New report on EU Food Facility achievements
FAO reviews selected projects in 13 countries
The combined impact of the high food prices crisis of 2007-2008 and the global financial crisis of 2009 has pushed an estimated 105 million more people into hunger and malnutrition. These events have threatened to reverse critical gains made toward reducing poverty and hunger as outlined in the Millennium Development Goals (MDGs).
In an effort to quell global food security concerns, world leaders have addressed the need for urgent action in several high level meetings, including the 2009 World Summit on Food Security, and two consecutive G8 Summits.
The European Union has been at the forefront of the food crisis response, generously allocating one billion euros through the European Union Food Facility (EUFF) to help bridge the gap between short-term emergency relief and longer-term development support. In 2009, FAO began carrying out projects worth € 228 million (approximately USD 314 million) in 28 countries in Africa, Asia, Latin America and the Caribbean through the EUFF.
With these projects coming to a close in mid-2011, FAO initiated an exercise to document initial outcomes of selected projects in 13 of the 28 countries. Though still too early to evaluate their full impact on food production and food security, “Foundations for Future Action: an Initial Review of Selected Projects”, a new report published by FAO, highlights some early EUFF project achievements, together with lessons learned and suggestions for the way forward.