GAFSP donors announce $300M to end hunger and malnutrition

16 October 2020 | News

This new funding will allow GAFSP to continue its support for smallholder farmers, businesses, and countries to achieve food security Image credit- shutterstock.com Image credit- shutterstock.com

During the launch of the Global Agriculture and Food Security Program (GAFSP) Replenishment Period 2020-25 recently, hosted by the German Federal Ministry of Economic Cooperation and Development (BMZ), donors increased their contributions to achieve Sustainable Development Goal 2 (SDG2) – a world with zero hunger.

As part of GAFSP’s first replenishment period to raise US$1.5 billion over five years, Australia, the Bill and Melinda Gates Foundation, Germany, Norway, and Spain announced over $300 million in new contributions to GAFSP – meeting its yearly replenishment target for 2020.

This new funding will allow GAFSP to continue its support for smallholder farmers, businesses, and countries to achieve food security by launching a new Call for Proposals in early 2021 to support COVID-19 response and recovery.

The World Bank Group works with partners to build food systems that can deliver adequate, safe, affordable and nutritious food to people in a sustainable way, both in times of crisis and beyond. The World Bank serves as host, Trustee, and is one of GAFSP’s implementing partners, which include regional and multilateral development banks and the Rome-based agencies.

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