A desperate and largely unknown humanitarian crisis is deteriorating in the Lake Chad Basin region of West Africa, forcing millions of people to flee their homes and leaving millions more in need of humanitarian assistance. Oxfam is providing life-saving support but help is urgently needed to prevent the crisis turning into a catastrophe.
Agriculture is highly sensitive to climate variability and weather extremes.
Various impact studies have considered the effects of projected long-run trends in temperature, precipitation and CO2 concentrations caused by climate change on global food production and prices. But an area that remains under-explored is the food price impacts that may result from an expected increase in the frequency and intensity of extreme weather events.
This study uses a global dynamic multi-region computable general equilibrium (CGE) model to explore the potential food price impacts of a number of extreme weather event scenarios in 2030 for each of the main exporting regions for rice, maize and wheat.
Related report: Exploring Food Price Scenarios Towards 2030 With a Global Multi-Region Model (2011)
Issues: Food price spikes