In my last post, I wrote about the launch of a new fund, the Global Agriculture and Food Security Program (GAFSP). The GAFSP, a multidonor trust fund to be managed by the World Bank, is the first concrete step the G8/G20 countries have taken towards fulfilling their pledge to “to act with the scale and urgency needed to achieve sustainable global food security,” as expressed at the L’Aquila G8 meeting in July 2009.
The effort is - in itself - commendable. The availability of new funding for food security initiatives in low income countries, and a renewed focus on addressing the long term causes of food insecurity are critical steps towards eradicating chronic hunger. As the GAFSP begins its implementation, here are a few observations regarding the execution of this ambitious initiative:
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