What's New

The CGIAR COVID-19 Hub has released updated policy notes regarding the impact of the COVID-19 pandemic on global and regional food systems. This latest series of updates covers several FSP priority countries, including Ethiopia, Nigeria, Malawi, and Bangladesh.

Global food prices are on the rise. FAO’s Food Price Index indicates prices in international markets have risen by 40 percent from a year ago (May 2020). Prices of vegetable oils in particular have surged, showing an increase by almost 110 percent over the past year. Other commodity prices, like those for metals, oil, and other minerals prices also have shown sustained increases since mid-2020.

How concerned should we be?

The number of people around the world facing severe food insecurity skyrocketed by 20 million in 2020, according to the 2021 Global Report on Food Crises, released today. Acute food insecurity now affects at least 155 million people across 55 countries/territories, with some regions facing famine-level hunger. In light of these soaring numbers, the UN Sustainable Development Goal (SDG) of zero hunger by 2030 seems to have gotten further from reach.

The COVID-19 pandemic has caused unprecedented disruptions of social interactions, affecting both the supply and demand for food. These disruptions to jobs, income and food supply magnified and exacerbated existing inequalities. While the emerging urban middle class suffered greater income losses, the poor and vulnerable in rural and urban areas experienced the worst livelihood impacts. Many social programs, including cash transfers, nutrition and education were interrupted, delayed, or halted, setting back decades of process in reducing poverty, hunger, malnutrition and illiteracy.

The COVID-19 pandemic and the associated policy responses have had wide-ranging impacts across the globe in terms of health, food security, incomes and livelihoods, and access to critical services. According to the 2021 Global Food Policy Report (GFPR), released this week by IFPRI, COVID-19’s effects have moved the world further away from achieving the Sustainable Development Goals (SDGs) by 2030.