The cost of food is of constant concern for many of the world’s poorest people. Food prices are once again on the rise, passing the levels reached during the crisis of 2007-08 that pushed the number of hungry people in the world over 1 billion.
We are not experiencing a major crisis on the scale of 2007-08 – yet. But millions of people’s lives are at risk.
Poor people in developing countries spend between 50-80% of their income on food, making higher prices, as well as unpredictable prices, a serious threat to their ability to eat – let alone continue spending on other basic needs such as health, or education. A great majority of these people make their living from agriculture. But they are excluded from the benefits of higher prices because they are too poor.
See full Press Release.
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