Germany to contribute up to US$1 billion additionally for global food security in 2022

On September 3, 2022, the German government earmarked up to €1.0 billion (US$1.0 billion) for global food security in response to rising global energy prices and disruptions in food supply caused by the Russian invasion of Ukraine.

This development was part of an agreement on a third financial relief package with an overall volume of €65.0 billion (US$68.7 billion), mostly dedicated to domestic issues.

The additional €1.0 billion (US$1.0 billion) must be spent in 2022 and will be funded through surpluses in the 2022 federal budget. Therefore, the exact amount of the contributions cannot be specified at this point.

Report – German Federal Government (in German)