Statement delivered by Japan
IFAD Asset Request Portlet
Statement delivered by Japan
It is my honor to participate in the thirty-sixth Governing Council of IFAD.
Due to the serious drought that hit the Middle West of the U.S.A. and other extreme weather conditions last year, the prices of corn and soybean soared to new heights, which revealed the precarious balance of global food supply and demand. Food security was taken up in the international discussions including G8, G20 and Rio+20, and is increasingly recognized as an urgent challenge. In addition, in such fora as G8's New Alliance for Food Security and Nutrition, encouraging private sector investment is pointed out to be important to accelerate the promotion of food security.
Under such circumstances, I believe that expectations for IFAD from the international community will become higher as the organization to support smallholder farmers for agricultural development. In this connection, it is important that IFAD make active contribution to the discussions on global food security and enhance its presence in the international community. I recognize that IFAD has expanded its presence in recipient countries to listen to local residents, and Japan would like to support such activities which benefit smallholder farmers.
Investments need to be made in accordance with the Principles of Responsible Agricultural Investment (PRAI) and the Voluntary Guidelines on the Responsible Governance of Tenure of Land (VGGT), so that private sector investments will truly lead to agricultural development for farmers. In addition, the Committee on World Food Security (CFS) has commenced a consultation process to formulate the principles for responsible agricultural investments, upon which a broad range of stakeholders would agree. Active involvement of IFAD in applying existing principles and developing new initiatives are encouraged as it engaged in the process of developing PRAI.
Furthermore, Japan would like to contribute to the achievement of the Millennium Development Goals (MDGs) by strengthening cooperation with IFAD and implementing effective development assistance through multilateral-bilateral partnerships. Food security and nutrition continues to be taken up as a critical issue in the discussion on the post-2015 development agenda, and I believe that the role of the three Rome-based agencies will be even bigger in this context. I hope that IFAD plays a more active role toward the establishment of an effective new framework for food security and nutrition under the post-2015 development agenda, based on the principle of human security.
Finally, I would like to inform you that Japan will host the fifth Tokyo International Conference on African Development (TICAD V) from June 1 to 3 this year in Yokohama-city in Japan. In TICAD process, agricultural and rural development has been recognized as a main component of economic activities of Africa, and we have discussed development assistance that truly benefits farmers. To lead TICAD V to success, I would like to seek the cooperation of IFAD and the distinguished delegates of the Governing Council.