The economics of the food system transformation: global policy report
In a recent global policy report published by the Food System Economics Commission, a multinational and multidisciplinary team of over forty researchers carried out the most ambitious food economic study yet to evaluate means by which the food system could be economically improved. They conducted a cost-benefit analysis of the current global food scenario to estimate the economic, social, and environmental impacts of optimized global policy change. Their findings revealed that transforming the system could achieve economic gains of up to 10 trillion USD per annum (1.7%-12% gains GDP gains), while the policies and implementation to meet these transformations would cost barely 0.2-0.4% of global GDP.
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