Food Security
Featured blog
One of the world’s worst economic collapses, now compounded by the Ukraine crisis: What’s next for Lebanon?
High food prices and supply disruptions triggered by the Ukraine war are hitting Middle Eastern and North African (MENA) countries like Egypt, Sudan, and Yemen hard, partly due their heavy dependence on wheat imports. But in the region, Lebanon—already in the midst of one of the world’s worst economic collapses since the 1850s—is uniquely vulnerable to food security impacts from the Russia-Ukraine conflict.
The impact of the Ukraine crisis on the global vegetable oil market
The war in Ukraine has pushed prices of agricultural products to historically high levels, and concerns about global food security occupy headlines and world leaders’ minds, as demonstrated by recent IMF and World Bank meetings. So far, much of the attention has focused on grains, particularly wheat—because of its importance in diets, and the predicament of countries where wheat accounts for a large share of calories consumed, is largely imported, and is dominated by supplies from the Black Sea.
High fertilizer prices contribute to rising global food security concerns
Like people, plants need a multitude of nutrients to thrive. These are categorized into micronutrients, such as zinc and iron; secondary macronutrients; such as calcium and magnesium; and three primary macronutrients: nitrogen (N), phosphorus (P), and potassium (K). Mineral fertilizers provide higher and more plant accessible nutrients, while organic minerals importantly also provide carbon, which contributes to healthy soils.
Urgent Call for Global Action as Food Prices Continue to Rise
Last week, the heads of the World Bank Group, International Monetary Fund, United Nations World Food Program, and World Trade Organization issued a joint statement calling for urgent global action on food security in response to skyrocketing global food prices.
From bad to worse: How Russia-Ukraine war-related export restrictions exacerbate global food insecurity
Global turmoil and supply shocks can increase a country's vulnerability to food shortages. In the past, countries have often resorted to restrictive trade policies to address food supply disruptions. The Ukraine-Russia crisis is no exception; a number of countries have imposed export restrictions in various forms.