In recent years, prices of agricultural land have increased quickly, actually doubling and tripling in many parts of the world. This land value reassessment has been prompted by rising crop prices and perceived land scarcity. But even as the value of land rises, land degradation continues and investments to prevent it are lagging. Awareness of environmental risks has moved to the forefront of global consciousness during the past 25 years.

The year 2011 highlighted ongoing challenges to global food security, from food price volatility, extreme weather shocks, and famine to unrest and conflicts. On the policy front, major devel­opments at the global and national levels both offered grounds for encouragement and pointed to areas where further action is needed.

This 2012 Global Food Policy Report is the second in an annual series that provides an in-depth look at major food policy developments and events. Initiated in response to resurgent interest in food security, the series offers a yearly overview of the food policy developments that have contributed to or hindered progress in food and nutrition security. It reviews what happened in food policy and why, examines key challenges and opportunities, shares new evidence and knowledge, and highlights emerging issues.

In addition to global developments and food policy changes, 2014 also saw important developments with potentially wide repercussions in individual countries and regions. This chapter offers perspectives on major food policy developments in various regions including Africa, the Middle East and North Africa, Central Asia, South Asia, East Asia, and Latin America and the Caribbean.

In 2011 two United Nations bodies adopted ambitious goals for halting land degradation and achieving sustainable development. These goals will be difficult, but not impossible, to meet. The evidence presented here suggests several avenues for achieving a world with no land degradation. First, efforts to promote sustainable land management need to improve local and national governance while also enhancing international cooperation.

By the year 2020 land degradation may pose a serious threat to food production and rural livelihoods, particularly in poor and densely populated areas of the developing world. Appropriate policies are required to encourage land-improving investments and better land management if developing countries are to sustainably meet the food needs of their populations.