The true costs of the impacts of the current food system as well as the need for an economic conversation about food system transformation were highlighted in the recent Food System Impact Valuation (FoodSIVI) webinar. The event, which took place on 21 September 2020, featured leading experts on academic, civil, and business fronts.
The human and planetary global footprint of food is huge. The costs of this footprint are not factored into the market or supermarket price of food. What is the scale of these costs, and what would happen to the economy if the global footprint of food were reduced?
The new FoodSIVI report, Valuing the Impact of Food, provides a pathway towards costing the impact of getting food on our plates, which include diet-related disease, poverty and use of natural resources. Recovering those costs would result in a tremendous change in human and social welfare and a very different global future.