With the number of cases now surpassing 1 million in at least 170 countries, COVID-19 is a global pandemic that is turning the lives of girls and boys upside down. With the pandemic now spreading into some of the world’s poorest countries, there is a real danger that the world will see a reversal of the gains made over the last 20 years toward ensuring the rights of children.
This health crisis is already having devastating knock-on economic and social impacts – affecting families across the globe, but hitting the most marginalised and deprived, including families in Europe, hardest of all. Morgan Stanley’s corporate donation to help Save the Children provide protection for families in Europe against economic fallout, will make a significant difference. With this inspiring example of collaboration, we hope to stimulate further support from all over the world.
Despite current trends indicating that children are not at higher risk for COVID-19, we know that infectious disease outbreaks can seriously impact children’s wellbeing – both psychological and physical. Many will be confused and frightened about the sudden changes they are seeing in their lives. Many families face a loss of income and livelihoods - either as employees or entrepreneurs - and incredible uncertainty of how or when that may be restored. This is in addition to wider life disruption, health concerns, resulting stress, and interrupted access to community services.