To effectively integrate the hidden costs and benefits of agrifood systems into decision-making, it's crucial to apply a multi-faceted approach, which includes conducting Life Cycle Assessments to understand environmental impacts, implementing True Cost Accounting to reveal actual costs, including externalities, developing integrated policy frameworks that balance environmental, social, and economic goals, and engaging diverse stakeholders for a well-rounded perspective. Utilizing advanced technologies and data analytics is critical in tracking and managing the impacts while establishing clear sustainability indicators and benchmarks aids in monitoring progress. Raising awareness among consumers and producers about the effects of food production, investing in research and development for sustainable practices, redirecting financial incentives and subsidies towards eco-friendly methods, and fostering public-private partnerships for resource sharing are also essential. These combined efforts lead to a more sustainable and equitable food system.
Mr. ADEWALE MOSES SEDARA