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New report: CGIAR's Transformative Crop Technologies Drive $1.3 Trillion Impact

The cumulative impact of CGIAR-related crop technologies reached US$1,334 billion from 1961 to 2020, according to a new peer-reviewed report.

Virtually all households in target countries have benefitted from productivity improvements which have increased access to food, and in turn led to decreases in undernutrition and child stunting, says the report.

The new study notes that while farmers may face lower prices for their products, those who have successfully adopted new technology have also achieved lower unit production costs and still earn net income gains. Nevertheless, farmers who were unable or unwilling to adopt the new technologies, may face a loss of net income it says.

The findings, published in the esteemed journal World Development, indicate an annual equivalent of US$47 billion in economic welfare gains.

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