IFC Launches Financing Platform to Respond to Global Food Crisis and Build Resilient Food Systems

Responding to surging levels of food insecurity, IFC has launched a new, $6 billion financing facility to strengthen the private sector’s ability to respond to the crisis and help support food production. The war in Ukraine and an uneven global recovery from the COVID-19 pandemic have added to rising levels of hunger and malnourishment, which already have been worsened by climate change and increasingly severe weather events that are damaging harvests and reducing yields. A core part of the financing, which will be provided through the new Global Food Security…

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