Global investment company Temasek has launched the Asia Sustainable Foods Platform, which will focus on scaling up alt-protein production and accelerating the development of sustainable foods in the region.
Singaporean State Investor Temasek Says Alt-Proteins Are Vital For Food Security
Steve Howard, Chief Sustainability Officer at Singapore’s state investor Temasek, has said that plant-based proteins are an important way of improving food security. Speaking to CNBC, Howard explained that about 80% of farmland is used for animal agriculture, with a huge proportion of crops grown being fed to farmed animals. In contrast, only 18% of calories come from animal foods. With climate change already negatively impacting crop production, current grain stores may not be enough to sustain the world’s population. Diversification, especially a switch to alt-proteins, could significantly reduce this inefficiency. Along with preventing food shortages, it could protect those on low incomes from rising food prices. “More plant-based protein, more alternative proteins — that can really build in food security,” Howard told CNBC. “We …