Context:
Recently, the Food And Agricultural Organisation (FAO) Director-General opens the third Hand-in-Hand Investment Forum
Relevance:
GS II: Government Policies and Interventions
Hand-in-Hand Initiative
Introduction to the Initiative
- Launched in 2019, the Hand-in-Hand Initiative is spearheaded by the Food and Agricultural Organization (FAO).
- The initiative targets regions where poverty and hunger are most severe, and where national capacities are often hindered by both natural and man-made challenges.
Goals and Objectives
- Core Aims: It aims to eradicate poverty (SDG1), end hunger and malnutrition (SDG2), and diminish inequalities (SDG10) through the transformation of agricultural systems.
- Strategic Approach: Utilizes geospatial, biophysical, and socio-economic data alongside advanced analytics to identify areas where agricultural and environmental management can effectively reduce poverty and hunger.
- Intervention Zones: Focuses on developing value chains for key commodities, enhancing agro-industries, and fostering efficient water management and precision agriculture practices.
Membership and Reach
- As of now, 72 countries are active participants in this initiative, collaborating on various developmental projects.
About the Food and Agricultural Organization (FAO)
Foundation and Purpose
- FAO was established in October 1945, making it one of the oldest specialized agencies of the United Nations dedicated to defeating global hunger.
- The agency is committed to improving nutrition, increasing agricultural productivity, enhancing the quality of life in rural areas, and promoting global economic growth.
Membership and Structure
- Currently comprises 194 member states along with the European Union.
- Based in Rome, Italy, FAO operates worldwide with numerous country offices.
-Source: Financial Express
