We face an urgent need to transform our food system in way that respects the planet and its resources; meets the health needs of the global population; addresses the wasteful and harmful aspects of current food production and distribution; and provides lucrative financial return for all stakeholders.
Annually, governments worldwide contribute significantly to the agricultural industry with total agricultural subsidies and funding exceeding more than $817 billion. Yet, hunger, malnutrition, and diet-related disease persist – particularly in sub-Saharan Africa – calling into question the methods policymakers are currently using to address food insecurity and creating the opportunity for a better way of equipping populations with the tools and resources necessary to have consistent and sufficient access to affordable, nutrient-rich foods.
The report from The Global Panel – “Exploring Potential Benefits of Repurposing Agricultural Subsidies in sub-Saharan Africa” – dives into this ongoing and complicated issue by investigating and providing recommendations on how governments can more effectively use the over $680 million committed to supporting food security, commodity exports, and job creation in sub-Saharan Africa to achieve better health, economic, and environmental outcomes for the millions in the region.
Good Food Finance Network 