THE UNITED NATIONS WORLD FOOD
$20,000,000.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Canada
- Fiscal year
- 2010-2011
- Agreement period
- September 9, 2010 – December 31, 2013
- Project status
- Closed
- Reference
- CA-3-M013343001
Published purpose
The Forward Purchase Facility (FPF) is an innovative pilot program of the World Food Programme (WFP) that allows WFP to make advance purchases of cereals and other food items at favourable prices to provide for future food aid emergency needs. By purchasing in advance of these emergency needs when food prices are favourable, this makes the WFP able to reduce delivery times and achieve greater cost efficiencies. The FPF also supports the piloting of alternative procurement approaches, which further strengthen WFP’s ability to purchase commodities at advantageous prices, and provide capacity support within WFP's procurement and financial management functions.
In plain English AI-generated
This contribution funds the World Food Programme's Forward Purchase Facility, which buys cereals and other food in advance at favorable prices to speed up emergency food aid delivery and improve procurement efficiency.
Category: Foreign Aid Development Primarily funds activity outside Canada
Based on the published description. See how AI categorization works — the linked official record is authoritative.
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