3D Printed Steaks Could be the Next Emerging Tech ESG Investors Should be Watching – Here’s Why
November 13, 2023 | 2 min to read
As global demand for meat surges, the environmental impact of consumption becomes critical. Companies like Steakholder Foods Ltd are pioneering lab-grown meat technologies to mitigate this. Currently, meat contributes to a third of agriculture’s emissions and deforestation, but if meat consumption were halved, greenhouse gas emissions could decrease by 31%, halting forest loss. Yet, the FAO predicts a 14% increase in global meat consumption by 2030, highlighting the urgent need for sustainable solutions.
As the world’s growing population brings with it a growing demand for meat, the environmental pressures of meat consumption are coming into sharper focus. To meet that demand while decreasing the environmental impact the industry has, companies like Steakholder Foods Ltd are developing new technology for lab-grown meat. Here’s what investors should know about the emergence of food printing.
Meat Accounts For About A Third Of The Agricultural Industry’s Emissions And Deforestation Problem
If the global population cut its meat consumption in half, greenhouse gas emissions from the agricultural industry would drop by 31%. At the same time, the acres of land used to feed and raise livestock would decrease so much that it would almost stop the net loss of forests. If just half of that newly freed-up land were also restored through tree planting to create forest land, the amount of emissions captured by those new forests would double that 31% drop in emissions.
Despite that significant potential to reduce the pressure on the environment and limited natural resources, meat consumption is actually expected to rise in the future. Instead of falling by half, the Food and Agriculture Organization (FAO) estimates global meat consumption will rise by 14% by 2030.
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