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EXTREME WEATHER, EXTREME PRICES. The costs of feeding a warming world

12.09.2012

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This briefing draws on new research which models the impact of extreme weather on the prices of key international staple crops in 2030. It suggests that existing research, which considers the gradual effects of climate change but does not take account of extreme weather, is significantly underestimating the potential implications of climate change for food prices. This research shows how extreme weather events in a single year could bring about price spikes of comparable magnitude to two decades of long-run price rises. It signals the urgent need for a full stress-testing of the global food system in a warming world.

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