US Treasury Secretary: Climate Change Threatens Global Food Security

US Treasury Secretary Janet Yellen stressed that climate change is making it difficult to farm and in turn, threatens food security around the world.

Yellen said, during the closing session of the international summit, "The New Global Finance Pact," which was held during the past few days in the French capital, Paris, that conflicts not only threaten humanity but also prevent economic growth, contribute to the displacement of millions of people and increase illegal immigration in various parts of the world.

She noted that all these problems are not confined to a country alone, but it is a common responsibility of all countries of the world.

The US Secretary pointed out that there is a threat to global health, which in turn threatens the stability of economies and societies around the world, as the Corona pandemic led to the first increase in poverty that occurred in decades.

Yallin affirmed that innovative ways to obtain private capital to work with multilateral development banks were discussed, in order to respond quickly to global challenges and confront them.