As the world stands by, powerless witness to the tragic events unfolding in Ukraine, the cascading effects have already begun to ripple out impacting global food systems, energy, climate, economies, and myriad other facets of life in the farthest corners of the world.
Humanitarian, food, climate, and energy crisis:
Food — At the global scale, the agri-food market is suffering from skyrocketing prices of basic foods: According to the FAO Food Price Index, the average price of food was ranked 140.7 points for February alone, almost +4% from January and +20% from last year.