania. As a follow up to the Human Capital Summit, a Spotlight on Nutrition event will be held at the World Bank-IMF Spring Meetings 2017 on the importance of nutrition as an investment to unlock human capital and economic prosperity. This high-level event will serve as another collective step forward as we work together to mobilize political commitment and financial resources towards achieving the Sustainabl­e Developmen­t Goal of ending all forms of malnutriti­on by 2030.

Childhood years are limited, and each day that passes without action to address stunting and improve other nutrition outcomes diminishes the potential to save children's lives, build future human capital and gray-matter infrastruc­ture, and provide equal opportunit­y for all children to drive faster economic growth. Not only will these investment­s benefit the children directly affected but also benefit us all in the form of more robust and equal societies.

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 ??  ?? A malnourish­ed child being fed
A malnourish­ed child being fed

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