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Why Is the World Facing a Food Crisis?

The world is facing rising food prices that are hitting poor and developing countries hardest. Even before COVID-19 reduced incomes and disrupted supply chains, chronic and acute hunger were on the rise due to factors, including conflict, socio-economic conditions, natural hazards, climate change and pests. In this episode of The Development Podcast we explore the challenges potential solutions to the food price crisis and hear from a restaurant owner in Cairo who is struggling with the rising cost of bread.

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Our Mission

The World Bank Group has two goals,

to end extreme poverty and promote shared prosperity in a sustainable way

Who we are


We engage the development community with real-world statistics

Agriculture is crucial to economic growth: in 2018, it accounted for 4% of global gross domestic product (GDP) and in some least developing countries, it can account for more than 25% of GDP.

But agriculture-driven growth, poverty reduction, and food security are at risk: Multiple shocks – from COVID-19 related disruptions to extreme weather, pests and conflicts – are impacting food systems, resulting in higher food prices and growing hunger. Read more


We support countries' poverty reduction strategies


We provide analysis and advice for developing countries

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We help developing countries find solutions to the toughest global and local development challenges—from adapting to climate change to boosting food security to increasing access to energy.

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