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The fifth tolling of the IPCC bell

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The first release of the IPCC's AR5.

The first release of the IPCC’s AR5.

The Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) will begin to be released this week. Between 2013 September and 2014 November, what is now widely referred to as the ‘AR5’ (the fifth assessment report) will be released in stages as the three working groups present their completed work and finally when the overall synthesis report is delivered. AR5 will be the most comprehensive assessment of scientific knowledge on climate change since 2007 when Fourth Assessment Report (AR4) was released.

From around early August, the popular media has begun – in a typically lethargic and lazy manner, choosing to look for controversy rather than the very clear IPCC warnings – to report on the series of releases that will be AR5. But despite the strenuous efforts of the oil and gas industry PR firms, of the automobile industry lobbyists, of the carpetbaggers for the financiers and the banks that have propped up for decades the whole damned mess, even so, the messages have come out and together they are stark and strong.

IPCC_WG1_processExtreme weather events, including heatwaves and storms, have increased in many regions while ice sheets are dwindling at an alarming rate. In addition, sea levels are rising while the oceans are being acidified. From climate change experts to spokespersons of small island states, governments have been told bluntly to end their dithering about fossil fuels and start working to create a global low-carbon economy to curtail global warming.

What it all coalesces into we will begin to see this week. Consult the handy factsheet for WG I that explains how much drafting and reviewing the first release has emerged from. And here is the time-table for the AR5:

The contents of the Working Group I report in 14 packed chapters.

The contents of the Working Group I report in 14 packed chapters.

Working Group I assesses the physical science basis of the climate system and natural and anthropogenic climate change (release 2013 September 23-27 in Stockholm, Sweden). [You will find all material for this release at the website devoted to this group’s work.]
Working Group II assesses the vulnerability of socio-economic and natural systems to climate change, negative and positive impacts of climate change, and options for adapting to it (release 2014 March 25-31 in Yokohama, Japan).
Working Group III assesses options for mitigating climate change through limiting or preventing greenhouse gas emissions and enhancing activities that remove them from the atmosphere (release 2014 April 07-12 in Berlin, Germany).
The Synthesis Report will integrate material contained within IPCC Assessment Reports and Special Reports, based exclusively on material contained in the three Working Group Reports and Special Reports produced during the 5th or previous Assessment Cycles, and will be written in a non-technical style suitable for policymakers and address a broad range of question relevant to policy (release 2014 October 27-31 in Copenhagen, Denmark).

[You’ll find more on the websites of the IPCC’s three working groups – Working Group I: The Science of Climate Change; Working Group II: Impacts, Adaptation and Vulnerability; Working Group III: Mitigation of Climate Change – and the Task Force on Greenhouse Gas Inventories. See the chapter contents of the World Group I report here.]

IPCC_AR5_technical_summary_imageThese details have been missed by the press, some of whom are still spreading the canard that climate change science is beset by uncertainty (it is not, dear biased editor of the Los Angeles Times), or that the IPCC will try “to explain a hiatus in the pace of global warming this century” (look at the charts and read the graphs, Reuters), or that a “global warming pause is central to IPCC climate report” (tell me, BBC, where is the real centre of 14 dense chapters?), or that “the findings muddy the picture about how much carbon dioxide output is affecting the climate” (why, Bloomberg Businessweek, is the truth of climate data so difficult to digest for a news group used to copious amounts of finance data?).

IPCC-AR5-WG1-reviewBeyond and above the efforts of the mainstream press and media to play down the stark and clear warning that demands immediate action, the AR5 will place greater emphasis on assessing the socio-economic aspects of climate change and its implications for sustainable development. New features to look for in the AR5 will include: a new set of scenarios for analysis across Working Group contributions; dedicated chapters on sea level change, carbon cycle and climate phenomena such as monsoon and El Niño; much greater regional detail on climate change impacts, adaptation and mitigation interactions; inter- and intra-regional impacts; and a multi-sector synthesis.


How ‘sticky’ is food inflation? What the FAO food index really says

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Using the just released FAO food index update for 2011 August, I have compared the two periods of high food prices, the earlier one in 2007-08 and the continuing period of 2010-11.

Between 2007 Dec and 2008 Sep: for 8 months the Food Index was above 200, and for 10 months the Cereals Index was above 200.

Between 2010 Sep and 2011 Aug: for 11 months the Food Index has been above 200, and for 12 months the Cereals Index has been above 200.

This is the longest period in the last ten years that the FAO food index has been at such a level. This is the backstory of the FAO Food Price Index.

Let’s turn to what the FAO has said about the 2011 August update.

World food prices remained virtually unchanged between July and August 2011. The Index averaged 231 points last month compared to 232 points in July. It was 26% higher than in August 2010 but seven points below its all-time high of 238 points in February 2011. Within the index, cereals prices rose, reflecting the fact that although cereal production is expected to increase, it will not do so by enough to offset the additional demand, so that stocks continue to be low and prices continue to be high and volatile.

The FAO Cereal Price Index averaged 253 points in August, up 2.2%, or 5 points, from July and 36% higher than in August 2010. However, the firmer cereal prices were largely offset by declines in international prices of most other commodities included in the Food Price Index, oils and dairy products in particular.

Cereal price rises stem from a supply and demand balance that remains tight despite the anticipated increase in production. World cereal production in 2011 is now forecast to reach 2,307 million tonnes, 3% higher than in 2010. But this latest forecast is nearly 6 million tonnes lower than the previous forecast published in July.

Among the major cereals, the maize supply situation is a cause for concern following downward revisions to maize crop prospects in the United States, the world’s largest maize producer, because of continued hot weather in July and August. Average wheat prices were also up 9% in August given the strong demand for feed wheat and shrinking supplies of high quality wheat. Nonetheless, world wheat production is forecast to increase by 4.3% (or 28 million tonnes), only 4 million tonnes below the 2009 record.

World coarse grain production is still heading for a record level of 1,147.5 million tonnes, up 2.4% (or 27 million tonnes) from 2010, in spite of lowered maize production prospects in the United States, the world’s largest maize producer. Rice prices also gained with the benchmark Thai rice price up 5% from July, driven by a policy change in Thailand, the world’s largest rice exporter, where paddy rice will be purchased from farmers at above market prices. Global rice production prospects remain favourable, however, with output set to reach a new high of 479 million tonnes, up 2.5% from 2010.

Total cereal utilization in 2011-12 is forecast to increase by 1.4%, almost matching anticipated 2011 production. As a result, global cereal inventories by the close of seasons in 2012 are likely to remain close to their already low opening levels. Only rice stocks are expected to increase significantly, supported by record production. Wheat inventories are likely to decline to their lowest level since 2009 and world stocks of coarse grains are also forecast to plunge, with maize inventories falling to 124 million tonnes, their lowest level since 2007. Given the tight global supply and demand balance for coarse grains, its stocks-to-use ratio is forecast to fall to a historical low of 13.4%.

The FAO Oils/Fats Price Index averaged 244 points in August, following a declining trend since March but still remaining high in historical terms. The FAO Dairy Price Index averaged 221 points in August, significantly down from 228 points in July and 232 points in June, but still 14% higher than the same period last year. The FAO Meat Price Index averaged 181 points in August, up 1% from July. The FAO Sugar Price Index averaged 394 points in August, down 2% from July, but still 50% higher than in August 2010.

Written by makanaka

September 9, 2011 at 20:37