Investment in food fortification in particular, he said, is the “single best return on investment of almost any development intervention.”
Part of the reason is the sector’s sustainability. Van Ameringen shared, for example, that public investment in fortification encourages other stakeholders — particularly from among the private sector — to leverage their expertise to make the process more efficient and effective.
“The government has to do a number of things but, after that, the market takes over and companies need to be kept honest,” he told Devex. “But once the standards are there, companies will add micronutrients into the processing.”
Watch the above video interview to learn more about Van Ameringen's views on the opportunities — as well as the challenges and risks — in making food fortification a sustainable global endeavor.
#FutureFortified is a special online series exploring the impact and importance of food fortification to meet global development objectives. Join Devex — and our partner GAIN — in the conversation using #FutureFortified.
Lean Alfred Santos is a Devex development reporter focusing on the development community in Asia-Pacific, including major players such as the Asian Development Bank and the Asian Infrastructure Investment Bank. Prior to joining Devex, he covered Philippine and international business and economic news, sports and politics. Lean is based in Manila.
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