Ifad calls for more funding to transform food systems

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The story "Ifad calls for more funding to transform food systems" was covered 14 hours ago by Business Mirror, a news publisher based in Philippines.

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Ifad calls for more funding to transform food systems - Business Mirror

Quick Summary:

The International Fund for Agricultural Development (Ifad) pushed for the development of "new and innovative” ways to mobilize funding to end hunger by 2030.

Ifad is the only UN fund and the only UN specialized agency other than the World Bank group to operate on capital markets.

For the past two decades, Official Development Assistance (ODA) for agriculture has been stagnant at just 5-6 percent of total ODA, nearing $10 billion in recent years, and falling short of the needs.