MCC’s partner countries recognize that global food security can be among the most pressing challenges to economic development and poverty reduction. With its partner countries in the lead, the MCC portfolio of investments has been on the forefront of addressing food security priorities since MCC’s first compact in 2005. MCC’s food security investments highlight the importance of strengthening agricultural and rural economies in poor countries and to promote reliable access to sufficient, safe and affordable food.
MCC places high emphasis on country ownership in its development model. MCC’s partner countries, informed by economic analysis and in consultation with civil society and the private sector, develop compact programs to address countries’ most significant barriers to economic growth and poverty reduction. When given the opportunity to set the priorities, almost all of the MCC countries prioritized food security related investments during a time when Global Official Development Assistance (ODA) to Agriculture was at a historic low.1 To date, MCC has obligated more than $4.4 billion to strengthen agricultural and rural economies in poor countries and to address the many sources of food insecurity.2