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Tropical food farmers must grow more on less land, as climate policy shifts - Reuters
Tropical farmers will struggle to meet rising food demand unless they sustainably boost yields on the same land, with rising forest protection and carbon prices aimed at fighting climate change expected to hinder agriculture expansion, researchers said on Monday.
A report by thinktank Orbitas looked at the financial risks to tropical farmers and agricultural businesses - including palm oil, soybean and beef - if they do not adapt to new climate actions by governments, companies and consumers.
It found that those risks are as significant in agriculture as they are in the energy and transport sectors.
Tropical farmers will struggle to meet rising food demand unless they sustainably boost yields on the same land, with rising forest protection and carbon prices aimed at fighting climate change expected to hinder agriculture expansion, researchers said on Monday.
A report by thinktank Orbitas looked at the financial risks to tropical farmers and agricultural businesses - including palm oil, soybean and beef - if they do not adapt to new climate actions by governments, companies and consumers.
It found that those risks are as significant in agriculture as they are in the energy and transport sectors.