News

The FAO Food Price Index (FFPI) averaged 122.3 points in June 2023, down 1.7 points (1.4 percent) from May, continuing the downward trend and averaging as much as 37.4 points (23.4 percent) below the peak it reached in March 2022.

• To stay on track for no more than 1.5 ̊ global warming, agriculture must slash its emissions by nearly 80%, according to a new report from McKinsey & Company.
• Farmers play a critical role in this process, but financial and other burdens stand in the way of wide-scale adoption of many of the technologies needed to decarbonize the sector.
• A number of measures for decarbonization can assist farmers and at the same time create real business value for others in the agrifood value change, including policymakers, industry players and investors.

The amount of direct damage caused by the explosion of the Kakhovka HPP is at least USD 2 billion. This includes losses in the housing and utilities sector, energy, agriculture, transport, environment, and industry. These data are presented in the first analysis carried out by the KSE Institute, an analytical unit of the Kyiv School of Economics, in cooperation with the Office of the President of Ukraine, the Ministry of Economy and the Ministry for Communities, Territories and Infrastructure Development.

On 29 June, the Verkhovna Rada of Ukraine ratified the Agreement between Ukraine and the European Union on Ukraine’s participation in the EU’s Fiscalis programme for cooperation in the field of taxation.