World Bank Says Preventing Violent Conflict Saves Lives, Money—Up to $70 Billion Annually

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March 1, 2018/World Bank

Preventing violent conflict saves lives and money—up to US$70 billion per year on average, according to a study published today by the World Bank and the United Nations.

The new study, “Pathways for Peace: Inclusive Approaches to Preventing

Violent Conflict”, the first report on conflict prevention done jointly by the World Bank and the United Nations, says the world must refocus its attention on preventing violence as a means to achieving peace. The key, they say, is to identify risks early and to work closely with governments to improve response to these risks and reinforce inclusion.

“It’s increasingly clear that violent conflict is one of the biggest obstacles to ending poverty,”World Bank Group President Jim Yong Kim, said. “Conflict impacts a growing number of people within countries, but it does not confine itself to national borders, and its spillover effects can imperil entire regions and pose risks worldwide. Preventing violent conflict is one of the most critical development challenges of our time, one that requires more resources, innovative approaches, and intensified collaboration among international partners.”

Since 2005, deaths related to battle have increased ten-fold, reaching their highest point in 2015. Between 2010 and 2016 alone, the number of civilian deaths in violent conflicts doubled. Violent conflict has also forced people from their homes in record numbers. Today, an estimated 65.6 million people are either internally displaced or refugees, with children making up more than half of the world’s refugee population.

Click here to download full PDF copy of report

 

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