G-20 Cannes Summit - Agriculture commitments

Countries: 
Event/initiative: 
Date of commitment: 
November 2011

Commitment

Through the Action Plan on Food Price Volatility and Agriculture, G-20 members commit to:

  • Further invest in agriculture, in particular in poorest countries
  • Develop appropriate risk management instruments and humanitarian emergency tools to mitigate adverse effects of price volatility, in particular in low-income countries and for the most vulnerable
  • Improve market information and transparency to make international agricultural commodities markets more effective
  • Remove food export restrictions or extraordinary taxes for food purchased for non-commercial humanitarian purposes by the World Food Program
  • Support the implementation of the L'Aquilla Food Security Initiative and other initiatives

Target

No numerical targets were set.

Progress

N/A

Gap

N/A

Additionality

It is not clear how these commitments relate to other commitment to food security, including the L'Aquilla Food Security Initiative.

The Final Communique is available here.