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Bain & Firm and the World Financial Discussion board set out pressing roadmap to rework world meals methods

  • Excessive-performing meals methods positively impression well being, economic system and livelihoods, mitigate local weather change and safeguard nature and biodiversity
  • A brand new report shares seven robust “early mover” nation examples from numerous places internationally whose examples and classes are extensively related and scalable
  • Dedicated collaboration – amongst companies, with governments and different actors – shall be important to scaling up promising demonstration fashions and reaching the collective ambition of constructing higher meals methods extra rapidly

DAVOS, Switzerland, Jan 17, 2023 /PRNewswire/ — The worldwide group should remodel meals methods if we’re to feed rising populations, construct resilience to local weather change, help farmers and obtain net-zero. Right now, our meals methods fall far wanting these targets and we’re working out of time to repair them. A brand new report by Bain & Firm and the World Financial Discussion board focuses on the pressing and complicated transformations required on the most related unit of change: the nation degree. The report takes classes from a various set of seven “early movers” nations throughout Africa, Asia and the Americas to indicate the actions and investments required for profitable meals methods transformation.

Profiles of ethiopia, India, Vietnamand Ghana present the important position governments play in catalyzing meals methods transformation in creating and rising nations, and the way these nations can enhance a broader set of outcomes by unlocking the potential of small and medium enterprises, notably these which are farmer-allied and working in native meals chains.

Nations like algerian have used innovation to enhance outcomes throughout productiveness, sustainability, and diet. With solely 17% of land appropriate for agriculture, algerian has vastly improved meals safety within the face of serious constraints on water availability, by investing in progressive irrigation methods to spice up productiveness and focused crop selection to cut back emissions.

Examples in Canada and New Zealand illustrate how you can scale adoption of nature-positive and climate-smart meals manufacturing, notably specializing in the case for financial benefit for producers.

Right now’s meals system challenges require pulling many levers concurrently, together with authorities coverage and associated instruments, public-private partnerships, financing, know-how innovation, company and enterprise motion, and multi-stakeholder coalitions. Every early mover nation profile represents precious examples of large-scale change on the nation degree. Collectively, they reveal the potential for these levers if utilized in tandem and with better urgency to speed up country-led meals methods transformation. Success now rests on each nation taking motion.

“With fewer than eight annual planting cycles left till 2030 local weather targets, the tempo of change is just not quick sufficient to fulfill the planet’s wants,” stated Vikki Tam, accomplice and chief of Bain & Firm’s world Social Affect observe. “There’ll have to be more practical multi-stakeholder collaboration to grasp, assess and navigate the trade-offs in advanced meals system transformations.”

Specifically, companies have a strategic position and may anchor extra inclusive and sustainable meals provide chains that may higher meet broader social and environmental targets. For instance, the Pacific Island Tuna partnership, a three way partnership between the Republic of the Marshall Islands and The Nature Conservancy, reinvented the tuna worth chain by way of supplying sustainably caught tuna to Walmart’s “Nice Worth” non-public label. The partnership introduced enterprise and meals provider collectively in new methods creating significant transformation.

“Public non-public partnerships and action-focused multi-stakeholder coalitions will turn into extra necessary than ever,” stated Sasha Duchnowski, accomplice and chief in Bain & Firm’s Sustainability observe. “Companies have a important position to encourage farmer adoption of climate-smart and nature constructive practices, by creating obligatory demand alerts in what and the way we devour.”

The report additionally features a roadmap for motion laid out by Bain and the World Financial Discussion board containing the steps obligatory for world stakeholders to enact significant systemic change in nationwide meals methods. Adherence to those actions, if utilized in tandem and with better urgency, will speed up country-led meals methods transformation.

If nations can set clear roadmaps for extra inclusive, sustainable, wholesome and resilient meals methods, it will likely be attainable to evolve meals methods in ways in which nourish rising populations, construct better resilience, allow farmers to reside with dignity and obtain net-zero local weather change targets. However this can solely be attainable if all stakeholders can collectively step up and work collectively.

Media contacts

For any questions or to rearrange an interview, please contact:

Gary Duncan (london) — Tel: +44 (0) 7788 163 791 E-mail: [email protected]  
dan pinkney (Boston) — Telephone: +1 646 562 8102 E-mail: [email protected]  

About Bain & Firm

Bain & Firm is a worldwide consultancy that helps the world’s most formidable change makers outline the long run.

Throughout 64 cities in 39 nations, we work alongside our shoppers as one workforce with a shared ambition to attain extraordinary outcomes, outperform the competitors, and redefine industries. We complement our tailor-made, built-in experience with a vibrant ecosystem of digital innovators to ship higher, sooner, and extra enduring outcomes. Our 10-year dedication to speculate greater than $1 billion in professional bono companies brings our expertise, experience, and perception to organizations tackling at the moment’s pressing challenges in schooling, racial fairness, social justice, financial growth, and the surroundings. Since our founding in 1973, now we have measured our success by the success of our shoppers, and we proudly preserve the very best degree of shopper advocacy within the business.

SOURCE Bain & Firm


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