Coffee vs burgers? Biodiversity and the future of food Intro
Meat or your morning brew? Which would you give up if you had to choose? It’s not just a theoretical question. The COP26 Sustainable Agriculture Agenda and the targets of the Kunming Conference scheduled for spring 2022 reflect a dire reality: The global food system accounts for about a third of global greenhouse gas emissions1 and destroys more nature every year than any other industry.2 If we don’t drastically change our food production and eating habits, climate change and biodiversity loss will change them for us.
Alternative proteins made from plants, fungi or lab-grown meat may be one way the food and agriculture industry shift to compensate for these externalities. The movement is already underway as the chart below shows: more industries have a portion of their revenue tied to sales of alternative proteins. The growth of plant-based proteins in the coming year might be the thing that saves our morning latte.
Percentage of companies from among the MSCI ACWI IMI constituents belonging to the following Global Industry Classification Standard (GICS®) sub-industries: agricultural products, packaged foods and meats, food retail, food distributors, hypermarkets and super centers and restaurants, which generate revenues or invested in traditional plant-based and alternative proteins, across the food value chain, as of July 15, 2021. GICS is the global industry classification standard jointly developed by MSCI and S&P Global Market Intelligence. Source: MSCI ESG Research
Coffee vs Burgers? Biodiversity and The Future of Food footnotes
1 "Climate Change and Land: an IPCC special report on climate change, desertification, land degradation, sustainable land management, food security, and greenhouse gas fluxes in terrestrial ecosystems." IPCC, 2020.
2 "The global assessment report on Biodiversity and Ecosystem Services." IPBES, 2019.