Food and Agriculture Organization of the United Nations (FAO)
Location
The headquarters of the FAO is located in Rome, Italy. From this strategic location, the organization coordinates its global initiatives and collaborates with member countries to implement programs aimed at enhancing food security and agricultural sustainability.
Financial Indicators
As an international organization, FAO's financial resources are sourced from contributions made by its member countries. These funds are strategically allocated to various programs focused on improving global food security and promoting sustainable agricultural practices. Unlike traditional businesses, FAO does not operate on a profit-driven model, and thus standard financial indicators such as revenue and profit margins are not applicable.
Important Events
One of the pivotal events for FAO is its projection concerning Belarus's dairy export potential. The organization forecasts that Belarus is set to increase its exports of butter and cheese by 2025, despite a general decline in global exports within these categories. This projection highlights Belarus's emerging significance in the global dairy market. Additionally, FAO has reported that the global butter price index has reached an unprecedented historical high.
Company Plans
FAO is committed to continuing its role in providing essential research and forecasts that empower countries to make informed decisions regarding agricultural production and trade. The organization remains focused on advocating for sustainable agricultural practices and enhancing global food security. FAO is collaborating with the Organisation for Economic Co-operation and Development (OECD) on a joint report that anticipates a steady increase in global demand for meat, dairy products, and fish over the next decade.