Our Goal: A Coordinated Philanthropic Effort Most-Effective Actions to Reverse Global Warning Most-Effective Actions to Reverse Global Warning CO2 Reduction (gigatons) Refrigerant management 89.7 1. Wind turbines (onshore) 84.6 2. Reduced food waste 70.5 3. Plant-rich diet 66.1 4. Tropical forests 61.2 5. Educating girls 59.6 6. Family planning 59.6 7. Solar farms 36.9 8. Silvopasture 31.2 9. 10. Rooftop solar 24.6 Source: Drawdown (edited by Paul Hawken, 2017) 2018 Milken Institute Hamptons Dialogues Food 2.0: Saving the Planet While Saving the Humans 1
Leading Solutions for Food Security Leading Solutions for Food Security Reduced food waste Improved rice cultivation 1. 9. Plant-rich diet 10. Multistrata agroforestry 2. Silvopasture 11. System of rice intensification 3. Regenerative agriculture 12. Composting 4. Tropical staple trees 13. Nutrient management 5. Conservation agriculture 14. Farmland irrigation 6. Clean cookstoves 15. Biochar 7. Farmland restoration 8. Source: Drawdown (edited by Paul Hawken, 2017) U.S. Meat Production Billion pounds 100 Beef and Pork Poultry 90 80 70 60 50 40 30 20 10 0 1970 1980 1990 2000 2010 Source: USDA. 2018 Milken Institute Hamptons Dialogues Food 2.0: Saving the Planet While Saving the Humans 2
Food and Beverage Brands of the Future Food and Beverage Brands of the Future Source: CBInsights WeWork Removes the Meat WeWork Removes the Meat July 13, 2018 – WeWork Cos. will no longer allow employees to expense meals with meat, and it won’t pay for any red meat, poultry or pork at WeWork events. 2018 Milken Institute Hamptons Dialogues Food 2.0: Saving the Planet While Saving the Humans 3
Race to Produce Cell-Culture Beef Accelerates Race to Produce Cell-Culture Beef Accelerates July l6, 2017 – German drugmaker Merck KGaA and a Swiss firm, Bell Food Group, have invested $8.8 million in Netherlands-based Mosa Meat to produce beef from cattle cells. Mosa hopes to supply beef products in 2021 at $10 per Mark Post, a Maastricht University physiologist, burger. unveiled the world’s first lab-grown burger in London in 2013. It cost $330,000 to produce. “Tyson Isn’t Chicken” –Cover article, August 20, 2018 2018 Milken Institute Hamptons Dialogues Food 2.0: Saving the Planet While Saving the Humans 4
Tyson Isn’t Chicken Tyson Today Tyson: The Future 20% of all U.S. meat Antibiotics-free chickens 1.8B animals per year Reduce green house gases by 30% $15B of beef Improved animal conditions $11B of chicken Investments in: $5B of pork Future Meat Technologies $8B in prepared foods Memphis Meats (Hillshire Farm, Jimmy Beyond Meat Dean, Ball Park Franks) “Discovery Center” developing alternative proteins Source: Bloomberg BusinessWeek, August 20, 2018 “Plant-based protein is growing almost, at this point, faster than animal-based, so I think the migration may continue in that direction.” — Tom Hayes, CEO, Tyson Foods 2018 Milken Institute Hamptons Dialogues Food 2.0: Saving the Planet While Saving the Humans 5
Companies See the Value of Healthier Products Companies See the Value of Healthier Products Nestle acquires Sweet Earth, giving it access to the plant-based foods segment. By 2025, PepsiCo aims to have 2/3 of its global beverage portfolio products contain fewer than 100 calories from added sugars (12-ounce serving). Cargill, the largest private U.S. company, has invested in Memphis Meats and partnered with PURIS to expand pea protein production. Sources: The Globe and Mail; Wall Street Journal “Nestle Sells U.S. Candy Business” “Nestle Sells U.S. Candy Business” “Nestle has agreed to sell its U.S. confectionery business to Italy’s Ferrero for $2.8 billion … a small step on its path toward healthier products.” Source: Reuters, January 16, 2018 2018 Milken Institute Hamptons Dialogues Food 2.0: Saving the Planet While Saving the Humans 6
The Impossible Burger at Fatburger The Impossible Burger at Fatburger Launched October 2017 Veggieburger Vegan Boca burger No mayo No bun Source: VegNews, October 10, 2017 2018 Milken Institute Hamptons Dialogues Food 2.0: Saving the Planet While Saving the Humans 7
Focus on Nutrition Pharmacy of the 21 st Century 2018 Milken Institute Hamptons Dialogues Food 2.0: Saving the Planet While Saving the Humans 8
Refrigerants: Implementing Best Practices Hydroflurocarbons (HFCs) – a staple of every refrigerant – can warm the atmosphere 1000x – 9000x faster than carbon dioxide. 90% of refrigerant emissions happen at the end of a product’s life. Proper destruction practices can stop Air-conditioning units in Singapore nearly 90% of HFC emissions, eliminating 89.7 gigatons of carbon dioxide over the next 30 years. Source: Drawdown (Paul Hawken) 2017 Vertical Farming AeroFarms in Newark, New AeroFarms in Newark, New Jersey, turns out up to two Jersey, turns out up to two million pounds of harvest per million pounds of harvest per year. The crops – mostly salad year. The crops – mostly salad greens – are grown in 12 greens – are grown in 12 vertical layers in a 70,000 vertical layers in a 70,000 square-foot former warehouse. square-foot former warehouse. 2018 Milken Institute Hamptons Dialogues Food 2.0: Saving the Planet While Saving the Humans 9
What a Waste! Methane from food in landfills is 21 times more damaging than CO 2 . The carbon footprint of food waste accounts for about one-third of annual emissions from fossil fuels. Source: “Fixing Food,” report by the Barilla Center for Food & Nutrition and The Economist Intelligence Unit A $165 Billion Waste In the United States, 40% of all food is wasted – an estimated $165 billion. In the United Kingdom, each family discards, on average, 700 pounds, or $1,170 worth of food each year; that equals $US 31.7 billion. Sources: Natural Resources Defense Council; New York Times , “The Economic and Environmental Costs of Wasted Foods”, April 24, 2014 2018 Milken Institute Hamptons Dialogues Food 2.0: Saving the Planet While Saving the Humans 10
Silvopasture (combining forestry and grazing) Silvopasture (combining forestry and grazing) Multistrata Forestry Prevents erosion and flooding Recharges groundwater Restores degraded land/soils Supports biodiversity Absorbs and stores significant amounts of carbon dioxide By adopting 46 million acres by 2050, 9.3 gigatons of carbon dioxide would be sequestered. Source: Drawdown (Paul Hawken) 2017 2018 Milken Institute Hamptons Dialogues Food 2.0: Saving the Planet While Saving the Humans 11
Precision Irrigation California grows 80% of world’s almonds. It’s an $11B industry. Each almond requires roughly one gallon of water. Precision irrigation systems dose the exact amount of water and fertilizer every 30 minutes. Water use reduced by 20%. Source: The Economist, September 2016 Water Distribution Better water pressure management and active leakage control could reduce water losses by 20% globally by 2050. The emissions reduction could be nearly one gigaton of carbon dioxide. Infrastructure cost = $137 billion Cost savings = $903 billion Source: Drawdown (Paul Hawken) 2017 2018 Milken Institute Hamptons Dialogues Food 2.0: Saving the Planet While Saving the Humans 12
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