The G20 Agriculture Ministers met in Xi’an on June 3 to discuss the ways in which the members can promote food security, nutrition, sustainable agricultural growth and rural development worldwide. In the communique, the ministers noted an increased commitment to the Sustainable Development goals (SDGs). In particular, they noted that agriculture and rural development are critical for global food security and poverty alleviation and that coordination across political boundaries will be needed to meet the complex challenges including climate change.
The Food and Agriculture Organization of the United Nations (FAO), the International Food Policy Research Institute (IFPRI) and the CGIAR research program on Policies, Institutions, and Markets (PIM) today launched a new initiative to enhance global cooperation on measuring and reducing food loss and waste. The G20 agriculture ministers requested FAO and IFPRI to launch this initiative in Istanbul, Turkey, this past May.
In the face of price spikes, climate change, and other stressors from the national to the global scale, the promotion of resilience has gained traction in the development community as a means of insuring that populations vulnerable to food and nutrition insecurity are equipped with the tools to survive and even thrive in our unpredictable world.
The 2013 G8 Summit is fast approaching, and development actors around the world are pressing for malnutrition to take center stage at the talks. In the lead-up to the summit, The Lancet, one of the world's most prestigious medical journals, has released a new series on maternal and child malnutrition.
The seventh joint report of the UNCTAD-OECD on G20 countries' investment policies was released on May 29. This report is released every seven months and looks at recent policy measures taken by G20 countries to determine possible impacts they may have on the global investment and economic situation. The report was called for during the 2011 Cannes Summit as part of the G20 leaders' commitment to reduce protectionist policies.
On June 18-19, leaders of the G20 will meet in Los Cabos, Mexico to continue addressing global challenges such as food security and food price volatility. The 2011 G20 Summit led to important steps to reduce price volatility, including the creation of the Excessive Food Price Variability Early Warning system and the Agricultural Market Information System (AMIS).
Global food security is constantly impacted by many issues at the local, national, regional, and international levels - politics, agricultural market changes, fuel prices, weather conditions, war, speculation and trading, and many more. Keeping track of all of these developing issues is an overwhelming, but crucial, task for policymakers to appropriately address the needs of the world's food insecure populations.
On Friday November 4, G20 leaders issued a Cannes Summit Final Declaration, wrapping up the 2011 G20 Summit. Among the issues addressed at this year's summit was the challenge posed by food price volatility and its impact on global food security, as well as the need to create an international emergency humanitarian food reserve system.
FAO GIEWS released today the November 2011 Final Food Outlook, a comprehensive analysis of the global agricultural market situation. According to the report, the outlook for the agricultural commodities markets remains difficult to predict; despite improved supply prospects and weakening demand for several important commodities, volatile prices and the uncertain global economic situation continue to play a part in high food prices.
In a long-awaited move, the US Commodity Futures Trading Commission on October 18 approved limits on trading in the commodities markets. Specifically, the new rules limit the number of commodity contracts that any investor can hold in agriculture, energy, or metals contracts.