The Group of Seven (G7) most industrialized countries in the world will commit to providing up to $ 5 billion to improve global food security, a senior US official said today, responding to growing consumer concerns. war in Ukraine.
In a statement issued today, the last day of the G7 summit in Germany, the US official noted that the US will provide more than half of this amount, which will be given to the fight against hunger in 47 countries and the financing of regional organizations.
The G7 is trying to mobilize emerging economies, many of which have close ties to Russia, to counter Russian President Vladimir Putin's invasion of Ukraine, and has invited five small, middle-income democracies to its summit in Germany. .
Some developing nations, former victims of Western colonialism, see Western protests in Ukraine as serving their own interests and are more concerned about the impact of rising food prices on their populations.
Some blame the shortfall on Western sanctions rather than Russia's invasion of one of the world's largest grain producers and the blockade of its ports by Russian forces.
"(Putin)'s actions strangled the production of food and agricultural products and (he) used food as a weapon of war by destroying agricultural stocks, processing facilities (…) and blocking Black Sea ports," the official said.
About $ 2 billion of the amount will be donated directly to humanitarian aid, while $ 760 million will be donated to "food aid" to "enhance the resilience and productivity of the world's food systems".
Source: RES-EAP