{"id":552090,"date":"2022-08-10T13:51:41","date_gmt":"2022-08-10T13:51:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/food-security-is-becoming-more-challenging-with-soaring-global-inflation\/"},"modified":"2022-08-10T13:51:41","modified_gmt":"2022-08-10T13:51:41","slug":"food-security-is-becoming-more-challenging-with-soaring-global-inflation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/food-security-is-becoming-more-challenging-with-soaring-global-inflation\/","title":{"rendered":"Food security is becoming more challenging with soaring global inflation"},"content":{"rendered":"

<\/a> World hunger worsened in 2021 and we\u2019re falling way behind on our goal to eliminate it<\/strong> by the end of the decade.<\/strong> The number of people affected by hunger globally rose to some 828 mn in 2021, clocking an increase of about 46 mn people since 2020 and 150 mn since the outbreak of covid-19, according to a report<\/a> from the UN Food and Agriculture Organization (FAO) on the state of food security and nutrition. Worsening economic conditions around the globe and lost income resulting from the global disruptions caused by covid-19 and the war in Ukraine has made access to more nutritious food more difficult (and more expensive) than at any time in the previous seven years \u2014 for many middle and lower middle income countries around the world the situation is even worse.<\/p>\n

Some 670 mn people will still be affected by hunger by 2030<\/strong>, the report predicts. By the end of the decade, some 8% of the global population will still be coping with some form of hunger, even if a global economic recovery gets underway, the report explains. \u201cWith eight years remaining to end hunger [before the UN Sustainable Development Goal deadline], food insecurity and all forms of malnutrition the world is moving in the wrong direction,\u201d the report says.<\/p>\n

The challenge of food security isn't equally shared and some countries will bear a much heavier burden than others: <\/strong>Despite a sharp rise in moderate to severe food insecurity globally in 2020, those same levels remained mostly stable throughout 2021. Severe food insecurity, however, grew 2.4 percentage points from 2019 to 2021 to 11.7% of the global population, indicating that those already struggling with food security face an increasingly worsening situation.<\/p>\n

Much of that struggle is concentrated in Africa: <\/strong>The number of people affected by hunger in Africa is expected to substantially grow from almost 280 mn in 2021 to some 310.7 mn people by 2030, according to the report. In the year preceding the report\u2019s publication last month, moderate or severe food insecurity increased most sharply in Africa, which was already the region home to the highest levels of moderate and severe food insecurity, reaching 34% in 2021 up from 30% in 2020. During this same period, the global average of moderate or severe food insecurity fell to 29.3% from 29.5%.<\/p>\n

The pandemic and the war in Ukraine have had a particularly harsh effect on food security globally: <\/strong>The outbreak of covid-19 alone has already been estimated to be responsible for leaving 78 mn more people affected by hunger by 2030 than in a scenario where the pandemic hadn\u2019t taken place, the report finds. The war in Ukraine, which hadn\u2019t yet been accounted for in the FAO\u2019s data for the 2022 edition of their report will likely \u201chave multiple implications for global agricultural markets through the channels of trade, production and prices, casting a shadow over the state of food security and nutrition for many countries in the near future,\u201d the report said.<\/p>\n

But the bigger picture is that there are a bunch of reasons why we\u2019re doing so terribly on eliminating hunger: <\/strong>The combination of extreme weather events stemming from climate change, armed conflict, economic crises and pre-existing inequalities are the main drivers of food insecurity globally, the report explains.<\/p>\n

In low and middle income countries who rely on imports for a good chunk of their calories, the situation is tenuous: <\/strong>Net food importers like Egypt \u2014 which, for example, relied on Russia and Ukraine for over 80% of its imported wheat \u2014 have in the past several been feeling the bite of the war. The slowdown in grain shipments and skyrocketing prices have forced Egypt to find new import markets<\/a> and rely more on local farming output to ensure our supplies of the staple commodity were not disrupted. The consequence of the disruption has been brutal for state budgets which saw an extra EGP 15 bn<\/a> added to the country\u2019s import bill in the last quarter of FY2021-2022 and could see an extra USD 10.2 bn<\/a> in the next fiscal year. But still, despite the government\u2019s attempts to shoulder a portion of these costs, people have been increasingly squeezed<\/a> by the rising costs of food.<\/p>\n

Even with a dip in food prices, inflation is still weighing on us: <\/strong>Although food prices fell<\/a> for the fourth consecutive month in July as the costs of grains and vegetable oil dropped, food prices remain incredibly high by historical standards. July\u2019s reading was the sixth highest since the FAO index began in 1990 and is 13% higher than a year earlier in July 2021.<\/p>\n

There are still pathways to changing course on this trajectory: <\/strong>\u201dIn low-income countries but also in some lower-middle-income countries where agriculture is key for the economy, jobs and livelihoods, governments need to increase and prioritize expenditure for the provision of services that support food and agriculture more collectively,\u201d the report says. Part of that means adjusting fiscal subsidies so that they target consumers rather than producers, the report explains. Instituting border measures and market price controls as well as expanding public support for agriculture globally would also help make healthy diets more affordable worldwide.<\/p>\n","protected":false},"excerpt":{"rendered":"

World hunger worsened in 2021 and we\u2019re falling way behind on our goal to eliminate it by the end of the decade. The number of people affected by hunger globally rose to some 828 mn in 2021, clocking an increase of about 46 mn people since 2020 and 150 mn since the outbreak of covid-19, […]<\/p>\n","protected":false},"author":1,"featured_media":552091,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9590],"tags":[633,565,182,2867],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-552090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-food-security","tag-enterprisepm","tag-food-security","tag-inflation","tag-unfao","wpautop","entry"],"acf":{"mongo_id":"e3910b85-7f68-4efe-bf5a-be53e1474ff1","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/8\/521.jpg","photo_position":"above","related_issue":[552080],"teaser":"","voice_url":""},"yoast_head":"\nFood security is becoming more challenging with soaring global inflation - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/food-security-is-becoming-more-challenging-with-soaring-global-inflation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Food security is becoming more challenging with soaring global inflation\" \/>\n<meta property=\"og:description\" content=\"World hunger worsened in 2021 and we\u2019re falling way behind on our goal to eliminate it by the end of the decade. 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Other countries on the list include Afghanistan, Iraq, Jordan, Libya, Lebanon, Turkey, Syria, and Yemen, the United Nations\u2019 World Food Programme said in its first report showing the\u2026","rel":"","context":"In "SPEED ROUND: ECONOMY"","block_context":{"text":"SPEED ROUND: ECONOMY","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/437.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550757,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/20\/war-in-europes-breadbasket-could-send-mns-into-hunger-worldwide\/","url_meta":{"origin":552090,"position":2},"title":"War in Europe\u2019s breadbasket could send mns into hunger worldwide","author":"enterpriseam admin","date":"20 April 2022","format":false,"excerpt":"The war in Ukraine is bad news for food security: It\u2019s no secret that Russia\u2019s ongoing war in Ukraine is bad for economies the world over. 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Earlier in the crisis, acute shortages were said to be picking up steam as the outbreak led to a sudden lack of\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/239.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":552288,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/24\/african-food-security-is-coming-under-further-pressure-from-surging-fertilizer-prices\/","url_meta":{"origin":552090,"position":4},"title":"African food security is coming under further pressure from surging fertilizer prices","author":"enterpriseam admin","date":"24 August 2022","format":false,"excerpt":"The sky-high cost of fertilizer is pushing farmers to the brink and further straining African food security: Fertilizer prices have increased by at least 30% since the start of 2022, besides another 80% surge registered last year, according to World Bank figures. These rising prices pose significant challenges for food\u2026","rel":"","context":"In "FOOD SECURITY"","block_context":{"text":"FOOD SECURITY","link":"https:\/\/enterpriseam.com\/egypt\/category\/food-security\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/587.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554634,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/01\/elon-doesnt-think-his-donations-can-end-world-hunger\/","url_meta":{"origin":552090,"position":5},"title":"Elon doesn\u2019t think his donations can end world hunger","author":"enterpriseam admin","date":"1 November 2021","format":false,"excerpt":"Is it reasonable for bn\u2019aires to actually end world hunger? As a bn\u2019aire of course Elon Musk would say no. However, he did say onTwitter he is willing to sell Tesla stock worth as much as USD 6 bn \u201cright now\u201d if the World Food Program (WFP) can prove how\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/30.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/552090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=552090"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/552090\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/552080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/552091"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=552090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=552090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=552090"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=552090"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=552090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}