In order to meet the basic food requirements for a growing population, we face the challenge of doubling the current global food production. According to OECD data, by 2050 the world’s population will reach 9.7 billion people. At the same time, further urban concentration is expected, particularly in Asia and Africa. This will directly impact consumption patterns, requiring more processed food and value-added products.
As a result, FAO estimates that, in order to satisfy the growing demand for beverages and food, world production needs to increase by 50%
What is more, climate change is causing natural disasters that reduce food availability and generate price volatility, posing a major challenge to achieve a sustainable food system. In fact, food insecurity has risen from 777 million undernourished people in 2015 to 815 million in 2017 according to FAO.
In addition to a climate change adaptation agenda, further discussion on responsible and sustainable use of the soil and water needs to take place. There are a number of actions and policies that G20 leaders could agree on that would help sustainable production with increased productivity and better integration into global value chains.
But, at the same time, G20 leaders need to address the distortive effects of technical and other protectionist barriers to trade that have a direct impact on investment incentives and trade flows because they add up to diminished food production and inevitably result in food insecurity.