31 May '11, 11am

Global food crisis looming as prices set to double in 20 years

Food prices will more than double over the next 20 years, unleashing a "wholesale reversal in human development" if concerted global action is not taken to address climate change, failing biofuels policies, and stalling growth in agricultural yields. This is the stark conclusion of a new Oxfam-backed report, Growing a Better Future , which outlines the charity's fears for the world's poorest people who currently spend as much as 80 per cent of their income on food. FURTHER READING BASIC nations again demand Kyoto extension Updated: Green groups take EU to court over biofuels - again The report forecasts price rises of between 120 and 180 per cent for key crops like maize. Almost half of the rises are attributed to climate change . Food prices hit a record high earlier this year, while the World Bank said last month that unrest in the Middle East and north Africa meant that...

Full article: http://www.businessgreen.com/bg/news/2074785/global-food-...

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