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DuPont steps up food security efforts

Source:DuPont Release Date:2012-06-01 298
Food & Beverage
New investments in Ethiopia and innovative Global Food Security Index unveiled

WASHINGTON -- DuPont chair and CEO Ellen Kullman announced two key efforts to support collaborative, world hunger initiatives.  First, DuPont will invest more than $3 million over the next three years to help smallholder farmers in Ethiopia to achieve food security.

Second, DuPont is sponsoring an innovative Global Food Security Index being developed by the Economist Intelligence Unit (EIU) to measure the drivers of food security across 105 countries.  The index will be published this summer and will be a unique resource for those working to improve food security across the private and public sectors.  This interactive benchmark tool will be publicly available so governments, universities, NGOs and others can access the relevant data to help tailor local solutions regarding food security.

Ms Kullman made both announcements at the Advancing Food and Nutrition Security at the 2012 G8 Summit, hosted by The Chicago Council on Global Affairs in collaboration with the World Economic Forum.

Building on commitment to Africa
DuPont intends to forge a strategic alliance with the government of Ethiopia and the Agriculture Transformation Agency to directly benefit the productivity of smallholder farmers in the nation, thereby improving their ability to produce nutritious food for their families and communities.

"Based on our work with smallholder farmers and African families, we understand that local solutions, local acceptance and community collaborations are critical to improving food security in Africa and around the world," Ms Kullman said.  "DuPont will commit additional local resources, including recruiting local talent to run our research and operations in Sub-Saharan countries like Ethiopia, Kenya and South Africa, and ensure the solutions we develop are economically, socially and environmentally sustainable."

DuPont has operations in 35 countries in Sub-Saharan Africa and employs more than 500 people on the continent through its businesses.  Kullman said the commitment to grow DuPont’s presence on the continent will result in investment to grow these businesses in Africa to more than $1 billion in revenue in the next decade.

DuPont’s commitment to grow its business in Africa and explore collaborations in the region is in support of Grow Africa and the G8’s New Alliance for Food Security and Nutrition.

Supporting local solutions in Ethiopia

Kullman also highlighted a specific emphasis in Ethiopia in DuPont’s collaboration and expansion efforts:
- Invest $1 million over three years for the pilot project between DuPont and the Earth Institute of Columbia University to create a rapid soil informanike

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