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.

Food security is expected to further deteriorate in 23 countries already facing food crises, according to a new report from FAO and WFP. These worsening conditions come as countries and regions are reeling from the effects of the COVID-19 pandemic and struggling to address conflict, climate change, and economic downturn.

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.

East Africa facing acute food insecurity as drought continues, alerts FEWS and FAO

According to FEWS NET, the prevalence of malnutrition and the rate of crude mortality have surpassed famine thresholds in the Bay Region of southern Somalia. A combination of poor crop production and deteriorating purchasing power has pushed poor households in this region into massive food deficits. Due to this rapidly deteriorating situation, the FAO-managed Food Security and Nutrition Analysis Unit and FEWS NET have now classified this region as IPC Phase 5 Famine.

Emergency food reserves, or strategic reserves, have received considerable attention since the 2007-08 food crisis. Since that time, many countries have either established new strategic reserve programs or scaled up their existing programs by increasing stock levels. The rationale behind these policies is that, with increasing international food price volatility, governments must be prepared to protect their most vulnerable populations from food price shocks, declining purchasing power, and famine.