Food And Agriculture Organization - FAO

AAA

DEFINITION of 'Food And Agriculture Organization - FAO'

A United Nations agency that works on international efforts to defeat hunger by helping developing countries modernize and improve agriculture, forestry and fisheries practices. Serving both developed and developing countries, the Food and Agriculture Organization also aims to be a neutral forum where nations can negotiate agreements and debate policy.

INVESTOPEDIA EXPLAINS 'Food And Agriculture Organization - FAO'

The FAO was established in 1945 and is composed of eight departments: administration and finance; agriculture and consumer protection; economic and social development; fisheries and aquaculture; forestry; knowledge and communication; natural resource management; and technical cooperation.


Rather than providing food to countries suffering from famine, the FAO strives to set up sustainable food sources in those countries. For example, after the 2010 earthquake in Haiti left the country in shambles, the FAO quickly launched a series of initiatives designed to keep domestic food production and farm incomes up. Among these was the Haiti Food Security Emergency Tool, which aggregated data on usable roads, crop calendars, land use, livelihood zones and damage information to help improve food production and distribution in the ravaged country.

RELATED TERMS
  1. Group Of Twenty - G-20

    A group of finance ministers and central bank governors from ...
  2. World Trade Organization - WTO

    An international organization dealing with the global rules of ...
  3. Qualified Charitable Organization

    A nonprofit organization that qualifies for tax-exempt status ...
  4. World Fund

    A mutual fund that invests in securities from several different ...
  5. Nonprofit Organization

    A business entity that is granted tax-exempt status by the Internal ...
  6. Crop-Hail Insurance

    A type of insurance that insures against crop damage caused by ...
RELATED FAQS
  1. What percentage of the global economy is comprised of the forest products sector?

    The forest products sector is comprised of companies that plant, grow, harvest, and process wood and wood-related products ... Read Full Answer >>
  2. What does 'Incoterms' mean in relation to Ex Works (EXW) trades?

    Ex works is part of the published Incoterms and outlines the obligations of transportation to buyers and sellers. The International ... Read Full Answer >>
  3. What are the differences between Ex Works (EXW) and Free On Board (FOB)?

    Ex Works (EXW) and Free on Board (FOB) are Incoterms used to describe situations where sellers deliver goods. Ex Works describes ... Read Full Answer >>
  4. What is the point of agricultural subsidies?

    Every five years, new legislation is introduced and passed through the U.S. Congress to subsidize farmers and agricultural ... Read Full Answer >>
  5. How are international investment banking practices regulated?

    The first step in creating international investment banking regulations occurred in 1930, when the Bank for International ... Read Full Answer >>
  6. What is the difference between comparative advantage and absolute advantage?

    Absolute and comparative advantage are two important concepts in international trade that largely influence how and why nations ... Read Full Answer >>
Related Articles
  1. Home & Auto

    5 Investment Risks Created By Global Warming

    Climate-change deniers and believers alike would be wise to prepare for the worst.
  2. Fundamental Analysis

    Evaluating Pharmaceutical Companies

    Learn how to find a healthy pharmaceutical investment in a market full of weak drugs.
  3. Budgeting

    22 Ways To Fight Rising Food Prices

    As food costs rise it can be difficult to stay on budget. Here are some handy tips to spend less at the till.
  4. Investing News

    A New Corporate Governance Initiative In Japan

    Expectations are low that Japan can create a corporate governance climate that meets global standards, but a new initiative is aimed at doing just that.
  5. Economics

    Can The U.S Close Its Trade Deficit?

    The stronger dollar could have increased the U.S. trade deficit. Instead, economic growth issues abroad and falling oil prices have helped shrink it.
  6. Chart Advisor

    Is Now the Time to Invest in North America?

    Bullish chart patterns across the North American markets suggest that now might actually be a wise time to allocate closer to home.
  7. Investing

    How To Trade Foreign Stocks

    We weigh the major ways to trade foreign stocks for investors.
  8. Economics

    The 3 Most Dangerous Terrorist Organizations

    A brief look at the Islamic State, Al Qaeda and Boko Haram. What are they? What do they want? Where did they come from?
  9. Economics

    Asian LNG Prices: Not Likely To Rise Anytime Soon

    Asian LNG prices could stay low for an extended period of time, due to low oil prices, less demand and new LNG-producing projects on various continents.
  10. Investing Basics

    Here's How To Tap International Markets

    Access to foreign markets has grown a lot in recent years, allowing US market players to trade these bourses in real-time.

You May Also Like

Hot Definitions
  1. Adverse Selection

    1. The tendency of those in dangerous jobs or high risk lifestyles to get life insurance. 2. A situation where sellers have ...
  2. Wash Trading

    The process of buying shares of a company through one broker while selling shares through a different broker. Wash trading ...
  3. Fixed-Income Arbitrage

    An investment strategy that attempts to profit from arbitrage opportunities in interest rate securities. When using a fixed-income ...
  4. Venture-Capital-Backed IPO

    The selling to the public of shares in a company that has previously been funded primarily by private investors. The alternative ...
  5. Merger Arbitrage

    A hedge fund strategy in which the stocks of two merging companies are simultaneously bought and sold to create a riskless ...
  6. Market Failure

    An economic term that encompasses a situation where, in any given market, the quantity of a product demanded by consumers ...
Trading Center