www.worldbank.org
Open in
urlscan Pro
2606:4700:4400::ac40:933a
Public Scan
URL:
https://www.worldbank.org/en/topic/agriculture/brief/food-security-update
Submission: On November 26 via api from US — Scanned from US
Submission: On November 26 via api from US — Scanned from US
Form analysis 7 forms found in the DOM
Name: hiddensearch — GET
<form name="hiddensearch" id="globalsearchId-mob" action="" method="get" style="display:none" aria-hidden="true">
<input id="global_search-mob" type="hidden" name="q" title="searchtexthidden1">
</form>Name: searchbox —
<form role="search" class="input-group" name="searchbox" onsubmit="javascript:return submit_search_form();">
<input type="text" id="mobile-globalsearch" placeholder="Search worldbank.org" class="search-input-field-1 global_search_form_mobile" name="qterm_test" title="">
<button type="submit" title="Search" class="search-submit-icon" onclick="javascript:submit_search_form();"><span class="sr-only" aria-hidden="true">Search button</span>
</button>
</form>Name: searchbox — GET
<form data-csearch="https://www.worldbank.org/en/where-we-work" id="csearch" class="input-group" name="searchbox" onsubmit="javascript:WriteCookie();" method="get">
<input type="text" autocomplete="on" onfocus="clearField(this)" placeholder="Country Name..." class="search-input-field-1 search_form_where_we_work" id="search-country" name="usrname" title="search">
</form>Name: hiddensearch1 — GET
<form name="hiddensearch1" id="upovertyId" method="get" style="display:none" aria-hidden="true">
<input id="upoverty" type="hidden" name="query" title="searchtexthidden1">
</form>Name: search1 — GET
<form role="search" class="input-group" name="search1" onsubmit="return submit_search_form_upoverty();" method="get">
<input type="search" placeholder="Search research and publications" class="search-input-field-1 search_form_poverty" id="search_research_publications" aria-label="Search research and publications" name="qterm_test1">
<button type="submit" title="Search" onclick="javascript:submit_search_form_upoverty();" class="search-submit-icon"><span class="sr-only" aria-hidden="true">Search button</span>
</button>
</form>Name: hiddensearch — GET
<form name="hiddensearch" id="globalsearchId" method="get" style="display:none" aria-hidden="true">
<input id="global_search" type="hidden" name="q" title="searchtexthidden">
</form>Name: search — GET
<form role="search" class="input-group" name="search" onsubmit="return submit_search_form();" method="get">
<input type="search" onfocus="clearField(this)" placeholder="Search worldbank.org" class="search-input-field-1 global_search_form_desktop" id="qterm_id" name="qterm_test">
<button type="submit" title="Search" onclick="javascript:submit_search_form();" class="search-submit-icon"><span class="sr-only" aria-hidden="true">Search button</span>
</button>
</form>Text Content
Skip to Main Navigation
Global Search
Search button
* WHO WE ARE
Leadership, organization, and history
* WHAT WE DO
Projects, products, and services
* WHERE WE WORK
Countries and regions
* UNDERSTANDING POVERTY
Global data and statistics, research and publications, and topics in poverty
and development
* WORK WITH US
Jobs, procurement, training, and events
* News
* The World Bank’s digital platform for live-streaming
* WHO WE ARE
With 189 member countries, staff from more than 170 countries, and offices in
over 130 locations, the World Bank Group is a unique global partnership: five
institutions working for sustainable solutions that reduce poverty and build
shared prosperity in developing countries.
About the World Bank
* Overview
* Organization
* Partners
* History
* Archives
* Anti-Racism Charter
Accountability
* Annual Reports
* Access to Information
* Accountability Mechanism
* World Bank Group Scorecard
* Data Privacy
* World Bank Group Finances One
* Integrity Vice Presidency
* Inspection Panel
* Grievance Redress Service
* Independent Evaluation Group
* Compliance Advisor Ombudsman
* Policies and Procedures
* Sanctions System
Experts And Leaders
* Office of the President
* Boards of Governors
* Boards of Directors
* Leadership
* Experts
--------------------------------------------------------------------------------
* News
* WHAT WE DO
The World Bank Group works in every major area of development. We provide a
wide array of financial products and technical assistance, and we help
countries share and apply innovative knowledge and solutions to the
challenges they face.
Development Projects
* Projects
* By Country
* By Sector
* By Theme
* Country Engagement
* Environmental and Social Policies for Projects
* Operations Procurement for IPF Projects
* Results
Priorities
* Climate
* Food Security
* Human Capital
* International Development Association (IDA)
* COVID-19 Hub
Knowledge
* Research & Publications
* Data
* Learning
* Development Topics
* Open Knowledge Repository
* Trust Fund Directory
Products & Services
* Financing Products & Advisory Services
* Treasury
* Asset Management
* WHERE WE WORK
Countries
country dropdown
* Afghanistan
* Albania
* shqip
* Algeria
* Français
* عربي
* Angola
* Português
* Antigua and Barbuda
* Argentina
* Español
* Armenia
* Australia
* Austria
* Azerbaijan
* Bahrain
* Bangladesh
* Belarus
* Русский
* Belgium
* Français
* Belize
* Benin
* Français
* Bhutan
* Bolivia
* Español
* Bosnia and Herzegovina
* Botswana
* Brazil
* Português
* Bulgaria
* Български
* Burkina Faso
* Français
* Burundi
* Français
* Cabo Verde
* Português
* Cambodia
* ភាសាខ្មែរ
* Cameroon
* Français
* Canada
* Français
* Central African Republic
* Français
* Chad
* Français
* Chile
* Español
* China
* 中文
* Colombia
* Español
* Comoros
* Français
* Democratic Republic of Congo
* Français
* Republic of Congo
* Français
* Costa Rica
* Español
* Cote d'Ivoire
* Français
* Croatia
* Czech Republic
* Denmark
* Djibouti
* Dominica
* Dominican Republic
* Español
* Ecuador
* Español
* Egypt
* عربي
* El Salvador
* Español
* Equatorial Guinea
* Eritrea
* Estonia
* Ethiopia
* Europe (Western)
* Fiji
* Finland
* France
* Français
* Gabon
* Français
* The Gambia
* Georgia
* Germany
* Ghana
* Greece
* Grenada
* Guatemala
* Español
* Guinea
* Français
* Guinea-Bissau
* Português
* Guyana
* Haiti
* Français
* Honduras
* Español
* Hungary
* Iceland
* India
* Hindi
* Indonesia
* Bahasa
* Iran
* Iraq
* عربي
* Israel
* Italy
* Jamaica
* Japan
* 日本語
* Jordan
* عربي
* Kazakhstan
* Русский
* Kenya
* Kiribati
* Korea
* Kosovo
* Kuwait
* Kyrgyz Republic
* Русский
* Lao PDR
* Latvia
* Lebanon
* عربي
* Lesotho
* Liberia
* Libya
* عربي
* Lithuania
* Luxembourg
* Français
* FYR of Macedonia
* македонски
* Madagascar
* Français
* Malawi
* Malaysia
* Maldives
* Mali
* Français
* Marshall Islands
* Mauritania
* Français
* Mauritius
* Français
* Mexico
* Español
* FS Micronesia
* Moldova
* română
* Mongolia
* Монгол
* Montenegro
* Morocco
* عربي
* Français
* Mozambique
* Português
* Myanmar
* Namibia
* Nepal
* Netherlands
* Nicaragua
* Español
* Niger
* Français
* Nigeria
* Norway
* Oman
* Pakistan
* Palau
* Panama
* Español
* Papua New Guinea
* Paraguay
* Español
* Peru
* Español
* Philippines
* Poland
* Polski
* Portugal
* Qatar
* Romania
* Română
* Russia
* Русский
* Rwanda
* Français
* Samoa
* Sao Tome and Principe
* Português
* Senegal
* Français
* Serbia
* Seychelles
* Français
* Sierra Leone
* Singapore
* Slovak Republic
* Slovenia
* Solomon Islands
* Somalia
* South Africa
* South Sudan
* Spain
* Español
* Sri Lanka
* St. Kitts and Nevis
* St. Lucia
* St. Vincent and Grenadines
* Sudan
* Suriname
* Swaziland
* Sweden
* Switzerland
* Syria
* عربي
* Tajikistan
* Русский
* Tanzania
* Thailand
* ภาษาไทย
* Timor Leste (East Timor)
* Togo
* Français
* Tonga
* Trinidad and Tobago
* Tunisia
* عربي
* Français
* Turkey
* Türkçe
* Turkmenistan
* Русский
* Tuvalu
* Uganda
* Ukraine
* Yкраїнський
* United Arab Emirates
* United Kingdom
* United States of America
* Uruguay
* Español
* Uzbekistan
* Русский
* Vanuatu
* Venezuela
* Español
* Vietnam
* Tiẽng Việt
* West Bank and Gaza
* عربي
* Yemen
* عربي
* Zambia
* Zimbabwe
Recent Searches
Regions
* Africa
* East Asia and Pacific
* Europe and Central Asia
* Latin America and Caribbean
* Middle East and North Africa
* South Asia
Country Groups
* European Union
* Middle Income Countries
* Organization of Eastern Caribbean States
* Pacific Islands
* Small States
* Gulf Cooperation Council
* Western Europe
* UNDERSTANDING POVERTY
We face big challenges to help the world’s poorest people and ensure that
everyone sees benefits from economic growth. Data and research help us
understand these challenges and set priorities, share knowledge of what
works, and measure progress.
Data & Research
* Open Data
* By Country
* By Indicator
* Research & Publications
Development Topics
* Agriculture
* Climate
* Digital Transformation
* Education
* Energy
* Gender
* Health
* Poverty
* Transport
* All Development Topics
--------------------------------------------------------------------------------
Search button
* WORK WITH US
For Job Seekers
* Jobs
* Programs & Internships
For Partners
* Partners
* Corporate and Private Foundations
* Clients
* Private Sector
* Corporate Procurement
* Civil Society
* Consultations
* Parliamentarians
For Investors
* World Bank Bonds & Investment Products
* Treasury
For Learners
* Open Learning Campus
* World Bank Group Academy
Meet Us
* Events
* World Bank Live
* Speaker's Bureau
* Spring & Annual Meetings
--------------------------------------------------------------------------------
* Contacts & Inquiries
*
global Search dropdown
Search
Search button
1. Understanding Poverty
2. Topics
3. Agriculture and Food
This page in:
English
* Español
* Français
* العربية
This page in: English
* Español
* Français
* العربية
* FOOD SECURITY UPDATE | WORLD BANK RESPONSE TO RISING FOOD INSECURITY
Download the latest food security update
* Home
* Our Projects
* Data & Research
* News & Opinions
* What is Food Security
Select a EDS Sub navigation page selecting option, leaving this page
Home
* Home
* Our Projects
* Data & Research
* News & Opinions
* What is Food Security
--------------------------------------------------------------------------------
LATEST UPDATE – NOVEMBER 18, 2024
Domestic food price inflation remains high in many low- and middle-income
countries. Inflation higher than 5% is experienced in 70% of low-income
countries (6.2 percentage points lower), 47.8% of lower-middle-income countries
(3. percentage points lower), 36% of upper-middle-income countries (2.0
percentage points lower), and 9.1% of high-income countries (0.2 percentage
points higher). In real terms, food price inflation exceeded overall inflation
in 59.8% of the 164 countries where data is available.
Download the latest brief on rising food insecurity and World Bank responses
Since the last update on October 18, 2024, the agricultural and cereal price
indices closed 1 and 2 percent higher, respectively; the export price index
closed at the same level. Maize prices closed 7% higher, while wheat and rice
prices closed 5% lower respectively. On a year-on-year basis, maize prices are
9% lower and rice prices 8% lower, while wheat prices are 1% higher. Compared to
January 2020, maize prices are 9% higher, wheat prices 3% lower, and rice prices
29% higher. (See “pink sheet” data for agricultural commodity and food commodity
prices indices, updated monthly.)
The November 2024 Agricultural Market Information System (AMIS) Market Monitor
highlighted a range of price fluctuations and policy changes in global
agriculture in October. Wheat prices reached multi-month highs, largely because
of weather-related planting delays in the northern hemisphere, but later eased
as conditions improved. Maize prices also increased slightly, even with swift
harvest progress in the United States, whereas rice and soybean prices fell. In
policy moves, India removed the minimum export price for non-basmati white rice,
and Bangladesh and Türkiye relaxed import restrictions on maize, rice, and
vegetable oils.
In the most recent Commodity Markets Outlook, the World Bank is projecting a 4%
decrease in the agriculture commodity prices index in 2025 before stabilizing in
2026, after a 2% increase in 2024. The report also summarizes concerns about
food insecurity and noted that the world remains far from achieving the goal of
zero hunger by 2030. Conflict, extreme weather, and economic shocks are the
major drivers of food insecurity. It is projected that food prices will decrease
by 4% in 2025 before stabilizing in 2026.
The latest Hunger Hotspots Report by the Food and Agriculture Organization of
the United Nations (FAO) and the World Food Program (WFP) warns about worsening
acute food insecurity in 16 hunger hotspots (covering 22 countries and
territories) that will require urgent action between November 2024 and May 2025.
Conflict, climate, and the economy are the primary drivers of food insecurity.
Conflict continues to be the primary drivers of hunger in 15 hotspots.
Following Russia’s invasion of Ukraine, trade-related policies imposed by
countries have surged. The global food crisis has been partially made worse by
the growing number of food and fertilizer trade restrictions put in place by
countries with a goal of increasing domestic supply and reducing prices. As of
November 2024, 17 countries have implemented 22 food export bans, and 8 have
implemented 12 export-limiting measures.
WORLD BANK ACTION
Our food and nutrition security portfolio now spans across 90 countries. It
includes both short term interventions such as expanding social protection, also
longer-term resilience such as boosting productivity and climate-smart
agriculture. The Bank's intervention is expected to benefit 296 million people.
Some examples include:
* In Honduras, the Rural Competitiveness Project series (COMRURAL II and III)
aims to generate entrepreneurship and employment opportunities while
promoting a climate-conscious, nutrition-smart strategy in agri-food value
chains. To date, the program is benefiting around 6,287 rural small-scale
producers (of which 33% are women, 15% youth, and 11% indigenous) of coffee,
vegetables, dairy, honey, and other commodities through enhanced market
connections and adoption of improved agricultural technologies and has
created 6,678 new jobs.
* In Honduras, the Corredor Seco Food Security Project (PROSASUR) strives to
enhance food security for impoverished and vulnerable rural households in the
country’s Dry Corridor. This project has supported 12,202 extremely
vulnerable families through nutrition-smart agricultural subprojects, food
security plans, community nutrition plans, and nutrition and hygiene
education. Within the beneficiary population, 70% of children under the age
of five and their mothers now have a dietary diversity score of at least 4
(i.e., consume at least four food groups).
* The $2.75 billion Food Systems Resilience Program for Eastern and Southern
Africa, helps countries in Eastern and Southern Africa increase the
resilience of the region’s food systems and ability to tackle growing food
insecurity. Now in phase three, the program will enhance inter-agency food
crisis response also boost medium- and long-term efforts for resilient
agricultural production, sustainable development of natural resources,
expanded market access, and a greater focus on food systems resilience in
policymaking.
* A $95 million credit from IDA for the Malawi Agriculture Commercialization
Project (AGCOM) to increase commercialization of select agriculture value
chain products and to provide immediate and effective response to an eligible
crisis or emergency.
* The $200 million IDA grant for Madagascar to strengthen decentralized service
delivery, upgrade water supply, restore and protect landscapes, and
strengthen the resilience of food and livelihood systems in the drought-prone
‘Grand Sud’.
* A $60 million credit for the Integrated Community Development Project that
works with refugees and host communities in four northern provinces of
Burundi to improve food and nutrition security, build socio-economic
infrastructure, and support micro-enterprise development through a
participatory approach.
* The $175 million Sahel Irrigation Initiative Regional Support Project is
helping build resilience and boost productivity of agricultural and pastoral
activities in Burkina Faso, Chad, Mali, Mauritania, Niger, and Senegal. More
than 130,000 farmers and members of pastoral communities are benefiting from
small and medium-sized irrigation initiatives. The project is building a
portfolio of bankable irrigation investment projects of around 68,000 ha,
particularly in medium and large-scale irrigation in the Sahel region.
* Through the $50 million Emergency Food Security Response project, 329,000
smallholder farmers in Central Africa Republic have received seeds, farming
tools and training in agricultural and post-harvest techniques to boost crop
production and become more resilient to climate and conflict risks.
* The $15 million Guinea Bissau Emergency Food Security Project is helping
increase agriculture production and access to food to vulnerable families.
Over 72,000 farmers have received drought-resistant and high-yielding seeds,
fertilizers, agricultural equipment; and livestock vaccines for the
country-wide vaccination program. In addition, 8,000 vulnerable households
have received cash transfer to purchase food and tackle food insecurity.
* The $60 million Accelerating the Impact of CGIAR Research for Africa (AICCRA)
project has reached nearly 3 million African farmers (39% women) with
critical climate smart agriculture tools and information services in
partnership with the Consortium of International Agricultural Research
Centers (CGIAR). These tools and services are helping farmers to increase
production and build resilience in the face of climate crisis. In Mali,
studies showed that farmers using recommendations from the AICCRA-supported
RiceAdvice had on average 0.9 ton per hectare higher yield and US$320 per
hectare higher income.
* The $766 million West Africa Food Systems Resilience Program is working to
increase preparedness against food insecurity and improve the resilience of
food systems in West Africa. The program is increasing digital advisory
services for agriculture and food crisis prevention and management, boosting
adaption capacity of agriculture system actors, and investing in regional
food market integration and trade to increase food security. An additional
$345 million is currently under preparation for Senegal, Sierra Leone and
Togo.
* A $150 million grant for the second phase of the Yemen Food Security Response
and Resilience Project, which will help address food insecurity, strengthen
resilience and protect livelihoods.
* $50 million grant of additional financing for Tajikistan to mitigate food and
nutrition insecurity impacts on households and enhance the overall resilience
of the agriculture sector.
* A $125 million project in Jordan aims to strengthen the development the
agriculture sector by enhancing its climate resilience, increasing
competitiveness and inclusion, and ensuring medium- to long-term food
security.
* A $300 million project in Bolivia that will contribute to increasing food
security, market access and the adoption of climate-smart agricultural
practices.
* A $315 million loan to support Chad, Ghana and Sierra Leone to increase their
preparedness against food insecurity and to improve the resilience of their
food systems.
* A $500 million Emergency Food Security and Resilience Support Project to
bolster Egypt's efforts to ensure that poor and vulnerable households have
uninterrupted access to bread, help strengthen the country's resilience to
food crises, and support to reforms that will help improve nutritional
outcomes.
* A $130 million loan for Tunisia, seeking to lessen the impact of the Ukraine
war by financing vital soft wheat imports and providing emergency support to
cover barley imports for dairy production and seeds for smallholder farmers
for the upcoming planting season.
In May 2022, the World Bank Group and the G7 Presidency co-convened the Global
Alliance for Food Security, which aims to catalyze an immediate and concerted
response to the unfolding global hunger crisis. The Alliance has developed the
publicly accessible Global Food and Nutrition Security Dashboard, which provides
timely information for global and local decision-makers to help improve
coordination of the policy and financial response to the food crisis.
The heads of the FAO, IMF, World Bank Group, WFP, and WTO released a Third Joint
Statement on February 8, 2023. The statement calls to prevent a worsening of the
food and nutrition security crisis, further urgent actions are required to (i)
rescue hunger hotspots, (ii) facilitate trade, improve the functioning of
markets, and enhance the role of the private sector, and (iii) reform and
repurpose harmful subsidies with careful targeting and efficiency. Countries
should balance short-term urgent interventions with longer-term resilience
efforts as they respond to the crisis.
Last Updated: Nov 18, 2024
--------------------------------------------------------------------------------
* GLOBAL FOOD AND NUTRITION SECURITY DASHBOARD
The Global Food and Nutrition Security Dashboard is a key tool to fast-track
a rapid response to the unfolding global food security crisis.
Global Food and Nutrition Security Dashboard
--------------------------------------------------------------------------------
FEATURED
* COMING TOGETHER TO ADDRESS THE GLOBAL FOOD CRISIS
Coming Together to Address the Global Food Crisis
* WORLD BANK ANNOUNCES PLANNED ACTIONS FOR GLOBAL FOOD CRISIS RESPONSE
World Bank Announces Planned Actions for Global Food Crisis Response
* SECOND JOINT STATEMENT BY THE HEADS OF FAO, IMF, WBG, WFP, AND WTO ON THE
GLOBAL ...
Second Joint Statement by the Heads of FAO, IMF, WBG, WFP, and WTO on the
Global ...
--------------------------------------------------------------------------------
RELATED
* Agriculture and Food
* Climate-Smart Agriculture
* Agribusiness and Value Chains
* Food System Jobs
* Global Food and Nutrition Security Dashboard
INTERVIEWS WITH FOOD SECURITY EXPERTS
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
STAY CONNECTED
*
* YouTube
*
*
CONTACTS
* Nicolas Douillet
Washington, D.C.
ndouillet@worldbankgroup.org
* Nugroho Nurdikiawan Sunjoyo
Washington, D.C.
nsunjoyo@worldbank.org
* Who We Are
* Data
* Research and Publications
* Learning
* News
* Projects and Operations
* Countries
* Topics
--------------------------------------------------------------------------------
FOLLOW US
Follow us
*
*
*
*
*
*
*
newsletter
SUBSCRIBE HERE
This Site in:
English
* Español
* Français
* عربي
* Русский
* 中文
* View All »
* Legal
* Privacy Notice
* Site Accessibility
* Access to Information
* Jobs
* Contact
* SCAM ALERTS
* REPORT FRAUD OR CORRUPTION
*
* IBRD
* IDA
* IFC
* MIGA
* ICSID
© 2024 The World Bank, All Rights Reserved.
This site uses cookies to optimize functionality and give you the best possible
experience. If you continue to navigate this website beyond this page, cookies
will be placed on your browser. To learn more about cookies, click here.
×
WE WELCOME YOUR FEEDBACK ON:
• Our development work. • Your development priorities. • Your experience on our
website today. Thank you for helping us improve our work.
Yes, I'll give feedback.No, thanks.