The Community will finance measures aimed at supporting a rapid and direct response to the volatile food prices in developing countries, addressing primarily the period between emergency aid and medium- to long-term development cooperation.

The measures financed under this facility will benefit developing countries, as defined by the Organisation for Economic Cooperation and Development’s Development Assistance Committee
(OECD/DAC), and their populations, in accordance with the following provisions.

The primary objectives of the assistance and cooperation under this Regulation will be to:

• Encourage a positive supply response from the agriculturalsector in target countries and regions.
• Support activities to respond rapidly and directly to mitigate the negative effects of volatile food prices on local populations in line with global food security objectives, including UN standards for nutritional requirements.
• Strengthen the productive capacities and the governance of the agricultural sector to enhance the sustainability of interventions.

• Measures to improve access to agricultural services and inputs, including fertilizers and seeds.
• Measures such as "safety net" designed to preserve or improve agricultural production capacity and meet the needs for staple foods of the most vulnerable populations.
• Other measures to increase production depending on the needs of the micro-credit, investment, equipment, infrastructure and storage as well as vocational training and support to groups in the agricultural sector.

The Community provisional funding available for the programme is:

• 1.000,00 Million EUR (Global Budget)