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The World Bank announced actions it plans to take as part of a comprehensive, global response to the ongoing food security crisis, with up to $30 billion in existing and new projects in areas such as agriculture, nutrition, social protection, water and irrigation. This financing will include efforts to encourage food and fertilizer production, enhance food systems, facilitate greater trade, and support vulnerable households and producers.

The number of people facing acute food insecurity and requiring urgent life-saving food assistance and livelihood support continues to grow at an alarming rate. This makes it more urgent than ever to tackle the root causes of food crises rather than just responding after they occur. This is a key takeaway from an annual report launched by the Global Network Against Food Crises (GNAFC) - an international alliance of the United Nations, the European Union, governmental and non-governmental agencies working to tackle food crises together.