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earthquake and tsunami in Japan; the severe floods or storms in Brazil, Pakistan, the Philippines, Tai- land, and the United States; and the drought in the Horn of Africa imposed large economic losses during the year. According to the International Disaster Database, more than 200 natural disas- ters, affecting nearly 100 million people around the world, occurred during the year.2 Munich Re, a reinsurance company in Germany, estimated that 2011 natural disasters imposed economic losses of a record US$380 billion—more than double those of 2010 and far above the record losses of 2005.3 Poor and hungry people are particularly suscep- tible to these natural shocks. In the Horn of Africa, severe drought due to


consecutive poor rainy seasons was the worst experienced in 60 years. Extreme drought condi- tions triggered a widespread crisis in the region that was especially catastrophic in Somalia. Many parts of the Horn, especially the lowland areas, saw large crop losses, significant depletion of graz- ing resources, skyrocketing food prices, and sub- stantial livestock and human mortality. Te dire situation atracted belated policy and media aten- tion as more than 13 million people, principally pastoralists and farmers, were affected and their food and nutrition security was severely under- mined. Vulnerable groups such as women and children experienced acute food insecurity and undernutrition. Te United Nations Children’s Fund reported that more than 320,000 children suffered from severe malnutrition at the height of the crisis. Droughts in the Horn of Africa are not new,


but the scale of the 2010–11 crisis has been unusual. Although exposure to natural shocks is inevitable, human vulnerability to these shocks is not. Reducing vulnerability means improving society’s ability to cope and build resiliency in the face of future shocks. Given the severity of the drought in the Horn of Africa and the frequency of humanitarian emergencies in the region, a con- certed effort is needed to catalyze a transforma- tion, combining innovation, experimentation, and political commitment to enhance resiliency and mitigate the chronic stresses that also impede progress in the region.


CLIMATE CHANGE


Te record-breaking extreme weather events of 2011 suggested that climate change will put addi- tional pressure on world agriculture in the com- ing decades. Te year provided more evidence that greenhouse gas emissions are rising and that climate change is already affecting agricul- tural productivity. Te encouraging progress made at the annual


climate conventions in 2010 in Cancun and in 2011 in Durban helped address the disap- pointment created by the failure of the 2009 Copenhagen negotiations to result in binding commitments and gave a greater place to agricul- ture in global climate change negotiations. A key result was the creation of the Durban Platform for Enhanced Action. Tis platform, which includes all the Kyoto Protocol signatories plus the United States, is a mechanism for forging a treaty by 2015, whose goal is to bring both developed and developing countries together under a legally binding agreement by 2020. Outside of formal negotiations, countries and


regions are proceeding with their own efforts to adapt to and mitigate climate change, even in the face of a difficult macroeconomic climate. China, India, and Kenya, for instance, have all undertaken significant agricultural adaptation and mitiga- tion activities. Te progress made at the national and subnational levels should not overshadow the principle of common but different responsibili- ties, enshrined in the United Nations Framework Convention on Climate Change text. Rather, these national and subnational activities could be the basis of a binding multilateral agreement to pursue low-emission development strategies.


BIOFUELS


Biofuel policy changes in 2011 were dominated by the European Union, the United States, and Brazil. In the United States, the Biofuels Market Expansion Act of 2011 came into law, and debate centered on whether the Volumetric Ethanol Excise Tax Credit—a tax credit for blending etha- nol into gasoline—should be repealed. Research suggests that this tax credit, combined with the


OVERVIEW 3


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