UK Food System Faces £2.6bn Climate Inaction Shock, Warns New IGD Report

UK Food System Faces £2.6bn Climate Inaction Shock, Warns New IGD Report

A climate risk model launched by IGD this week reveals that the UK food system is exposed to £2.6bn in additional food costs if current practices continue, driven by inflation and volatility. The model, developed with consultants EY, has been (more…) The post UK Food System Faces £2.6bn Climate Inaction Shock, Warns New IGD Report appeared first on KamCity.

UK Food Industry Faces £2.6bn Hit Without Climate Action

A pioneering climate risk model launched by IGD reveals that the UK will be exposed to £2.6bn in additional food costs if current practices continue, driven by inflation and volatility, with imported horticulture facing the greatest risk. The findings support the business case for accelerated progress towards net zero, according to IGD (Institute of Grocery Distribution), with immediate action urged from business and government in order to prote…

UK food system faces £2.6bn climate inaction shock, warns new IGD report

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! A ground-breaking climate risk model launched by IGD reveals that the UK food system is exposed to £2.6bn in additional food costs if current practices continue, driven by inflation and volatility. The model, developed with consultants EY has been developed to support business leaders and policymakers. The a…