SPAIN - FOCUS ON AGRICULTURE
At US$860 million (€618 million) in 2010, Spain was the 2nd largest European government donor to agriculture (incl. forestry, fishing and rural development). While 84% (US$725 million or €521 million) was reported as bilateral ODA, multilateral ODA accounted for 16% (US$135 million or €97 million). Funding more than tripled in absolute terms since 2006, and also increased in relative terms (from 5% of total ODA in 2008 to 12.8% in 2010). However, the sharp increase in 2010 was due to a one-off equity investment of US$378 million (€285.5 million) in the Spanish Food Security Cofinancing Facility Trust Fund managed by IFAD (and reported as bilateral ODA). According to government estimates, total ODA to agriculture, forestry, and fishing (data on rural development not available) sharply decreased to US$151 million (€118 million) in 2012.
At the High-Level Meeting on Food Security for All in Madrid in January 2009, Spain pledged €1 billion (US$1.4 billion) to the fight against hunger and malnutrition over a five-year period. This was complemented by an additional US$696 million (€500 million) for child nutrition and agricultural programs for 2009—2011, pledged to the L’Aquila Food Security Initiative at the G8 summit in June 2009. According to the 2012 Camp David Accountability Report, Spain disbursed US$532 million (€414 million) of the L'Aquila pledge between 2009 and 2010.
More information on: Bilateral and multilateral funding for agriculture
More information on: Strategic frameworks and current portfolio
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