UN: Ag Investment Must Increase Fivefold by 2050


Agricultural investment in developing countries will have to increase more than fivefold to ensure that by 2050 the world has enough to eat, according to the United Nations Food and Agriculture Organization (FA0).

Poor countries will need a yearly $44 billion of development assistance in agriculture compared with the current $7.9 billion, FAO Director-General Jacques Diouf said at a summit in Rome on Monday.

“The challenge is not only to increase global future production, but to increase it where it is mostly needed and by those who need it most,” Diouf said. “There should be a special focus on smallholder farmers, women and rural households and their access to land, water and high-quality seeds and other modern inputs.”

By 2050, world population is expected to rise from 6.7 billion people to 9.1 billion and the world’s food output will have to increase by 70 percent, according to FAO.

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