Food Security

Backgrounder

Food Price Volatility and Insecurity

Author: Toni Johnson

Global food prices are being driven up by a number of factors including bad weather, low stocks, and unstable commodities markets. Combating price volatility and protecting food security will take increased agriculture production and better food distribution, experts say.

See more in Energy/Environment, Food Security

Essential Documents

L’Aquila Joint Statement on Global Food Security

We, Heads of State, Government and International and Regional Organizations convened in L'Aquila, remain deeply concerned about global food security, the impact of the global financial and economic crisis and last year's spike in food prices on the countries least able to respond to increased hunger and poverty. While the prices of food commodities have decreased since their peak of 2008, they remain high in historical terms and volatile. The combined effect of longstanding underinvestment in agriculture and food security, price trends and the economic crisis have led to increased hunger and poverty in developing countries, plunging more than a further 100 million people into extreme poverty and jeopardising the progress achieved so far in meeting the Millennium Development Goals. The number of people suffering from hunger and poverty now exceeds 1 billion.

See more in Natural Resources Management, Food Security