Food Security

The UN welcomes the continuation of the initiative, which has moved over 30 million tons of food, helping to bring down global prices and stabilize markets.

Developing countries are facing a projected foregone income of $800 billion and battling unprecedented levels of debt distress.

The UN welcomes the extension of the initiative, which has moved 25 million metric tons of grains and foodstuffs, helping to bring down food prices and stabilize global markets.

Long-standing infrastructure gaps, structural socioeconomic challenges and enormous development needs continue to undermine the resilience of these countries.

As food becomes more expensive to import, it becomes even harder for developing countries to keep millions of people from going hungry.

This year marks the 20th anniversary of the awards, which celebrate best practices in investment promotion.

The funds will be provided during a two-year period on behalf of the Minister of Foreign Trade and Development Cooperation of the Netherlands.

The renewal of the UN-backed initiative is vital to continuing to drive global food prices down and ensuring food security worldwide, especially in developing countries.

By renewing the Black Sea Grain Initiative, ending trade restrictions, facilitating exports and managing demand, we can get food, fertilizers and energy to all.

Almost 60% of Africa's low-income countries are already in debt distress or at high risk of it and millions of Africans are falling back into poverty amid acute risks of food insecurity.