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Agriculture can help reduce poverty for 75% of the world's poor, who live in rural areas and work mainly in farming. It can raise incomes, improve food security and benefit the environment. The World Bank Group is a leading financier of agriculture, with $8.1 billion in new commitments in 2013.
They are crucial for meeting the rising demand of food and agro-industrial products, particularly amid the threat of food insecurity. While rising demand for diversified and higher-value products presents a huge opportunity for Indonesia’s agri-food sector, at the same time the sector needs to navigate a set of increasingly complex challenges.
Experience shows that when a country’s agricultural sector is not competitive, there is greater reliance on imports and less agriculture-driven poverty reduction in rural areas. Agribusiness small and medium-sized enterprises (SMEs) are critical to link smallholder producers to national markets, meet food demand and create tomorrow’s jobs .
The World Bank took action to fight food insecurity around the world, providing immediate aid to vulnerable households and more long-term support to farmers in the form of seeds, fertilizer, and other agricultural inputs. COVID-19 also pushed more people into poverty and made the poor poorer around the world.
Modernizing the country’s agricultural sector is a very important agenda for the Philippines. Precisely, transforming Philippine agriculture into a dynamic, high-growth sector is essential to poverty reduction, inclusive growth and getting to the next level income and development.
Two of its border regions with Nigeria (northwest and southwest) are Anglophone, while the rest of the country is Francophone. Cameroon is endowed with rich natural resources, including oil and gas, mineral ores, and high-value species of timber, and agricultural products, such as coffee, cotton, cocoa, maize, and cassava. Political Context
Water in agriculture is central to feeding the planet, providing livelihoods, and building resilience to climate shocks and extremes. Yet sustainable achievement of these objectives is threatened by growing demand for food and fiber, unsustainable resource use, and ever increasing climate volatility and change.
Innovative Products: We assist in the design and develop a wide range of instruments, either as a technical assistance or part of lending projects: value chain finance, innovative credit scoring based on agriculture specificities, partial credit guarantees schemes, digital agriculture platforms linking agriculture value chains and financial ...
MANILA, September 9, 2020—Transforming Philippine agriculture into a dynamic, high-growth sector is essential for the country to speed up recovery, poverty reduction and inclusive growth, according to the latest report released by the World Bank.
Agricultural output in Turkey has increased significantly in recent years, with exports of agri-food products rising to about $20.7 billion in 2020, representing about 10 percent of national exports. The sector accounts for 6.6 percent of Turkey’s economy and employs about 18 percent of the labor force.
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