Robert Zoellick, President of the World Bank, has now joined the growing chorus of world leaders in urging for immediate action to deal with escalating food prices. This storm of rising prices is causing increased hunger around the world, and has incided protests, riots and deadly violence in a growing number of countries. (My post, Agflation: a food price tsunami on 4/12/08 provides good background.)
Zoellick reported that the World Bank is granting an additional $10 million for feeding programs in Haiti. He added that, ”and I understand others are looking to help.”
On Saturday, a United Nations police officer was killed in Port-au-Prince as the violence there continues. The deadly rioting was spawned by rising food prices.
Calling for the international community “to put our money where its mouth is,” Zoellick stated that action is needed now to help the hungry. “It is as stark as that,” he said.
The World Bank is asking governments not to delay in fulfilling their commitments to fund the emergency appeal from the United Nations World Food Program. Unless the WFP receives $500 million by May 1 its emergency relief feeding programs will have to be cut back.
Zoellick’s concern is that food prices have continued to rise even higher since the World Food Program issued its emergency appeal (see my post, extraordinary emergency appeal on 3/26/08). That adds to the ugency of governments making a timely response.
The World Bank is responding to the food price crisis in a number of other countris as well as Haiti with conditional cash transfer programs, seeds for planting, and providing food in workplaces.
Food prices have doubled over the past three years. This, according to the World Bank, could push people in low income countries deeper into poverty.
In my estimation, it’s not a question of “could.” This perfect storm of rising food prices is already tearing into the fragile security of the poor. Their children’s lives are at stake. The violence this storm is spawning is a natural result of desperate people responding by whatever means they have in a cry for help.
Violence is never the right answer. But if my child was starving and I couldn’t afford food…I would not hesitate to do whatever was necessary to get someone’s attention. Obviously it is working. At least Robert Zoellick and the World Bank has heard their cry.