New Food Security Foundation: Leveraging Private Investment for Global Agriculture.
This Act establishes the independent Foundation for International Food Security, designed to attract private sector investment to combat hunger and malnutrition in developing nations. The Foundation will fund agricultural projects, infrastructure, and technology deployment to boost productivity and build resilient food systems globally. Taxpayer funds (up to $100 million annually) are authorized only if matched by non-governmental sources, ensuring efficient leverage of public money.
Key points
Creates a new, independent US agency (the Foundation) dedicated to channeling investments into agriculture and food security in less developed countries.
Public funding (up to $100 million annually) is contingent upon securing matching funds from the private sector or philanthropy, maximizing the impact of taxpayer dollars.
The Foundation will support projects focused on increasing agricultural productivity, building storage infrastructure, and deploying technology to reduce food loss.
Support is strictly prohibited for governments that sponsor terrorism or engage in gross violations of human rights.
Expired
Citizen Poll