(Bloomberg) -- The risk of global food production shocks and price spikes is rising due to increasingly intense storms and more frequent flood and drought events associated with warmer temperatures, U.S. and British researchers said Friday.
By 2040, the danger of a 1-in-100-year food production crisis is likely to rise to a 1-in-30-year probability, the U.K.-U.S. Taskforce on Extreme Weather and Global Food System Resilience said in a report for the British government. Concentration of production of maize, soybean, rice and wheat in a few major producers may amplify the shocks, showing the need to boost resilience of the world’s food system, they said.
“It is likely that the effects of climate change will be felt most strongly through the increasing frequency of extreme weather events such as droughts, heatwaves and floods and their impact on the production and distribution of food -- something we almost take for granted,” said Tim Benton, a professor of ecology at the University of Leeds in northern England.
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