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The $10 trillion benefits of overhauling our food system
A new report lays out two very different paths forward.
It’s time for a makeover, the authors of the report argue, which could garner up to $10 trillion in health and economic benefits (equivalent to roughly 8 percent of global GDP in 2020). I think the cost-benefit analysis overall is clear,” Vera Songwe, co-chair of the FSEC and executive secretary of the Economic Commission for Africa, said in a press call today. Health costs alone related to failures in our food system add up to a bulk of current losses — $11 trillion a year, according to the FSEC report.
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