DuPont Sponsors EIU Food Security Index

The United Nations reports we are living in a world that produces enough food for everyone on this planet, yet food security remains one of the world’s biggest unsolved issues. This global challenge is complex and will require the commitment, collaboration and intelligence from many different stakeholders. Now, more than ever, it has become abundantly clear how interconnected and vulnerable the world’s food system is. We need a way to measure the link between food economics and food security.

On May 18, at the Chicago Council’s Annual Symposium on Global Agriculture and Food Security in Washington, D.C., DuPont CEO Ellen Kullman announced sponsorship of an innovative Global Food Security Index being developed by the Economist Intelligence Unit (EIU). This unique tool will help us evaluate the many facets of food security and pinpoint specific vulnerabilities around the world. The index will look at metrics related to the affordability, accessibility, availability, nutritional value and safety of food in 105 countries.

To put an end to hunger, it’s clear we must all work together. The EIU’s comprehensive and dynamic index is a resource that will provide a common language for academic, private and public sector entities to make informed decisions about food security. I look forward to sharing more information about the Food Security Index when it launches on July 10.

– Jim Borel, Executive Vice President, DuPont

Op-Ed: A new way of doing business on food security

This Op-Ed, co-authored by Jakaya Mrisho Kikwete, President of Tanzania; Ellen Kullman, CEO of DuPont; and Dr. Rajiv Shah, Administrator of USAID, was originally published on May 18, 2012 in TheHill.

Today, Sub-Saharan Africa is one of the fastest growing regions in the world, home to seven of the world’s fastest-growing economies. In fact, just this week, the International Monetary Fund’s Regional Economic Outlook for Sub-Saharan Africa projected Sub-Saharan Africa’s growth to remain above 5 percent — faster than many newly industrialized Asian economies.

The major force behind this dramatic growth has been significant increases in private sector investment and trade in the region. Foreign direct investment flows to the continent now hover around $80 billion and trade has tripled over the last decade. But this private sector boom has largely missed Africa’s agricultural economy, favoring investments in resources like oil, gas and minerals.

As a result of decades of underinvestment, today Africa is the only continent that does not produce enough to feed its own citizens. Last year’s food crisis and famine in the Horn of Africa serve as a stark reminder that chronic hunger and malnutrition remain a persistent problem on the continent.

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DuPont joins leaders in talking about #FoodSecurity in Africa @ #GlobalAg Symposium