There is a large global disparity between who receives the benefits of the production, manufacturing and retail in the global food system, and who pays the costs. Inequity is one of the primary societal risks generated by the food system and omitted in prominent corporate tools aiming to account for the impact of the food sector on planet and people.
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 forthcoming webinar on food system impact valuation will tackle the question: when it comes to the cost of the food we eat, who is really paying?
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.