New Analysis Maps 16 Food Price Spikes Driven by Climate Extremes
SOUTH KOREA, JUL 21 – A study links extreme heat, droughts, and floods to significant food price spikes, including a 70% rise in South Korean cabbage and a 280% increase in global cocoa prices.
- On Monday, researchers from the Barcelona Supercomputing Center and the European Central Bank published analysis tracing price jumps to extreme weather linked to climate change.
- El Niño from 2023 to 2024, the study's authors say, likely influenced observed extreme weather, highlighting climate change's role in food price inflation.
- After an Asia heat wave last year, Chinese vegetable prices rose over 40%, and South Korean cabbage prices increased 70%.
- Grocery prices, according to the Energy and Climate Intelligence Unit, made UK households' food bills 361 pounds higher in 2022–23, while grocery prices influenced key elections in the US, UK, and Argentina.
- Beyond immediate impacts and slashing greenhouse gas emissions, the study's authors recommend that countries adopt policies to help consumers manage rising food prices.
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Heat, drought and heavy rain are costing important foods worldwide – not only long-term, but practically immediately, a study shows. This could have a negative impact on human health.
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Total News Sources39
Leaning Left6Leaning Right4Center8Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 33%
C 44%
R 22%
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