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National & World Ag News Headlines |
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Cargill Grants $10 Million to World Food Program USDA
USAgNet - 08/16/2022
Cargill has made a $10 million grant to World Food Program USA in support of the United Nations World Food Program's response to the global hunger crisis, escalated by the collateral impact of the Ukrainian war. This grant, the largest donation ever made
by Cargill to World Food Program USA, comes at a moment of unprecedented need as 345 million people face severe hunger and 50 million teeter on the brink of famine around the world. The grant will support the U.N. emergency food assistance and
resilience building initiatives, reaching millions of people in Ukraine and in hunger hot spots around the world.
"We thank Cargill for their transformational grant, which will help provide people in communities across the globe with lifesaving food and greater stability for the future," said Barron Segar, World Food Program USA President and CEO. "For more than 20
years, Cargill has been a steadfast partner that we can always count on, supporting school meals, small-scale farmers and disaster relief operations. Their support is a testament to the power of the private sector working together with us to address the root
causes of hunger, while building resiliency."
Disbursed in phases, the first half of Cargill's grant will focus on emergency operations, providing food and cash-based assistance to conflict-affected people in Ukraine as well as other countries facing escalating hunger due to the impact of the war in Ukraine.
The second half of the grant will focus on bolstering food systems and targeting the root causes of hunger in global hotspots impacted by the disruption of Ukraine's exports.
The Ukraine crisis has triggered global price spikes in food, fuel and fertilizers that threaten to push countries around the world into famine. The result will be global destabilization, starvation and mass migration on an unprecedented scale. Together with World
Food Program USA, the U.N. World Food Program is sounding the alarm, engaging private sector partners, and working to ensure action is taken to avert this looming catastrophe.
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