This report aims to assess the impact of rising food and energy prices on achievement of the Millennium Development Goals (MDGs). It analyses the impact of the current crisis in achieving MDG 1 (reducing poverty and hunger), identifies the countries and vulnerable groups most affected by it, and recommends policy actions to overcome the challenges derived from the crisis. The report also contains the civil society statement from the consultation on the 2008 Commonwealth Finance Ministers Meeting (CFMM), held in Castries, St Lucia, 8-10 July 2008, ahead of the 2009 Commonwealth Finance Ministers Meeting itself.
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