International Development Law Organization

Dominican Republic

The Dominican Republic emerged from the global recession with a high rate of economic growth and is now one of the countries with the strongest economic standing in the Latin America region. The agriculture sector accounts for 11% of the Dominican Republic's GDP and 15% of employment, second only to tourism. While there have been considerable steps taken towards reducing poverty, food insecurity and income inequality in recent years, agriculture remains vulnerable to natural disasters.

It is critical to have strong legal frameworks that sustain and strengthen the country’s economic growth and prosperity.

Photo: Flickr - Tomas Gonzalez

Responsible investment in agriculture and food systems

In 2016, the United Nations Food and Agriculture Organization (FAO) launched a needs-driven Umbrella Programme to enhance responsible investment in agriculture and food systems with a view to addressing the global challenges of food security and hunger, particularly in low income countries. The work includes support for the application of guidance instruments such as the Principles for Responsible Investment in Agriculture and Food Systems (CFS-RAI), endorsed by the Committee on World Food Security in 2014.

Workshop: Investing responsibly in agriculture and food systems

The agricultural sector in low income countries has suffered from serious underinvestment for decades, with considerable consequences for long-term food security. The investment needed to eradicate hunger by 2030 has been estimated at US$1.5 billion annual additional investments per year, of which US$276 million is required for rural development and agriculture.

Key Initiatives

  • In 2016, the United Nations Food and Agriculture Organization (FAO) launched a needs-driven Umbrella Programme to enhance responsible investment in agriculture and food systems with a view to addressing the global challenges of food security and hunger, particularly in low income countries. The work includes support for the application of guidance instruments such as the Principles for Responsible Investment in Agriculture and Food Systems (CFS-RAI), endorsed by the Committee on World Food Security in 2014.

  • The agricultural sector in low income countries has suffered from serious underinvestment for decades, with considerable consequences for long-term food security. The investment needed to eradicate hunger by 2030 has been estimated at US$1.5 billion annual additional investments per year, of which US$276 million is required for rural development and agriculture.

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