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Nutrition for Growth (N4G) 2021 Summit Side Event - Counting the True Cost: How Understanding the Real Cost of Food can Improve Nutrition for All
The “hidden costs” of global food systems are estimated to be US$19.8 trillion annually with $12 trillion from health costs. These costs stem from diet related chronic diseases, impacts of climate change, and unfair wages are often borne by the least advantaged segments of the society (frequently smallholder farmers, youth, women, Indigenous Peoples, people of colour, marginalized communities). By applying the right incentives, these costs can be mitigated to ensure that food systems create real value for the society.

This session will discuss how food systems approaches, particularly True Cost and Value Accounting, can provide holistic assessments of the negative externalities and positive benefits of different food and nutrition interventions, thus elucidating evidence that leads to the improvement of nutrition strategies and policies.

Organized by: Global Alliance for the Future of Food, WWF, World Business Council for Sustainable Development, TMG Think Tank for Sustainability, UN Nutrition

Dec 9, 2021 11:30 AM in Universal Time UTC

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