G8 Muskoka Declaration: Recovery and New Beginnings, Canada, 26 June 2010

Sectors : Food security
Organisation : G8
Date made: 
Heads Of State
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Commitments in: Agriculture - Food security

“16. Food security remains an urgent global development challenge, exacerbated by climate change, increasing global food demand, past underinvestment in the agricultural sector, and extreme price volatility which has strong damaging impacts on the most vulnerable. In 2009 in L’Aquila, we together with other countries and organizations adopted fundamental principles to enhance food security: use a comprehensive approach; invest in country-led plans; strengthen strategic coordination; leverage benefits of multilateral institutions; and deliver on sustained and accountable commitments. We launched the L’Aquila Food Security Initiative (AFSI) based on these principles and ultimately mobilized with US$22 billion for sustainable agriculture development over three years, while maintaining a strong commitment to ensure adequate emergency food aid. The initiative helped achieve a wide consensus and enabled progress to be made in reforming the Committee on Food Security and advancing the Global Partnership for Agricultural and Food Security. As of April 30, 2010, we have disbursed/allocated USD $6.5 billion and remain committed to disburse/allocate the full amount of our individual commitments by 2012. We are working actively to ensure a coordinated approach nationally, regionally and globally, while maintaining our focus on country-led initiatives. We are pleased with the launch of the Global Agriculture and Food Security Program hosted at the World Bank, which has $880 million in commitments, and other mutually complementary initiatives or mechanisms, such as the African Agriculture Fund. We underline the critical importance of accountability for ensuring that these collective commitments are met. We underline the key contribution of research to fight hunger and poverty, notably by increasing sustainable agricultural productivity and reiterate our support to the ongoing reform of the global research networks. Reduced malnutrition is a primary outcome of our Food Security Initiative and will contribute to improved maternal and child health.”