THE GLOBAL WINDOW OF TURKISH FOOD AND AGRICULTURE The Global Window of Turkish Food and Agriculture Sector
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The UN has warned that a growing global food crisis could last years if it goes unchecked, as the World Bank announced an additional $12 billion in funding to mitigate its “devastating effects.”
Food insecurity is soaring due to warming temperatures, the coronavirus pandemic and Russia’s invasion of Ukraine, which has led to critical shortages of grains and fertilizer.
At a major United Nations meeting in New York on global food security, Secretary-General Antonio Guterres said the war “threatens to tip tens of millions of people over the edge into food insecurity.”
He said what could follow would be “malnutrition, mass hunger and famine, in a crisis that could last for years,” as he and others urged Russia to release Ukrainian grain exports.
Russia and Ukraine alone produce 30 percent of the global wheat supply.
Moscow’s invasion of Ukraine and international economic sanctions on Russia have disrupted supplies of fertilizer, wheat and other commodities from both countries, pushing up prices for food and fuel, especially in developing nations.
