Previous Page  18 / 169 Next Page
Information
Show Menu
Previous Page 18 / 169 Next Page
Page Background

Increasing the Resilience of the Food Systems

In Islamic States in Face of Future Food Crises

7

Figure 4: OIC Food Security Development Roadmap

Source: DinarStandard Analysis

The first step in establishing sustainable systems across the OIC is gathering detailed

information, at a country-level, of where the gaps exist in the food system relative to global

benchmarks. Then, it is possible to develop consistent measurements, against which the OIC can

continuously track the ongoing risks of food crises. Country-level gap assessments could be led

by the majority of OIC countries, but supported by the OIC, which may lead to a food security

“rating” that is continually updated. Consistent, comparable KPIs are recommended for

monitoring food system stability, led at the OIC-level, with cross-OIC efforts to developing early

warning systems.

A critical second recommendation would be the development of national commitments by

lagging (“B2” and “A2” countries) to enhance food system stabilitymade within the framework

provided by COMCEC and supplemented by detailed national strategies to accomplish

commitmentsmadewithin a reasonable timeframe. Food system strategies might elaborate on

and develop an implementation roadmap for national commitments made, with a robust

commitment to long-term talent development in food and agriculture.

The third recommendation involves the dedication of more funds to supporting food system

stability. While the Islamic Development Bank has played an important role in providing vital

funding for food and agriculture projects across the OIC, the OICwould benefit from an increase

in funds allocated to at least $1 billion a year, with a clear segmentation of how those funds will

be used, and a separate project management arm, to ensure funds are distributed for the best

causes. OIC Sovereign Wealth Funds will play a particularly important role in supporting food

security and can have a substantial impact, most notably the top 20 sovereignwealth funds, with