Ruto: Global food crisis now eating into 12pc of world economy

President Ruto (left) with Ethiopia's Prime Minister Abiy Ahmed during United Nations Food Systems Summit Stocktake. [PCS]

President William Ruto says climate change, biodiversity loss and weak governance are pushing global food systems to the brink, with losses nearly equivalent to 12 per cent of global gross domestic product.

Speaking in Ethiopia ahead of the Second United Nations Food Systems Summit Stocktake, Ruto on Monday said environmental degradation, erratic weather and fragile supply chains are fuelling food price volatility, despite positive production forecasts.