World Bank released the report, “Recipe for a Livable Planet: Achieving Net Zero Emissions in the Agrifood System”.
The world’s agrifood system emits about 16 gigatonnes of greenhouse gases (GHG) per year — about a third of all global emissions.
Livestock is a major driver, with high-income countries among the largest consumers.
Wealthy nations should reduce financial support for livestock farming to help tackle pollution caused by consuming red meat and dairy.
One-third of all agricultural subsidies went toward meat and milk products in 2016
Annual investments will need to climb 18-fold to $260 billion to halve agri-food emissions by 2030 and help the world hit a 2050 net-zero target.
Replacing a quarter of India’s 8.8 million diesel irrigation pumps with solar pumps would cut agrifood emissions by 11.5 million tonnes per year.
The top ten agrifood system emitters are China, Brazil, India, United States, Indonesia, the Democratic Republic of Congo, Russian Federation, Canada, Pakistan and Argentina.