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UN-World Bank task force to tackle global food crisis

Tuesday, April 29th 2008 - 21:00 UTC
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The United Nations Secretary General Ban Ki-moon is setting up a task force to tackle the global food crisis. Ban Ki-moon said the world faced “widespread hunger, malnutrition and social unrest on an unprecedented scale” because of soaring food prices

He said the priority was to feed the hungry by closing a 755 million US dollars funding gap for the UN World Food Programme (WFP) this year and urged donor countries to make more money available now. The WFP believes 100 million people are currently going short of food. WFP says only 62% of the 755 million it needs to feed them has been pledged so far, and, of that, only 18 million has actually been received. The task force, to be chaired by Ban Ki-moon will be made up of the heads of UN agencies and the World Bank. "The first and immediate priority issue that we all agreed was that we must feed the hungry" Ban Ki-moon said after a meeting of agency heads in the Swiss capital, Bern. "Without full funding of these emergency requirements, we risk again the specter of widespread hunger, malnutrition and social unrest on an unprecedented scale". Ban Ki-moon said it was essential to support farmers in poor countries who were producing less because of the high cost of fertilizer and energy, and to this end he said the task force hoped to: offer 200 million US dollars financial support to farmers in the worst affected countries to boost food production; set up a 1.7 billion US dollar program to help countries with a food deficit to buy seeds. For its part the World Bank said that it would: double its lending for agriculture in Africa over the next year; consider providing quicker and more flexible financing for poor countries. Ban Ki-moon said Africa could double its production of food in a few years with an annual investment of 8 to 10 billion US dollars. He also called on the international community to "urgently address trade-distorting subsidies in developed countries, and the ongoing Doha trade round. But also in the long term we need to address the challenges caused by climate change". The head of the World Bank, Robert Zoellick, who also attended the meeting in Bern, urged countries not to use export bans to protect food stocks. "These controls encourage hoarding, drive up prices and hurt the poorest people around the world who are struggling to feed themselves," he said. His comments came as India decided to tax exports of basmati rice as it tries to control domestic inflation. India banned exports of non-basmati rice in March. The prices of staple foods including rice, grain, oil and sugar are all at least 50% higher than they were this time last year. On Tuesday the Beijing Morning newspaper reported that China might lease fields in Latin America, Australia and the former Soviet Union to replace farmland lost to urban and industrial development. Meanwhile in Washington, US President George W Bush said he was "deeply concerned" by high food prices at home and abroad. He said that diverting corn for the production of bio-fuels had only accounted for 15% of the rise in prices, which had otherwise been caused by weather, energy prices and increased demand. "It's in our national interest that we, our farmers, grow energy, as opposed to us purchasing energy from parts of the world that are unstable or may not like us" he added. Bush said the long-term solution would be to switch to cellulose ethanol, which uses grasses or other non-food sources to produce fuels. He also said he had made a proposal to Congress on buying food from local farmers so that countries could become "self-sustaining". (BBC).-

Categories: Economy, International.

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