Food Costing and internalisation of Externalities for System Transition
Current food systems don’t reflect the true costs of food. In order to achieve sustainable food systems, the project’s objective is to develop tools, business models and policies to measure and value positive and negative external costs of food. By internalising climate, biodiversity, environmental, social and health externalities, these costs are going to be reflected in market prices and thus in the decision making of actors in food value chains. FOODCoST (Food Costing and internalisation of Externalities for System Transition) will guide business, policy makers and other actors to support the transition towards a sustainable food system. This EU-research project is coordinated by Stichting Wageningen Research (Netherlands).