Official Development Assistance, or ODA, provides a fundamental source of financing in the poorest and most fragile countries. Current ODA is estimated at $135 billion USD a year, but investment needs in infrastructure alone reach up to $1.5 trillion a year in emerging and developing countries according to the World Bank Group.
This content was originally published on the IFPRI Blog.
BY: Jenna Ferguson
Although we have successfully reached the Millennium Development Goal of halving extreme poverty and hunger at the global level, an estimated 795 million people continue to suffer from hunger while two billion suffer from micronutrient deficiencies. Making our food systems more nutritious, resilient, and inclusive can significantly improve the lives of millions of people living in poverty around the world.
Conditions are favorable for wheat, maize and soybeans in the northern hemisphere according to this month's AMIS Market Monitor, while conditions for rice are mixed depending on the country.