World’s Largest Prize in the Food Arena Will Pay a Million Dollars Yearly to Food Innovators

© Curt Bergfors Foundation

A new award called the Food Planet Prize, established by the Curt Bergfors Foundation in Stockholm, will award two annual $1million awards: the first will be given to an existing scalable solution for sustainable foods. The second will be awarded for innovative initiatives that could transform the global food sector.

Nominations for The Food Planet Prize are now open, with the first prizes awarded later in 2020. The nominations will be evaluated by an international jury of leading scientists, policymakers, and entrepreneurs.

“These are challenges that we all need to engage in,” says Curt Bergfors, a renowned hospitality entrepreneur in Sweden. The founding capital of 500 Million SEK is sourced from Mr. Bergfors’ private assets. Additional funding, up to a total of one billion SEK, is under consideration.

“Our food system is broken, and the planet is ailing. We are all part of the problem, and we must all try to be part of the solution. I want to contribute through the foundation and these awards,” he adds.

Curt Bergfors
Curt Bergfors

The jury is chaired by Johan Rockström, executive director of the Potsdam Institute for Climate Impact Research, who says: “We need a food-system revolution or risk destabilizing our planet. The new Food Planet Prize is designed to contribute to this goal,” says Rockström.

Background information on the food planet challenge:

  • The world’s population is 7.8 billion. In 2030 it will be 8.5 billion and by 2050 close to 10 billion. With today’s food system, the world will not be able to feed a population this size without further compromising Earth’s climate and biodiversity.
  • Eradicating hunger by 2030 is one of the UN’s Sustainable Development Goals. Over 800 million people suffer from hunger and malnutrition. In recent years this has been rising after decades of progress.
  • The food system contributes to about a quarter of global greenhouse gas emissions.
  • The world uses about half of the available land on Earth for food production and about 70% of our use of freshwater is directed to agriculture.
  • The food system is the main driver of a mass extinction of life on Earth.

In addition to the Food Planet Prize, the foundation will also fund a professorship with a focus on transformation to a sustainable food system. The intention is for the professorship to be based at the Stockholm Resilience Centre, Stockholm University.

The nomination process is now available for submissions at foodplanetprize.org. For further information: foodplanetprize.org, [email protected]