OECD FAO Agricultural Outlook 2021-2030

• The Organization for Economic Co-operation and Development and the UN Food and Agriculture Organization (FAO) has released the report titled “OECD-FAO Agricultural Outlook 2021-2030”.
• It provides a consensus assessment of the ten-year prospects for agricultural commodity and fish markets at national, regional, and global levels, and serves as a reference for forward-looking policy analysis and planning.

Key points:

• Average global food availability per person is projected to grow by 4% over the next ten years, reaching just over 3 025 kcal/day in 2030.
• Consumers in middle-income countries are projected to increase their food intake most significantly, while diets in low-income countries will remain largely unchanged.
• In Sub-Saharan Africa, where 224.3 million people were undernourished in 2017-19, daily per capita calorie availability is projected to increase by only 2.5% over the next decade to 2500 kcal in 2030.

• At the global level fats and staples are expected to account for about 60% of additional calories over the next decade and provide 63% of available calories by 2030.
• Fruits and vegetables would continue to provide only 7% of available calories.
• The biofuel sector would expand at a much slower pace than over the past two decades.
• Public and private investments have in enhancing productivity.
• Over the coming decade, global agricultural production is projected to increase by 1.4% p.a., with the additional output to be predominantly produced in emerging economies and low-income countries.
• Investments in improving yields and improved farm management will drive growth in global crop production.

• A large share of the projected 14% production growth in livestock and fish production will come from productivity improvements.
• Aquaculture production is expected to overtake capture fisheries production in 2027 and account for 52% of all fish production by 2030.
• The carbon intensity of agricultural production is expected to decline over the coming decade.
• Direct agricultural greenhouse gas (GHG) emissions are projected to grow at a lower rate than agricultural production.
• Globally, the share of imported calories in total consumption is expected to stabilize at about 20%
• International prices of most agricultural commodities increased in the second half of 2020, due to demand in China and constraints on global production growth.

Food and Agriculture Organisation (FAO):

• It is a specialized agency of the United Nations that leads international efforts to defeat hunger.
• Established in 1945,
• Headquarters: Rome, Italy.
• It was founded with a goal to provide food security for everyone and assure that people will have access to high-quality food in sufficient quantities to achieve a healthy lifestyle.

Organisation for Economic Co-operation and Development (OECD):

• It is an international, intergovernmental economic organization.
• OECD originated in 1948, as the Organisation for European Economic Co-operation (OEEC).
• OEEC was renamed as the OECD in 1961 when the USA and Canada joined
• Currently, it has 38 Member countries
• The objectives of the OECD include fostering economic development and cooperation and fighting poverty through the promotion of economic stability.
• India is not member of OECD
• Headquarter: Paris, France.