Ukraine is a significant transit country of Russian gas. But lost in the discussion is what a wider conflict might do to global food prices amid disruption to the supply chain of grains from Europe’s breadbasket.
From higher prices in nations already struggling with hunger crises – such as Yemen and Lebanon – to reduced harvests in disaster-prone Bangladesh, the food impacts of Russia’s invasion of Ukraine will likely be long-lasting and felt across continents, economists, and aid officials warn.
Africa’s ties to Ukraine and Russia could increase hunger and poverty on the continent.
WFO is close to all those suffering from conflicts and adds its voice to calls for a rapid resolution of the Ukraine crisis in the interest of all.
The unfolding crisis in Ukraine has roiled commodity markets and threatens global food security. The ongoing fallout from the COVID-19 pandemic and other factors have already driven up food prices.