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May 31, 2011

Food Prices, Global Hunger to Skyrocket by 2030, Oxfam Warns

Left unchecked, climate change aligned with population explosion and low agricultural yields will drastically increase global poverty and hunger over the next two decades, warns the international aid organization Oxfam in a report released today (May 31).

The prices of staple foods such as corn and rice will speed up their ascent, Oxfam predicts, and will climb by 180 percent and 130 percent, respectively, by the year 2030.

In a world where the poorest people now spend as much as 80 percent of their incomes on food — the average Filipino spends proportionally four times more on sustenance than the average British person, for example — drastic food scarcities and price hikes will likely push many struggling populations into hunger and, potentially, starvation.

Food Prices, Global Hunger to Skyrocket by 2030, Oxfam Warns - Yahoo! News

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