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Today at the World Summit on Food Security, there was plenty of lofty rhetoric. United Nation's Secretary-General Ban Ki Moon told delegates that "food is a basic right" and "our job is not just to feed the hungry, but to help the hungry feed themselves." And according to Bloomberg, Pope Benedict XVI  cited "greed which causes speculation to rear its head even in the marketing of cereals, as if food were to be treated just like any other commodity."

Fine words. But, like so many of the international meetings the past two years on the food crisis, missing from the various statements of government leaders were clear financial commitments and regulatory reforms to address failures in agricultural markets, like speculation.

When it comes to action, the summit represents an opportunity for the Obama administration to lead on a global stage (and according to a new USDA report released today, food insecurity is also hitting close to home). Just prior to the summit, IATP and over 20 other U.S. based organizations wrote to the Obama Administration with 10 ideas for action at the summit. Unfortunately, thus far,“Our officials, along with U.S. agribusiness, are spreading the myth that more intensive production can feed the world, a message that is not only incorrect but dangerous in terms of its harmful impacts on sustainable livelihoods for the majority of food producers, and its exacerbation of the converging climate, economic, water and energy crises,” the U.S. groups wrote. 

Today, we also delivered a specific proposal to government officials at the Rome meeting, urging their support for food reserves as a tool to better manage food supplies and address extreme volatility in agriculture markets. Last month, IATP and ActionAid USA organized a briefing in Washington on food reserves and how they might be used at the national, regional and international level.

IATP's Alexandra Spieldoch is in Rome following the discussions, briefing government officials and working with civil society organizations. Government leaders still have two more days to step up.