EU global food security fund hits € 228 million
ROME (Commodity Online) : European Union Food Facility fund received a boost with the EU donating 13.2 million to its funding to enhance agricultural production in developing countries worst hit by high food prices.
This brings the total amount of the fund channeled through FAO to an unprecedented Euro 228 million.
In 2009, the EU joined FAO in its efforts to turn the tide of growing hunger with massive support for global food security through its 'Food Facility'.
According to FAO, in developing countries, despite a decline from their peaks, food prices remained stubbornly high, negatively affecting vulnerable populations' access to food.
In Bangladesh, €7.5 million will be used to improve the food security of over 80 000 farmers, livestock holders and fishermen.
They will receive training as well as production inputs, such as agricultural machinery, seeds and fertilizer, irrigation equipment and support, small and large ruminants, poultry, animal feed, and fishing equipment.
€3 million will double the size of FAO's EU-funded efforts in Niger, hit hard by the drought that ravaged harvests in the Sahel region.
First priority is to reduce malnutrition of 72 000 farmer families, or some 500 000 people, by increasing their agricultural production.
In addition, €2.7 million will go to FAO's Global Rinderpest Eradication Programme as an extension of the EU's longstanding help to kill off one of the most devastating animal diseases known to man, rinderpest, responsible for famines over the course of hundreds of years in Asia, Africa and Europe.
FAO is confident that field operations can come to a close by October 2010 and that the disease can be officially declared eradicated in mid 2011.