The UN Food and Agriculture Organisation (FAO) has warned that if more land is not used for food production now, 370 million people could be facing famine by 2050.
FAO head Jacques Diouf told the summit that developing countries had made some progress in reversing the decline in investment in agriculture since prices hit record highs at the end of 2007. But he said much of the money had not yet materialised and that amounts promised were not at the level needed.
Mr Diouf said the $44bn (£26.4bn) required for developing countries was far less that the $365bn (£219bn) that developed countries spend each year on subsidising their farmers.
He recommended that developing countries dedicate 10% of their expenditure to agriculture.
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He recommended that developing countries dedicate 10% of their expenditure to agriculture.
References:
BBC 16/10 UN chief urges unity over hunger
FAO resources: Meeting website ; Provisional programme ; Documents ; Pre-Summit events ; Connected events ; Round tables
IISD RS will be providing daily reports from this meeting.
Related:
Elisabeth Atangana, President of the Sub-Regional Platform of Peasant Organizations of Central Africa (PROPAC), discusses the urgent need for good collaboration and effective involvement of farmer organizations in the process of poverty reduction. PROPAC, is an organization representing small-holders, rural entrepreneurs and the vulnerable rural population (women and youth). See video
Related
Barcelona climate change talks 2-6 November, 2009
FAO supported the last round of Climate Change Talks before the final meeting of the Convention of the Parties (COP15), in Copenhagen, Denmark. This took place in Barcelona to guarantee that food security adaptation and mitigation are taken into account in view of a new climate change deal. Report: Food Security and Agricultural Mitigation in Developing Countries: Options for Capturing Synergies
FAO supported the last round of Climate Change Talks before the final meeting of the Convention of the Parties (COP15), in Copenhagen, Denmark. This took place in Barcelona to guarantee that food security adaptation and mitigation are taken into account in view of a new climate change deal. Report: Food Security and Agricultural Mitigation in Developing Countries: Options for Capturing Synergies