The Global Parliamentary Forum on the side lines of the World Bank/IMF Annual meetings engages Parliamentarians in a dialogue on development and matters related to the global economy, with discussions between MPs, experts of the World Bank Group and the IMF, and other stakeholders. The goal is to share ideas around policy challenges and solutions on pressing issues with other members of the Network and development experts.
This year’s meeting will continue discussing the food crisis from the perspective of supply chain disruptions, and the urgent need for climate financing amidst limited fiscal space.
In July 2022, heads of agencies issued a statement calling for urgent action to address global food security crisis. The statement stresses that the disruption in supply chains, the pandemic, combined with the war in Ukraine, have severely disrupted the intertwined food, fuel, and fertilizer markets. Increasing food prices have led to export restriction in many countries, exacerbating the food crisis for the most vulnerable.
The statement calls for prioritizing immediate support to the vulnerable, facilitating trade and international food supply, increasing food production, and investing in climate-resilient agriculture.
Lawmakers have to operate in the limited fiscal space left by the pandemic to address these problems. Innovative policy solutions become essential and urgent, as is building the capacity of governments to anticipate and prepare for future challenges. This meeting aims to filter out applicable solutions that can be considered across countries.
The International Secretariat will provide you with the agenda of the event and the connection details in due time. For any further information, please contact pmartini@parlnet.org or parliamentarians@worldbank.org.