Agricultural Development

The Ceres2030 project has shown the urgent need for additional investments—a yearly average of $14 billion from donors and $19 billion from low-income countries for the next decade—to meet Sustainable Development Goal 2, ending hunger by 2030, and to build more sustainable food security. 

But how should that money be spent?

Africa’s population is expected to continue to grow rapidly, reaching 2 billion by 2050. In order to combat the region’s already high levels of malnutrition and meet future food demand, Africa’s agricultural production and productivity (which is low by global standards and further threatened by climate change) will need to grow significantly. In addition to these challenges, Africa is also experiencing an economic slowdown, partly caused by a decrease in global prices for African export commodities. This is hampering efforts to meet food security and poverty reduction targets.

Ownership and control of assets have become increasingly recognized for their role in reducing poverty and improving individuals’ and households’ long-term well-being. In addition, research has shown that women’s ownership and control of assets can have important development outcomes both for women themselves and for their families.

Global discussion surrounding agricultural investment and funding has increased in recent years, with farmers, development advocates, and policymakers alike calling for wider investments to fight hunger and poverty. The 2012 edition of the FAO's State of Food and Agriculture Report follows closely on this discussion, focusing on the importance of farmers as investors and the need for a stronger global enabling environment.

The world's population is expected to reach 9 billion by 2050; how to feed this population is one of the challenges facing policymakers around the world. The combination of a growing global population, rising incomes in many countries, increased use of biofuels, and potential reductions in agricultural production due to climate change has created an urgent need for investments in sustainable agricultural productivity. Traditional agricultural technologies will not be enough to meet these challenges.