Business

Leaders take fresh start to world hunger

Leaders of rich and developing countries launched a new approach to global hunger Friday, saying they wanted to spend $20 billion on seeds, fertilizers, tools and other aid for small farmers over the next three years so poor nations could feed themselves.

The initiative announced at the end of a Group of Eight summit marked a new emphasis on helping farmers in the developing world boost production over the long term, moving away from an emphasis on emergency food aid for people suffering from drought and famine.

"We believe that the purpose of aid must be to create the conditions where it's no longer needed -- to help people become self-sufficient, provide for their families, and lift their standards of living," President Obama said.

The promised aid was $5 billion higher than originally expected, and the United Nations and anti-poverty groups welcomed the deal. But they stressed that it was important to see how much would actually be delivered from newly allocated funds and not moved from other development projects.

For farmers in poor countries in Africa and elsewhere, any new money would help buying seeds, fertilizers and tools, said Adrian Lovett, a spokesman for Save the Children. There was expected to be a focus on ensuring property rights for poor farmers, who often cannot invest in their small farms because they don't hold legal title to the land.

The money would also likely go to building infrastructure such as roads between fields and markets, giving farmers better access to clean water by drilling wells and building pipelines and allowing them to store their products so they don't have to be sold immediately, experts said.

The initiative also says that any improvement in agricultural production should be coupled with measures to help countries to adjust to changing conditions caused by global warming.

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