The Fort Worth Press - Fixing food could produce trillions in annual benefits: report

USD -
AED 3.672504
AFN 66.265317
ALL 82.40468
AMD 381.537936
ANG 1.790403
AOA 917.000367
ARS 1449.250402
AUD 1.508523
AWG 1.8025
AZN 1.70397
BAM 1.670125
BBD 2.014261
BDT 122.309039
BGN 1.670125
BHD 0.377012
BIF 2957.004398
BMD 1
BND 1.292857
BOB 6.910892
BRL 5.541304
BSD 1.000043
BTN 89.607617
BWP 14.066863
BYN 2.939243
BYR 19600
BZD 2.011357
CAD 1.37965
CDF 2558.50392
CHF 0.800557
CLF 0.023213
CLP 910.640396
CNY 7.04095
CNH 7.033604
COP 3860.210922
CRC 499.466291
CUC 1
CUP 26.5
CVE 94.159088
CZK 20.779904
DJF 178.088041
DKK 6.380104
DOP 62.644635
DZD 130.069596
EGP 47.704197
ERN 15
ETB 155.362794
EUR 0.853804
FJD 2.283704
FKP 0.747615
GBP 0.752191
GEL 2.68504
GGP 0.747615
GHS 11.486273
GIP 0.747615
GMD 73.000355
GNF 8741.72751
GTQ 7.663208
GYD 209.231032
HKD 7.78155
HNL 26.346441
HRK 6.434404
HTG 131.121643
HUF 330.190388
IDR 16697
ILS 3.20705
IMP 0.747615
INR 89.577504
IQD 1310.106315
IRR 42100.000352
ISK 125.630386
JEP 0.747615
JMD 160.018787
JOD 0.70904
JPY 157.75504
KES 128.909953
KGS 87.450384
KHR 4013.492165
KMF 420.00035
KPW 900.011689
KRW 1475.720383
KWD 0.30723
KYD 0.83344
KZT 517.535545
LAK 21660.048674
LBP 89556.722599
LKR 309.636651
LRD 177.012083
LSL 16.776824
LTL 2.95274
LVL 0.60489
LYD 5.420776
MAD 9.166901
MDL 16.930959
MGA 4548.055164
MKD 52.559669
MMK 2100.050486
MNT 3553.222489
MOP 8.015542
MRU 40.023056
MUR 46.150378
MVR 15.450378
MWK 1734.170189
MXN 18.034604
MYR 4.077039
MZN 63.903729
NAD 16.776824
NGN 1460.160377
NIO 36.804577
NOK 10.138704
NPR 143.372187
NZD 1.704304
OMR 0.385423
PAB 1.000043
PEN 3.367832
PGK 4.254302
PHP 58.571038
PKR 280.195978
PLN 3.59225
PYG 6709.363392
QAR 3.645959
RON 4.335404
RSD 100.234832
RUB 80.483327
RWF 1456.129115
SAR 3.750651
SBD 8.146749
SCR 15.161607
SDG 601.503676
SEK 9.268304
SGD 1.293304
SHP 0.750259
SLE 24.050371
SLL 20969.503664
SOS 570.513642
SRD 38.441504
STD 20697.981008
STN 20.921395
SVC 8.750267
SYP 11058.582789
SZL 16.774689
THB 31.425038
TJS 9.215661
TMT 3.5
TND 2.927287
TOP 2.40776
TRY 42.746504
TTD 6.787925
TWD 31.518904
TZS 2495.196618
UAH 42.285385
UGX 3577.131634
UYU 39.263908
UZS 12022.543871
VES 282.15965
VND 26312.5
VUV 120.938943
WST 2.787822
XAF 560.144315
XAG 0.014888
XAU 0.000231
XCD 2.70255
XCG 1.8024
XDR 0.69664
XOF 560.144315
XPF 101.840229
YER 238.403589
ZAR 16.77901
ZMK 9001.203584
ZMW 22.626703
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • CMSC

    -0.1200

    23.17

    -0.52%

  • RBGPF

    0.0000

    80.22

    0%

  • NGG

    -0.2800

    76.11

    -0.37%

  • BCC

    -2.9300

    74.77

    -3.92%

  • GSK

    0.3200

    48.61

    +0.66%

  • AZN

    0.7500

    91.36

    +0.82%

  • BCE

    -0.0100

    22.84

    -0.04%

  • BTI

    -0.5900

    56.45

    -1.05%

  • RIO

    0.6900

    78.32

    +0.88%

  • CMSD

    -0.0300

    23.25

    -0.13%

  • BP

    0.6300

    33.94

    +1.86%

  • RELX

    0.0800

    40.73

    +0.2%

  • JRI

    -0.0500

    13.38

    -0.37%

  • VOD

    0.0400

    12.84

    +0.31%

  • RYCEF

    0.2800

    15.68

    +1.79%

Fixing food could produce trillions in annual benefits: report
Fixing food could produce trillions in annual benefits: report / Photo: © AFP/File

Fixing food could produce trillions in annual benefits: report

The ways food is produced and consumed across the world is racking up hidden costs in health impacts and environmental damage amounting to some 12 percent of world GDP a year, according to a new report Monday.

Text size:

In the research, a consortium of scientists and economists found that transforming food systems across the world could prevent 174 million premature deaths, help the world meet its climate goals, and provide economic benefits of $5 trillion to $10 trillion.

While intensive food production has helped to feed a global population that has doubled since the 1970s, the report found that this has come with a growing burden on people and the planet.

Poor diets lead to obesity or undernutrition and associated chronic illness, while polluting farming practices drive global warming and biodiversity loss, threatening potentially catastrophic climate impacts that would whiplash back on the world's ability to produce food.

"We have an amazing food system," said Vera Songwe, an economist with the Africa Growth Initiative at the Brookings Institution, and part of the Food System Economics Commission (FSEC), which produced the report.

"But it has done that with a lot of cost to the environment, to people's health, and to the future and to our economics," she said.

Researchers estimated total underappreciated costs from food systems of up to $15 trillion a year. That includes around $11 trillion each year from the loss in productivity caused by food-linked illnesses like diabetes, hypertension and cancer.

Environmental costs are estimated at $3 trillion from current agricultural land use and food production methods, which scientists say account for a third of planet-heating greenhouse gas emissions.

- 'Dramatic' costs -

The authors also compared computer modelling of the consequences by 2050 of continuing current trends and of a hypothetical food system transformation.

They said that on the current pathway, food systems alone will push global warming above the Paris Deal's more ambitious threshold of 1.5 degrees Celsius since preindustrial times.

Heating could reach a catastrophic 2.7C by 2100, they said, while food production would be increasingly battered by climate change.

Obesity would also increase globally by 70 percent, they said, while around 640 million people would still be underweight.

Imagining a better system, the report's authors said more effective policies could improve diets, drastically reducing diet-related deaths due to chronic diseases, while transforming food systems into a source of carbon storage by 2040, helping the world stay within its climate goals.

But the report, which comes as farmers across parts of Europe stage protests over a variety of grievances including incomes and environmental regulations, acknowledged that change would be challenging.

The authors urged policymakers to compensate those left behind by a shift to a more sustainable system, noting that promoting healthier diets would have different priorities and focus in different parts of the world.

The authors policymakers to work to compensate those left behind by changes.

The report comes after the UN's Food and Agriculture Organization released research in November estimating that the hidden costs of food systems across the world were around $10 trillion a year, or nearly 10 percent of GDP.

Johan Rockstrom, of the Potsdam Institute for Climate Impact Research and the FSEC, said the fact that both groups had come up with a "very dramatic number", exceeding $10 trillion, was reason to have confidence in the findings.

But he warned that the future projections were "conservative" because even if the world manages to transition away from fossil fuels, the food system can push the world above 1.5C on its own.

"(That) likely means irreversible changes to major life support systems on Earth, which means that the price tag correlated to the food system would accelerate very rapidly for hidden costs that are not included in these analyses," he said.

C.M.Harper--TFWP