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Part 2: Expense Measures (Continued)

Foreign Affairs and Trade

Overseas development assistance — contribution to the Global Agriculture and Food Security Program

Expense ($m)
	2009‑10	2010‑11	2011‑12	2012‑13	2013‑14
AusAID	10.0	25.0	-	-	-

The Government will provide $50.0 million over two years towards the Global Agriculture and Food Security Program (GAFSP). The World Bank established the GAFSP in 2010 in response to a request from G20 leaders.

GAFSP provides grants to developing countries and regional organisations to assist in increasing agricultural growth and achieving lasting improvements in food security.

Of this measure $35.0 million will be offset from the provision for expanded aid funding held in the Contingency Reserve, with the remaining $15.0 million to be met from existing AusAID resources.

This measure is part of the Government's commitment to increase Australia's official development assistance over the long term.

This measure was originally reported in the Economic Statement 2010.

Overseas development assistance — contribution to the International Rice Research Institute

Expense ($m)
	2009‑10	2010‑11	2011‑12	2012‑13	2013‑14
AusAID	12.2	-	-	-	-

The Government provided $12.2 million in 2009‑10 to the International Rice Research Institute (IRRI) in the Philippines. The IRRI develops new rice varieties and rice crop management techniques to help farmers improve the yield and quality of their rice in an environmentally sustainable way. This measure will assist IRRI replace ageing infrastructure and technology.

This measure was fully offset from the provision for expanded aid funding held in the Contingency Reserve.

This measure is part of the Government's commitment to increase Australia's official development assistance over the long term.

This measure was originally reported in the Economic Statement 2010.

Overseas development assistance — contribution to the World Bank Palestinian Reform and Development Plan Trust Fund

Expense ($m)
	2009‑10	2010‑11	2011‑12	2012‑13	2013‑14
AusAID	10.0	-	-	-	-

The Government provided $10.0 million in 2009‑10 to the Palestinian Reform and Development Plan Trust Fund. The Palestinian Reform and Development Plan Trust Fund was established by the World Bank to provide financial support to the Palestinian Authority. Australia has been contributing to the trust fund since 2008.

This measure was fully offset from the provision for expanded aid funding held in the Contingency Reserve.

This measure is part of the Government's commitment to increase Australia's official development assistance over the long term.

This measure was originally reported in the Economic Statement 2010.

Overseas development assistance — fifth replenishment of the Global Environment Facility

Expense ($m)
	2009‑10	2010‑11	2011‑12	2012‑13	2013‑14
AusAID	-	-	-	-	-

The Government will provide a contribution of $105.0 million over 10 years to the fifth replenishment of the Global Environment Facility (GEF). Funding each year is set as a percentage of Australia's total contribution, as agreed with the GEF.

The GEF provides grants to developing countries for projects related to biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants.

This measure includes an additional $45.4 million over 10 years to be fully offset from the provision for expanded aid funding held in the Contingency Reserve, and was included as a 'decision taken but not yet announced in the 2010‑11 Budget'. The remaining $59.6 million will be met from within existing AusAID resources.

This measure is part of the Government's commitment to increase Australia's official development assistance over the long term.

This measure was originally reported in the Economic Statement 2010.

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