Climate Change

The complex challenge of increasing food production while mitigating carbon dioxide emissions, building resilience to climate change, and reducing the burden of agriculture on natural resources requires innovative approaches. Promising strategies include increasing access to mechanization and adopting modern fertilization processes that contribute to climate change adaptation efforts, or the use of improved seeds.

Reducing food loss and waste (FLW) is crucial to improving food security, reducing malnutrition, and providing livelihoods for food system workers. But such efforts are also key to combating climate change. FLW has significant environmental impacts, including greenhouse gas (GHG) emissions in both the production of food that is later lost and in waste management.

Today’s global food systems carry a hidden price tag: at least USD 10 trillion annually in environmental, health, and social costs, according to both the FAO’s The State of Food and Agriculture 2023 and Food System Economics Commission’s (FSEC) The Economics of the Food System Transformation. Globally, food systems cost more in GDP than they contribute and play a driving role in exacerbating poverty, malnutrition, and climate change.

Spiking food prices have made headlines around the world this year, from eggs in the US to vegetables in India.

The UN Food and Agriculture Organization’s Food Price Index has been slowly increasing over the past six months following declines over much of 2023.

For example, the price of orange juice concentrate in the US was 42% higher in April than it was a year ago, while the price of fresh orange juice in the UK has risen 25% over the last year.

In Greece, the price of olive oil rose by nearly 30% over 2023 and by more than 63% in April of this year. 

With global temperatures already 1.2 degrees Celsius above pre-industrial levels, climate change is having major impacts on agriculture that fall disproportionately on the Global South—from crops, to livestock, to aquaculture. Agricultural systems endure frequent heat waves, flooding, and drought—often all in one season. Climate-related extreme weather events such as intense rainstorms pose a serious threat to crops.