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Bayer Makes $160 Million Commitment to Fight Hunger
USAgNet - 05/26/2022

Joining like-minded companies in the private sector, Bayer has signed the Zero Hunger Private Sector Pledge with a 160 million U.S. dollar commitment dedicated to help end global hunger. The Pledge, in the context of the UN Food Systems Summit of 2021 and as a part of the Summit's Zero Hunger Coalition, recognizes the need for governments and the private sector to work together to end food scarcity.

Companies taking the pledge commit to investing money, resources and expertise in areas of concern within regions where they do business. Bayer's commitment will go toward communities in Asia, Africa and Latin America.

"At Bayer, where we work every day toward realizing our vision of Health for all, Hunger for none, it's agonizing to know that one in every 10 people worldwide goes to bed hungry," said Rodrigo Santos, Member of the Board of Bayer AG and President of the company's Crop Science Division who will outline Bayer's commitment during a panel discussion in the Sustainable Development Goals tent at The World Economic Forum in Davos.

"This crisis affects us all and needs the support of everyone to solve it. Our pledge further puts into practice Bayer's commitment to help end hunger through alignment of our investments and business operations to achieve this goal," said Santos.

As a global leader in agriculture dedicated to advancing sustainable farming for the benefit of growers, consumers, and the planet, Bayer drives its Zero Hunger Pledge commitments on multiple levels. This includes helping smallholder farmers access seeds which contain the latest technology, educating communities on sustainable agricultural practices, providing growers with farming solutions, and introducing smallholder farmers to new income-generating opportunities.

More than half of Bayer's investment to be in vegetable seeds and R&D to support smallholder farmers

Smallholder growers play a crucial role in eradicating hunger and high-quality seeds are essential to their ability to produce safe and nutritious food for their communities. Through its pledge, Bayer will invest over 100 million U.S. dollars of its overall commitment into research and development to get quality vegetable seeds into the hands of smallholder farmers.

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