Friday, April 3, 2020

COVID-19 and the 5 major threats it poses to global food security.

COVID-19 and the 5 major threats it poses to global food security. Virus risks undermining efforts to reverse trend of rising hunger. Entering 2020, the number of hungry and malnourished people around the world was already on the rise due to an increase in violent conflict and climate change impacts. Today, over 800 million people face chronic undernourishment and over 100 million people are in need of lifesaving food assistance. The novel Coronavirus, COVID-19, risks undermining the efforts of humanitarian and food security organizations seeking to reverse these trends. As former International Food Policy Research Institute (IFPRI) Director General Shenggen Fan, writes, “COVID-19 is a health crisis but it could also lead to a food security crisis if proper measures are not taken.” Every major outbreak in recent memory — Ebola, SARS, MERS — has had both direct and indirect negative impacts on food security. This is what the experts are saying about the likelihood and nature of such impacts from COVID-19: 1)COVID-19 poses a great threat to nations lacking robust social safety nets. Safety-net systems are critical lifelines to help stem the negative economic and nutritional impacts of COVID-19. Many developing countries, however, lack safety-net systems to fill that void. In fact, less than 20 percent of people living in low-income countries have access to social protections of any kind, and even fewer have access to food-based safety net. 2) COVID-19 may cause breaks in food supply chains, food shortages and food price spikes. So far, the novel coronavirus has not shown a major direct impact on the supply or price of staple foods in places affected by the virus or globally. During the SARS and MERS outbreaks in China there was also minimal disruption to markets and prices locally, owing to sufficient buffer stocks and measures taken to ensure the continued flow of goods. This has not always been the case, however, in sub-Saharan African. The Ebola outbreak in 2014, for example, led to dramatic increases in the prices of staple foods in countries impacted in West Africa. Furthermore, the food-price spikes of 2007/8 demonstrate that export restrictions, market speculation and panic behaviour were, in part, responsible for the dramatic increase in global food prices in that period — measures we are not protected against today. In many developing countries, millions of families already spend upwards of half of their income on food in normal circumstances. Countries that rely heavily on imported food to meet demand, including sub-Saharan Africa, face disproportionate risk from supply chain failures, especially in the face of border-crossing closures. Finally, it is the impacts of farmers leaving their fields fallow (or facing delays in planting and harvesting) because of sickness and breakdowns in non-food supply chains, like fertilizer and other critical inputs, that may ultimately most impact developing country economies. 3)COVID-19 may cause the global economy to slow or fall into recession, exacerbating extreme poverty and hunger. 4)COVID-19 may prove especially deadly for people suffering from chronic or acute hunger or malnourishment. 5) COVID-19 poses a great threat to nations suffering from pervasive poverty and poor healthcare infrastructure.

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