Small farmers in developing countries have not benefited from higher food prices, thanks in part to flawed trade and agricultural policies that have made them vulnerable and weakened their positions in markets, said international agency Oxfam in a new report released today, World Food Day.
The number of Ethiopians needing emergency assistance has jumped by 40 percent from 4.6 million to 6.4 million people since June, according to latest official figures from the United Nations and the Ethiopian government.
EU member states must follow the Parliament’s lead and oppose the European Commission’s proposal to boost the use of biofuels in transport fuels to 10% by 2020, as part of the EU’s Renewable Energy Directive.
The World Bank and the IMF must cushion developing countries from the financial crisis that is threatening to hit them hard, while also tackling the challenges of food and fuel price increases, said international agency Oxfam today.
As world leaders meet in New York at a special Summit on poverty, aid agency Oxfam slammed the lack of urgency by the international community in tackling the ongoing food crisis now affecting close to one billion people.
Ahead of a crucial meeting in New York next week to assess the state of the world’s fight against global poverty, international agency Oxfam called on world leaders to redouble their efforts to fight the impact of rising food and fuel prices.
Oxfam welcomed today’s vote by the Committee on Industry, Research and Energy (ITRE committee) to reduce the EU’s ambitious targets for biofuels in transport fuel but would have liked it to go further by dropping biofuels from the renewable energy directive altogether.