Food prices could increase further due to climate change's effect on inflation around the world: Study
Study Warns of Soaring Food Prices Linked to Climate-Driven Inflation Worldwide
In a comprehensive report by Julia Jacobo and Daniel Peck for ABC News, the looming threat of escalating food prices due to climate-induced inflation comes to light. Published in the journal Communications Earth & Environment, the study conducted by researchers at the Potsdam Institute for Climate Impact Research in Germany unveils the strong correlation between rising global temperatures and food inflation. Lead author Max Kotz underscores the significant impact of extreme weather events on agricultural productivity, serving as the primary driver of climate-driven inflation. With predictions pointing towards future disruptions in a fragile global economy, both high and low-income countries are poised to experience the repercussions. However, regions in the global south, particularly Africa and South America, are expected to bear the brunt of these impacts, given their susceptibility to higher temperatures. As emissions continue unabated, the severity of extreme weather events intensifies, exacerbating the already dire situation.
