Russia’s invasion of Ukraine has added to mounting pressure on global food supply chains.
Food prices have increased steeply over the last two years and appear set to go higher following Russia’s invasion of Ukraine, putting millions of people at risk. While the current tensions in food supply chains are caused by a multitude of factors, the link with the global energy crisis should not be overlooked. The disruptions caused by Russia’s war in Ukraine have brought the intertwined nature of the world’s energy and food supply chains into sharp focus.
According to the World Food Programme, the number of people facing acute food insecurity more than tripled between 2017 and 2021, and could further increase by 17% to 323 million this year as a result of Russia’s war in Ukraine.
The surge in food prices since mid-2020 has been driven by factors such as the recovery in demand following the Covid-19 crisis, adverse weather impacts on supply, a growing number of trade restrictions on food products, and rapidly soaring input costs, notably energy and fertilisers.
REPOSTED FROM IEA.ORG – READ FULL ARTICLE HERE