Extreme weather events in 2021 triggered spikes in the prices of agricultural commodities, which remained elevated into 2022, as the unusual conditions that damaged crops resulted in ongoing shortages.
The price of goods including Brazilian coffee, Belgian potatoes and Canadian yellow peas — in demand as a protein substitute in plant-based foods — rose sharply last year in response to extreme temperatures and flooding.
Scientists have warned that these conditions will become more frequent and intense as climate change accelerates.
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