Extreme climate events have resulted in considerable price increases for food items like rice, corn, cocoa, coffee, and potatoes. A report by international scientists underscores instances like a 280 percent surge in cocoa prices in April 2024 from heatwaves in Ghana and Ivory Coast. Price hikes were observed after severe weather, including a 300 percent increase in Australian lettuce prices after floods in 2022. Increased prices were also linked to drought conditions, including a 55 percent rise in global coffee prices following a 2023 drought in Brazil. The widespread impact of climate change on agriculture continues to escalate food costs globally.
A 280 percent spike in global cocoa prices occurred in April 2024, following a heatwave in Ghana and the Ivory Coast, according to the report.
The research indicates a 300 percent jump in lettuce prices in Australia after floods in 2022, demonstrating how extreme climate events impact food prices.
In September 2024, cabbage prices in South Korea saw a 70 percent increase, while rice prices in Japan increased by 48 percent due to heatwaves.
Maximillian Kotz stated that until net zero emissions are achieved, extreme weather will worsen, damaging crops and increasing food prices globally.
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