72. -- Food Security
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G20 Cannes Summit Final Declaration: “Building our Common Future: Renewed Collective Action for the Benefit of All"
- 01.
- 02. A global strategy for growth and jobs
- 03-08. Fostering Employment and Social Protection
- 09.
- 10-11. Increasing the benefits from financial integration and ...
- 12-13. Reflecting the changing economic equilibrium and the emergence of new international currencies
- 14-16. Strengthening our capacity to cope with crises
- 17-20. Strengthening IMF surveillance
- 22.
- 23-27. Meeting our commitments notably on banks, OTC derivatives, compensation practices and credit rating agencies, and ...
- 28-29. Addressing the too big to fail issue
- 30-34. Filling in the gaps in the regulation and supervision of the financial sector
- 35-36. Tackling tax havens and non-cooperative jurisdictions
- 37-39. Strengthening the FSB capacity resources and governance
- 40-51. Addressing Food Price Volatility and Increasing Agriculture Production and Productivity
- 52-57. Improving the functioning of Energy Markets
- 58. Protecting Marine Environment
- 59-60. Fostering Clean energy, Green Growth and Sustainable Development
- 61-64. Pursuing the Fight against Climate Change
- 65-68. Avoiding protectionism and reinforcing the Multilateral Trading System
- 69-71. Development: Investing for Global Growth
- 72. -- Food Security
- 73-76. -- Infrastructure and its Financing
- 77. -- Social protection floors in developing countries
- 78. -- Global Partnership for Financial Inclusion
- 79-84. -- Financing, Tax Administrations, Revenue Systems, Transparency, ODA
- 85-89. Intensifying our Fight against Corruption
- 90-95. Governance
72. The humanitarian crisis in the Horn of Africa underscores the urgent need to strengthen emergency and long-term responses to food insecurity. In accordance with our Multi-Year “Action Plan on Food Price Volatility and Agriculture”, we:
- welcome the initiative of the Economic Community of Western African States (ECOWAS) to set up a targeted regional emergency humanitarian food reserve system, as a pilot project, and the “ASEAN+3” emergency rice reserve initiative;
- Urge multilateral development banks to finalise their joint action plan on water, food and agriculture and provide an update on its implementation by our next Summit;
- Support, for those involved, the implementation of the L’Aquila Food Security Initiative and other initiatives, including the Global Agriculture and Food Security Program;
- Launch a platform for tropical agriculture to enhance capacity-building and knowledge sharing to improve agricultural production and productivity;
- Foster smallholder sensitive investments in agriculture and explore opportunities for market inclusion and empowerment of small producers in value chains;
- Support risk-management instruments, such as commodity hedging instruments, weather index insurances and contingent financing tools, to protect the most vulnerable against excessive price volatility, including the expansion of the Agricultural Price Risk-Management Product developed by the World Bank Group (IFC). We ask international organisations to work together to provide expertise and advice to low-income countries on risk-management and we welcome the NEPAD initiative to integrate risk management in agricultural policies in Africa;
- Encourage all countries to support the Principles of Responsible Agricultural Investment (PRAI) to ensure sustained investment in agriculture;
- Confirm our commitment to scaling-up nutrition through a combination of direct nutrition interventions and the incorporation of nutrition in all relevant policies.
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Regarding the development of a global strategy and ways to ensure early and effective response to prevent acute food insecurity and malnutrition:
G20 France 2011 Report Card: World Vision is pleased that the G20 has endorsed the piloting of emergency food reserves as this will help fill a critical gap in getting food resources to severely food insecure people in a timely manner.
However, they are disappointed that the specific nutritional needs of women and children, who are most vulnerable in a food crisis, will not be addressed during the pilot phase.
World Vision's G20 France 2011 Report Card: To reduce hunger and unacceptable levels of child malnutrition, improved nutrition outcomes for women and children—especially in the first 1000 days (from conception to 2 years)—must be a key objective of food security initiatives supported by the G20.
However, the summit's final declaration failed to recognize the importance of nutrition in all aspects of food security.
World Vision's G20 France 2011 Report Card: the G20 failed to even mention small-scale farmers.
Remark: this is not correct, see the 5th bullet of article 72.