The Coming Food Crisis

CAP's John D. Podesta and Jake Caldwell have a new piece in Foreign Policy,"The Coming Food Crisis." Here are a few of the key points from that article.

There was already little margin for error in a world where, for the first time in history, 1 billion people are suffering from chronic hunger. But the fragility of world food markets has been underscored by the tragic events of this summer.
The brutal wildfires and crippling drought in Russia are decimating wheat crops and prompting shortsighted export bans. The ongoing floods and widespread crop destruction in Pakistan are creating a massive humanitarian crisis that has left more than 1,600 dead and some 16 million homeless and hungry in a region vital to U.S. national security. These and other climate crises trigger widespread food-price volatility, disproportionately and relentlessly devastating the world's poor.
Less noticed has been the spiking price of wheat — up 50 percent since early June. The U.N. Food and Agriculture Organization recently cut its 2010 global wheat forecast by 4 percent amid fears of a scramble among national governments to secure supplies. As wheat prices climb, demand for other essential food crops such as rice will increase as part of a knock-on effect on world food markets, driving up costs for consumers. In particular, Egypt and other countries that depend heavily on Russian wheat might see dramatic price increases and unrest in the streets.
But lasting gains in agricultural productivity will require something more — action to confront climate change. Food shortages resulting from severe crop losses will occur more frequently and take longer to recover from as more people become vulnerable to extreme weather events like the droughts and flooding we see today in Russia and Pakistan. The World Bank predicts that developing countries will require $75 billion to $100 billion a year for the next 40 years to adapt to the effects of climate change on agricultural productivity, infrastructure, and disease.
Unless we take immediate action, we are destined to race from food crisis to food crisis for generations to come, with grim consequences for the world's poor and our own national security.
John D. Podesta is the president and CEO of the Center for American Progress (CAP) and was White House chief of staff under President Bill Clinton. Jake Caldwell is the director of policy for agriculture, trade, and energy at CAP.