Report Theme: Agricultural Trade, Climate Change and Food Security
- The role of emerging economies in global agricultural markets has increased since 2000. Growing income per capita and reduced poverty boosted food consumption and imports, while increases in agricultural productivity led to growing exports.
- Developing countries are increasingly participating in international markets. South–South agricultural trade has also expanded significantly. For Least Developed Countries, agricultural imports have grown faster than exports.
- Climate change will affect world regions unevenly. It is already affecting vulnerable countries and will pose a major threat to their food security.
- Agricultural trade can help in adapting to climate change and in ensuring food security. It can support adaptation efforts by stabilizing markets and reallocating food from surplus to deficit regions.
- In principle, there is no fundamental conflict between climate change policies and multilateral trade rules. Various provisions of the WTO can accommodate the implementation of climate-related policies of the Paris Agreement.