Economy
Sustainable Food Systems Could Yield $10 Trillion Annual Benefits

London: A groundbreaking economic study reveals that a shift to a sustainable global food system could yield annual benefits of up to $10 trillion, addressing human health and climate concerns.
The study exposes hidden environmental and medical costs in existing food systems, which contribute to a third of global greenhouse gas emissions, driving the planet towards a 2.7C temperature rise.
If current practices persist, the study predicts 640 million people underweight and a 70% rise in obesity by 2050.
The proposed transformation involves redirecting subsidies, investing in emission-cutting technologies, and addressing food insecurity, potentially preventing 174 million premature deaths and benefiting 400 million farm workers by 2050.
The Food System Economics Commission, involving the Potsdam Institute, Food and Land Use Coalition, and EAT, estimates hidden food costs at $15 trillion, urging a comprehensive shift in global food systems.
The suggested changes aim to limit global heating, reduce nitrogen run-offs, and mitigate the impact on biodiversity.
Despite acknowledging challenges, the study emphasizes the transformative potential, echoing the significance of landmark assessments like the Stern review.
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