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The key is a method called true cost accounting, which examines the economic, environmental, social and health impacts of food production and consumption to produce a broader picture of its costs ...
Would you reconsider your shopping habits? This is where the True Cost Accounting (TCA) approach recently introduced in the UN Food and Agriculture Organisation (FAO)’s State of Food Security and ...
Using true cost accounting, the report calculates that the global cost of the agrifood system in 2020 was up to $12.7 trillion more than consumers paid at retail. That’s equivalent to about 10% ...