United Nations Food and Agriculture Organization (FAO)
Location: The FAO is headquartered in Rome, Italy, and maintains a global presence with numerous regional, sub-regional, and country offices to implement its agricultural and food security programs. In Mongolia, FAO collaborates closely with local stakeholders to support agriculture and enhance food security.
Financial Indicators
The FAO works with an estimated biennial budget of USD 2.6 billion. This funding comprises contributions from its member countries as well as voluntary contributions from other donors and partners. FAO's budget facilitates a wide range of projects targeting hunger eradication, improving nutrition, boosting agricultural productivity, and ensuring sustainable agriculture worldwide.
Important Company Events
A notable recent development is FAO's partnership in establishing a camel milk processing plant in Umnugobi aimag, Mongolia. This initiative is designed to support local herders by providing a dependable market for camel milk, thereby increasing their incomes and promoting the nutritional benefits of camel milk. This project is crucial for tackling food security and encouraging sustainable economic growth in the region.
Company Plans
The FAO's ongoing plans focus on enhancing food security, achieving sustainable agriculture, and boosting rural development. The organization aims to promote climate-smart agricultural techniques, advance agro-ecological strategies, and support innovative farming practices. In Mongolia, FAO plans to deepen its partnerships with local entities, emphasize strengthening value chains, augment market accessibility, and enhance the resilience of rural communities in the face of climate-related challenges.
Sources: FAO Official Site
Technical assistance for climate-smart farming practices will be provided by Canada and implemented by FAO, demonstrating its ongoing commitment to addressing global agricultural challenges.
Modified: 2025/02/02