• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
EC Responses to Soaring Food Prices
 

EC Responses to Soaring Food Prices

on

  • 2,891 views

Presentation given by Philip Mikos (DG Development) at the 7th Brussels Development Briefing - Brussels, 16 October 2008 - http://brusselsbriefings.net

Presentation given by Philip Mikos (DG Development) at the 7th Brussels Development Briefing - Brussels, 16 October 2008 - http://brusselsbriefings.net

Statistics

Views

Total Views
2,891
Views on SlideShare
2,890
Embed Views
1

Actions

Likes
0
Downloads
0
Comments
0

1 Embed 1

http://www.slideshare.net 1

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    EC Responses to Soaring Food Prices EC Responses to Soaring Food Prices Presentation Transcript

    • EC Responses to Soaring Food Prices Philip Mikos – DG Development Policies for the Sustainable management of natural resources
    • Contents
      • Setting
        • Food Price Developments
        • Political Scenery
      • EC Response
        • Communication COM321
        • Developing Countries: Non-Paper
      • Response Instruments
        • Humanitarian Instrument
        • FSTP
        • EDF 10 – B-envelope
        • Food Facility
    • Setting – Price Developments
    • Setting – Political Scene
      • UN HLTF
      • FAO Conference 3-5 June
      • EP Resolution 22 May
      • Council Conclusions 20 June
      • G8 Leaders 7-9 July
      • UN GA, 22-25 Sept
    • EC Response – COM 321
      • ‘ Tackling the Challenge of rising food prices. Directions for EU action’
      • On causes, prospects and impacts (EU and global)
      • Elements for EU response:
        • Actions to mitigate the effects of price increases in the short-medium term (intra-EU)
        • Actions to enhance agricultural supply in the long term (intra-EU)
        • Actions to address the crisis at international level:
            • DDA conclusion
            • Scale up humanitarian contribution
            • Providing development support
    • EC Response – DEV Non-Paper
      • Proposes EU response strategy with aim to significantly reduce the negative effects of the food price rises on the poorest consumers in developing countries, while at the same time encouraging a positive supply response from farmers in these countries.
      • Short, medium and long term actions, including:
        • Short: humanitarian response, financing of consumer needs, policy dialogue
        • Medium: expansion safety nets, rapid provision agricultural inputs
        • Long: agricultural investments, sustainable safety nets, risk management
    • Instruments – Humanitarian Assistance
      • Upfront mobilisation of resources
      • Additional allocation of € 140 million for food assistance -> € 363 million for 2008
      • To cover additional costs related to increase in food prices (and transport costs)
      • Working through International Organisations and NGOs
    • Instruments – FSTP 2008
      • First response from development instruments through reallocation of 2008 funds (€ 50 million)
      • Allocated to 12 priority countries
      • Coverage:
        • Safety nets/ social transfers
        • Agricultural production measures
      • DCI Committee July; Commission Decision August
    • Instruments – EDF 10 B-envelope
      • Up to Euro 200 million; additional allocation
      • 30 countries
        • Highly vulnerable
        • Hit by food price increases (Balance of Payments effect)
      • Mainly used for ‘fiscal compensation’ and urban safety nets
      • Budget support or project support (range of possible actors)
      • EDF Committee of 24 September -> Commission Decision in course of October
    • Instruments – Food Facility ?
      • EC proposal, adopted by Commission 18 July
      • Co-decision procedure
      • Parliament: Mitchell Report with amendments voted on 7 October
      • Discussions ongoing in Council
      • Main Issues
        • Budget Heading
        • Comitology
        • Implementing Organisations
    • Food Facility - Objectives and Scope
      • Aim: rapid and direct response to the increased food prices in developing countries
      • Primary objectives:
        • Encourage a positive supply response of the agricultural sector
        • Support activities to respond rapidly and directly to mitigate the negative effects of high food prices in line with food security objectives
    • Food facility – Key features of EC Proposal
        • Short-term: in-between emergency and long-term development cooperation
        • Time-bound: operational in two years (2009 and 2010), using 2008 and 2009 budget commitments
        • € 1 billion;
        • Focus on agricultural supply response; in some countries safety nets (preferably productive)
        • Contracts with International and Regional Organisations
    • Food facility - Implementation
      • List of target countries
      • Differentiated approach, dependent on development contexts and impact of soaring food prices in target countries
      • Eligible activities:
        • Improve access to agricultural inputs and services
        • Safety net measures (aiming at maintaining/improving agricultural productive capacity, and addressing the basic food needs of the most vulnerable populations)
      • Activities per country identified in collaboration with International and Regional Organisations
    • Food Facility - Indicative Time-schedule
      • Assumes successful discussions EP- Council-COM in weeks to come
      • September – December : technical preparations for Commission Decision
      • December: Adoption Regulation by co-legislators, entry into force Regulation
      • Late December: implementing Commission Decision
      • Early 2009: contracting and start implementation of first measures