World Food Policy WFP Volume 4, No. 2, Spring 2018

World Food Policy 4. Policy Implications sidies for fertilizer, water and energy and putting the financial savings into productivity-enhancing investments will boost agricultural growth and si- multaneously reduce GHG emissions. Promotion of healthy diets has even higher benefits under climate change, because it can also reduce GHG emis- sions. Finally, the increased variability in production over time due to climate change can increase the benefits from removal of agricultural trade and mac- roeconomic distortions. Open trade becomes even more important because climate change will increase the reli- ance of many developing countries on food imports. P opulation and income will con- tinue to drive growth in food de- mand in coming decades. Food and nutrition security are projected to improve, but climate change will slow this progress. Enhanced agricultural investments would dramatically boost the progress in reducing hunger. The key areas of increased investment are agricultural research and develop- ment; rural infrastructure, including roads and electricity; and irrigation and water use efficiency. Policies that are complementary to investments are also important. Removal of sub- 18

World Food Policy WFP Volume 4, No. 2, Spring 2018 | Page 22