The Global Food Initiative: G-8 Nations to Announce $15 Billion Plan For Agriculture
posted byThe G-8 nations, lead by Barack Obama and the United States, are set to announce a $15 billion agricultural plan, in hopes of helping poor farmers around the world. The initiative will be formally announced today during the last day of the G-8 summit in L'Aquila, Italy. It will involve programs to help farmers grow and sell their own food, and increasing food supplies. This proposal was set up in hope of helping less-developed countries become self-reliant and produce their own food. The words "Teach a man to fish and he'll never go hungry" has never been more apt.
It is estimated that in 2008, around a quarter of a million more people go hungry each day. The global recession, as well as climate change, has been the top factors for the hunger problem. Last year, rising prices of food in sparked riots around the world in such places as Ethiopia, Mauritina and Sengal, to name a few. The G-8 leaders see investing in agriculture and livelihood as the solution. They propose that a full agricultural "green revolution" over the next 3 years will improve the lives of the poorest nations in the world. The United States will be funding around $3 billion for the plan. While aid will still be given, the initiative will try to shift the focus from aid by "improving productivity." Obama is set to make the announcement after his breakfast meeting with leaders from African Nations.
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