According to a report in the Financial Times, the document states, “Without immediate interventions in agriculture and agri-marketing systems the 2007 crisis will become structural in only a few decades.” The report also stresses that global food production must be doubled by the year 2050 in order to meet the needs of a growing world population.
The G8 document and agricultural summit come on the heels of a report delivered to a United Nations Food Policy conference in Thailand by Jacques Diouf, the director general of the UN's Food and Agricultural Organization (FAO), in which Diouf declared more than one billion people would go hungry this year as a result of the economic crisis and its impact on both food production and prices.
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