According to World Bank, food prices have doubled in last three years. It has created unrest among public in most of the
developing countries. Some nations had imposed restriction on food exports. The soaring prices have affected and made to stretch the budget of the families living in rich countries and created food riots in other countries
To solve the crisis by all means, hectic meetings are held in last three days on how to control hunger and poverty. Today (May 5,2008) the world leaders will try to find an unanimous action plan to tackle global
food crisis in
Food security summit in Rome, hosted by Food and Agriculture Organization (FAO)
Lands are used for Biofuels otherwise be used for food production in US. Biofuels present both opportunities and challenges. Some countries blamed that western pressure had contributed this crisis
UN officials announced Three billion dollars aid to ease food crisis. UN chief Ban Ki-moon indicates up to 20 billion dollars a year would be required. Since hundreds of millions of people are expecting a solution for this crisis, he is determined to have a solution without fail in this meeting.
World Bank President Robert Zoellick wants an international call to lift the ban on food exports as it will trigger inflation and will affect poorest people across the world.
In draft summit declaration all the leaders promised that they will go all out to ensure food security through conducive policies, food agricultural trade, and increase investment in agriculture. They ensure to alleviate the pain caused due to the current crisis and hoped for new world trade accord incorporating food security.
British officials have indicated that a broad consensus is building up towards an action plan. It will be presented during Group of Eight meeting in Japan later this month.