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With one in six people around the world almost entirely dependent on international trade to meet their food needs, agricultural trade can clearly play a pivotal role in both addressing and exacerbating food security challenges. While progress has been made to bring attention to food security needs in trade negotiations in recent years, harmful policies like temporary food export restrictions are still a common reaction to price spikes, market disruptions, and production shortfalls – shocks that are likely to become increasingly frequent due to climate change and ongoing conflicts.

Food systems have experienced a multitude of shocks in recent years that threaten food and nutrition security around the world. The Latin America and Caribbean region (LAC), which plays an important role in ensuring the stability of the global food system, has been hit hard by these disruptions. The region has accounted for 30% of deaths during the COVID-19 pandemic, yet makes up only 8% of the global population.

In February 2022, news of Russia’s invasion of Ukraine dominated headlines around the world. Policymakers everywhere worried about the potential ripple effects of the invasion on the economic recovery from COVID-19, as well as on political stability — and food and nutrition security. These worries proved to be well-founded: International food prices spiked by nearly a third and fertilizer prices tripled. 

This post originally appeared on IFPRI.org, by Swati Malhotra and Rob Vos.

Global hunger has been on the rise since 2014, and the world is not on track to achieve the goal of Zero Hunger (SDG2). If current trends continue without concerted and collaborative actions to tackle the challenge, 840 million people will come under the grip of hunger by 2030. The COVID-19 pandemic has worsened the situation, especially in low- and middle-income countries, where compounding effects—conflict, economic downturns and shocks, and climate variability—are causing distress.

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.