G20

Agriculture is in desperate need of capital investment, especially to feed 10 billion people in 2050. After 30 years of underinvestment through removal of agricultural development funding and poor prices, there are now signals for farmers to do more.

As the G20 convenes, policy on food price volatility is top of mind. Price caps will fundamentally destroy any investment in agriculture – including by farmers themselves.

People should not be left to go hungry. Food security should be dealt with in social safety net structures that ensure the poorest get supplemental income to buy food. Sending the wrong signal to agriculture right now, could be counter productive.