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Sustainable future hinges on reducing warming, raising food production by 40%: Deloitte
Without change, global warming could cost $13t in agriculture losses by 2070.
To feed the world sustainably by 2070, world leaders must limit global warming to below 2°C and increase food production by 40% to support an estimated 10 billion people.
In a report, Deloitte said that transforming the global food system sustainably could provide proper nutrition for 1.6 billion more people by 2070.
The report projects that nearly 20% of the additional food produced would reach regions with the highest hunger rates, helping 300 million undernourished people.
Meanwhile, failing to act on climate change could cost the global economy US$190t between 2025 and 2070 and would slash the value of key food production industries, including crops, livestock, dairy, and fisheries, by US$13t.
On the other hand, transitioning to sustainable food systems increases global food production by 9%, adding US$22t to food system output by 2070.
This production growth will feed the expected global population of nearly 10 billion people and lower food prices by 16%, making healthier diets more affordable and accessible.
Lower-income countries will gain the most, with a 12% GDP boost and the largest rise in food consumption per capita, adding an average of 626 calories per person daily by 2070.
