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    • Opinion
    • Food systems

    Opinion: Solving the global food crisis requires investment at scale

    Fragmented aid and underfunding hinder progress in tackling the food and nutrition crises. Multilateral funding can help governments put food on the table.

    By Anne Beathe Tvinnereim, Akihiko Nishio // 26 November 2024

    Nearly 1 in 10 people worldwide go hungry today, yet the global response remains fragmented across thousands of small projects. Letting developing nations lead their own fight against hunger, backed by coordinated multilateral funding through proven institutions such as the World Bank's International Development Association, is key in solving the food and nutrition crisis.

    Food insecurity is increasing as conflict, climate change, and economic shocks combine to deliver a severe blow to the global commitment to end hunger, destabilizing countries and undermining international peace and prosperity. The fight against hunger should therefore be at the forefront of the international agenda.

    The increasingly siloed international aid architecture is a major challenge. This is clearly seen in the agricultural sector, where bilateral funding accounts for about 73% of all aid for agriculture, spread across nearly 14,000 different projects with an average funding of only $500,000. These interventions need to be consolidated and scaled up if meaningful progress is to be made.

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    Read more:

    ► Brazil launches a G20 plan to slash hunger across the world

    ► Multimillion-dollar fund aims to fill Africa’s agribusiness financing gap

    ► Norway vows to make food security a development priority 

    • Agriculture & Rural Development
    • Funding
    • Trade & Policy
    • Environment & Natural Resources
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    The views in this opinion piece do not necessarily reflect Devex's editorial views.

    About the authors

    • Anne Beathe Tvinnereim

      Anne Beathe Tvinnereim

      Anne Beathe Tvinnereim is Norway's minister of international development.
    • Akihiko Nishio

      Akihiko Nishio

      Akihiko Nishio is the World Bank's vice president for development finance.

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