Take next step on food hedging plan

Jul 1 2011NewsGuard 100/100 Score

"We are thrilled that the G-20 is taking the issue of financial risk management (i.e., hedging) seriously. … The next step is to translate this vision into operational reality," Ben Leo and Vijaya Ramachandran of the Center for Global Development write on the CGD's "Global Development: Views from the Center" blog. "We know that there are WFP staff who are eager to pursue these simple cost-saving and life-saving strategies. WFP management now has a green light to prepare a concept paper for the WFP board, which we hope will lead to one or more hedging pilots and a comprehensive strategy for advance purchases of food," they state (6/29).

http://www.kaiserhealthnews.orgThis article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.

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