Zero: The Climate Race Best of: The world’s food system needs a radical rethink
28 snips
Jul 27, 2023 AI Snips
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Systemic Fragility in the Food System
- The global food system resembles the pre-2008 financial system, dominated by a few fragile companies.
- Systemic fragility arises from reduced redundancy, modularity, circuit breakers, and backup systems.
Flickering Signs of Fragility
- The food system's fragility is evident in the rise of chronic hunger despite falling food prices since 2015.
- Shocks, like export restrictions, get amplified through the fragile system, disproportionately affecting poorer nations.
India's Wheat Export Ban
- India's promise to fill the wheat export gap left by Ukraine was thwarted by a heatwave, impacting their harvest.
- This illustrates the convergence of climate and geopolitical crises impacting food security.