The ‘OECD‑FAO Agricultural Outlook 2021‑2030’ report released by OECD (Organisation for Economic Co-operation and Development) & UN’s FAO (Food & Agriculture Organization) states that the prices of Food commodities are set to become cheaper in 2021-30 and the global targets on reducing hunger and CO2 emissions are unlikely to be met under current policies.
- The OECD-FAO Agricultural Outlook is an annual report, which serves as a consensus assessment of the 10 year prospects for agricultural commodity and fish markets at national, regional and global levels.
- The report saves as a reference for forward looking policy analysis and planning.
Food Commodities may become cheap due to increase in productivity. Chinese demand will remain a driver of global agricultural markets particularly for meat, fish and feed grains.
Overall Greenhouse gas emissions
The report forecasts an 4% increase in overall greenhouse gas emissions from agriculture during 2021-30, With Livestock accounting for 80% of the increase.
i.The report states that without any additional efforts UN’s goal of ‘Zero Hunger’ by 2030 will be missed.
- The average global food availability per person is expected to grow by 4% over the next 10 years (% varies region wise), reaching just over 3025 kcal/day in 2030.
- Additional efforts are needed to achieve the World Health Organisation (WHO) recommended net intake of 400g of fruits and vegetables per person per day.
Recent Related News:
February 10, 2021, During the 34th Session of UN’s FAO Committee on Fisheries (COFI 34) which took place virtually from February 1-5, 2021, members of the session supported the 1st-ever Declaration for Sustainable Fisheries & Aquaculture.
About Organisation for Economic Co-operation and Development (OECD)
Secretary-General – Mathias Cormann
Headquarters – Paris, France
About Food & Agriculture Organization (FAO)
Director-General – QU Dongyu
Headquarters – Rome, Italy