Canada is First To Commit Funds To IFAD Facility Created To Help Avert Food Crisis

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Canada announced today that it will be the first country to pledge funds to a new facility set up by the UN’s International Fund for Agricultural Development (IFAD) to help prevent a food crisis in some of the world’s poorest and most marginalized rural communities in the wake of COVID-19.

The Rural Poor Stimulus Facility was launched in April by IFAD’s Goodwill Ambassadors, Idris and Sabrina Elba to support small-scale farmers and rural producers to grow and sell food at a time when restrictions in movement and trade threaten to turn the health crisis into a food crisis in high-risk countries.

“We would like to thank Canada for its commitment to the world’s most vulnerable people and for taking on this leading role to commit to the Facility,” said Gilbert F. Houngbo, President of IFAD.  “With this support, more rural farmers, particularly women, can have the timely access to the inputs, information, markets and liquidity they need to ensure that the COVID-19 pandemic does not escalate into a bigger humanitarian disaster.”

“We must act quickly to address the impact of COVID-19 on the most vulnerable communities, and Canada is responding to the severe food security needs brought on by the pandemic,” said Minister Karina Gould, Canada’s Minister of International Development. “Our investments will be helping to maintain food production and distribution, and protect the world’s poorest from the loss of their livelihoods and the serious health consequences of malnutrition.”

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Announced at today’s meeting of the Group of Friends on Food Security and Nutrition, Canada will commit CA$6 million to the Facility, on top of a $150 million highly concessional loan for climate-focused activities to the Fund earlier this year.

According to the Secretary-General’s Policy Brief on the impact of COVID-19 on food security and nutrition released yesterday, the emerging global recession could disrupt the functioning of food systems, with the risk of a global food emergency if immediate action isn’t taken. The vast majority of the world’s population rely on local markets for their sustenance, which is often highly susceptible to disruption.

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With their movements restricted in many places to contain further spread of the virus, many rural small-scale producers are unable to access markets to sell products or to buy inputs, such as seeds or fertilizer. Closures of major transport routes and export bans are also likely to affect food systems adversely. As entire production chains are disrupted and unemployment rises, the most vulnerable include daily labourers, small businesses and informal workers, who are very often women and young people.

The Facility is part of the UN’s broader socio-economic response framework and it will focus on ensuring rural producers have access to inputs, markets, financial services and digital information to mitigate the pandemic’s impact on food production and rural employment. IFAD has already committed US$40 million in seed money and aims to raise at least an additional $200 million from governments, foundations and the private sector.

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About 80 percent of the world’s poorest and most food-insecure people live in rural areas. Around 135 million people were recently categorised as facing acute food insecurity and malnutrition. It is estimated that this number could nearly double before the end of the year due to the impacts of COVID-19.

Canada is a founding member of IFAD and has committed more than US$463 million to the Fund, with a particular focus on women’s rights and climate adaptation to better support sustainable agricultural production and access to markets. In 2012, Canada was the first donor to IFAD’s Adaptation for Smallholder Agriculture Programme (ASAP) to channel climate finance to rural small-scale farmers. Canada recently partnered with IFAD in Mali to promote access to financial services in rural communities, particularly for women and young people.

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Canada is First To Commit Funds To IFAD Facility Created To Help Avert Food Crisis - Brand SpurCanada is First To Commit Funds To IFAD Facility Created To Help Avert Food Crisis - Brand Spur

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Canada is First To Commit Funds To IFAD Facility Created To Help Avert Food Crisis - Brand SpurCanada is First To Commit Funds To IFAD Facility Created To Help Avert Food Crisis - Brand Spur

Latest News

Next Meats, Purveyor of the World’s First Plant-based Yakiniku Meats, Is Now in Singapore

The Tokyo-based startup makes its debut in the alt-protein hotspot of Singapore

 

  • Next Meats has collaborated with Aburi-EN to deliver two new meal sets
  • Made with soybean proteins, the Kalbi contains no chemical additives or animal ingredients
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SINGAPORE - Media OutReach - 14 April 2021 - Next Meats, a purveyor of the world's first plant-based yakiniku meats, is making its debut in the alternative protein hotspot, Singapore! The Japanese alternative meat company has collaborated this time with popular Japanese restaurant Aburi-EN, which will offer two types of set meals using the NEXT Kalbi (boneless short rib) for the very first time. Made largely from soy proteins, the NEXT Kalbi contains double the amount of protein and half the fats than that of regular meat and even more, it does not contain any chemical additives or cholesterol due to its lack of animal ingredients. Now, Singaporeans can enjoy yakiniku without the guilt!


Canada is First To Commit Funds To IFAD Facility Created To Help Avert Food Crisis - Brand Spur

From left to right: Premium Kalbi Don Set and Stamina Teishouku Set

The two new menus available at Aburi-EN are the Kalbi Don Set (S$13.80) and the Stamina Teishoku (S$15.80) — which are available for a limited time only. Next Meats has specifically chosen to work with Aburi-EN as they are a Japanese grilled-meat specialist. The two menus are the culmination of many months of research and development, and they will also be Aburi-EN's first-ever plant-based dishes.


Canada is First To Commit Funds To IFAD Facility Created To Help Avert Food Crisis - Brand Spur

For the Kalbi Don Set, Next Meat's Kalbi is grilled and served atop a bowl of fragrant Japanese steamed rice. Equally indulgent, the Stamina Teishoku features the Kalbi stir-fried with cabbage along with egg imported from Okinawa. The meat is then served with fragrant Japanese steamed rice, salad, pickles and miso soup. For both dishes, the meats are glazed with a special homemade sauce that packs an irresistible umami punch.

Both the Kalbi Don Set and Stamina Teishoku will be available at all Aburi-EN stores from April to July 2021.

An advocate of sustainable food production and better food security

The NEXT Kalbi is one of Next Meats' innovative offerings, which includes other plant-based delicacies such as the NEXT burger and NEXT gyudon (beef bowl). The company champions the importance of saving the planet and humanity through reducing the emission of greenhouse gases (which is produced from meat consumption and animal agriculture) and utilizing biotechnology to combat protein deficiency.

Through extensive research and development, Next Meats has culminated the knowhow on using molecular binding to mould vegetable proteins from powder. Buoyed by state-of-the-art, proprietary technologies, the company has successfully created vegan substitutes that replicate the texture of real meat.

About Next Meats

Hailing from Tokyo, Next Meats is a food-tech venture company that specialises in the research and development of Japanese-style alternative meat products. Its journey of product development began in 2017, and the company was officially established in 2020. Its portfolio of products includes plant-based burger patties, gyudon and yakiniku meats.

Social Media for Next Meats

Facebook: /nextmeats.singapore

Instagram: @nextmeats_singapore

Hashtags: #nextmeats #nextmeats_sg #japaneseplantbased


About Aburi-EN

Aburi-EN is Singapore's leading Japanese Grill restaurant chain, best known for delicious high quality grilled donburi bowls. Signature dishes include the Premium Buta Don with grilled chestnut-fed pork, Wagyu Karubi Don, and the Wagyu Stamina Don, made using A4/A5 Miyazaki Wagyu, which has won Japan's "National Wagyu Award" for 3 consecutive years, among many others. The homemade sauces give the meats and dishes an extra umami-ness. Aburi-EN is also known for affordable highballs and Japanese sours, which pair perfectly with the Aburi dishes.

Social Media for Aburi-EN

Facebook: /aburiensg

Instagram: @aburien.sg

Hashtags: #aburiensg #aburiendonburi #aburienjapanesegrill

Outlets

- Isetan Scotts:

350 Orchard Rd, #01-K1 Shaw House, Singapore 238868

- Causeway Point

1 Woodlands Square, #02-09B Causeway Point, Singapore 738099

- Jem

50 Jurong Gateway Rd, #01-04 Jem, Singapore 608549

- Vivo City

1 Harbourfront Walk, #01-159/160 VivoCity, Singapore 098585

- Novena Square

238 Thomson Rd, #01-89/90, Singapore 307683

- Guoco Tower

1 Wallich St, #B2 - 09, Singapore 078884

- Orchard Central

181 Orchard Central, Central, #01-16 Orchard, 238896

- Suntec City

3 Temasek Blvd, #B1-121 Suntec City Mall, Singapore 038983

- Nex

23 Serangoon Central, #01-63/64/65 Nex, Singapore 556083

Operating Hours

11am – 10pm, Daily

Canada is First To Commit Funds To IFAD Facility Created To Help Avert Food Crisis - Brand Spur
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