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India could take a hit of $49 bn in GDP amid volatile food prices: UN

2016-05-26 01:52:00| Climate Ark Climate Change & Global Warming Newsfeed

First Post: India could lose $49 billion in GDP if global food prices double in future, according to a new UN report which said the world will likely suffer from more volatile food prices due to rising populations. The UN Environment Programme-Global Footprint Network report, entitled 'ERISC Phase II: How food prices link environmental constraints to sovereign credit risk', features countries according to how badly they will be affected if global food commodity prices double. The report said if global...

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