Remarks by World Bank Group President David Malpass to the U.S. Treasury’s Event on Tackling Food Insecurity : The Challenge and Call to Action

These remarks were delivered by the World Bank Group President David Malpass to the U.S. Treasury’s Event on Tackling Food Insecurity : The Challenge and Call to Action, on April 19, 2022. He spoke about Russia’s invasion of Ukraine has triggered major threats to global food and nutrition security. He mentioned that the global food and fertilizer prices were already on the rise prior to the war. He added that food and nutrition insecurity were also rising. He described that the deepening of the crisis in the last two months is directly linked to the terrible war being waged by Russia on Ukraine, and the costly financial, shipping, and logistical hurdles now faced by agribusinesses and importers. He also said that food crises are particularly devastating for the poorest and most vulnerable people. He expects to launch an overall surge in their financial support in coming weeks. He told them that funding for food security will be an important component. He also mentioned two mechanisms that can be mobilized alongside IDA and IBRD, to boost food security and resilience, in a well-coordinated manner as follows: (i) the Global Agriculture and Food Security Program (GAFSP), which was set up by the G20 in response to the 2007-2008 food crisis; and (ii) the World Bank also hosts a multi-donor Trust Fund, Food Systems 2030, that can help countries strengthen their food systems to meet short and long-term goals. He spoke about the tragedy unfolding in Ukraine must not be compounded with another tragedy – a global food crisis. He concluded by saying that they can count on the World Bank Group to work with all partners to help the people of developing economies to confront these challenges.

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Bibliographic Details
Main Author: Malpass, David
Format: Speech biblioteca
Language:English
English
Published: World Bank, Washington, DC 2022-04-19
Subjects:FOOD INSECURITY, INVASION OF UKRAINE, FOOD INFLATION, OIL PRICE, NATURAL GAS PRICE, FERTILIZER PRICE, AID TO REFUGEE HOSTS, INCREASE MARKET ACCESS, FOOD SYSTEMS 2030 TRUST FUND,
Online Access:http://documents.worldbank.org/curated/en/099851504212235537/IDU0ce00466401080804c05941e6cbfccf
http://hdl.handle.net/10986/37799
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spelling dig-okr-10986377992022-08-02T05:10:40Z Remarks by World Bank Group President David Malpass to the U.S. Treasury’s Event on Tackling Food Insecurity : The Challenge and Call to Action Malpass, David FOOD INSECURITY INVASION OF UKRAINE FOOD INFLATION OIL PRICE NATURAL GAS PRICE FERTILIZER PRICE AID TO REFUGEE HOSTS INCREASE MARKET ACCESS FOOD SYSTEMS 2030 TRUST FUND These remarks were delivered by the World Bank Group President David Malpass to the U.S. Treasury’s Event on Tackling Food Insecurity : The Challenge and Call to Action, on April 19, 2022. He spoke about Russia’s invasion of Ukraine has triggered major threats to global food and nutrition security. He mentioned that the global food and fertilizer prices were already on the rise prior to the war. He added that food and nutrition insecurity were also rising. He described that the deepening of the crisis in the last two months is directly linked to the terrible war being waged by Russia on Ukraine, and the costly financial, shipping, and logistical hurdles now faced by agribusinesses and importers. He also said that food crises are particularly devastating for the poorest and most vulnerable people. He expects to launch an overall surge in their financial support in coming weeks. He told them that funding for food security will be an important component. He also mentioned two mechanisms that can be mobilized alongside IDA and IBRD, to boost food security and resilience, in a well-coordinated manner as follows: (i) the Global Agriculture and Food Security Program (GAFSP), which was set up by the G20 in response to the 2007-2008 food crisis; and (ii) the World Bank also hosts a multi-donor Trust Fund, Food Systems 2030, that can help countries strengthen their food systems to meet short and long-term goals. He spoke about the tragedy unfolding in Ukraine must not be compounded with another tragedy – a global food crisis. He concluded by saying that they can count on the World Bank Group to work with all partners to help the people of developing economies to confront these challenges. 2022-08-01T18:45:34Z 2022-08-01T18:45:34Z 2022-04-19 Speech http://documents.worldbank.org/curated/en/099851504212235537/IDU0ce00466401080804c05941e6cbfccf http://hdl.handle.net/10986/37799 English en CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Speeches of World Bank Presidents [collection under construction] :: Speeches by David R. Malpass (2019 to present)
institution Banco Mundial
collection DSpace
country Estados Unidos
countrycode US
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access En linea
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tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
English
topic FOOD INSECURITY
INVASION OF UKRAINE
FOOD INFLATION
OIL PRICE
NATURAL GAS PRICE
FERTILIZER PRICE
AID TO REFUGEE HOSTS
INCREASE MARKET ACCESS
FOOD SYSTEMS 2030 TRUST FUND
FOOD INSECURITY
INVASION OF UKRAINE
FOOD INFLATION
OIL PRICE
NATURAL GAS PRICE
FERTILIZER PRICE
AID TO REFUGEE HOSTS
INCREASE MARKET ACCESS
FOOD SYSTEMS 2030 TRUST FUND
spellingShingle FOOD INSECURITY
INVASION OF UKRAINE
FOOD INFLATION
OIL PRICE
NATURAL GAS PRICE
FERTILIZER PRICE
AID TO REFUGEE HOSTS
INCREASE MARKET ACCESS
FOOD SYSTEMS 2030 TRUST FUND
FOOD INSECURITY
INVASION OF UKRAINE
FOOD INFLATION
OIL PRICE
NATURAL GAS PRICE
FERTILIZER PRICE
AID TO REFUGEE HOSTS
INCREASE MARKET ACCESS
FOOD SYSTEMS 2030 TRUST FUND
Malpass, David
Remarks by World Bank Group President David Malpass to the U.S. Treasury’s Event on Tackling Food Insecurity : The Challenge and Call to Action
description These remarks were delivered by the World Bank Group President David Malpass to the U.S. Treasury’s Event on Tackling Food Insecurity : The Challenge and Call to Action, on April 19, 2022. He spoke about Russia’s invasion of Ukraine has triggered major threats to global food and nutrition security. He mentioned that the global food and fertilizer prices were already on the rise prior to the war. He added that food and nutrition insecurity were also rising. He described that the deepening of the crisis in the last two months is directly linked to the terrible war being waged by Russia on Ukraine, and the costly financial, shipping, and logistical hurdles now faced by agribusinesses and importers. He also said that food crises are particularly devastating for the poorest and most vulnerable people. He expects to launch an overall surge in their financial support in coming weeks. He told them that funding for food security will be an important component. He also mentioned two mechanisms that can be mobilized alongside IDA and IBRD, to boost food security and resilience, in a well-coordinated manner as follows: (i) the Global Agriculture and Food Security Program (GAFSP), which was set up by the G20 in response to the 2007-2008 food crisis; and (ii) the World Bank also hosts a multi-donor Trust Fund, Food Systems 2030, that can help countries strengthen their food systems to meet short and long-term goals. He spoke about the tragedy unfolding in Ukraine must not be compounded with another tragedy – a global food crisis. He concluded by saying that they can count on the World Bank Group to work with all partners to help the people of developing economies to confront these challenges.
format Speech
topic_facet FOOD INSECURITY
INVASION OF UKRAINE
FOOD INFLATION
OIL PRICE
NATURAL GAS PRICE
FERTILIZER PRICE
AID TO REFUGEE HOSTS
INCREASE MARKET ACCESS
FOOD SYSTEMS 2030 TRUST FUND
author Malpass, David
author_facet Malpass, David
author_sort Malpass, David
title Remarks by World Bank Group President David Malpass to the U.S. Treasury’s Event on Tackling Food Insecurity : The Challenge and Call to Action
title_short Remarks by World Bank Group President David Malpass to the U.S. Treasury’s Event on Tackling Food Insecurity : The Challenge and Call to Action
title_full Remarks by World Bank Group President David Malpass to the U.S. Treasury’s Event on Tackling Food Insecurity : The Challenge and Call to Action
title_fullStr Remarks by World Bank Group President David Malpass to the U.S. Treasury’s Event on Tackling Food Insecurity : The Challenge and Call to Action
title_full_unstemmed Remarks by World Bank Group President David Malpass to the U.S. Treasury’s Event on Tackling Food Insecurity : The Challenge and Call to Action
title_sort remarks by world bank group president david malpass to the u.s. treasury’s event on tackling food insecurity : the challenge and call to action
publisher World Bank, Washington, DC
publishDate 2022-04-19
url http://documents.worldbank.org/curated/en/099851504212235537/IDU0ce00466401080804c05941e6cbfccf
http://hdl.handle.net/10986/37799
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