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G7 to commit $2.5bn for food-insecure countries

G7 countries pledged to allocate $2.5 billion to address food insecurity in vulnerable nations, French economy minister Roland Lescure said on Thursday. Speaking in Bangkok on the sidelines of the annual meetings of the IMF and the World Bank, Lescure said the World Bank had identified 44 countries that may face food security issues in […]

The G7 nations have agreed to contribute a total of $2.5 billion to alleviate food insecurity in vulnerable countries, according to French Economy Minister Roland Lescure. During a press conference in Bangkok, Lescure informed reporters that the World Bank has identified 44 countries that may face food security challenges due to the surge in global energy prices.

He emphasized that the G7 has shown particular concern for the most vulnerable nations, stating, "So altogether, we’ve pledged $2.5 billion in order to help with food security, especially on a very important subject, which is fertilizers." The recent conflict in the Middle East, sparked by the US attack on Iran, has further exacerbated the situation by disrupting global energy prices and impacting fertilizer supply, consequently driving up food prices worldwide.

Lescure also mentioned that G7 ministers are closely monitoring Russia's invasion of Ukraine, expressing their commitment to supporting Ukraine. To date, the G7 members have raised 260 million euros ($291 million) to assist in repairing a dome at the Chornobyl disaster site, which was damaged during Russian attacks in February 2025.

France, currently leading the G7, had initially estimated that the repair costs would amount to 500 million euros and sought contributions from its fellow industrial democracies. Following the announcement, the United States pledged an additional $100 million towards the repairs. Lescure revealed that there is still a need for a few more million euros, and a pledging conference is scheduled to take place in Paris in November to raise additional funds.

Written by urgent.news from Daily Trust's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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