The International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations (UN), has warned that the war in Ukraine could trigger an escalation of famine in the country.
According to the president of the entity, Gilbert Houngbo, the limitation of the supply of basic foods, such as wheat, corn and sunflower oil, will make the prices of these products increase and, consequently, these inputs will be out of economic reach for a large part of the population. ukrainian.
Last Tuesday (1st), the international market has already recorded that the price of wheat rose 8.91%, reaching the highest value in 13 years, while corn advanced 6.06%.
For Houngbo, the problem could go beyond Ukraine’s borders. The Black Sea region accounts for 12% of global food calorie exports.
About 40% of exports of wheat and corn produced in the country are destined for the Middle East and Africa, which are already suffering from hunger. For him, the persistence of conflicts in Ukraine, in addition to being harmful to the countries involved, will be catastrophic for the entire world.
“Further food shortages or rising prices could lead to social unrest. Particularly for those who are already struggling to feed their families.”
According to IFAD, currently around 10% of the world’s population does not have enough to eat. In addition, the UN highlights that the impacts of the Covid-19 pandemic and climate events continue to drive millions of people into poverty and food insecurity.
The UN agency said it was committed to increasing food self-sufficiency and resilience in the world’s poorest countries, but highlighted the difficulty in mitigating the global impacts of the Ukraine-Russia war.
Source: CNN Brasil
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