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Global Agriculture and Food Security Program Announces New Round of Grants to Fight Hunger and Poverty

Continue reading the press release on the World Bank website

Six Countriesto Receive $177 Million to Increase Incomes and Improve Food Security

Partners in the Global Agriculture and Food Security Program (GAFSP), a fund that supports country-led efforts to fight hunger and poverty, today announced that six countries will receive grants totaling $177 million. The grants—to Burundi, the Gambia, Kyrgyz Republic, Malawi, Senegal, and Tanzania—will help each country increase food security, raise rural incomes, and reduce poverty.

International food prices remain volatile and high with the 2011 annual index 24 percent higher than its average in 2010. Prices of certain foods remain dangerously high in many countries, leaving millions of people at risk of malnutrition and hunger, many of them children. In developing countries that face more volatile international markets, it is essential to increase the productivity and resiliency of food production.

 “The Global Agriculture and Food Security Program has quickly proven to be one of the most innovative and effective development programs the global community has created,” said Lael Brainard, Under Secretary of the United States Treasury for International Affairs. “GAFSP will raise the incomes of 7.5 million smallholder farmers and their families. These new grants will meet the high global demand for agricultural resources to achieve food security. Continued financial support from the development community is critical to maintaining momentum in the fight to achieve sustainable, lasting solutions to hunger and poverty.”

Editor’s note: Feed the Future is excited about these new grants and supports the GAFSP’s efforts, which help ensure investments in food security are extended across the globe. We are proud to partner with GAFSP and multilateral organizations in a collective effort to fight hunger, poverty, and undernutrition.

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