Global Food Price Crisis of 2008-2012 Implications of Transboundary Risks on Food Supply

Event: European Climate Change Adaptation Conference
Date: 25 May 2021 - 22 June 2021, Online + Brussels, Belgium
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Food price volatility is an important impact of transboundary climate risks. However, food prices tend to mix with many other events extraneous to agriculture making their prediction a difficult task. This presentation presents a case study of 2008 and 2012 global food price crisis and provides insights in terms of their transboundary nature, the impacts of the event, and some off-the-shelf adaptation initiatives that can help address such future crisis.