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Pacific Island countries: Impact of rising costs of food, feed, fuel, fertilizer and finance Bulletin, June 2023 | Issue #2

Year of publication 2023

Place of publication Apia, Samoa ;

Pages 14

Author FAO

Publisher FAO ;

Product type Journal, magazine, bulletin

Synopsis (short abstract) This bulletin follows the release of the first report (published in November 2022) on the ways in which the indirect impact of rising wheat prices and increased energy and transport costs are affecting Pacific Small Island Developing States (SIDS), significantly threatening their abilities to advance national food systems transformation pathways. As people in the Pacific struggle with covering the costs of rising food and fuel prices, their food security and livelihoods are put at further risk. The Food and Agriculture Organization of the United Nations (FAO), in collaboration with the World Food Programme (WFP) and other United Nations agencies, supported ten Pacific SIDS government authorities in increasing their technical capacity to analyze, predict, plan, and respond to the impacts of the global crisis of food, energy and finance on national food systems. The joint initiative aimed at strengthening data collection and analysis, government capacity and cooperation with international financial institutions (IFIs) and development partners to understand, predict and respond to the impact of the war in Ukraine on agriculture and food security. This bulletin provides an updated analysis of the ongoing trends reflecting the unfolding impacts of the food, feed, fuel, fertilizer and finance (5F) crisis on agrifood systems in the Pacific throughout 2022. Whereas the trends highlighted in the former bulletin are continuing in the first quarter of 2023, Pacific SIDS governments have implemented measures to tackle inflation and to support their economies and populations’ livelihoods.

Language English

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