Cocoa, olive oil and the like are becoming more expensive: the high prices are just the beginning. Extreme weather events as a result of climate changes are increasingly leading to crop failures, which further drives up prices.
Rising temperatures could drive food inflation by 3.2 percentage points annually until 2035, according to a new study. The EU is already preparing for potential food crises from climate change and other threats. The “Food Alert Alert project in Brussels’ looked at a variety of scenarios that could trigger food crises.