This campaign has now closed
Big investment banks, like Goldman Sachs, are betting on the price of staple foods, like wheat, maize and soya. This is causing food prices to rise and making people go hungry. We need to educate the UK public and decision makers on the need to support EU regulation of food commodity markets.
Categories
Beneficiaries
Situation
Banks, hedge funds and pension funds are betting on food prices in the financial markets, causing drastic price swings in staple foods such as wheat, maize and soy. Massive price hikes are catastrophic for the world’s poor, who spend most of their income on food, and lead to: Increased hunger as food becomes unaffordable Malnutrition Increased burden on women Households using up savings, going into debt or selling assets to pay for food Families unable to afford healthcare and education
Solution
The first step in solving this problem is to regulate food commodity markets. WDM's educational and awareness raising materials are educating the public and key UK decision makers. The UK government needs to support proposed regulations being put forward by the European Commission. WDM's in-depth research and creative campaigning tools will ensure decision makers hear the voices of the public and not just financial lobbyists fighting for profits at the expense of people's lives.