detail
09/07/2008

Initiative on soaring food prices now covers 54 countries

"...The provision of seeds, fertilizers and other agricultural inputs to small farmers is intended to encourage donors, financial institutions and national governments to support the provision of inputs on a much larger scale, according to FAO experts who stress that their Initiative is intended to produce a salutary catalytic effect that will encourage development partners to contribute to similar projects, but on a larger scale.

According to FAO, countries most affected, especially in Africa, will need at least a total of US$1.7 billion to start reviving agricultural systems that have been neglected for several decades. And this amount is just for immediate and short term measures during 2008-2009."...

More information at : http://www.fao.org/newsroom/en/news/2008/1000877/index.html