Feeding the World Sustainably

Feeding the World Sustainably

Executive Summary3

Introduction4

Overview4

Conceptual Framework6

The Four Capitals6

Natural Capital6

Human Made Capital6

Cultural Capital7

Externalities7

Market Failure8

Legislature8

Valuation10

Evaluation of Theories & Policies10

Discussion11

Stimulating Innovation12

Enabling Markets12

Building Political Leadership12

Supporting People13

Literature review14

Background14

Capitalism14

Green Revolution15

China16

Globalization16

Conclusions & Recommendations17

Reference19

Appendix22

Executive Summary

The world is facing the problem of increasing population with depletion of natural resources exponentially. To cater the prevailing population of billions of people and the future generations; it is a matter of an utmost importance to take into account. The aim of this report is to critically examine the history and find the solution to through explanation and evaluation of different environmental economic theories and policies and then evaluating the relevant one to inspire the developed nations for taking feasible actions The world has focussed its attention towards this issue and invested heavily in the formation of associations and communities to make contingency plans, however; the question still persists that how to feed the world sustainably?

Introduction

All around the world millions of people are facing the dilemma of malnutrition and under nourishment conditions. The resources of food development are either depleting or fighting with natural calamities. The problem is recurring with out being able to solve at first place. The production is struggling to meet up the requirements but gets compelled with scarcity and catastrophes. The portion of the food for global use is getting damaged before it gets convalescence. Feeding the world sustainably point outs the production of healthy food that would not be only able to meet the current food requirement of the world but also not be able to produce enough to meet the requirements of future generations with minimal risk of negative externalities.

Overview

The agricultural system of the world is the cornerstone solution of the problem of sustainability. Today the under discussion problem is to feed the world sustainably of around seven billion people which will turn into a mass of ten billion till 2050, so the aim is to help the policy makers and the scientists in order to drive some feasible outcomes. Despite presence of food to meet up the today's requirement; 850 million people are suffering from starvation because of the prevailing ill social and economic conditions of the world. The people of the world with self-centred attitude are busy in feeding themselves leaving susceptible at risk, a high rate of obesity in US manifests itself the disequilibrium condition. "If every country becomes as fat as the US, and that's the kind of trajectory we're on, then in mass terms it's like having an extra billion people on the Earth or in food energy terms it's like feeding another half a billion," (Roberts, 2012. P.n.d)

Either it is a state of India or a country of Africa; malnourishment and non accessibility to food kill millions of people every year. In his infamous book The Population Bomb; Paul R. Ehrlich gave his remarks of glumness in these words: “the battle to feed all humanity is over and at this late date nothing can prevent a substantial increase in the world death rate," (Ehrlich, ...