Progress towards meeting the Millennium Development Goals has fallen far short of the promises made in 2000. At the current rate, all but one of them will certainly be missed. The cost of failure will be high: 45 million more children will die between now and 2015 than would be the case if the world met the goal to reduce child mortality. The time for action is running out. 2005 offers an historic opportunity for rich countries to make good on theirpromises to finance the Goals effectively - and those promises are easily affordable.In 2005 the Global Call for Action Against Poverty will tell world leaders that this injustice is not inevitable: they can make poverty history - if they act now.
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Arabella Fraser is a Research Assistant in agricultural dumping and international aid flows for Oxfam
Bethan Emmett is a Policy Adviser in financing for development and gender equality, specifically macroeconomic policy and public expenditure.
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