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BookletAnnual reportSpecial Fund for Emergency and Rehabilitation Activities (SFERA) | Annual Report 2019 2020
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No results found.The Special Fund for Emergency and Rehabilitation Activities (SFERA) enables the Food and Agriculture Organization of the United Nations (FAO) to take rapid and effective action in response to food and agricultural threats and emergencies. The Fund has three components: (i) a working capital component to advance funds once a resource partner’s commitment is secured toward the immediate procurement of inputs to protect livelihoods, restart agricultural activities or contribute to an immediate response to a crisis; (ii) a revolving fund component to support FAO’s involvement in needs assessment and programme development, early establishment and reinforcement of emergency country team capacities, Level 3 emergency preparedness, and response activities; and (iii) a programme component, which pools resources in support of a programme framework for large-scale emergencies or strategically complements ongoing programmes through the Agricultural Inputs Response Capacity (AIRC) window, as well as early actions triggered by corporate early warnings. From its inception in 2004 through 31 December 2019, SFERA received USD 249 million, of which 210.2 million were allocated as follows: (i) USD 105.3 were allocated to large-scale programmes (e.g. sudden onset disasters, El Niño response, highly pathogenic avian influenza, locust outbreaks, fall armyworm, and protracted crises); (ii) USD 53.5 million were distributed under the AIRC window; (iii) USD 28 million were used to reinforce country office emergency response capacities and support need assessments and programme formulation; (iv) USD 13.7 million were distributed to the Level 3 emergencies preparedness and response window, and (v) USD 9.7 million were contributed to the early action window. Since SFERA’s inception, under its working capital component, USD 412.4 million have been advanced to fund immediate emergency projects, of which USD 21.5 million were advanced over the reporting period. Outstanding advances as at 31 December 2019 amounted to USD 0.3 million. SFERA’s cash balance as at 31 December 2019 was USD 38.6 million.
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Book (series)FlagshipThe State of Food Security and Nutrition in the World 2025
Addressing high food price inflation for food security and nutrition
2025While some progress and recovery have been made in recent years, the world is still above pre-COVID-19 pandemic levels and far from eradicating hunger and food insecurity by 2030 (SDG Target 2.1). Similarly, despite some progress in the global nutrition targets, the world is not on track to achieve SDG Target 2.2. Among other factors, persistent food price inflation has slowed this momentum.The State of Food Security and Nutrition in the World 2025 highlights how elevated inflation in many countries has undermined purchasing power and, especially among low-income populations, access to healthy diets. The report documents how high food price inflation is associated with increases in food insecurity and child malnutrition. Vulnerable groups, including low-income households, women, and rural communities, can be particularly affected by food price inflation, risking setbacks in the fight against hunger and malnutrition.In response to these challenges and to prevent future price shocks, the report examines policy measures adopted by countries, and outlines what is necessary going forwards. It stresses the importance of coherent implementation of fiscal and monetary policies to stabilize markets, promote open and resilient trade, and protect vulnerable populations. Additionally, it calls for better data systems and sustained investment in resilient agrifood systems to build long-term food security and nutrition. These coordinated actions are vital to reignite progress towards ending hunger and malnutrition by 2030. -
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