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Perspective: What might it cost to reconfigure food systems?

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Title Perspective: What might it cost to reconfigure food systems?
 
Creator Thornton, Philip K.
Change, Yuling
Loboguerrero, Ana María
Campbell, Bruce
 
Subject adaptation
mitigation
food systems
costs
adaptación
mitigación
sistemas alimentarios
cost reconfiguration
ecology
food science
 
Description Even an approximate estimate of the amount of investment required globally to reconfigure food systems for resilience and sustainability in the face of climate change could help to catalyse the urgent action that is needed. A report published in 2020 set out eleven actions that were identified as being needed to reconfigure food systems. Here we estimate the annual cost of implementing these eleven actions to be USD 1.3 ± 0.1 trillion. Half of this is needed to halt conversion of forests and peatlands for agriculture, with the remainder used to reduce producer risk, lower emissions and strengthen the policy, finance and innovation enablers of change. This cost, though large, is equivalent to less than 7 percent of the negative externalities generated annually by current food systems. The costs of inaction will far outweigh the benefits.
 
Date 2023-03
2023-01-13T14:00:30Z
2023-01-13T14:00:30Z
 
Type Journal Article
 
Identifier Thornton, P.; Chang, Y.; Loboguerrero, A.M.; Campbell, B. (2023) Perspective: What might it cost to reconfigure food systems? Global Food Security 36: 100669 7 p. ISSN: 2211-9124
2211-9124
https://hdl.handle.net/10568/127056
https://doi.org/10.1016/j.gfs.2022.100669
 
Language en
 
Rights CC-BY-NC-ND-4.0
Open Access
 
Format 7 p.
application/pdf
 
Publisher Elsevier
 
Source Global Food Security