Farm ministers from the world’s leading industrialised and developing nations will today set out plans for overcoming the global food crisis.
Calls to tackle commercial price-fixing and forge an international system to manage food reserves have been made at G8 talks, hosted by Italy. But a draft declaration of their conclusions has left some unimpressed. Aid agency Oxfam said an apparent lack of concrete commitments meant the summit would go down in history as a “profound failure”. The UN Food and Agriculture Organisation, which has been involved in the talks, is urging action. Its Director-General Jacques Diouf said: “We need to double world food production by the year of 2050 to feed (a) population that is expected to reach nine billion persons.” The recession has cooled soaring prices which triggered food riots in some poorer nations last year. But the food crisis could worsen in developing countries during the current economic downturn due to less investment in agriculture.