The Food Security Portal E-learning Platform has launched its newest course, Partial Equilibrium Models. The course provides an introduction to these powerful models and how to use them to forecast the impact of economic shocks and policies on national and global economic environments.
Despite tremendous progress made in the last decade to produce enough food to meet the demands of the growing population, around 811 million people lived in hunger in 2020 and nearly half of the world’s population lacked year-round access to adequate food due to climate change, poverty, and the COVID-19 pandemic, according to the 2021 State of Food Security and Nutrition in the World (SOFI) report.
Ten years after the launch of AMIS and the Food Security Portal’s Excessive Price Variability Early Warning System, managing and reducing food price volatility remains a clear priority for global food security.
As reported earlier this month, global wheat prices declined slightly in June after 12 straight months of increases. The recent decline was based on favorable production prospects in several major producing regions, including Europe, India, and the Black Sea region. Wheat futures prices followed suit, dropping by 6 percent in June.
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.