Although global food production has substantially increased in the past few decades, nearly 870 million
people still live in hunger today, most of them in South Asia and sub-Saharan Africa (Aggarwal et al.,
2013). Scientists project that increases in temperatures and shifts in rainfall patterns will have a significant impact on agriculture during this century. At the same time, the demand for food is increasing as the global population
Climate change has been identified as one of the most daunting challenges facing the world in this
century and it is particularly more serious in developing countries largely due to their geographic
exposure, low incomes, greater reliance on climate-sensitive sectors and weak capacity to adapt to the changing climate (IPCC, 2007). The world's most in-depth analysis of the economic costs and opportunities of climate change is The Stern
It is commonly agreed that one of the avenues for getting many of the poorest countries out of the low income
trap is to provide them with a big demand push that will generate enough demand complementarities to expand the size of markets and recover the fixed costs of industrialization. Natural resource wealth could be used to pursue this goal..