Amid conflict and climate risks, FAO highlights crucial role of AMIS in global food market stability
In the face of escalating conflicts, economic slowdowns and downturns, and the growing climate crisis, the Agricultural Market Information System (AMIS) plays a crucial role in enhancing transparency and policy coordination in international food markets, Maximo Torero, Chief Economist of the Food and Agriculture Organization of the United Nations (FAO), has said.
Speaking at an expert panel at the Global Forum for Food and Agriculture (GFFA) 2024 in Berlin, he stressed how AMIS has helped to prevent unexpected price hikes and strengthen global food security.
Sustainable agriculture, resilient food systems, and climate action: A post-COP28 look at policy imperatives at international and country levels
IFPRI participated in COP28 in late 2023 as part of a wider CGIAR delegation. Following on CGIAR’s five key takeaways from the global climate conference, this blog post—written by IFPRI Communications and Public Affairs Director Charlotte Hebebrand with input from IFPRI research units—reflects on the significance of the COP28 UAE Declaration on Sustainable Agriculture, Resilient Food Systems, and Climate Action through a policy lens.
This post is part of a series examining key issues involving climate and agrifood systems tied to the 2023 UN Climate Change Conference (COP28) in Dubai (November 30-December 12). To learn more about IFPRI’s engagement at the Conference, visit our COP28 Spotlight page.
As with other commodity markets such as rice, the global sugar market has seen large increases in prices due to El Niño-related production shortfalls in major exporting countries in South and Southeast Asia. At the same time, other factors are also constricting supplies. Port bottlenecks have tied up exports in Brazil, the world's largest sugar exporter, despite a large increase in production over last year's levels. Domestic biofuel policies in key exporting countries are diverting sugar production to biofuel production and thus limiting exports.
South Asia and Africa south of the Sahara face significant and burgeoning threats to food security and economic well-being as a result of climate change. These challenges are further complicated by rapid population growth in both regions, leading to both an increased demand for food and increased environmental strains and the potential for unsustainable agricultural practices to boost production. Climate-smart agriculture (CSA) may be a feasible a solution to these challenges, if implemented appropriately and with local contexts in mind.