2012 World Economic Forum's theme is "The Great Transformation: create a new model" the climate problem, or is no longer the subject of the conference this year, but analysts advise, climate factors on the world food can not be ignored.
Integrated media reported on January 24, the 42nd World Economic Forum Annual Meeting 2012, Winter World Economic Forum (World Economic Forum) on January 25 to 29 in the eastern town of Davos, Switzerland.
Usually in the beginning of each year, the World Economic Forum Annual Meeting to be held in Davos, the World Economic Forum, also known as the "Davos." The annual World Economic Forum Annual Meeting from dozens of countries have more than a thousand bit political, business leaders and news organizations to participate.
World Economic Forum has become the world's politicians, business people and leaders of civil society groups and discuss the world economy, the most important non-official meetings and conduct a private meeting, business negotiation one of the sites.
The occasion of the difficult global economy, 2012 Annual Meeting of concern. This year the theme of "The Great Transformation: create a new model." This theme shows, the World Economic Forum fully aware of the existence of the world in all areas of deep structural problems, the depth of change has been unavoidable.
But obviously, the world's climate may not be the 2012 Davos World Economic Forum's focus, but analysts believe that climate change can not be ignored.
Analysts said that due to climate factors have led to changes in food prices and food security, food production is declining and demand gap increases and other issues, should be in the World Economic Forum in 2012 to get attention.
Hedge fund adviser Mai Deli Global Advisors (MedleyGlobalAdvisors) chief executive David Philipp said, I believe that 2012 commodity prices will rise.
Green Alpha Advisors investment firm strategist Garvin Jabusch chairman, said the weather was a major factor in rising food prices. He said the weather change is slow, and only after in the long-term impact on food production, but large-scale, short-term drastic changes in weather or in just the next few years there.
Many analysts expect more severe weather, such as the highly destructive storms, drought, excessive delay, but large-scale seasonal flooding, damage to agricultural production will be largely.
In 2011, drought in the country after Russia halted grain exports, China suffered flooding became a net importer of soybeans. The world's largest reinsurers, Munich Reinsurance Company (Munich Re), said 2011 is the year of the most natural disasters, resulting in global loss of $ 380 billion.
Jabusch said the earthquake in 2011 unless the United States due to natural disasters lead to a loss of $ 12 billion, "the country's biggest loss ever."
Kachan and Co.'s Dallas Kachan said, in addition to weather factors led to the decline in food production, the increase in global demand for food production also contributed to higher global food price factors, is expected to grow as more and more advanced technology, agriculture will occur worldwide by 2012 Technology peak.
Although the global economic downturn in 2011, but soaring global commodity food prices.
The end of 2010, Blackstone (Blackstone) Byron Wien, vice president of the expected standard of living in developing countries with increased food demand from developing countries will increase substantially, commodity organizations will become an integral part of the portfolio. Wien expected corn prices will rise to $ 8 / ton of wheat will rise to 10 U.S. dollars / ton, soybeans will rise to $ 16 / ton.
According to the Food and Agriculture Organization (UN's Food and Agriculture Organization FAO) statistics show that as of December 2011, 55 grow food commodity prices rose for six months, hit 214.7 points higher than the 2008 high point.
Biofuels such as corn ethanol demand has also led to large global food commodity prices higher.
Green Alpha's Jabusch said, North Africa and the Middle East, "Arab Spring" is not so much caused by the awakening consciousness freedom uprising, as it is caused due to insufficient supplies riots. This is even more clearly the world's food supply. (Huanghao Yi)