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The long-term increase in the number of hungry is largely tied to reduced aid and private investments earmarked for agriculture since the mid-1980s, according to FAO.
Countries like Brazil, Nigeria and Vietnam that have invested in their small farmers and rural poor are bucking the hunger trend, FAO chief Diouf told the news conference.
They are among 31 countries that have reached or are on track to meet the goal set by world leaders nine years ago to cut the number of hungry people in half by 2015, he said.
"Eradicating hunger is no pipe dream," Diouf said. "The battle against hunger can be won."
FAO says global food output will have to increase by 70 percent to feed a projected population of 9.1 billion in 2050.
To achieve that, poor countries will need $44 billion in annual agricultural aid, compared with the current $7.9 billion, to increase access to irrigation systems, modern machinery, seeds and fertilizer as well as build roads and train farmers.
Agriculture investment from the private sector is also considered vital, and FAO is hosting a two-day forum in Milan starting Thursday with executives and business representatives to discuss how to coordinate such efforts.
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