Sustained investment in smallholder agriculture key to food security (UNNews / FAO / IDB / Universidade Federal de Viçosa, Brasil)

DESERTIFICATION

Read at : UNNews

NEW AGREEMENTS WILL DELIVER FUNDS, EXPERTISE TO HELP UN COMBAT HUNGER

New York, Nov 15 2009  4:05PM

United Nations efforts to strengthen agriculture and enhance food security received a boost today, ahead of a major summit set to begin on Monday, thanks to new initiatives with the Islamic Development Bank (IDB) and a leading Brazilian university.

The $1 billion <http://www.fao.org/news/story/en/item/37341/icode/>agreement signed in Rome by the UN Food and Agriculture Organization (<http://www.fao.org/>FAO) and IDB will fund agricultural development in 26 least developed countries that are members of both the Bank and FAO. The agreement aims to help leverage additional resources and bring total investment in the IDB-FAO programme to $5 billion by 2012.

“This agreement comes at a critical moment, when the international community recognizes it has neglected agriculture for many years,” FAO stated in a news release. “Today, sustained investment in agriculture — especially smallholder agriculture…

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