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>CA proposes funds for food, energy at D8 meet

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>CHIEF Adviser (CA) Fakhruddin Ahmed mooted a five-point recommendation for effective cooperation among the D8 member-states in energy, food, trade, climate change and migration at the sixth summit of the forum here yesterday. (Read full report)
The head of the caretaker government proposed to establish financing mechanisms to ensure a steady supply of affordable energy and focus on renewable energy as he said energy security is a must to realise the development potential the member-nations hold.
On global food crisis, the CA called for creating a D8 food fund to enhance collective food security. He noted that an unprecedented price hike of food grains is disproportionately affecting the poor in many countries.
“We need to develop mechanisms, not only to address short-term supply-side shocks but also strengthen cooperation to increase agriculture productivity. This is a must to prevent hunger and malnutrition,” he told the summit meet at Hotel Hilton, mentioning that it is a key priority of the UN-designated Millennium Development Goals.


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