![]() ![]() The Global Alliance for Food Security has launched a new module on its Global Food and Nutrition Security Dashboard that tracks Food Security Crisis Preparedness Plan (FSCPP) progress and mobilizes early action when crises are detected. Climate change is exacerbating the situation. ![]() Despite that, estimated losses over the past 31 years could have met the daily dietary requirements of 400 million to 500 million people. Within the context of natural disasters, the two factors that caused the most damage to agriculture were varying levels of water supply and extreme temperatures. Lack of data prevented comprehensive analysis of damage to forestry, fisheries, and aquaculture. It is likely that this is an underestimate of the true amount of damage, because it focuses on crops and livestock. IFPRI proposes several actions to address this challenge.Ī new FAO report found that global agricultural losses due to natural disasters amounted to $3.8 trillion from 1991 to 2021-equivalent to annual losses of $123 billion, or about 5 percent of global agricultural gross domestic product (GDP). The consequences of paying insufficient attention to water's vital roles in sustaining ecosystems, communities, and agriculture are profound and include the increasing risk of food systems "breaking," which would increase undernutrition and lead to humanitarian crises. This lack of awareness is problematic as water systems are near a breaking point. Although water is vital, it tends to be invisible in many critical processes, including ecosystem health, energy production, and manufacturing. Leave No One Behind," which underscores the often-underestimated role of water in food systems. The International Food Policy Research Institute highlighted the 2023 World Food Day theme of "Water is Life, Water is Food. Compared to January 2021, maize prices are 6% lower, wheat prices 12% lower, while rice prices are 19% higher (See “ pink sheet” data for agricultural commodity and food commodity prices indices, updated monthly.) On a year-on-year basis, maize and wheat prices are 28% and 35% lower, respectively, while rice prices are 39% higher. ![]() Maize prices remained unchanged, wheat prices increased by 4%, and rice prices decreased by 2%. Increases in cocoa and coffee (arabica and robusta) prices drove the increase in the export price index. The agricultural and export price indices closed 3% and 7% higher than two weeks ago respectively, while the cereal price index was unchanged. In real terms, food price inflation exceeded overall inflation in 77% of the 170 countries.ĭownload the latest brief on rising food insecurity and World Bank responses The most-affected countries are in Africa, North America, Latin America, South Asia, Europe, and Central Asia. In addition, 64.3% of high-income countries are experiencing high food price inflation. Inflation higher than 5% is experienced in 57.1% of low-income countries, 83% of lower-middle-income countries, and 59% of upper-middle-income countries and many experiencing double-digit inflation. Domestic food price inflation remains high. ![]()
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