US announces US$331 million in assistance for Latin America, Caribbean targeting food security

During the US-hosted Summit of the Americas, the head of the United States Agency for International Development (USAID) announced that the agency would provide US$331 million in funding for Latin America and the Caribbean. The bulk of the money will go toward food security to address the regional crisis in the Americas but also to help address the global shortage by investing in farmers and agricultural communities. 

Although some of the funding will be used to address humanitarian needs, most of the funding will be aimed at food needs. That includes US$131 million to address longer-term security and resilience by helping smallholder farmers increase both their yields and incomes while also helping them with higher costs, such as fertilizer and climate change. 

News report - Devex