U.S. soybean oil futures, U.N. FAO edible oils index, and Malaysia palm oil futures, 2002-2022. Global edible oil prices have soared to all-time highs in 2022 on supply shocks. Graphic: Refinitiv / Reuters

Indonesia bans palm oil exports as global food inflation spikes – “Sky would be the limit for edible oil prices now”

By Fransiska Nangoy 22 April 2022 JAKARTA (Reuters) – Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock move that could further inflame surging global food inflation. The halting of shipments of the cooking oil and its raw material, widely […]

FAO Food Price Index (left) and FAO Food Commodity Price Indices (right), January 2021 - March 2022. Graphic: FAO

The FAO Food Price Index makes a giant leap to another all-time high in March 2022

8 April 2022 (FAO) – The FAO Food Price Index (FFPI) averaged 159.3 points in March 2022, up 17.9 points (12.6 percent) from February, making a giant leap to a new highest level since its inception in 1990. The latest increase reflects new all-time highs for vegetable oils, cereals, and meat sub-indices, while those of […]

Changes in Amazon vegetation resilience since the 1990s and from 2003. (a) A map of the Kendall τ values of individual grid cells from 2003. (b) Histogram of the Kendall τ values for the Amazon rainforest, considering data from 2003 onwards. Of the grid cells, 76.2 percent have a positive Kendall τ value from 2003 onwards and 77.8 percent have this for the full time series. (c) Mean Vegetation Optical Depth (VOD) AR(1) time series (solid line) along with ±1 s.d. (dotted lines) created from grid cells that have BL fraction ≥80 percent in the Amazon basin and also contain no human land use (main text and Methods). The full AR(1) time series from 1991 (grey) has a Kendall τ value of 0.589 (P = 0.006) and from 2003 (black), a value of 0.913 (P 

The Amazon Rainforest is approaching a tipping point beyond which it would become savannah – “When it will be observable, it would likely be too late to stop it”

By Eric Shank 14 March 2022 (Salon) – A vast expanse of unique biological diversity hangs in the balance as the “lungs of the world” approach a tipping point from which there is no recovery. The Amazon Rainforest is losing its ability to regenerate, reported a peer-reviewed study, Monday, in Nature Climate Change. For 10% of all known species on […]

Aerial view of an area in the Amazon deforested for the expansion of livestock, in Lábrea, Amazonas state. The Amazon is still covered in smoke and torn by criminal and unrestrained destruction, according to overflights produced by the Amazon in Flames Alliance, organized by Amazon Watch, Greenpeace Brazil and the Brazilian Climate Observatory. The expedition took place between September 13th and 17th 2021, in the cities of Porto Velho (Rondônia state) and Lábrea (southern Amazonas state). Photo: Victor Moriyama / Amazônia em Chamas / Greenpeace

Brazil detects record Amazon deforestation in January and February 2022 – Forest destruction rate in 2021 was highest in ten years

By David Biller 11 March 2022 RIO DE JANEIRO (AP) – Detected deforestation in the Brazilian Amazon reached a record high for the month of February following a similar record the prior month. Satellite alerts of deforestation in February corresponded to 199 square kilometers (77 square miles), the highest indicator for that month in seven […]

Fisherman Walter de la Cruz sits on the shore of the oil-stained Cavero Beach, unable to fish after a spill in the Ventanilla district of Callao, Peru, 21 January 2022. De la Cruz, 60, is one of more than 2,500 fishermen whose livelihoods have been cast into doubt as a result of a large crude-oil spill by the Spanish-owned Repsol oil refinery on 15 January 2022. Photo: Martin Mejia / AP Photo

Peru’s “worst ecological disaster” slams small-scale fishing – “I saw the fruits of my livelihood destroyed. It’s like if you have a store and someone comes and sets it on fire.”

By Franklin Briceño 13 March 2022 CIUDAD PACHACUTEC, Perú (AP) – Walter de la Cruz scrambled down a large sand dune in the fog to reach a rock overlooking the Pacific Ocean, where he has fished for three decades. He cast a hook into the waters off Peru’s coast several times, with no luck. One […]

FAO Food Price Index, January 1961 - February 2022. In February 2022, the FAO Food Price Index (FFPI), averaged 140.7 points, up 5.3 points (3.9 percent) from January and as much as 24.1 points (20.7 percent) above its level a year ago. This represents a new all-time high, exceeding the previous top of February 2011 by 3.1 points. The February rise was led by large increases in vegetable oil and dairy price sub-indices. Cereals and meat prices were also up, while the sugar price sub-index fell for the third consecutive month. Graphic: FAO

FAO Food Price Index rose to new all-time high in February 2022

4 March 2022 (FAO) – The FAO Food Price Index (FFPI) averaged 140.7 points in February 2022, up 5.3 points (3.9 percent) from January and as much as 24.1 points (20.7 percent) above its level a year ago. This represents a new all-time high, exceeding the previous top of February 2011 by 3.1 points. The […]

Map showing no-contest elections, coups, and power grabs globally in 2021. Numbers indicate score declines for events in 2021, on a 100-point scale, in the 2022 edition of the “Freedom in the World” report. Coups were more common in 2021 than in any of the previous 10 years. Graphic: Freedom House

The global expansion of authoritarian rule – “The present threat to democracy is the product of 16 consecutive years of decline in global freedom”

By Sarah Repucci and Amy Slipowitz 24 February 2022 (Freedom House) – Global freedom faces a dire threat. Around the world, the enemies of liberal democracy—a form of self-government in which human rights are recognized and every individual is entitled to equal treatment under law—are accelerating their attacks. Authoritarian regimes have become more effective at […]

Cumulative global insured losses by peril in 2021. Aggregated costs for insurers have been largely dominated by the Tropical Cyclone and Severe Weather perils this century. The two perils combined for more than $1 trillion, or 60 percent of the total cumulative industry losses, of which roughly 74 percent was incurred in the United States. The Severe Convective Storm peril has also increasingly separated itself as accounting for the highest number of billion-dollar events. Graphic: Aon

Aon: 2021 was third costliest year on record for weather and climate-related events – Germany, Belgium, Austria, Luxembourg, and China recorded the costliest insurance industry events on record

CHICAGO, 25 January 2022 (Aon) – Aon plc (NYSE: AON), a leading global professional services firm, today published its 2021 Weather, Climate and Catastrophe Insight, which evaluates the increasing frequency and severity of disruptive natural disasters and how their resulting economic losses are protected globally. This data serves as the foundation for insights that can help […]

Global greenhouse gas emissions, 1990-2020. The reduction in emissions in 2020 due to the COVID-19 pandemic and global recession was 10 times greater than the impact on emissions from the 2008 global financial crisis. Graphic: Rhodium Group

Global greenhouse gas reduction in 2020 from pandemic and global recession “was 10 times greater than the impact on emissions from the 2008 global financial crisis”

By Alfredo Rivera, Shweta Movalia, Hannah Pitt, and Kate Larsen 23 December 2021 (Rhodium Group) – Understanding annual trends in greenhouse gas (GHG) emissions is a critical input for decision-makers in their efforts to reach net-zero emissions, whether is at the national, state, city, or corporate levels. Tracking emissions of the 190+ Parties to the […]

Aerial view of deforestation in Labrea in the Brazilian Amazon rainforest in September 2021. Photo: Victor Moriyama / Amazônia em Chama / Greenpace Disclosure

Amazon deforestation soars to 15-year high – “This is not surprising. The result of pulling apart Brazil’s environmental policy is deforestation.”

By Manuela Andreoni 19 November 2021 RIO DE JANEIRO (The New York Times) – Brazil’s pledge this month to end illegal deforestation in eight years drew much praise from global leaders, but an official report this week cast doubt on that commitment after it showed that the rate of deforestation in the Amazon rainforest was at its […]

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