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Economics, business, and trade

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Jason Clay
Podcast episode
Ep36: Jason Clay on "Building and flying the plane as we go"
Ideas to increase transparency for consumers, improve livelihoods for farmers, and urgently scale up and out systems-level solution.
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Unpicking food prices
Reports
Farmers receive tiny profits for some everyday foods
Farmers in the UK are receiving only a tiny fraction of the supermarket price of five common foods - often receiving less than a penny of the purchase price - according to this report from UK NGO Sustain. Other stages of the supply chain - notably processors and retailers - often receive a much greater portion of the profit. The report also notes that growers could receive more profit by supplying through alternative supply chains, such as non-profit food hubs.
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The closing window
Reports
Transforming society to meet climate goals
Only an urgent societal transformation can deliver the emissions cuts needed to limit climate warming to 2°C or 1.5°C, according to this report from the United Nations Environment Programme. The report sets out a sector-by-sector examination of how to achieve this transformation.
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Untapped Opportunities: Climate Financing for Food Systems Transformation
Reports
Climate financing for food systems transformation
This report by the Global Alliance for the Future of Food argues that public climate finance should be directed into food system transformation because of the potential to deliver cost-effective co-benefits for climate mitigation, biodiversity, health and food system resilience. Currently, food systems receive only 3% of public climate finance despite producing one third of global emissions.
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Image: MartinStr, New Zealand sea sheep, Pixabay, Pixabay Licence
News and resources
New Zealand invites comments on plans to tax farm emissions
The New Zealand government has announced proposals to introduce farm-level taxes for agricultural emissions, with the aim of incentivising farmers to adopt climate mitigation measures. The plans involve pricing long-lived greenhouse gases and biogenic methane separately; farmers who meet certain thresholds for livestock numbers or fertiliser use will pay a bill that depends on their farm areas, livestock numbers and production, and nitrogen fertiliser use; incentive payments (funded by the tax) will be made to farmers who adopt a range of emissions reduction measures; additional payments will be made to farmers who sequester carbon through managing indigenous vegetation. A consultation on the proposals is open until 18 November 2022.
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Image: Tara Clark, A person holding a basket, Pexels, Pexels Licence
News and resources
UK food price inflation reached 14.6% in September
In the UK, average prices for a representative “basket” of food and non-alcoholic beverages have risen by 14.6% in the 12 months to September 2022, driven in particular by increases in the prices of bread and cereals, meat, milk, cheese and eggs. The statistics are from the UK’s Office for National Statistics.
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Taking stock of smallholder inclusion in modern value chains
Reports
Taking stock of smallholder inclusion in modern value chains
Inclusion of smallholders in modern (i.e. formal and globalised) food supply chains may not bring the benefits that it was expected to, according to this working paper from the International Institute for Environment and Development. Based on a literature review and stakeholder interviews, it concludes that smallholders’ access to higher-value markets probably results in only small income gains with most benefits going to the farmers who were wealthier to start with; that farmer cooperatives can be exclusionary; that despite high awareness of gender issues, there has been little progress on outcomes; and that it is difficult to quantify progress on the outcomes of environmental sustainability standards.
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Food Barons 2022: Corporate concentration in agrifood
Reports
Food Barons 2022: Corporate concentration in agrifood
This report by the Canadian NGO the ETC Group profiles the world’s largest corporations in each of 11 agrifood sectors, including seeds, fertilisers, livestock genetics and food delivery. It shows that most of these sectors are dominated by just four to six large companies and argues that this “top heavy” structure threatens food sovereignty and gives large corporations outsize influence over markets, research and policy.
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Food Research Collaboration
News and resources
Blog: Our food safety standards are in unsafe hands
In this blog post published by the Food Research Collaboration, Prof Erik Millstone argues that upcoming legislation (the Retained EU Law (Reform and Revocation) Bill) could threaten food safety standards in the UK. The Bill, although not aimed specifically at the food sector, will enable the revocation of European Union laws in the UK. Millstone notes that Prime Minister Liz Truss has expressed support for deregulation of the food sector, for example by removing the sugary beverages tax. Food Standards Scotland has also warned that food standards relating to food labelling, chemical contaminants and hygiene levels could be lost unless new laws are introduced rapidly.
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