Harvest 2050 Blog

Posts Tagged ‘global food security’

New Report Finds $90B Annual Agricultural Investment Gap

JUNE 27, 2011

Enhanced Private Sector Involvement Required To Meet Needs of 9 Billion By 2050

On June 27, the Global Harvest Initiative (GHI) released its final policy issue brief which estimates a $90 billion annual agricultural investment gap and outlines the significant role of the private sector in closing this gap and addressing global food security.

The policy issue brief, “Enhancing Private Sector Involvement in Agriculture and Rural Infrastructure Development,” points to the private sector as one of the key influencers in creating economic growth, raising global incomes, and feeding a population anticipated to reach nine billion people by 2050.

“With a $90 billion annual investment gap in the agricultural sector of developing countries, the task of doubling agricultural productivity in 40 years is a formidable one,” said Dr. William G. Lesher, Executive Director of the Global Harvest Initiative. “There are simply not enough resources in either developed or developing nations to bridge this sizable gap, so enhanced private sector involvement is the key to improving agricultural and rural development to ensure that the world’s future agricultural needs are met.”

Read More

What Will it Take to Feed 9 Billion People by 2050?

JUNE 07, 2011

At an event today, the DuPont Advisory Committee on Agriculture, Innovation and Productivity for the 21st Century released a report concluding that, in order to feed the anticipated population of 9 billion by 2050, collaboration among governments, NGOs and the private sector will need to be on an unprecedented scale – the challenges of food security are significant, and the time to act is now.

Among the speakers at the DuPont Advisory Committee meeting was J.B. Penn, Chief Economist of Deere and Company. According to Penn, “Closing the food productivity gap will require significant capital investments in developing countries, most of which ultimately must come from the private sector.”

Read More

Gates, Shah, Vilsack Discuss Global Food Security

MAY 25, 2011

On May 24th, the Global Harvest Initiative attended the Global Agricultural Development Symposium, sponsored by the Chicago Council on Global Affairs. The event brought in several notable speakers and panelists including Bill Gates of the Bill & Melinda Gates Foundation, Dr. Rajiv Shah of USAID and Secretary Tom Vilsack of USDA to speak on the current state of global agriculture and food security as well as future strategies to improve global food security.

USAID administrator, Dr. Rajiv Shah, started the event off with a speech entitled, “The True Yields of Food Security,” in which he discussed the importance of partnerships in alleviating hunger through agricultural development. Shah also stressed that advocating for food security is as important as ever, indicating that “investments in food security will put the world in a better position to respond to hunger.”

Read More

33% of the World’s Food Wasted

MAY 19, 2011

Approximately 33% of the world’s food is wasted according to a recent study by the UN Food and Agriculture Organization (FAO). This equates to approximately 1.3 billion tons of food that is either lost or wasted because of deficient post-harvest management, inadequate food storage and inefficient transportation among other factors.

The FAO study indicates that small farmers and poor consumers in the developing world pay a heavy price for food losses, which if reduced, would have an instant impact on improving food security and the well-being of these farmers and consumers.

According to the FAO study, one viable solution to alleviating food waste and loss would be to assist in directly connecting small farmers to consumers by strengthening food supply chains, increasing investment in transportation and infrastructure as well as improving food storage, processing and packaging.

Read the full FAO report: “Global Food Losses and Food Waste”

Read More

Hormats Addresses Importance of Investment in the Global Economy

SEPTEMBER 21, 2010

On September 6, Under Secretary for Economic, Energy and Agricultural Affairs Richard D. Hormats addressed the World Investment Forum in Xiamen, China on how investment has shaped the global economic landscape.

Read More

Global food security report calls for actions to close the gap

MAY 04, 2010

On April 27, 2010, in the U.S. Senate Foreign Relations Committee, the Center for Strategic and International Studies launched the report of its Task Force on Food Security, co-chaired by Senator Richard Lugar, Senator Robert Casey, and Representative Betty McCollum, entitled “Cultivating Global Food Security: A Strategy for U.S. Leadership on Productivity, Agricultural Research and Trade”. This event marked the outcome of many discussions and meetings of the Task Force which had been charged with developing recommendations for a long-term U.S. strategic approach to global food security. The Task Force’s membership included leaders from government, business, academia, and the nongovernmental and philanthropy communities.

CSIS President and CEO Dr. John Hamre provided introductory remarks, and the Congressional Co-Chairs addressed the audience. Their comments were followed by an expert panel discussion and Q&A on the report’s key findings and recommendations for a long-term U.S. strategic approach to global food security. Click here to watch the video of the event, or view below.

The report outlines three areas for action:

  1. the drastic need to boost productivity;
  2. the necessity to have greater investments in agricultural research and development (both domestically and abroad)
  3. the total integration of U.S.trade policy and food security.

The CSIS report concludes:

“The United States has a tremendous opportunity to bring to bear its expertise, its human resource, and its commitment to feed people worldwide to set the world’s food system on a path toward long-term security, As Senator Lugar said, ‘The United States has always stood for big ideas-from the founding of the Republic on the basis of freedom to President Kennedy’s vow to put a man on the moon. One of today’s big ideas should be the eradication of hunger. We can bring America’s dedication to science, innovation, technology and education together to lead an effort devoted to overcoming the obstacles to food security.’ It is an opportunity to lead the way forward in a world hungry for progress. It is an opportunity to plant the seeds of global stability and prosperity and to cultivate goodwill around the world.”

Read More