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Commodity Market Review







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    Commodity market review 2001-2002 2002
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    This year’s Commodity Market Review (CMR), FAO’s annual publication on food and agricultural commodities and trade, introduces some innovations over earlier editions. The main focus of the CMR in the past was on a review of developments in commodity markets, describing the current situation and the shortterm outlook. This new edition includes five analytical articles which look beyond the current situation and outlook to explain in more detail and explain some of the implications of factors whic h shape commodity market developments and topical policy issues. In this edition there are articles on long term trends in basic foodstuffs prices, the influence of oil prices on agricultural commodity prices, tariff peaks and tariff-cutting formulae, African food deficits and surpluses, and the impact of the Uruguay Round Agreement on Agriculture. The situation and outlook of food and agricultural commodity markets is still here in Part II of the new publication, but in a slightly condensed for m. Market reviews are presented for 19 food and agricultural commodities.

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    The FAOSTAT emissions database is composed of several data domains covering the categories of the IPCC Agriculture, Forestry and Other Land Use (AFOLU) sector of the national GHG inventory. Energy use in agriculture is additionally included as relevant to emissions from agriculture as an economic production sector under the ISIC A statistical classification, though recognizing that, in terms of IPCC, they are instead part of the Energy sector of the national GHG inventory. FAO emissions estimates are available over the period 1961–2018 for agriculture production processes from crop and livestock activities. Land use emissions and removals are generally available only for the period 1990–2019. This analytical brief focuses on overall trends over the period 2000–2018.
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    The FAO Strategy on Climate Change 2022–2031 was endorsed by FAO Council in June 2022. This new strategy replaces the previous strategy from 2017 to better FAO's climate action with the Strategic Framework 2022-2031, and other FAO strategies that have been developed since then. The Strategy was elaborated following an inclusive process of consultation with FAO Members, FAO staff from headquarters and decentralized offices, as well as external partners. It articulates FAO's vision for agrifood systems by 2050, around three main pillars of action: at global and regional level, at country level, and at local level. The Strategy also encourages key guiding principles for action, such as science and innovation, inclusiveness, partnerships, and access to finance.