Tagged: food prices
The World Bank and IMF must step up their support for developing countries who are struggling with spiking food prices along with the fallout from Europe’s fiscal crisis, Oxfam said ahead of the annual meeting of the institutions in Tokyo this week.
Land used to power European cars with biofuels for one year could produce enough wheat and maize to feed 127 million people. With the world’s poorest at greater risk of hunger as a result of spiraling food prices, the EU must rethink its dangerous love affair with biofuels.
New research shows that the full impact of climate change on future food prices is being underestimated.
Europe’s crisis must be fixed because it is becoming a serious drain on developing countries already reeling from volatile food prices and aid cuts. But it’s not good enough for the G20 to fixate on Europe and forget about the rest of the world.