Can the world feed 10 billion people?


Daniel Bardsley
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The UN announced that the world’s population had reached eight billion, something its Secretary General, Antonio Guterres, said should make us “marvel” at the growth in lifespans and reductions in child mortality.

But Mr Guterres also struck a cautionary tone, warning that the milestone reminded us “of our shared responsibility to care for our planet”, which is all the more relevant given that population growth is set to continue for decades.

While the global population increase has slowed to below 1 per cent a year, forecasts suggest there will be 9.7 billion people on Earth in 2050 and about 10.4 billion — more than a quarter more than today — by 2100.

It raises the question of how these additional mouths are going to be fed and whether the planet can cope with the stresses created by producing ever more food.

Action needed

Prof Matin Qaim, an agricultural economist and director of the Centre for Development Research (ZEF) at the University of Bonn in Germany, says 10 billion people can be fed without harming the planet “if we do the right things”.

Among them, he says, is becoming more sustainable in food consumption and distribution, which includes cutting food waste.

This in-vitro burger, cultured from cattle stem cells, is the first example of what its creator says could provide an answer to global food shortages and help combat climate change. Reuters
This in-vitro burger, cultured from cattle stem cells, is the first example of what its creator says could provide an answer to global food shortages and help combat climate change. Reuters

“We need to reduce losses along the supply chain and we need to change our diets in the US, Europe and Australia — we need to reduce our consumption of meat and animal-sourced foods,” he says.

Indeed, research in the US has indicated that more than a third of calories from crops are fed to livestock.

Prof Qaim says “bolder policy-making and incentives” are required to achieve the transition in diets that he sees as necessary.

It is an issue also highlighted by Zoltan Rendes, a European Union Climate Pact Ambassador, a role that involves supporting action on climate change. He echoes the voices of climate change activists who say the world is “overproducing and overconsuming meat”.

“It’s OK to have a burger or a steak but not every day,” said Mr Rendes, who is partner and chief marketing officer of Dubai company, SunMoney Solar Group. “The whole production of meat is a very polluting process.”

Sustainability is key

Tying in with this, a 2019 report highlights limiting the growth in demand for food (including a shift to “more sustainable” diets and a cut in food waste) as one of five key areas of action that could make agriculture sustainable by 2050, despite the need to provide for a bigger population.

Creating a Sustainable Food Future: A Menu of Solutions to Feed Nearly 10 Billion People by 2050, produced by the World Resources Institute with organisations including the UN and the World Bank, estimates that in 2050, 56 per cent more crop calories will be needed compared to 2010.

Over the same period, the area of land agriculture requires — if crop and pasture yields grow at rates seen until now — will increase by almost twice the size of India.

If this happens, total annual agricultural emissions would be the equivalent of 15 billion tonnes of CO2. But if global temperature rises are to be kept to less than 2°C above pre-industrial levels, the report says that agriculture should not generate more than the equivalent of four billion tonnes of CO2 each year.

Tackling greenhouse gasses

Agriculture’s contribution to climate change is already significant, with the Intergovernmental Panel on Climate Change (IPCC) calculating that the sector as a whole generates 8.5 per cent of greenhouse gas emissions.

The total impact of food production on planetary warming is much greater, because the IPCC has worked out that the clearing of land for farming and other land-use changes linked to agriculture account for an additional 14.5 per cent of emissions. That means that close to a quarter of all carbon emissions are linked to agriculture.

The World Resources Institute warns that no “silver bullet” can solve the issue. But, aside from ensuring that demand for food does not continue to rise at a steep rate, it also says the world should focus on technologies and farming methods that cut agricultural greenhouse gas emissions, such as reducing emissions from fertilisers.

Another area of focus should be increasing the supply of fish, including by better managing stocks in seas and oceans.

A vendor arranges his stock at a fish market in Colombo. AFP
A vendor arranges his stock at a fish market in Colombo. AFP

Also required are the linking of agricultural yield gains with ecosystem conservation, and increases in food production without allowing agriculture to use more land, which requires yield improvements.

This last issue — the growing demand for agricultural land — will be a key challenge, says Prof Carsten Daugbjerg, of the Department of Food and Resource Economics at the University of Copenhagen.

Lack of land

In North America and Europe in particular, there may be little scope for increasing the land available for agriculture.

Elsewhere, more land can be freed up but at the cost of the release of vast quantities of greenhouse gases jeopardising biodiversity.

“There’s the whole issue of the rainforest in South America, where there’s potential to expand the agricultural area, but that would certainly cause other problems,” Prof Daugbjerg says.

At the same time, he warns that efforts to increase agricultural yields, which may involve more fertiliser or pesticide use, also risk harming the environment.

An additional complicating factor is that climate change means that agricultural yields in certain areas will decline. In some parts of the world, it may no longer be possible to produce the food that is grown there today.

To achieve “climate resilient” agricultural productivity, Prof Qaim argues that new technology, such as advanced methods of genetic engineering, is needed, despite often being controversial. Best practices in agronomy, the science of crop production and soil management, are another priority.

Much of the world’s population growth is projected to come from Africa, with UN forecasts indicating that the populations of more than half of the continent’s 54 nations will at least double by 2050.

Prof Qaim says agricultural yields can be as little as one fifth of those elsewhere and that by adopting technology used in many other parts of the world, outputs could increase “many fold”. He cautions, however, that implementing technology alone is not enough.

“It’s providing the infrastructure, having markets that work well for predominantly small-scale farmers,” he says, adding that large investments in rural development are needed.

So, as we celebrate advances in medicine making us live longer, expect many challenges on the road to a world with 10 billion people.

The biog

Job: Fitness entrepreneur, body-builder and trainer

Favourite superhero: Batman

Favourite quote: We must become the change we want to see, by Mahatma Gandhi.

Favourite car: Lamborghini

The stats

Ship name: MSC Bellissima

Ship class: Meraviglia Class

Delivery date: February 27, 2019

Gross tonnage: 171,598 GT

Passenger capacity: 5,686

Crew members: 1,536

Number of cabins: 2,217

Length: 315.3 metres

Maximum speed: 22.7 knots (42kph)

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

RESULTS

1.30pm Handicap (PA) Dh 50,000 (Dirt) 1,400m

Winner AF Almomayaz, Hugo Lebouc (jockey), Ali Rashid Al Raihe (trainer)

2pm Handicap (TB) Dh 84,000 (D) 1,400m

Winner Karaginsky, Tadhg O’Shea, Satish Seemar.

2.30pm Maiden (TB) Dh 60,000 (D) 1,200m

Winner Sadeedd, Ryan Curatolo, Nicholas Bachalard.

3pm Conditions (TB) Dh 100,000 (D) 1,950m

Winner Blue Sovereign, Clement Lecoeuvre, Erwan Charpy.

3.30pm Handicap (TB) Dh 76,000 (D) 1,800m

Winner Tailor’s Row, Royston Ffrench, Salem bin Ghadayer.

4pm Maiden (TB) Dh 60,000 (D) 1,600m

Winner Bladesmith, Tadhg O’Shea, Satish Seemar.

4.30pm Handicap (TB) Dh 68,000 (D) 1,000m

Winner Shanaghai City, Fabrice Veron, Rashed Bouresly.

Results:

5pm: Baynunah Conditions (UAE bred) Dh80,000 1,400m.

Winner: Al Tiryaq, Dane O’Neill (jockey), Abdullah Al Hammadi (trainer).

5.30pm: Al Zahra Handicap (rated 0-45) Dh 80,000 1,400m:

Winner: Fahadd, Richard Mullen, Ahmed Al Mehairbi.

6pm: Al Ras Al Akhdar Maiden Dh80,000 1,600m.

Winner: Jaahiz, Jesus Rosales, Eric Lemartinel.

6.30pm: Al Reem Island Handicap Dh90,000 1,600m.

Winner: AF Al Jahed, Antonio Fresu, Ernst Oertel.

7pm: Al Khubairah Handicap (TB) 100,000 2,200m.

Winner: Empoli, Pat Dobbs, Doug Watson.

7.30pm: Wathba Stallions Cup Handicap Dh80,000 2,200m.

Winner: Shivan OA, Patrick Cosgrave, Helal Al Alawi.

The specs

Engine: 5.0-litre supercharged V8

Transmission: Eight-speed auto

Power: 575bhp

Torque: 700Nm

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The specs

Engine: Two permanent-magnet synchronous AC motors

Transmission: two-speed

Power: 671hp

Torque: 849Nm

Range: 456km

Price: from Dh437,900 

On sale: now

Traits of Chinese zodiac animals

Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent   

EXPATS
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Updated: November 18, 2022, 6:00 PM