WFP and UNCDF join forces to drive action against hunger through innovative financing
A Partnerships Framework was signed in Rome today by WFP Programme Director, Humanitarian and Development Division, David Kaatrud, and UNCDF Executive Secretary Preeti Sinha.
“This partnership comes at a critical time. The world is facing a global hunger crisis of unprecedented proportions in 2022. Either we rise to the challenge of meeting immediate needs at scale while at the same time, supporting programmes that build long-term resilience at scale, or we will face even greater challenges down the line,” Kaatrud said.
“The partnership will support WFP’s mandate to save lives and change lives by leveraging new financing mechanisms,” he added.
“Building food systems on inclusivity and resilience requires the right mix of financing instruments along the entire agricultural value chain. Such finance instruments must work in ways that connect central and local governments, the private sector, Civil Society Organizations, and other local actors, build inclusion and resilience and contribute to the localization of the Sustainable Development Goals,” said Mrs. Preeti Sinha.
“In close partnership with WFP, UNCDF’s ambition is to strengthen the resilience of the most vulnerable, particularly in last-mile contexts, and bring together different arrays of actors to co-create sustainable financing solutions to increase local food production and diversification,” she added.
Both agencies are interested in scaling up programmes that support the goals of the coalitions that emerged from the 2021 UN Food Systems Summit. These include coalitions focusing on school meals, the Humanitarian-Development-Peace Nexus, climate-resilient food systems, social protection, the zero hunger pledge, healthy diets, resilient local food supply chains, women and girls in food systems and people with disabilities.
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The United Nations World Food Programme (WFP) is the world’s largest humanitarian organization, saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change. Follow us on Twitter @wfp_media
The United Nations Capital Development Fund (UNCDF) makes public and private finance work for the poor in the world's 46 least developed countries (“LDCs”). UNCDF offers "last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.