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Launched at the World Economic Forum Annual Meeting 2019 in Davos, Cities and Circular Economy for Food explores the benefits of the transition to a regenerative food system. With analytical support from SYSTEMIQ, the research outlines a vision underpinned by circular economy principles, where food production improves rather than degrades the environment and where people have access to healthy and nutritious food. Given that 80% of all food will be consumed in cities by 2050, the report highlights their critical importance in triggering the shift towards a regenerative system fit for the long term. Three main ambitions emerge:
These three ambitions will have greater impact if pursued simultaneously and by 2050 could unlock overall benefits worth USD 2.7 trillion a year. These take the form of environmental improvements including a reduction in greenhouse gas emissions of 4.3 billion tonnes CO2 equivalents, a reduction in health costs associated with pesticide use of USD 550 billion, along with other health benefits, and an economic opportunity for cities to reduce edible food waste and make better use of food by-products, worth USD 700 billion. Realising this vision will require an unprecedented level of collaboration across the entire value-chain and the connection of flagship city demonstration projects with the scaling potential of global businesses and collaboration platforms. The Guide sets out a pathway to a much-needed new approach to our food system.