Book excerpt: The 2005 edition of UNICEFs annual report examines the key issues which threaten the welfare of children around the world, using the concept of childhood as the state and condition of a childs life. The Convention of the Rights of the Child, adopted in 1989, offers a new definition of childhood based on human rights; yet for hundred of millions of children the promise of childhood is threatened by poverty, armed conflict and HIV/AIDS threaten their survival and development. The report examines these three major threats in detail, and offers a comprehensive agenda of action to combat them. It concludes by calling on all stakeholders, including governments, donors, international agencies and communities to reaffirm and recommit to their moral and legal responsibilities to children.