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Special HLPF Event - SOFI 2024

15 July 2024, Video Message by Dr. QU Dongyu, Director-General of the Food and Agriculture Organization of the United Nations (FAO) on the official launch of the United Nations The State of Food Security and Nutrition in the World (SOFI) report on 24 July in Brazil. This High-Level Political Forum (HLPF) sets the scene for launching the full SOFI 2024 report in Rio de Janeiro on 24 July.

Language English

Duration 3m54s

Edit Version Full Mix

Video Type Video Message

Date 07/15/2024 12:00 AM

File size 423.53 MB

Unique ID UF17260

Production details and shotlist

UNFAO Source FAO Video

Script 1. I wish to welcome you on behalf of FAO and our partners in the State of Food Security and Nutrition in the World (SOFI) Report 2024.
2. Conflicts, climate-related events, economic crises, and the cost of healthy diets, are driving global food insecurity and malnutrition.
3. And growing inequalities are magnifying their effects.
4. However, this does not mean that achieving zero hunger is impossible.
5. Depending on the country specific drivers, there are several pathways to transform global agrifood systems to achieve SDG 2.
6. For example, we are also better informed about of the portfolios of policies, investments and legislation that is needed along these transformative pathways.
7. Yet we are off-track to meet the 2030 deadline. The 2024 SOFI report spotlights one of the core reasons: insufficient financing.
8. Countries have not been able to mobilize sufficient resources to fund the necessary policies, programmes and interventions.
9. Globally, this funding gap may well reach several trillion US Dollars.
10. We need innovative, inclusive and equitable solutions to scale up financing in the countries where hunger, food insecurity and malnutrition are most alarming.
11. We have observed that countries with the highest level of food insecurity and are often those with least access to financing.
12. We need to increase our efforts to support these countries to overcome their hurdles in accessing affordable financing.
13. In that regard, I have three recommendations to share with you:
14. First: Coordination.
15. I call on funders and partners across agrifood systems to enhance coordination and consensus on what and where it is essential to finance, and to better target financing for the ones most in need, considering national and local priorities.
16. Second: Risk-tolerance.
17. I urge donors and other global partners to be more risk-tolerant and involved in de-risking activities.
18. Our agrifood systems are operating under risk and uncertainties, which continue to increase.
19. Third: Blended financing.
20. We need more blended financing, which is well targeted and properly dimensioned.
21. While national commitments and public investments are critical, the scope of the problem goes beyond the public sector. We would need the private sector’s full engagement and financing to fill the gaps.
22. We need both the public and the private sector to invest jointly around common goals, and to invest in public goods that will support food security and nutrition and reduce inequality.
23. If we act upon these three calls, we will move closer to SDG2.
24. Financing zero hunger today is investing in a better future tomorrow.
25. It means investing in the Four Betters: better production, better nutrition, a better environment and a better life - leaving no one behind.
26. Thank you.

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