Funding Processes for Strengthening Global Food Security: Challenges and Innovative Solutions
Journal Title: Oblik i finansi - Year 2025, Vol 1, Issue 1
Abstract
The issue of hunger persists globally: in 2023, over 710 million people suffered from hunger, and 2.33 billion people experienced some degree of food insecurity. It is projected that by 2030, the situation may worsen unless comprehensive measures are taken. This article aims to analyze the unique aspects of financing processes for food security amidst global demographic changes and specify challenges and innovative solutions to combat global hunger. To achieve this goal, authors applied various cognitive methods and techniques, including analysis and synthesis, comparative analysis, identification of causal relationships in developing processes and phenomena, and tabular and graphical methods. The study's results indicate that the primary sources of financing for activities to ensure food security and nutrition come from public and private financial resources directed at combating hunger and malnutrition. This process includes ensuring the availability of safe food, access to it, and its utilization, as well as promoting methods that shift the population's dietary preferences towards healthy eating. Achieving the Sustainable Development Goals, which aim to eliminate hunger and improve food security, will require a substantial increase in funding. However, currently, there is a lack of data on the amounts already allocated and the resources needed to address nutrition issues. Analysis shows that public spending on agriculture in low- and middle-income countries remains largely unchanged, with most expenditures focused on ensuring access to food rather than addressing the root causes of malnutrition. The article presents innovative financial tools recommended for countries based on their access to financial flows. Implementing new financial mechanisms for ensuring food security, such as concessional financing, grants, co-financing partnerships, and other resources, will enable increased investment to combat hunger and improve access to healthy nutrition.
Authors and Affiliations
Olena Shebanina & Anastasiia Poltorak & Dmytro Chorniy & Maksym Tkachenko
Keywords
Related Articles
- EP ID EP763373
- DOI 10.33146/2307-9878-2025-1(107)-103-111
- Views 11
- Downloads 0
Evolution of Approaches to the Interpretation of the Essence of Wages and Its Functions in Modern Economic Conditions
Socio-economic relations are one of the key elements of a market economy, since any production process requires the involvement of employees. In this case, the main element is wages as the source of income and a means of...
Організація і методика оцінювання резервів капіталу в бухгалтерському обліку
Процес резервування капіталу є важливим для підтримки економічного потенціалу підприємства, забезпечення фінансово-економічних умов провадження його діяльності у періоди невизначеності, а також збереження капіталу підпри...
Бухгалтерський облік в сільськогосподарських обслуговуючих кооперативах
Завдяки достатній сформованості нормативно-правового поля в Україні останнім часом розширились масштаби діяльності сільськогосподарських кооперативів, що сприяє соціальному розвитку села, створенню нових робочих місць, з...
Priority Approaches to Risk Assessment in the Activities of Entities of the Agricultural Sector
The development of spheres of the economy is significantly dependent on changes in the external environment. Increasing the production capacity of enterprises, expanding market opportunities, image positions are formed u...
Інтегральна оцінка ефективності процесу комерціалізації об'єктів інтелектуальної власності
Розвиток постіндустріального суспільства унеможливлює ігнорування ролі інтелектуальних ресурсів підприємства. Як наслідок, виникає необхідність розробки методики оцінки ефективності комерціалізації об’єктів інтелектуальн...