Does Sponsoring a Child Really Work?

February 20, 2019

Sponsoring a child overseas is a really fulfilling thing to do – for you, the child and their whole community. In short, yes, it works extremely well.

But, what even is the sponsoring a child programme?

When you sponsor a child with ActionAid you are the child’s only sponsor. As a result, you have a connection with that child and see how the community is progressing through the eyes of the child. Twice a year, you receive an update from the child’s school, with a drawing from the child you sponsor.

But, your donation is not spent on that single child alone. Your donation goes to projects in the community that help that child, along with every other child living there.

The monthly, long-term connection allows the community to have a reliable budget. Because of this, the community can innovate, develop and lift every child out of poverty. Our child sponsorship programme helps the whole of the community in a long-term and sustainable way. And so, the programme provides clean water, healthcare, agricultural programmes, income generation schemes and helping children stay in school.

Why do people sign-up to sponsor a child?

Many of our long-term child sponsors signed-up for a variety of reasons. They got their first job and wanted to give something back. Or they had their first baby and wanted to connect their child to a child overseas. Or they simply heard about the work and thought it was the right thing to do.

As a result of the strong connection, many child sponsors stay with us for ten years and more!

You can write to your sponsored child, send them birthday cards and some of our Irish Child Sponsors have even visited the child they sponsored. Watch Trish and Gerry Kerr speak about their trip below:

What happens to sponsored children after you stop sponsoring?

You can end your sponsorship at any time. For any reason. Without causing any harm to your sponsored child. Because of how ActionAid works, your child and their family will continue to benefit from our investment. Projects are designed to benefit all families living in the area regardless of whether or not they are part of the child sponsorship scheme.

Children who benefit from child sponsorship go on to do great things. Like Moses in the video below. Moses was orphaned at 10 years-old. But, thanks to what child sponsorship did for his community he is now a health worker in Kenya!

https://www.youtube.com/watch?v=4gxpaLWueFE&feature=youtu.be

How much does sponsoring a child cost?

It costs €25 a month to sponsor a child with ActionAid. Learn more here: https://actionaid.ie/sponsor-a-child/

Protestors at COP 28 in Dubai. Photo: Konrad Skotnicki.

Belfast Climate Change March, 2019. Photo: Trócaire.

The Profit Driving the Crisis

Despite their overwhelming contribution to global emissions, fossil fuel companies continue to attract significant financial backing—driven by their enduring profitability. This is starkly illustrated by the case of ExxonMobil, the top fossil fuel investment held by asset managers based in Ireland. In 2023, ExxonMobil reported €33.63 billion ($36 billion) in profit. That is almost twice the GDP of Botswana (€18.1 billion) and nearly three times Namibia’s GDP (€11.5 billion).

Ireland plays a hugely disproportionate role in facilitating investments into fossil fuel companies like ExxonMobil. In 2023, the investments made into fossil fuel companies by investment managers based in Ireland generated an estimated 72.5 million tons of CO2e. This is more than the CO2e emissions for the entire country of Ireland—and more than ten times that generated by Sierra Leone.

The Global Human Impact

The climate crisis is here, now, and it is causing disproportionate harm in the Global South. In Bangladesh, rising sea levels and increasingly severe cyclones are displacing coastal communities, with projections indicating that 17% of the entire country could be underwater by 2050. The legally binding Paris Agreement on climate change explicitly acknowledges the importance of tackling private finance. Its three overarching goals are: keeping below 1.5C of warming; increasing adaptation and making finance flows consistent with low emissions and resilience.

This gives a clear mandate for action: both tax reform and corporate regulation are needed to tackle financial flows, and both nationally in Ireland and at EU level, ‘polluter pays’ taxes are lacking and regulation of the financial sector remains weak and fragmented. While EU regulation exists, it is designed more to nudge investors toward more sustainable investment practices by increasing transparency and reporting levels than to enforce strict standards. And it is moving in the wrong direction: the recently passed EU Corporate Sustainability Due Diligence Directive excluded investments; and now the EU Commission’s Omnibus legislative proposal threatens to undo the limited gains made on climate plans, as well as blocking future attempts for stronger action at national level.

The Risk of Inaction

Fossil fuel investment is too profitable to remain weakly regulated. If Ireland continues with its current strategy of encouraging FDI at all costs, and relying on weak EU regulation, we are headed for catastrophe. The Inter-governmental Panel on Climate Change has repeatedly warned that every fraction of a degree beyond 1.5°C brings irreversible consequences: collapsed ice sheets, vanishing coral reefs, and extreme weather events that will make vast regions of the planet uninhabitable. And yet, companies are developing oil and gas fields that could push global warming beyond 2°C.

Our research found that 91% of the investments made into fossil fuel companies by investment managers based in Ireland were to companies that have plans for fossil fuel expansion like these. Ireland cannot afford inaction on this issue.

About This Research

The figures in this report regarding investment from Ireland are based on new research commissioned by ActionAid Ireland and Trócaire. In the paper, we uncover the scale of fossil fuel investment through Ireland, who the investors are, and in which fossil fuel companies they are investing. We analyse the current regulatory framework and explain why it is inadequate—and moving in the wrong direction. And we make specific recommendations for change, which are summarised below.

Summary of Recommendations

Regulate the private financial sector
Ireland must end its outsized role as an enabler of destructive fossil fuel investment. Ireland should introduce a strong gender-responsive national human rights and environmental due diligence framework which includes the regulation of investors with respect to human rights and the environment and climate. The transposition of the EU Corporate Sustainability Due Diligence Directive could achieve this if downstream activities are included and the Omnibus proposal is rejected. Ireland should prohibit investments in fossil fuel expansion and require investors to implement climate transition plans consistent with a 1.5°C climate limit.

Endorse the Fossil Fuel Non-Proliferation Treaty
Ireland should endorse developing a Fossil Fuel Non-Proliferation Treaty to curb fossil fuel expansion and commit to a fair and funded phase out of fossil fuels.

Support tax justice
Ireland should support bold and fair new global tax rules through the UN Framework Convention on Tax, should adopt all OECD BEPS measures, and should conduct an updated and comprehensive spillover analysis of its tax policy. Ireland should take coordinated action globally, at the EU level and domestically to introduce a range of new taxes to mobilise finance needed for climate justice, based on ‘polluter pays’ and social equity principles such as wealth taxes for the highest earners, climate damages tax on investors, fossil fuel production taxes and levies on aviation and shipping.

Finance a just transition
Ireland must also meet its fair share climate finance obligations under Article 9.1 of the Paris Agreement, and pay our ecological debt to the Global South. Ireland should support conditionality-free debt cancellation for countries on the front lines of the climate crisis, commit to a new UN Framework Convention on Sovereign Debt, moving debt negotiations from the IMF to the UN, and to a debt workout mechanism that is fully representative and fair.