While global food and fertilizer prices have continued to withdraw from their March 2022 peaks, they remain high compared to their 2019–2021 levels. International grain quotations also remain well above their value in preceding years. Tight international grain markets, the ongoing war in Ukraine, uncertainties about the Black Sea Grain Initiative’s renewal, and currency depreciations pose risks to global food security and nutrition, especially in net food-importing Arab countries. Food prices are expected to remain high in 2023 as a result of geopolitical tensions, high energy costs, supply shortages, and weather events. Consequently, high food inflation persists in the NENA region. Section II of the Bulletin focuses on the climate change-related agricultural policies and innovations introduced by Arab countries to mitigate and adapt to climate change. These policies aim to increase production in harsh climatic conditions and improve food security while transforming food systems to be resilient against shocks induced by climate change