Oxfam Sees Threats to Food Security

Oxfam_shop_on_Drury_LaneDevelopment charity Oxfam recently stated that the world is “woefully unprepared” for threats to food security, which are a result of drought and floods. Oxfam reported that extreme weather patterns, small increases in temperature and changes in rainfall patterns related to climate change are already harming food production.

“Climate change is the biggest threat to our chances of winning the fight against hunger,” Oxfam International executive director Winnie Byanyima stated. “It could have grave consequences for what we all eat but the world is woefully under prepared for it.”

Zintro expert Mark Bishop is a veteran investment banker with primary expertise in large-scale upstream agribusiness producers. “The impact of climate change on agribusiness cannot be assessed on a global basis, and instead needs to be analyzed on a regional and specific crop type level. Specifically, climate change will have a variable impact on temperatures, rainfall patterns and severe weather events that will specifically have an effect on distinct climate drivers such as the ENSO (El Nino Southern Oscillation) that impacts Australian drought cycles, rainfall patterns in the Americas, etc.

“In general, tropical/subtropical belt crop types such as cocoa, oil palm, sugar will generally benefit from increased temperatures allowing them to be produced in an increased range of latitudes over time. However, dry-land models dependent on rainfall may suffer in cases where rainfall distribution or levels becomes more variable.

“Non-Tropical belt row crops such as soybeans, corn, wheat etc. will likely be negatively impacted because of increased weather volatility, and as specific regions such as Queensland in Australia, the Brazilian Cerrado regions etc. appear to be at risk for becoming dryer overall− which will curtail yields unless irrigation is more widely employed relative to the dominant dry land cropping models.”
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