Ifpri Podcast

POLICY SEMINAR Can agricultural policies deliver better value for money for people, the planet, and the economy? Co-Organized by IFPRI and World Bank Group FEB 2, 2022 - 9:30 TO 11:00AM EST The massive support provided to agriculture by governments — $639 billion per year during 2016–18 — has not incentivized sustainable patterns of food production and consumption, leading to calls to “repurpose” this support. A new IFPRI-World Bank study, Repurposing Agricultural Policies and Support : Options to Transform Agriculture and Food Systems to Better Serve the Health of People, Economies, and the Planet, shows that the present system of support, if left in place, would do nothing to staunch the rapid increase in global emissions from agriculture. Unfortunately, many seemingly appealing options for repurposing are either ineffective or involve harsh side effects such as raising food costs, poverty and agricultural land use. The study’s authors therefore call for a more fundamental change in incentives that advance