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“If we are able to show at the board and the company level, basically, the financial materiality of doing all of this, then we're good to go”
Read our latest blog post summarizing our workshop on #TrueCostAccounting and the private sector.
🔗https://t.co/yt97ZIPZ4H
It's time to turn climate commitments into action!
Read @TCAAccelerator's latest blog post on scaling TCA in the face of polycrisis. It captures key moments from the first 'Scaling Implementation' workshop - an initiative to mainstream TCA by 2030.
🔗 https://t.co/drJLiAK7oJ
Thank you to the participants of our latest Scaling Implementation workshop!
Key discussion points:
🌿Collecting farm level data
🔎 What do we need to measure in TCA?
😵💫 Overcoming methods madness!
💰 Limits of monetary valuation
Blog coming soon!
Thank you to all the participants who attended our workshop on TCA and the Private Sector - the second in our new initiative, Scaling Implementation.
🗯️Look out for our upcoming blog which will summarize key themes and insights from the workshop!
https://t.co/KRF0rZnAK3
It's time to turn climate commitments into action!
Read @TCAAccelerator's latest blog post on scaling TCA in the face of polycrisis. It captures key moments from the first 'Scaling Implementation' workshop - an initiative to mainstream TCA by 2030.
🔗 https://t.co/drJLiAK7oJ
Today is Food, Agriculture and Water day at #COP29Baku.
@FAO’s #SOFA2024 report revealed that our agrifood system costs us almost $12 trillion each year.
Our food system is making us sick, but, according to @FAO, encouraging dietary shifts through different policy levers has the potential to address health AND environmental hidden costs.
We recently published a blog post on scaling TCA in global policy: https://t.co/ynlRO6MmNR
This blog summarizes the first workshop in our new initiative to mainstream TCA by 2030:
https://t.co/cnoefnxSr0
@FAO’s #SOFA2024 report calls for agrifood systems transformation that prioritizes health, sustainability and equity through #TrueCostAccounting.
This is especially relevant as #COP29Baku kicks off this week, and countries assess/plan progress on mitigation & adaptation plans.
🌡️ Policymakers should prioritize the most pressing hidden costs where data is available.
💰 At the same time, they should invest in data collection and analysis to expand #TCA assessments over time.
Read #SOFA2024: https://t.co/l0ebeCEY2Y
📢New @FAO report confirms that agrifood systems cost $12 trillion.
🍽️About $8 trillion arise from 13 dietary risks. We all pay these costs. But not equally.
Discover the detailed dietary risks by country 👉
https://t.co/9B6pZtkhp5
#SOFA2024#TrueCostOfFood#TrueCostAccounting
#TCA is the crucial tool for assessing this full range of impacts, considering all capitals including natural, human, and social, going beyond purely financial metrics.
🔗Read the report: https://t.co/MIGvRUpQ3O
#SOFA2024#4Betters#TrueCostofFood#TrueCostAccounting
@FAO's State of Food and Agriculture 2024 report is now live!
🧵Thread incoming:
Using #TrueCostAccounting, #SOFA2024 dives deeper into the $12 trillion cost of our global agrifood system.
It is clear:
Transformation of agrifood systems goes beyond increasing production. Value-driven transformation considers positive and negative impacts, prioritizing health, sustainability and equity.