Following the post yesterday about the data on agricultural subsidies from The Economist - today I am posting about a recent FAO report that welcomes EU aid and support for countries desperately fighting malnourishment. The report states that:
"At a time when over one billion people are undernourished worldwide, Europe steps up its support to farmers hardest hit by the economical slowdown and high food prices, FAO said today, welcoming a € 75 million ($105 million) donation from the European Union (EU) to help poor countries boost agricultural production. The EU-funded aid package to 13 countries in Africa, Asia, the Caribbean and Central America, severely affected by high food prices, provides enormous additional backing to the UN's efforts to turn the tide of growing hunger in the world. The package follows a historic €125 million ($170 million) donation from the European Union just one month ago.
"Europe's help comes at a critical moment," said José Maria Sumpsi, FAO's Assistant Director-General of the Technical Cooperation Department. "One out of six persons on this planet is undernourished - more than ever before. Poor countries need all the assistance possible. We are grateful for Europe's unequivocal support," he said. He noted that high and volatile food prices continue to plague developing countries and that hunger is on the rise even more because of the global economic crisis, causing lower income and increasing unemployment in developing countries".
"In order to provide a rapid response to high food prices in developing countries, a €1 billion ‘Food Facility' has been adopted by the European Parliament and Council".
Check out the rest of the report by following the link.
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