Bill Gates announces US$310 support for farmers

Bill Gates announces US$310 support for farmers

The Bill and Melinda Gates Foundation is supporting small holder farmers in developing countries with US$310million

“US $310 million from the Bill & Melinda Gates Foundation over the next three years to support CGIAR’s shared agenda to tackle climate change and make food production in the developing world more productive, resilient and sustainable. The foundation is the second largest donor to CGIAR after the US Agency for International Development (USAID), with investments contributing to work in crop breeding, seed systems, gender equity, livestock, nutrition, and policy,” a statement by CGIAR said in a statement released on Monday 23rd September, 2019.

CGIAR is a global research partnership dedicated to reducing poverty, enhancing food and nutrition security, and improving natural resources for smallholder farmers in the developing world. Investments in CGIAR have proven to be highly cost-effective, generating returns ranging from $2 to $17 for every $1 invested, with significant economic benefits for producers and consumers. CGIAR’s 15 Research Centers are working as a single unit under its flagship Two Degree Initiative for Food and Agriculture. The Two Degree effort is helping small-scale food producers across the globe adapt their farming systems, livelihoods, and landscapes to weather extremes and embrace production practices that lower emissions.

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The statement said quoted Axel van Trotsenburg, World Bank Acting CEO as saying: “The World Bank is working towards a stepped-up effort on agricultural research in Africa. Towards this end, the Bank intends to work with its partners to develop an IDA financing package of US $60 million for CGIAR-based institutions in Africa.”

He added: “Together with its on-going contributions, the Bank could potentially provide support on the order of $150 million over the next three years.”

The other support were US $310 million from the Bill & Melinda Gates Foundation over the next three years to support CGIAR’s shared agenda to tackle climate change and make food production in the developing world more productive, resilient and sustainable.

The foundation is the second largest donor to CGIAR after the US Agency for International Development (USAID), with investments contributing to work in crop breeding, seed systems, gender equity, livestock, nutrition, and policy.

“The Netherlands will reorient €100 million (US $110 million) towards food systems that are not only more productive, but more adaptive and resilient. The Netherlands will also increase its contribution to CGIAR to €50 million (US $55 million) over two years. The country’s work with CGIAR initiatives includes a strong focus on developing public-private partnerships (PPPs), pursuing research that supports the SDGs, including efforts to help women farmers, and emphasizing the role of urban and rural consumers in achieving sustainable food systems.

“The United Kingdom, through DFID, is committing £45 million (US $56 million) for CGIAR in 2020, alongside an additional £27 million (US $34 million) to support the Global Commission’s recommendations on agriculture. DFID’s past investments have enabled CGIAR to scale-up efforts to develop crop varieties and farming systems that are more resilient and productive along with markets, value chains, technologies and policies that deliver benefits—along with better health and nutrition—to poor communities.

“Switzerland has committed 33.1 million CHF (US $33 million) to CGIAR for 2020-21. Switzerland’s close partnership with CGIAR targets efforts to find innovative solutions for high-quality food and sustainable natural resource management.

“The European Commission has committed €32.3 million (US $35 million) to CGIAR for 2020-21. The Commission, through its Development Cooperation (DEVCO) financing, supports CGIAR to develop and maintain a global policy dialogue with regard to a demand-driven agricultural research and innovation agenda.

“Sweden has committed to increase funding for CGIAR to 150 million SEK (US $16 million). Sweden, through the Swedish International Development Cooperation Agency (SIDA), has been a partner of CGIAR since 1973, supporting efforts to reduce poverty and famine, and improve health and nutrition through international research, partnerships and leadership.

“Germany, through the Federal Ministry for Economic Cooperation and Development (BMZ) commits to strengthen the resilience of 60 million small-scale farmers.

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