Norway Boosts Grain Reserves Amid Global Uncertainty
The Norwegian government has embarked on a substantial initiative to start stockpiling grain, signing a deal to store 30,000 tons initially. This move, driven by the COVID-19 pandemic, European conflicts, and climate change, aims to gather enough grain reserves to last three months by 2029.
- Country:
- Denmark
In a move driven by the COVID-19 pandemic, ongoing European conflicts, and escalating climate change, the Norwegian government officially kicked off a significant initiative on Tuesday to start stockpiling grain. Agriculture and Food Minister Geir Pollestad signed a deal to store 30,000 tons of grain with four private companies, marking the beginning of a long-term plan.
The government aims to build up its reserve to 82,500 tons by 2029, equating to three months' worth of national consumption in a crisis scenario. “The building up of a contingency stock of food grains is about being prepared for the unthinkable,” the Ministry of Agriculture and Food stated.
Norway, which had previously stored grain until 2003, saw renewed urgency for such measures following the 2022 invasion of Ukraine by Russia. The Scandinavian nation has shown strong support for Ukraine and operates the Global Seed Vault in the Svalbard archipelago, an essential backup for global seed collections against potential disasters.
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