The hidden connection between climate change and your grocery bill
Why are your favourite foods getting so expensive? One big reason is climate change. From olive oil to coffee to chocolate, we expose how extreme weather events are pushing up grocery prices worldwide.
In this episode of Espresso Economics, we explain:
🥦 how floods, droughts and heatwaves disrupt the food supply
💶 why young people can be among the hardest hit when prices spike
🌱 what you (and policymakers) can do to fight back
👩🎓 With insights from the ECB’s Miles Parker, we show how climate shocks affect our wallets, health and politics – and why there’s still hope for change.
👉 Have you noticed food prices rising? Let us know in the comments!
⌚ Timestamps
00:00 Intro
00:26 The climate price tag
01:49 Examples of food price spikes
03:17 The ripple effect
04:52 What can we do about it?
06:09 Grounds for optimism
07:24 Wrap up
🔬 Sources
Climate extremes, food price spikes, and their wider societal risks: https://iopscience.iop.org/article/10...
Barcelona Supercomputer Center - Centro Nacional de Supercomputación: https://www.bsc.es/news/bsc-news/coun...
Want to find out more about what the European Central Bank is doing about climate change? Have a look here: https://www.ecb.europa.eu/ecb/climate...
📱 Stay connected with us
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ECB LinkedIn: / european-central-bank
ECB WhatsApp: https://www.whatsapp.com/channel/0029...
Disclaimer
The views expressed in this video do not necessarily reflect those of the ECB. The information presented is:
• of a general nature and not intended to address the specific circumstances of any particular individual or entity;
• sometimes linked to external websites over which the ECB has no control and for which the ECB assumes no responsibility;
• not intended to constitute professional or legal advice
• some historical images used under public domain or Wikimedia Commons licensing. Use subject to licence terms. Final responsibility for rights clearance rests with the content producer.
Non-English translations (including subtitles and the automatic dubbing feature) are automatically generated by YouTube, and the ECB assumes no responsibility for their accuracy.
#ClimateChange #FoodPrices #EspressoEconomics