Essential food supplier
Rural areas are a key feature of the world economy and thus need the attention of the world community. There are many good reasons to pursue projects in this area as centralised development policy objectives can only be achieved with sustainable rural development. Thirty years from now, the world economy will need to produce roughly double the amount of food it consumes today – or we will not be able to feed the nine billion or more people living on earth. Rural initiatives are also the only way to protect and sustain natural resources such as soil and water, as well as biological diversity. Furthermore, the poorest of the poor in our partner countries continue to live in rural areas, despite increasing urbanisation. Reducing poverty, guaranteeing food supplies, protecting the environment and the climate are therefore key challenges for KfW Development Bank to tackle when financing projects in rural areas.