Recommendations:
1. Scale up investment in social protection and safety net programs to blunt shocks from food crises and rebalance donor funds to improve nutrition and reach small-scale producers.
2. Integrate resilience to climate change, gender and civil society partnerships into food security plans.
3. Support efforts to create a comprehensive code of conduct on food reserves to determine the viability and potential benefits of strategic buffer food reserves in countries vulnerable to food price volatility.
4. Adopt rules that, like the Dodd-Frank legislation in the U.S. and similar proposals in the E.U. would institute position limits and requirements for transparency on commodity speculation, especially those labeled “over the counter” (OTC).
5. Follow the recommendation of the report the G20 commissioned in 2011 from ten leading international organizations and abandon biofuel mandates and subsidies in order to help reduce food price volatility.
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