BOSTON, Massachusetts — Of the 17 Sustainable Development Goals to be achieved by 2030, eliminating hunger used to be seen as the most feasible. But in the wake of the coronavirus pandemic and Russia's invasion of Ukraine, 15 years of progress on improving access to food have been lost.
BOSTON, Massachusetts — Of the 17 Sustainable Development Goals to be achieved by 2030, eliminating hunger used to be seen as the most feasible. But in the wake of the coronavirus pandemic and Russia's invasion of Ukraine, 15 years of progress on improving access to food have been lost. Despite global agricultural production being more than sufficient to meet the world's nutritional needs, food insecurity is significant and rising everywhere, even in rich countries.
Another advantage of buffer stocks is that they allow governments to establish public procurement policies that incentivize sustainable cultivation practices and crop diversification.Countries that lack the fiscal space to build substantial buffer stocks could work with regional partners to create joint stockpiles. For example, South Africa, as the continent's largest economy, could lead a regional buffer-stock initiative in coordination with the African Union.
Buffer Against Food-Price Shocks
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