"Widespread adoption of alternative proteins can play a critical role in tackling climate change," Malte Clausen, a partner at BCG was quoted as saying. You're getting more impact from your investment in alternatives than in any other sector of the economy.
The investment in alternative products and meat has more than doubled in the last year. According to the report, alternatives make up 2% of meat, egg and dairy products sold, but will rise to 39% in the next two decades. The reduction in emissions would be equivalent to global aviation's output. With technological progress and regulatory changes, meat alternatives could grow much faster.
"There's been a lot of investments into electric vehicles, wind turbines and solar panels, which is all great and helpful to reduce emissions, but we have not seen comparable investment yet [in alternative proteins], even though it's rising rapidly," he said. "If you really care about impact as an investor, this is an area that you definitely need to understand...."According to scientists, avoiding meat and dairy products is the most important way to reduce your environmental impact on the planet and that large cuts in meat consumption in rich nations are essential to ending the climate crisis.
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