Sustainability in Food

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Global Food Security Declines As Food Prices Increase

Poor weather and geopolitical concerns are key factors, along with a 7.5 percent increase in cereals prices

Q1_2014PAF_graphicFood security fell in nearly 70 percent of countries in the first quarter of 2014 as the global price of grains, sugar and other farm commodities rose at the fastest pace in 18 months, according to The Economist Intelligence Unit’s (EIU) Global Food Security Index (GFSI).

“Food prices jumped in February and March as the political crisis in Ukraine, an important grain producer, worsened,” said Leo Abruzzese, Global Forecasting Director for the EIU. “We haven’t seen much in the way of actual supply disruptions yet, but market prices move quickly on any hint of risk. Food prices have also been pushed higher by dry conditions in some key growing regions around the world.”

The Index, commissioned by DuPont to deepen the dialogue on food security, is prepared annually and evaluates the affordability, availability and quality of food across 107 countries. Each quarter, the Index is adjusted to reflect the impact of global food price fluctuations on each country’s food security. The adjustment is based, in part, on the quarter-on-quarter price change in the Food and Agriculture Organization of the United Nations (FAO) food commodity basket; prices climbed 3.4 percent in the three months ended March 2014 from the prior quarter.

Key Findings

  • Rising global food prices pushed down food security for more than two-thirds of countries in the first quarter of 2014.
  • Sugar and cereals prices rose the most over the past quarter, increasing by 8.1% and 7.5%, respectively.
  • Geopolitical concerns contributed to rising wheat and corn prices.

 Read the rull update and learn more about the Index online, http://foodsecurityindex.eiu.com/.

U.S. Global Development Lab to Help End Extreme Poverty by 2030 Launched

GlobalDevLab_Apr012014_smThe U.S. Agency for International Development (USAID) announced today the establishment of the U.S. Global Development Lab. The Lab and its 32 inaugural Cornerstone Partners will advance a science-and technology-based approach to development, creating a new global marketplace of innovations and taking them to scale to help end extreme poverty by 2030.

USAID believes the Cornerstone Partners bring cutting-edge technologies, deep expertise, advanced research and development capabilities, far-reaching networks of customers, suppliers and community organizations, and more than $30 billion in independent investments in emerging markets through science, technology, innovation and partnerships.

“Science and innovation bring an intrinsic value to efforts to solve the world’s biggest challenges such as food insecurity and poverty. We at DuPont are excited to join the USAID Global Development Lab as a part of our commitment to collaborating to deploy global science and local solutions to these challenges, ” said Jim Borel, Executive Vice President, DuPont.

The forum featured an expert panel discussed the value of  bringing together multiple partners with diverse expertise to find and scale solutions to the world’s most challenging problems. On the panel:

  • Jim Borel, Executive Vice President, DuPont
  • Helene Gayle, President and CEO, CARE USA 
  • Charlotte Petri Gornitzka, Director General for the Swedish International Development Agency
  • Jay Collins, Vice Chairman of Corporate and Investment Banking, Citigroup
  • Panel Moderator (invited): Paul Maritz, CEO, Pivotal

The Lab will support breakthrough solutions in water, health, food security and nutrition, energy, education, and climate change, reaching 200 million people in the next five years. To advance this approach, USAID is also increasing the number of scientists and technology experts in the Agency, including 65 fellows from the American Association for the Advancement of Science.

“To solve our most intractable development challenges, USAID has established a new way of working, bringing on board the best and brightest staff and new partners, all working in concert to help end extreme poverty,” said Shah. “The Lab will engage a global community of inventors, academics, researchers, entrepreneurs, investors, and corporate leaders in science and technology to invent, test, and scale the most promising and cost effective solutions to end extreme poverty.”

Read more about the Lab…

“American Food 2.0” Program Featured at World Expo in Milano 2015

The Friends of the U.S. Pavilion Milano, a coalition responsible for organizing the U.S. presence at Expo Milano 2015, have announced their launch, kicking off a year-long series of programs highlight the importance of food security and sustainability, to demonstrate the strength of U.S. ties with Italy and all of Europe, and to promote the diversity of American food.

“…we need to go to work to make sure that the pavilion is at the level that we want it to be, that it showcases the creativity and technology and capacities that we have with respect to both sustainability and long-term stability and growth and food security for a growing population on this planet,” said United States Secretary of State John Kerry

As the world convenes at Expo Milano 2015 to address the challenges of feeding 9 billion people by 2050, the Pavilion goal is to showcase American leadership and innovation in global food security, agriculture, and cuisine and plant the seeds for enhanced trade and investment between the United States and Italy in this sector.

usa-1“DuPont is proud to participate in the USA Pavilion at Expo 2015,” said Jim Borel, Executive Vice President, DuPont. “This global stage provides an opportunity to generate dialogue and collaborative action to feed a growing population. DuPont is committed to doing our part by making food more nutritious, safer and available to people everywhere.”

Under the theme “Feeding the Planet, Energy for Life,” Expo Milano 2015 will take place in Milan, Italy from May 1 through October 31, 2015. Like all World Expos, the event is intended to leave a cultural, social, scientific and technological legacy on a theme of global interest.  The United States of America will be one among at least 147 nations and regions represented at Expo Milano 2015.

For more information, visit: http://www.usapavilion2015.net/

About the Friends of the U.S. Pavilion Milano 2015
Friends of the U.S. Pavilion Milano 2015, a 501(c)(3) nonprofit organization, is a collaboration between the James Beard Foundation (JBF) and the International Culinary Center (ICC), in association with the American Chamber of Commerce in Italy, whose mission is to conceive, design, fundraise for, and produce the USA Pavilion and programs at Expo Milano 2015 under the auspices of the U.S. Department of State.

For more information, visit: http://www.usapavilion2015.net/ and http://en.expo2015.org/

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