The EU wants every sector to be more sustainable, but sustainability comes at a price for both producers and consumers. Photo: Koos Groenewold
Calculations made with the Climate Risk Tool of Fairr, the US farm animal investment risk and returns initiative, showed that climate risks could make global poultry farming loss-making as soon as in 2030. Climate change-related costs will result in a US$23.7 billion decrease in profits for the 40 largest livestock companies by 2030, pushing half of these companies into net operating losses. According to Fairr’s data, North American livestock companies could be the most severely hit, with a
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