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Wednesday, February 12, 2025
HomeWorldGrowing global uncertainties fuel rise in hunger and poverty, triggering a race...

Growing global uncertainties fuel rise in hunger and poverty, triggering a race against time

IFAD president Alvaro Lario at a media conference during the first day of the 48th session of the IFAD Governing Council. Credit: Joyce Chimbi/IPS
  • by Joyce Chimbi (rome & nairobi)

Speaking on the backdrop of IFAD’s annual Governing Council, King Letsie III of Lesotho, African Union Nutrition Champion, Julius Maada Bio, President of Sierra Leone, Alvaro Lario, IFAD President, and Dayana Dokera Domico, Indigenous and youth activist, leader of the Emberá People, spoke of finding solutions amid increasingly complex and uncertain global alliances, priorities and development financing.

“There are hundreds of millions of people in extreme poverty. It is important for us today to continue working together on a collective action supported by governments, development financial institutions, multilateral development banks and public development banks. It is very important that we continue investing in creating stable rural communities as the foundation for global stability. At the same time, productive agriculture means less hunger,” said Lario, stressing that together they will explore ways to catalyze investment.

As the world’s fund for transforming agriculture, rural economies and food systems, IFAD’s work focuses on those who are otherwise left behind, supporting vulnerable rural people. Often referred to as “the last mile,” IFAD considers rural areas the first mile, as this is where small-scale farmers grow the food that nourishes the planet.

On February 12 and 13, 2025, the 48th session of the IFAD Governing Council, IFAD’s main decision-making body, will bring together heads of state, ministers, high-level representatives of international financial institutions and multilateral development banks, Indigenous peoples representatives and others from rural communities globally to generate investments for rural people.

“That we are in the presence of heads of states, government ministers, heads of multilateral development banks and financial institutions is a demonstration of a shared belief in the IFAD mission and, more so, in the important mission of tackling food insecurity, hunger, inequality, and poverty, of which 80 percent is concentrated in rural areas. It is important that these investments generate impact,” Lario emphasized.

With four in five of the world’s extreme poor people living in rural areas in developing countries, the leaders stressed that tackling agricultural and rural development challenges requires renewed action, strategic focus, innovative thinking and financial instruments that match escalating global problems.

“To adequately address the pressing challenges facing Africa, particularly Southern Africa, we must focus on driving our own development through sustainable nutrition strategies. The recent droughts that have affected most, if not all, of our region have exacerbated food insecurity, and we suspect millions will face hunger in this year, 2025,” King Letsie III explained.

“However, in response to some of these challenges, the African Union’s 2025 Declaration emphasizes the importance of nutrition in agricultural development, highlighting the need for investment in agri-food systems that support healthy diets.”

In January, African leaders adopted the 2025 Kam…

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