Europe increases support for global food security

Europe increases support for global food security

04/06/2010

The European Union (EU) has added €13.2 million to its funding of FAO's efforts to boost agricultural production in developing countries worst hit by high food prices. This brings the total amount of the EU "Food Facility" funds channeled through FAO to an unprecedented €228 million.

"It is unacceptable that one out of six persons on this planet is undernourished," said José Maria Sumpsi, FAO's Assistant Director-General of the Technical Cooperation Department ahead of G-8 and G-20 meetings later this month, where development aid to agriculture will be discussed, stressing the urgent need to invest more in small farmers in poor countries.

At the same time, Sumpsi expressed his gratitude to the EU for €13.2 million in additional funding for support to farmers who suffered the most from the 2007-2008 food price crisis. He noted that in developing countries, despite a decline from their peaks, food prices remained stubbornly high, negatively affecting vulnerable populations' access to food.