News
22 Apr 2010
The new mechanism includes a private-sector financing window to provide financial services aimed at raising agricultural productivity, linking farmers to markets, reducing vulnerability, and more.
Washington, DC - FAO welcomed the launch here today of the Global Agriculture and Food Security Program (GAFSP), a new multidonor trust fund managed by the World Bank to improve food security and incomes in low-income countries through assistance to agriculture.Calling it a "key instrument to bring to fruition the commitments made in L'Aquila", FAO Deputy Director-General Jim Butler said that the Organization looks forward to working with its development partners to make it operational as quickly as possible.The new mechanism is designed to address the underfunding of country and regional agriculture and food security investment plans, making aid...