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Monday, October 17, 2016
Sustainable agriculture can unlock $2.3 trillion.
Embedding sustainable business practices in the global food and agriculture industry could deliver an annual $2.3 trillion windfall, according to a major new study released by the Business and Sustainable Development Commission.
The research suggests that an annual investment of $320 billion in sustainable business practices aligned with the Sustainable Development Goals (SDGs) would create a sevenfold return on investment by 2030. Such investment would also create 80 million new jobs, mostly in developing countries, the BSDC said.
The SDGs, agreed in September 2015, consist of 17 time-bound targets for ending poverty and hunger, reducing inequality and tackling climate change. The research claims that tackling these goals would unlock 14 major business opportunities for the food and agriculture sector, from micro-irrigation to new farming technology and urban agriculture ventures.
The world's population is expected to increase by another one billion by 2030, the global food and agriculture system requires a new way of doing business, and new approaches to feed more than 800 million people who today suffer from chronic hunger as well as to meet future demand . continue
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