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Our window of opportunity for achieving SDG 2 — eradicating hunger and malnutrition and ensuring access to safe, nutritious, and sufficient food for all by 2030 — is closing rapidly. However, far from moving closer to that goal, the world has seen a resurgence of hunger and food insecurity.
This blog was originally posted on IFPRI.org. It was written by Swati Malhotra and Alexandria Richter.
More than 155 million people experienced acute food insecurity at crisis level or worse around the world in 2020, an increase of 20 million from 2019 and a five-year high, as the COVID-19 pandemic compounded economic shocks, conflicts, and climate and severe weather impacts, estimates the 2021 Global Report on Food Crises (GRFC).
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?