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Taking Action for the World’s Poor and Hungry People Beijing, China 17-19 October 2007

Taking Action for the World’s Poor and Hungry People Beijing, China 17-19 October 2007. Session 3: Targeting the Poor – Policies and Programmes Investments to support hunger reduction Michael Wales, Principal Adviser, FAO Investment Centre. World Food Summit. Plan of Action Commitment Six :

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Taking Action for the World’s Poor and Hungry People Beijing, China 17-19 October 2007

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  1. Taking Action for the World’s Poor and Hungry PeopleBeijing, China17-19 October 2007 Session 3: Targeting the Poor – Policies and Programmes Investments to support hunger reduction Michael Wales, Principal Adviser, FAO Investment Centre

  2. World Food Summit Plan of Action Commitment Six: “... promote optimal allocation and use of public and private investments to foster human resources, sustainable food, agriculture, fisheries and forestry systems, and rural development, in high and low potential areas.”

  3. International Alliance Against Hunger Wide range of stakeholders pledging to end hunger Twin-track approach: • Focus on agricultural and rural development as engine of growth and • Direct action against hunger Right to Food Message: Investment in agriculture is essential and can be effective

  4. Priorities for investment FAO’s Anti-Hunger Programme: • Improving agricultural productivity of small farmers • Developing and conserving natural resources • Rural infrastructure and market access • Capacity for knowledge generation and dissemination • Access to food for the most needy

  5. Scale of investment needed? Anti-Hunger Programme: • US$24 billion per year • Benefits: US$120 billion per year Comprehensive Africa Agriculture Development Programme (CAADP): • US$251 billion over 15 years • US$13 billion per year incremental investment

  6. FAO Programmes with governments National Programmes for Food Security: • access • availability • utilisation • 15 countries, US$1.2 billion committed Regional Programmes for Food Security: • Policy & institutional environment • 21 Regional Economic Organizations

  7. Lessons learnt • Agricultural growth hunger reduction • Hunger reduction development & poverty reduction • Technology can contribute • Trade can contribute • Peace and stability are essential • Public investment is essential • Development assistance often misplaced

  8. Investment climate Public investment creating a favourable climate for private investment: • legal frameworks • grades & standards • essential rural infrastructure Quality of public spending Promoting profitable partnerships: • small farmers & cooperatives • agribusinesses • government

  9. Private investment Small farmers the biggest investors • Obstacles: credit, land tenure, transport, low prices, outside supply chains, natural hazards Traders, agro-processors, transnational agribusinesses in value chain • Obstacles: unpredictable business environment, poor infrastructure, high costs Foreign Direct Investment • agriculture <1% of FDI to developing countries

  10. Effective development assistance Effective partnerships: • Government commitment of resources • e.g Maputo Declaration 10% • Donors • committing resources to agriculture • keeping agriculture on the agenda • harmonization – national programmes • aid effectiveness – Paris Declaration • Non-traditional donors • China, Brazil, India, Foundations

  11. The 3 Pillars of the GDPRD • Outreach • Shared learning • Aid effectiveness

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