World meat production could increase by 40 million tonnes per year by 2029
ETX Daily Up
Philippine Daily Inquirer - September 13, 2021
The livestock farming industry accounts for a significant share of greenhouse gas emissions. Nevertheless, global meat production could still increase by 13% between 2019 and 2029, for a total production of 366 million tonnes of meat, according to NGOs.
According to the Food and Agriculture Organization of the United Nations (FAO), 45% of greenhouse gas emissions are related to food production and processing. In 2013, livestock production was responsible for 14.5% of global greenhouse gas emissions, according to the FAO.
This data features in the Meat Atlas, a report produced by the Friends of Earth Europe NGO and the Heinrich-Böll-Stiftung foundation (Cologne, Germany). It also states that more than 2,500 investment banks, private banks and pension funds worldwide invested a total of $478 billion in global meat and dairy companies between 2015 and 2020.
According to the report, meat production could increase further to a total of 366 million tonnes by 2029, one year before the target year for the UN’s Sustainable Development Goals. The report also points out that a handful of countries monopolize 60% of this market: Brazil, China, the United States and members of the European Union.
To halt this rate of production, the solution is clear for the report authors: