Crop technology from CGIAR, including CIMMYT seed varieties, contributes US $47 billion each year to the global economy according to fresh analysis of six decades’ worth of data
A study in World Development reveals that CGIAR’s crop technologies, including significant contributions from CIMMYT, generate $47 billion annually in global economic benefits.
April 16, 2024
A recent study in World Development reveals CGIAR’s crop technologies generate $47 billion annually in global economic benefits. From 1961 to 2020, CGIAR, with significant contributions from CIMMYT, enhanced agricultural productivity across 221 million hectares. These innovations, particularly in sub-Saharan Africa, have boosted yields, reduced food prices, and spurred economic growth, highlighting the critical role of agricultural research in ensuring global food security and combating poverty.
Innovations, Poverty reduction, livelihoods and jobs
