cover image: Global Policy Report: The Economics of the Food System Transformation

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Global Policy Report: The Economics of the Food System Transformation

30 Jan 2024

Food systems – what do they cost us today? What benefits could they bring? How do we make change happen? The FSEC Global Policy Report brings together world-leading economic experts to answer these crucial questions. Our food systems — the way we produce, market, and consume food — are part of the political, social, economic, ecological, and cultural fabric of our communities. They have achieved something of a miracle, keeping pace with decades of population growth while decreasing some forms of malnutrition, reducing poverty and increasing life expectancy. But progress has been uneven around the world. And the recent evolution of food systems has fuelled – and continues to inflame – some of the greatest and gravest challenges facing humanity, notably persistent hunger, undernutrition, the obesity epidemic, loss of biodiversity, environmental damage and climate change. The economic value of this human suffering and planetary harm is well above 10 trillion USD a year, more than food systems contribute to global GDP. In short, our food systems are destroying more value than they create. Yet in many policy discussions, such as those around climate change, food systems have long been ignored. This report identifies the elements of what a transformation from today’s food systems to an inclusive, health-enhancing and environmentally sustainable global food system entails. The report summarizes the findings of a four-year investigation by the Food System Economics Commission (FSEC), an independent commission expressly created to assess options for comprehensive food system transformation. FSEC findings are based on rigorous economic modeling, in-depth literature reviews, and case studies.
food land-use change

Authors

Caterina Ruggeri Laderchi, Hermann Lotze-Campen, Fabrice DeClerck, Benjamin Bodirsky, Quitterie Collignon, Michael Crawford, Simon Dietz, Lukas Fesenfeld, Claudia Hunecke, Debbora Leip, Steven Lord, Sarah Lowder, Sebastian Nagenborg, Toby Pilditch, Alexander Popp, Isabella Wedl

Published in
Norway

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