food crisis Current Affairs, GK & News

ADB to provide 14 billion USD aid for food security in Asia Pacific

The Asian Development Bank announced a $14 billion assistance to fight food insecurity in Asia Pacific. Key facts The funding to address food insecurity in Asia Pacific was announced as part of the 55th ADB annual meeting. It will be used to combat food crisis caused by climate change and Russian war in Ukraine. The ..

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World Bank USD 30 Billion Fund for Food Crisis

Actions that will be taken by the World Bank to mitigate the ongoing food security have been announced. The World Bank will be investing up to USD 30 billion to finance new and existing projects to mitigate the crisis. The World Bank will be providing financing in which areas? Financing will be provided in the ..

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‘Global Report on Food Crises’ – Update (May, 2022)

The 2022 Global Report on Food Crises was recently published, highlighting acute food insecurity globally. Who published the report? Global Network Against Food Crises (GNAFC). Where the report does focus on? The report focuses on those countries and territories where the magnitude and severity of the food crisis exceed the local resources and capacities. How ..

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WTO Projection on Global Trade Growth

The World Trade Organization (WTO) has revised its global trade growth forecast this year from 4.7 percent to 3 percent due to the impact of the Russia-Ukraine war. The WTO has also warned about a potential food crisis that might be caused price surges. Overview: This WTO report has stated that the conflict which is ..

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World Food Day celebrated on October 16

World Food Day is observed every year on October 16. Year 2021 marked the 76th World Food Day. Key facts This day makes human realise how privileged are they to gorge on the delicacies from across the world as well as raises awareness regarding deprived & not-so-privileged people. It acknowledges the founding of Food and ..

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GNAFC’s Global report on food crises

The Global Network Against Food Crises (GNAFC) recently released the “2021 Global Report on Food Crises”. The GNAFC is an international alliance formed by the European Union, United Nations and other governmental and non-governmental agencies. The report says that economic crisis was the major reason to push 40 million people towards hunger in 2020. This ..

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