The fiscal year for the World Bank Group runs from July 1 of a given calendar year to June 30 of the following calendar year.
Investment in agriculture and rural development to boost food production and nutrition is a priority for the World Bank Group, which works through several partnerships to improve food security—from encouraging climate-smart farming techniques and restoring degraded farmland to breeding more resilient and nutritious crops to improving storage and supply chains for less food loss.
The World Bank has engaged in policy dialogue with more than 40 countries, at their request, to assist them in addressing the food crises of2008 and 2010 and the "new normal" of high and volatile food prices. Instruments include rapid country diagnostics, high-level dialogue, public communications, and in-depth analytical work. In the Middle East and North Africa, the World Bank, in collaboration with the Food and Agriculture Organization and the International Fund for Agricultural Development, released a paper titled "Improving Food Security in Arab Countries." Further analytical work was undertaken in response to food price volatility and subsequently summarized in the Economic and Sector Work report "Responding to Higher and More Volatile World Food Prices."
The World Bank is also improving global collaboration in the generation and sharing of knowledge between agriculture, food security, and nutrition sectors through the Secure Nutrition knowledge platform. As a part of the Scaling Up Nutrition movement, 100 partners—including the World Bank-have endorsed the Scaling Up Nutrition Framework for Action to address undernutrition.