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Pact invests US $109 million to secure critical genetic material, maintain global food production
Date:1/31/2013

109 million over the next five years to fund crop preservation and collection work at the CGIAR genebanks and ensure their crop samples are still widely shared. During that time, the CGIAR Consortium and the Trust will work with donors to secure a more permanent endowment to fund the genebanks in perpetuity.

"Given all of the turbulent issues surrounding agriculture and food today, from high commodity prices to threats from weather extremes, I think the international community is waking up to the enormous value of preserving crop diversity," said Margaret Catley-Carlson, outgoing chair of the Trust's executive board and former president of the Canadian International Development Agency (CIDA). "We want to put the seed banks on a more firm financial footing to make sure they remain prepared to respond to any new challenges, expected or unexpected, that could threaten agriculture production anywhere in the world."

"We see opportunities with this new program to knit together a global community committed to crop biodiversity that extends beyond CGIAR genebanks and allows funds to be invested more wisely," said Charlotte Lusty, a scientist with the Trust who is working on the partnership with the CGIAR genebanks. "There's a lot of expertise out there in Europe, the US, India, Brazil and China and we can reach out and build new partnerships that will ensure we are not duplicating efforts."


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Contact: Michelle Geis
mgeis@burnesscommunications.com
301-280-5712

Contact: Susan Tonassi
301-280-5711
stonassi@burnesscommunications.com


Source:Eurekalert


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