PARIS: Farming practices must change to confront soaring food prices that threaten to drive millions of poor people around the world into even deeper poverty, said a new study

“Business as usual is no longer an option,” the International Assessment of Agricultural Science and Technology for Development will say in a report, according to a statement from Unesco, where the study will be presented.

The study group was formed in 2002 by the United Nations Foods and Agriculture Organisation and the World Bank.

Its findings were to be released here at a moment of mounting alarm at the social and political upheavals that world leaders fear could be triggered by rising food prices.

The IMF and the World Bank in weekend meetings in Washington appealed for measures to avert a global food crisis. European Union farm ministers were to confront the issue at a meeting later Monday in Luxembourg.

Basic foodstuff prices have all risen sharply in recent months, sparking violent protests in many countries, including Egypt, Cameroon, Ivory Coast, Mauritania, Ethiopia, Madagascar, the Philippines and Indonesia.

“Based on a rough analysis, we estimate that a doubling of food prices over the last three years could potentially push 100 million people in low-income countries deeper into poverty,” World Bank president Robert Zoellick warned on Sunday.

The Unesco statement here said that since March 2007 prices for soya beans have risen 87 per cent and those for wheat 130 per cent at a time when global grain stores are at their lowest levels on record.

It attributed the trend to increased demand in emerging market powerhouses China and India as well as the alternative use of maize and soya beans for biofuels.

Unesco said the report to be released will urge that agricultural science pay greater attention to safeguarding natural resources and to promoting “agro-ecological” practices, such as the use of natural fertilisers and traditional seeds and reducing the distance between the farm and the consumer.—AFP

Opinion

Accessing the RSF

Accessing the RSF

RSF can help catalyse private sector inves­tment encouraging investment flows, build upon institutional partnerships with MDBs, other financial institutions.

Editorial

Madressah oversight
Updated 19 Dec, 2024

Madressah oversight

Bill should be reconsidered and Directorate General of Religious Education, formed to oversee seminaries, should not be rolled back.
Kurram’s misery
Updated 19 Dec, 2024

Kurram’s misery

The state must recognise that allowing such hardship to continue undermines its basic duty to protect citizens’ well-being.
Hiking gas rates
19 Dec, 2024

Hiking gas rates

IMPLEMENTATION of a new Ogra recommendation to increase the gas prices by an average 8.7pc or Rs142.45 per mmBtu in...
Geopolitical games
Updated 18 Dec, 2024

Geopolitical games

While Assad may be gone — and not many are mourning the end of his brutal rule — Syria’s future does not look promising.
Polio’s toll
18 Dec, 2024

Polio’s toll

MONDAY’s attacks on polio workers in Karak and Bannu that martyred Constable Irfanullah and wounded two ...
Development expenditure
18 Dec, 2024

Development expenditure

PAKISTAN’S infrastructure development woes are wide and deep. The country must annually spend at least 10pc of its...