According to a new report released by the International Fund for Agriculture Development (IFAD), most of the world's chronic poverty and hunger is concentrated in rural areas, and especially among farmers.
Almost 3.1 billion people live in rural areas, which makes up about half of the world's population and includes 70 percent of those considered to be very poor the world over, reports FastCompany.com.
had a silver lining, however - approximately 350 million people have conquered poverty over the past decade. The gains were mainly concentrated in East Asia and especially China, who now has two-thirds less poor, as well as Latin America, which saw a 50 percent decline in poverty. The Middle East and North Africa also saw improved numbers.
According to the report, treating farmers primarily as business owners rather than "charity cases" is one way to ameliorate the insecurity, along with providing them with better access to jobs and better methods for dealing with climate change and sustainable agriculture techniques.
IFAD president Kanayo Nwanze said in the report that "if [smallholder agriculture] is productive, commercially oriented and well linked to modern markets, [it] can offer the developing world's rural people a route out of poverty as they become part of the solution to global food security challenges."
The world's population is expected to exceed 9 billion by 2050 and increase food insecurity if climate change continues to hinder food production, according to the FAO.