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UN Says Food System Adds $10 Trillion In Hidden Costs

  • The United Nations has published a new report revealing that the hidden costs of the global food system amount to $12.7 trillion, equivalent to approximately 10 percent of global GDP. These costs, which include impacts on health and the environment, represent a significant challenge that the agrifood system must address.
  • The report finds that 73 percent of the hidden costs are associated with diets that contribute to obesity and non-communicable diseases like diabetes and heart disease. Additionally, the environmental impacts of the current food system account for over 20 percent of the total hidden costs. These findings highlight the urgent need for actions to promote healthier and more sustainable food systems.
  • David Laborde, director of the FAO's Agrifood Economics Division, emphasizes the importance of this report in putting a price tag on the challenges faced by the agrifood system. The report provides a comprehensive assessment of the hidden costs, which can help inform policies and initiatives aimed at addressing the negative impacts of the global food system.
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Today's agri-food systems entail enormous hidden costs for health, the environment and society, estimated by the FAO at more than $10 trillion a year ($10,000,000 million), equivalent to 10% of the world's GDP. In its annual report on the state of world agriculture and food, the United Nations Food and Agriculture Organization (FAO) includes for the first time a study to quantify these hidden costs in 154 countries. The objective is to have deta…

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Wired broke the news in United States on Monday, November 6, 2023.
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