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Climate threat to world's poor is underestimated: Oxfam
Reuters) - Climate change may pose a much more serious threat to the world's poor than existing research has suggested because of spikes in food prices as extreme weather becomes more common, Oxfam said on Wednesday.
More frequent extreme weather events will create shortages, destabilize markets and precipitate price spikes on top of projected structural price rises of about 100 percent for staples such as maize over the next 20 years, the charity said in a report.
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