In News:

Recently, the Director-General of the Food and Agriculture Organization (FAO) inaugurated the third Hand-in-Hand Investment Forum.

Purpose and Goals

• Objective: To accelerate the transformation of agrifood systems to address global challenges:
  • Eradicate poverty (SDG 1)
  • End hunger and malnutrition (SDG 2)
  • Reduce inequalities (SDG 10)
• Target: Focuses on improving the lives of poor and vulnerable populations by:
  • Raising incomes
  • Enhancing nutritional status and overall well-being
  • Strengthening resilience to climate change

Key Features of the HIH Initiative

• Launched: 2019 as a flagship program by the Food and Agriculture Organization (FAO).
• Primary Focus Areas:
  • Geospatial and analytics-driven approach: Utilizes advanced geospatial modeling, biophysical, socio-economic data, and analytics to identify key territories for intervention.
  • Market-based transformation: Aims to create sustainable, market-based solutions for agricultural development and food systems transformation.
  • Value Chain Development: Focus on developing value chains for priority commodities to boost incomes and food security.
  • Agro-Industry Building: Strengthening agro-industries and introducing efficient water management and precision agriculture systems.
  • Digitalization: Introducing digital services for better agricultural planning and productivity.

Key Areas of Intervention

• Agricultural Transformation: Identifying territories with the highest potential for transformation.
• Sustainable Management: Focus on sustainable practices in forestry, fisheries, and land management.
• Climate Resilience: Building systems to mitigate the effects of climate change and reduce vulnerability.
• Food Loss Reduction: Addressing food losses and waste across agricultural value chains.

Global Participation

• Member Countries: 72 countries have joined the initiative, collaborating on shared goals for agrifood systems transformation.

The Hand-in-Hand Investment Forum

• Purpose: A platform to mobilize investments for the successful implementation of agrifood transformation programs under the HIH initiative.
• Event: The third Hand-in-Hand Investment Forum was recently opened by the FAO Director-General to discuss challenges and solutions for global agrifood system transformation.

About the Food and Agriculture Organization (FAO)

• Established: October 1945, it is the oldest permanent specialized agency of the United Nations.
• Mandate:
  • Improve nutrition.
  • Increase agricultural productivity.
  • Raise the standard of living in rural areas.
  • Contribute to global economic growth.
• Headquarters: Rome, Italy.
• Members: 194 Member States and the European Union.

Key Role of FAO:

• FAO leads international efforts to combat hunger and malnutrition worldwide.
• Supports member countries in implementing agricultural and food security programs.

Strategic Importance

• The Hand-in-Hand Initiative is integral to FAO’s mandate, focusing on countries with the most pressing needs due to poverty, hunger, or crises (natural or man-made).
• It enhances cooperation among nations to tackle global food security challenges, with a particular emphasis on countries with limited national capacities.