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Tuesday, April 22, 2008

Global Food Prices and Climate Adaptation

The recent spike in global food prices highlights some of the complexities in managing resources for the future in the context of climate change and a host of other drivers. While there is deep concern for the potential implications of climate change on food production and security in some regions (particularly the least developed nations), such challenges will often unfold against a back-drop of complex global market drivers which, in some instances, may overshadow the effects of climate change (or at least contribute to acute social vulnerability upon which climate change will act). Nevertheless, current events also demonstrate the unintended consequences that can arise when policy decisions and incentives are crafted without an appreciation for the big picture.

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