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Innovation with a Purpose: WORLD ECONOMIC FORUM ; Insight Report In collaboration with McKinsey & Company Improving Traceability in Food Value Chains through Technology Innovations

By: Contributor(s): Publication details: Geneva World Economic Forum’s System Initiative January 2019Description: 32 pContent type:
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Summary: Food plays a central role in human societies and is essential to the well-being of people and the planet. But a fundamental transformation is needed to meet the aspirations of an inclusive, efficient, sustainable, nutritious and healthy food system. The food and agriculture sector is the single largest employer in the world, despite a majority of its workers living in poverty. Nearly one-third of global food production is wasted, yet up to 800 million people are chronically undernourished. In addition, food systems are responsible for 25% of global greenhouse-gas emissions, while climate change in turn threatens up to 25% of crop yields.3 And a rising global population, expected to reach almost 10 billion by 2050, exacerbates our already strained food systems. Addressing food-system challenges requires a transformative approach rooted in technological investments, partnerships and incentives. The food and agriculture sector, however, lags far behind other sectors in its investment in and adoption of technology, despite the necessity of agricultural technology to meet food-system needs. This need is particularly pronounced in developing countries, as more than 75% of agriculture and foodtechnology investments occur in developed countries, highlighting unequal access to new solutions.
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En portada: "System Initiative on Shaping the Future of Food"

Food plays a central role in human societies and is essential to the well-being of people and the planet. But a fundamental transformation is needed to meet the aspirations of an inclusive, efficient, sustainable, nutritious and healthy food system. The food and agriculture sector is the single largest employer in the world, despite a majority of its workers living in poverty. Nearly one-third of global food production is wasted, yet up to 800 million people are chronically undernourished. In addition, food systems are responsible for 25% of global greenhouse-gas emissions, while climate change in turn threatens up to 25% of crop yields.3 And a rising global population, expected to reach almost 10 billion by 2050, exacerbates our already strained food systems. Addressing food-system challenges requires a transformative approach rooted in technological investments, partnerships and incentives. The food and agriculture sector, however, lags far behind other sectors in its investment in and adoption of technology, despite the necessity of agricultural technology to meet food-system needs. This need is particularly pronounced in developing countries, as more than 75% of agriculture and foodtechnology investments occur in developed countries, highlighting unequal access to new solutions.

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