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Agriculture can help reduce poverty for 75% of the world's poor, who live in rural areas and work mainly in farming. It can raise incomes, improve food security and benefit the environment. The World Bank Group is a leading financier of agriculture, with $8.1 billion in new commitments in 2013.
The Impact of Personality Traits on Technology Adoption in Agriculture. February 2, 2017 — Data from 1,200 rice farmers in Ghana suggest that non-cognitive skills significantly affect simple adoption decisions and technical efficiency in rice production, and that the size of the estimated impacts exceeds that of traditional human capital ...
The World Bank has significantly scaled up its engagement and investment in climate-smart agriculture (CSA). In its Climate Change Action Plan (2021- 2025), the World Bank has identified Agriculture, Food, Water and Land as one of the five key transitions needed to tackle the Paris Agreement. Since the adoption of the Paris Agreement, the World ...
Agriculture and Rural Development. Research within this pillar aimed to identify the global impacts of reforms that appear to be a particularly high priority and to generate new research that can provide guidance on the policy reforms needed to achieve the goal of ending extreme poverty. The Role of Agriculture and Rural Development in Ending ...
Agricultural development is one of the most powerful tools to end extreme poverty, boost shared prosperity and feed a projected 9.7 billion people by 2050. Growth in the agriculture sector is two to four times more effective in raising incomes among the poorest than other sectors. Projects.
Food Security. Like the previous year, news in agriculture and food in 2021 was dominated by deteriorating food security. Approximately 30 percent of the world’s population lacked access to adequate food in 2020 and into 2021. The World Bank took action to fight food insecurity around the world, providing immediate aid to vulnerable ...
In Manila. David Llorito. dllorito@worldbank.org. MANILA, September 9, 2020—Transforming Philippine agriculture into a dynamic, high-growth sector is essential for the country to speed up recovery, poverty reduction and inclusive growth, according to the latest report released by the World Bank.
Agribusiness small and medium-sized enterprises (SMEs) are critical to link smallholder producers to national markets, meet food demand and create tomorrow’s jobs. Africa’s food market, valued at about US$313 billion a year in 2013, could triple by 2030, with investments in infrastructure, smart business and trade policies and a dynamic ...
Priority Areas for Support. 1. Enhancing agricultural productivity, competitiveness, and rural growth. Promoting new technologies and reforming agricultural research and extension: Major reform and strengthening of India’s agricultural research and extension systems is one of the most important needs for agricultural growth.
However, the world is facing a widening research and development (R&D) spending gap, even as government funding for agriculture is reaching new heights. In developed countries, investment in agricultural R&D was equivalent to 3.25 percent of agricultural GDP in 2011, compared with 0.52 percent in developing counties.