World Summit on Food Security, Rome 16-18 November 2009: Declaration

Sectors : Aid volume
Organisation : FAO
Date made: 
Heads Of State
You are viewing a filtered list of commitments, click here to view all commitments in this text

Commitments in: Financing for Development - Aid volume

“37. We underline that the fulfilment of all official development assistance (ODA) commitments is crucial, including the commitments by many developed countries to achieve the target of 0.7 percent of gross national product (GNP) for ODA to developing countries by 2015 and to reach the level of at least 0.5 percent of GNP for ODA by 2010, as well as a target of 0.15 to 0.2 percent of GNP for ODA to least-developed countries.

38. We note that the share of ODA devoted to agriculture reached a level of 19 percent in 1980, but fell to 3.8 percent in 2006. There is, however, an indication that this trend is reversing. We commit to substantially increase the share of ODA devoted to agriculture and food security based on country-led requests. We encourage international financial institutions and regional development banks to do likewise. We welcome the commitments of the “L’Aquila” Joint Statement on Global Food Security in July 2009, including those towards a goal of mobilizing USD 20 billion over three years, and we call upon the fulfilment of those commitments. We highly appreciate the interest shown and resources mobilized for agriculture and food security by private philanthropic foundations in recent years.”