Global Food Crisis Summit: FAO says world only needs $30 billion a year to eradicate the scourge of hunger; OECD countries spent $372 billion in 2006 alone to support their agriculture
Jun 3rd, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Global Food Crisis Summit: UN Food and Agriculture Organization (FAO) Director-General Jacques Diouf today appealed to world leaders for $30 billion a year to re-launch agriculture and avert future threats of conflicts over food. He said that OECD countries* spent $372 billion in 2006 alone, to support their agriculture.