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Gates says agricultural investment is key, and backs this up with a grant for CIMMYT

Earlier today, Bill Gates, co-chair of the Bill & Melinda Gates Foundation,Ā spoke at IFAD’s Governing Council Meeting in Rome on “Sustainable smallholder agriculture: Feeding the world, protecting the planet.” He called on the international scientific community to unite around a common global target for fighting hunger and reducing poverty, through sustainable productivity growth. ā€œIf you care about the poorest, you care aboutĀ agriculture,ā€ he said. ā€œInvestments in agriculture are the best weapons against hunger andĀ poverty, and they have made life better for billions of people. TheĀ international agriculture community needs to be more innovative, coordinatedĀ and focused to really be effective in helping poor farmers grow more. If we can do that, we can dramatically reduce suffering, and build self-sufficiency.ā€ To further these sentiments, Gates announced a further USD 200 million in grants from the Foundation’s agriculture program, bringing their total investment in smallholder farmers to more than USD 2 billion, since the program began in 2006. One of the seven projects to receive grants is phase III of CIMMYT’s Drought Tolerant Maize for Africa (DTMA) initiative, which will receive USD 33 million over four years. CIMMYT is coordinating the project in collaboration with IITA and national partners from 13 African countries. The project has made great strides toward itsĀ ten-year goal of increasing average maize productivity under smallholder farmerĀ conditions by 20-30% on adopting farms. The new funding should enable deliveryĀ of enough drought tolerant maize seed to benefit 30-40 million people inĀ sub-Saharan Africa, adding grain worth an annual average of USD 160-200 millionĀ in drought-affected areas. ā€œIn this phase, our focus will be on developing varieties withĀ  both heat and drought tolerance, and getting the seed of these varieties intoĀ farmers’ hands as widely, timely and affordably as possible,ā€ said WilfredĀ  Mwangi, DTMA Project Leader.
February 23, 2012

Earlier today, Bill Gates, co-chair of the Bill & Melinda Gates Foundation,Ā spoke at IFAD’s Governing Council Meeting in Rome on “Sustainable smallholder agriculture: Feeding the world, protecting the planet.” He called on the international scientific community to unite around a common global target for fighting hunger and reducing poverty, through sustainable productivity growth. ā€œIf you care about the poorest, you care aboutĀ agriculture,ā€ he said. ā€œInvestments in agriculture are the best weapons against hunger andĀ poverty, and they have made life better for billions of people. TheĀ international agriculture community needs to be more innovative, coordinatedĀ and focused to really be effective in helping poor farmers grow more. If we can do that, we can dramatically reduce suffering, and build self-sufficiency.ā€

To further these sentiments, Gates announced a further USD 200 million in grants from the Foundation’s agriculture program, bringing their total investment in smallholder farmers to more than USD 2 billion, since the program began in 2006. One of the seven projects to receive grants is phase III of CIMMYT’s Drought Tolerant Maize for Africa (DTMA) initiative, which will receive USD 33 million over four years. CIMMYT is coordinating the project in collaboration with IITA and national partners from 13 African countries. The project has made great strides toward itsĀ ten-year goal of increasing average maize productivity under smallholder farmerĀ conditions by 20-30% on adopting farms. The new funding should enable deliveryĀ of enough drought tolerant maize seed to benefit 30-40 million people inĀ sub-Saharan Africa, adding grain worth an annual average of USD 160-200 millionĀ in drought-affected areas. ā€œIn this phase, our focus will be on developing varieties withĀ  both heat and drought tolerance, and getting the seed of these varieties intoĀ farmers’ hands as widely, timely and affordably as possible,ā€ said WilfredĀ  Mwangi, DTMA Project Leader.

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