It is estimated that the global agrifood system needs an average of 260 billion U.S. dollars in climate change mitigation financing per year by 2030 to put the world on a pathway to net zero by 2050. The actions that would require the most investment are protecting and restoring nature, such as through avoiding the conversion of forestland, forest restoration, and forest management. Meanwhile, between 17 and 27 billion U.S. dollars would be needed annually for diversifying protein supplies, such as with plant-based meat and edible insect protein. These actions and measures could reduce agrifood system GHG emissions to eight GtCO₂e eq by 2030.
Estimated annual costs of agri-food system climate mitigation by 2030, by action
(in billion U.S. dollars)
Agrifood system mitigationactions and specific measures
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World Bank. (September 19, 2024). Estimated annual costs of agri-food system climate mitigation by 2030, by action (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1535433/global-agri-food-system-climate-mitigation-costs/
World Bank. "Estimated annual costs of agri-food system climate mitigation by 2030, by action (in billion U.S. dollars)." Chart. September 19, 2024. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1535433/global-agri-food-system-climate-mitigation-costs/
World Bank. (2024). Estimated annual costs of agri-food system climate mitigation by 2030, by action (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1535433/global-agri-food-system-climate-mitigation-costs/
World Bank. "Estimated Annual Costs of Agri-food System Climate Mitigation by 2030, by Action (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Sep 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1535433/global-agri-food-system-climate-mitigation-costs/
World Bank, Estimated annual costs of agri-food system climate mitigation by 2030, by action (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1535433/global-agri-food-system-climate-mitigation-costs/ (last visited November 13, 2024)
Estimated annual costs of agri-food system climate mitigation by 2030, by action (in billion U.S. dollars) [Graph], World Bank, September 19, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1535433/global-agri-food-system-climate-mitigation-costs/
