Big Firms Increase Food

The world’s top firms agree to invest in developing nations’ agriculture projects, increase food production, and reduce rural poverty.

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Major business leaders working with USAID announced a plan to increase food production by 20 percent, cut greenhouse gas emission by 20 percent, and reduce rural poverty by 20 percent in the next decade, at the World Economic Forum in Switzerland. Monsanto, the world’s largest seed producer, and Unilever are amongst the 17 companies that will invest in governments and farmers to scale up sustainable agriculture in food-insecure countries like Tanzania and Vietnam. The plan, titled the New Vision for Agriculture, aims to double the amount of food the planet produces by 2050. A recent Global Food and Farming report stated that it will also be necessary to cut meat consumption in order to prevent widespread starvation.

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