The Japan Times - Fixing food could produce trillions in annual benefits: report

EUR -
AED 4.244436
AFN 73.389503
ALL 96.041475
AMD 437.227891
ANG 2.068863
AOA 1059.809568
ARS 1591.117901
AUD 1.663809
AWG 2.082925
AZN 1.95873
BAM 1.954592
BBD 2.335977
BDT 142.332035
BGN 1.975509
BHD 0.436313
BIF 3444.885879
BMD 1.155736
BND 1.48259
BOB 8.014012
BRL 6.040997
BSD 1.159793
BTN 109.092106
BWP 15.805369
BYN 3.437405
BYR 22652.420245
BZD 2.332679
CAD 1.597868
CDF 2635.077814
CHF 0.915938
CLF 0.026863
CLP 1060.688624
CNY 7.976305
CNH 7.983216
COP 4277.782432
CRC 539.269051
CUC 1.155736
CUP 30.626997
CVE 110.196419
CZK 24.476637
DJF 206.535037
DKK 7.471618
DOP 69.927086
DZD 153.324525
EGP 60.76882
ERN 17.336036
ETB 181.097361
FJD 2.598383
FKP 0.863596
GBP 0.865357
GEL 3.1147
GGP 0.863596
GHS 12.680109
GIP 0.863596
GMD 84.943654
GNF 10165.761288
GTQ 8.876476
GYD 242.648987
HKD 9.035831
HNL 30.712152
HRK 7.532279
HTG 152.086665
HUF 387.510676
IDR 19534.245254
ILS 3.607282
IMP 0.863596
INR 108.781896
IQD 1519.467505
IRR 1517654.369857
ISK 143.206866
JEP 0.863596
JMD 182.687885
JOD 0.819347
JPY 184.298222
KES 149.910497
KGS 101.068161
KHR 4651.145599
KMF 493.499383
KPW 1040.178735
KRW 1741.537699
KWD 0.354915
KYD 0.966507
KZT 559.596576
LAK 25005.762183
LBP 103706.496104
LKR 364.767721
LRD 212.827547
LSL 19.536695
LTL 3.412587
LVL 0.699093
LYD 7.395525
MAD 10.808973
MDL 20.279642
MGA 4834.054262
MKD 61.622775
MMK 2427.238714
MNT 4125.361797
MOP 9.339568
MRU 46.21164
MUR 53.891528
MVR 17.856098
MWK 2011.174446
MXN 20.55545
MYR 4.617149
MZN 73.903122
NAD 19.53661
NGN 1599.98893
NIO 42.683805
NOK 11.207202
NPR 174.54888
NZD 1.9938
OMR 0.444374
PAB 1.159783
PEN 4.010639
PGK 5.010925
PHP 69.637122
PKR 323.708741
PLN 4.281654
PYG 7546.401433
QAR 4.229668
RON 5.094603
RSD 117.440085
RUB 93.618694
RWF 1693.560664
SAR 4.335627
SBD 9.29447
SCR 16.592438
SDG 694.597244
SEK 10.810885
SGD 1.482844
SHP 0.867101
SLE 28.373451
SLL 24235.212834
SOS 662.793245
SRD 43.155748
STD 23921.396123
STN 24.484974
SVC 10.148772
SYP 128.226865
SZL 19.547089
THB 37.968233
TJS 11.105189
TMT 4.045075
TND 3.403382
TOP 2.782734
TRY 51.276297
TTD 7.88616
TWD 36.924603
TZS 2976.087716
UAH 50.922669
UGX 4291.329287
USD 1.155736
UYU 46.95078
UZS 14145.319039
VES 534.054338
VND 30438.611836
VUV 138.119748
WST 3.164637
XAF 655.554687
XAG 0.016593
XAU 0.00026
XCD 3.123433
XCG 2.090317
XDR 0.815303
XOF 655.560356
XPF 119.331742
YER 275.815943
ZAR 19.686745
ZMK 10403.013897
ZMW 21.717766
ZWL 372.146432
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSC

    0.0400

    22.91

    +0.17%

  • RYCEF

    0.3700

    16.06

    +2.3%

  • BCE

    -0.3400

    25.49

    -1.33%

  • AZN

    1.3600

    187.14

    +0.73%

  • RELX

    0.0100

    32.47

    +0.03%

  • GSK

    1.7500

    54.7

    +3.2%

  • RIO

    0.7700

    87.54

    +0.88%

  • NGG

    1.9600

    84.29

    +2.33%

  • BTI

    0.6900

    58.45

    +1.18%

  • VOD

    0.0600

    14.72

    +0.41%

  • BCC

    1.0800

    74.65

    +1.45%

  • BP

    0.6200

    45.41

    +1.37%

  • CMSD

    0.0500

    22.68

    +0.22%

  • JRI

    0.2400

    12.1

    +1.98%

Fixing food could produce trillions in annual benefits: report
Fixing food could produce trillions in annual benefits: report / Photo: Anatolii Stepanov - 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.

M.Sugiyama--JT