StockNews.AI
AGCO
StockNews.AI
153 days

AGCO Agriculture Foundation Partners with FAO World Food Forum to Enhance Youth Knowledge and Skills for Sustainable Agrifood Systems

1. AGCO Agriculture Foundation partners with FAO to combat hunger. 2. A $300,000 grant supports youth skills in sustainable agrifood systems. 3. The initiative promotes youth engagement in agriculture for a sustainable future. 4. FAO and AGCO aim to equip youth for leadership roles in agrifood. 5. The program will enhance access to resources and knowledge for young farmers.

6m saved
Insight
Article

FAQ

Why Bullish?

This partnership enhances AGCO's reputation and aligns with global sustainability goals, which could attract investors. In similar past initiatives, AGCO's engagement in social responsibility positively affected market perception.

How important is it?

The initiative is relevant in improving agricultural systems, which supports AGCO's core business. Positive social impact could bolster AGCO's brand value, leading to potential investor interest.

Why Long Term?

Improving youth skills will strengthen future agricultural markets, benefiting AGCO's long-term business outlook. Increased youth engagement may lead to greater customer bases for AGCO's products in the long run.

Related Companies

DECNHPAG
, /PRNewswire/ -- AGCO Agriculture Foundation (the "Foundation"), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, announced a new partnership with the Food and Agriculture Organization of the United Nations (FAO).   AAF Partners with FAO World Food Forum The Foundation is providing a USD 300,000 grant to support the World Food Forum (WFF) Youth Skills Hub program to strengthen youth skills and capacity for sustainable agrifood systems in the Global South. The WFF, launched in 2021, is an independent network of partners hosted by the FAO and serves as the premier global platform to actively shape agrifood systems for a better food future, accelerating the achievement of the United Nations' Sustainable Development Goals (SDGs). Within this framework, the WFF Global Youth Action Initiative harnesses the engagement, empowerment and employment of young people to provide positive action toward the transformation of agrifood systems. "Attracting young people to agriculture is essential to create a future to sustainably feed the world," said Roger Batkin, Board Chair of the Foundation. "Through strategic partnerships and programs, our Foundation is helping a new generation of agricultural leaders be ready to tackle the challenges of agricultural and food systems. Our collaboration with the FAO World Food Forum affirms our commitment to building skills and capacity, cultivating knowledge and creating pathways for young people to meaningfully engage in agriculture." "Formal education programmes often fall behind in preparing young people for leadership roles in the various sectors of the agrifood system," said Kazuki Kitaoka, the FAO Director for the Office of Youth and Women. "We are excited to partner with the AGCO Agriculture Foundation in developing innovative approaches that offer knowledge and skills, equipping youth with the capacities they need to drive a positive transformation of our agrifood systems."To foster inclusive and participatory ways of supporting skills enhancement of younger people, the project will focus on creating an evidence base for demand-driven skills, increasing access to knowledge and resources and empowering young people to become knowledge brokers who can further share the lessons gained from the program within their farming and entrepreneurial communities.About AGCOAGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers value to farmers and OEM customers through its differentiated brand portfolio, including leading brands Fendt®, Massey Ferguson®, PTx and Valtra®. AGCO's full line of equipment, smart farming solutions and services helps farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $11.7 billion in 2024. For more information, visit www.agcocorp.com.About AGCO Agriculture FoundationFounded by AGCO Corporation (NYSE: AGCO) in 2018, the AGCO Agriculture Foundation is a private foundation with the vision to prevent and relieve hunger. The Foundation promotes impact programs that support food security, sustainable agricultural development and build the necessary agricultural infrastructure in marginalized farming communities. The Foundation is domiciled in Vaduz, Liechtenstein and its operations are managed from Stoneleigh, United Kingdom. For more information, visit www.agcofoundation.org/ SOURCE AGCO Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News